Investing in Destruction: Glamis Gold
Published: November 2003
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Publication Summary
A new claim under the investment rules in Chapter 11 of NAFTA has been initiated by Glamis Gold, a Canadian mining company that has demanded $50 million in compensation from the US because of California restrictions on open-pit gold mining. The initiation of the claim reinforces the threats to environmental laws from investment rules, and raises important new issues about risks to indigenous communities.