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Friday, December 19, 2008

Cyril Mychalejko, "Canadian Company Threatens El Salvador with Free Trade Lawsuit Over Mining Project," Upside Down World, December 19, 2008.

[The very expensive culture of unrestricted corporate entitlement keeps spreading. This story belongs on the table with the $10 billion suit by Platinex against the KI Algonquin in Ontario and the uranium suit against the province of BC by Boss Power Inc. Contempt of court charges and lengthy jail sentences link them to the Ardoch Algonquin uranium opposition, also in Ontario. File under "Why 'free trade' is not free." (In the good ol' days, I paid $7.15 for my "free" Netscape T-shirt from California, but the price is going up, as they say, exponentially. There's that hockey-stick graph again.) Hard to tell whether we're busier doin' it or havin' it done to us. -jlt]

A Canadian mining company intends to sue El Salvador's government for several hundred million dollars if it is not granted permission to open a widely unpopular gold and silver mine that scientists warn would have devastating effects on local water supplies.

Pacific Rim Mining Corp., using its Nevada-based subsidiary Pac Rim Cayman LLC, filed a Notice of Intent on Dec. 9 through provisions in the Central American Free Trade Agreement (CAFTA) that allow transnational corporations to sue governments over laws and decisions that often put public interests ahead of corporate profits.

  "The El Dorado EIA, unfortunately, presents baseline data that are incomplete and which do not allow a reader to adequately evaluate the pre-mining water quantity conditions. To a lesser extent the baseline water quality data are also inadequate, especially with respect to ground water quality."
Robert Moran
Hydrogeologist, 2005

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