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Judi Lynn

(160,542 posts)
Fri Aug 12, 2016, 12:03 AM Aug 2016

Guatemalans' Fight Against Rogue Canadian Mining Giant Heats Up

Guatemalans' Fight Against Rogue Canadian Mining Giant Heats Up



Guatemalan communities form the area of Santa Cruz del Quiche unanimously vote against resource extraction on their lands. | Photo: Courtesy James Rodriguez, MiMundo.org

Published 11 August 2016


Communities in Guatemala have repeatedly voiced their opposition to a Tahoe Resources silver mine. The company chose to ignore it ... and worse.



Canadian mining giant Tahoe Resources came under fresh fire Thursday for bulldozing human rights in Guatemala as two organizations filed a complaint in the United States calling for a probe into whether Tahoe executives lied to investors.

The California-based Network in Solidarity with Guatemala (NISGUA) and the Guatemalan Diocesan Committee in Defense of Nature (CODIDENA) represented by the Canada-based Justice and Corporate Accountability Project, submitted a 36-page report to the U.S. Securities and Exchange Commission (SEC), the federal agency that oversees financial securities laws. The report details why Tahoe should face careful scrutiny and be held liable under U.S. law for failing to disclose to investors key details about local community opposition and human rights concerns swirling around the contentious Escobal silver mine.

“We strongly believe that a thorough investigation into Tahoe Resources’ reporting record would reveal that the company failed to disclose widespread opposition to the project and in fact, has no social license to be operating the Escobal mine,” NISGUA’s Becky Kaump told teleSUR from the organization’s office in Guatemala. She also noted that the group has repeatedly called for international solidarity to condemn “direct violence, threats, and criminalization” against community members and local activists amid “persistent” human rights violations against the communities around the mine.

More:
http://www.telesurtv.net/english/news/Guatemalans-Fight-Against-Rogue-Canadian-Mining-Giant-Heats-Up-20160811-0008.html

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