For four days, participants exchanged their experiences using "Getting It Right," a dynamic tool developed by Canada-based Rights & Democracy. Designed especially for communities and their support organizations, the tool enables teams to conduct HRIAs of private investment projects, such as infrastructure projects, agro-industry, dams, extractive industries, and other initiatives.
This report summarizes key lessons learned and recommendations from participants, based on their pilot experiences in Bolivia, Columbia, Ecuador, Peru, the Philippines, and the United States.
]]>“With this level of shareholder support, Chevron can no longer ignore the call for transparency,” said Ian Gary, senior policy manager for extractive industries at Oxfam America, who attended the shareholder meeting. “We know oil revenues are too often squandered through corruption, internal conflict, and weak governance. This is an opportunity for Chevron to promote the rights of citizens by providing them with vital information about revenues coming into their countries. Transparency should not be a question for Chevron, it is central to accountable practice in the vulnerable countries where it operates.”
The shareholder proposal was filed in December 2009 by Oxfam America and five institutions with Chevron holdings. Prior to the vote yesterday, shareholders and their proxies spoke in favor of this proposal to help reduce instability and insecurity in oil-rich countries through a transparent and accountable payment disclosure policy in all countries where Chevron operates. Two other global oil companies, Statoil of Norway and Talisman Energy of Canada, already disclose this information to the public.
During his remarks, Mam Sambath, chairman of Cambodians for Resource Revenue Transparency, said: “Secrecy encourages conflict. In Cambodia, over the past decades, there have been numerous conflicts between communities and companies, and these have led to losses for both sides. We don’t want this to happen because we want Chevron to stay, and this is your opportunity to take leadership in Cambodia and help us ensure that your operations in Cambodia will be successful and beneficial to both your company and Cambodians.”
In 2008, Chevron paid more than $40 billion in taxes to governments around the world. Managed properly, these revenues can contribute to economic prosperity and stability in countries where Chevron and other companies operate. However, history has shown that oil company payments to governments as well as government receipts are often kept secret, leading to embezzlement, corruption, and revenue misappropriation, which, in many cases, has prevented oil revenues from contributing to economic development.
In his address to shareholders, Ian Gary said: “Disclosing payments would complement Chevron’s existing efforts in initiatives such as the Extractive Industries Transparency Initiative. EITI has serious limitations. It is voluntary and only works where governments have the political will be transparent…Chevron works in many countries run by governments suspected of corruption and worse. Unfair or not, undisclosed payments raise popular suspicion regarding Chevron’s role in maintaining a system of financial secrecy. Ensuring that payments are transparent puts Chevron in a leadership position and turns the spotlight back on host governments.”
With the results of yesterday’s vote, Oxfam America has the right to re-file this shareholder proposal with Chevron next year. Oxfam America will continue to call on Chevron and its shareholders to support disclosure of all payments to host governments.
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In December of last year, Oxfam America and a number of fellow shareholders filed a resolution with Chevron calling for a comprehensive policy of publicly disclosing all payments made to governments of countries where the company operates. The resolution, which will be up for vote at the meeting today, aims to promote the rights of citizens in oil-rich countries by providing them with vital information about revenues coming into their countries.
“With this resolution, many shareholders have spoke and Chevron should listen. Oil revenues are too often squandered through corruption, internal conflict, and weak governance in resource-rich countries,” said Raymond C. Offenheiser, President of Oxfam America. “Chevron has an opportunity to stop sitting idly by while this happens under a veil of secrecy. By publicly disclosing all payments, these governments can be held accountable for using revenues for economic development and poverty reduction.”
In 2008, Chevron paid more than $40 billion in taxes to governments around the world. Managed properly, oil revenues can contribute to economic prosperity and stability in countries where Chevron and other companies operate. However, history has shown that oil company payments to governments as well as government receipts are often kept secret, leading to embezzlement, corruption, and revenue misappropriation, which, in many cases, has prevented oil revenues from contributing to economic development in these countries.
In Angola, a country where Chevron operates, more than $4 billion in state oil revenues disappeared from government coffers between 1997 and 2002, an amount roughly equal to the entire sum the government spent on social programs in the same period. New areas of Chevron exploration in countries like Cambodia are threatened with the same fate if the company does not adopt a payment disclosure policy.
“Cambodians have witnessed how the misuse of oil revenues tore apart countries like Angola and Nigeria. On the verge of oil boom in Cambodia, we urge the Cambodian government to prepare for the oil industry by committing to accountable, transparent policies and regulations for successful management of this sector,” said Solinn Lim, Regional Program Coordinator for Extractive Industries at Oxfam America in Phnom Penh, Cambodia. “We urge Chevron to publish what they pay for our natural resources, so that their corporate practice will help support an open and sustainable industry in Cambodia.”
As Chevron convenes their meeting of shareholders, the US Congress is also recognizing the importance of revenue transparency in the oil, gas, and mining industries. A bipartisan group of Senators introduced the Energy Security through Transparency Act, which would legally require all oil, gas, and mining companies registered with the US Securities and Exchange Commission (SEC) to disclose payments made to host governments. This includes European companies, such as Shell and BP, as well as many companies in emerging markets such as China, India and Brazil. The bill was introduced in September of 2009, and is expected to be considered for a vote in 2010.
“Congress has started to recognize the value of transparency in this sector, and we need industry leaders like Chevron to commit to a payment disclosure policy that would not only protect company investments and help stabilize energy prices for consumers, but also foster accountability in nations were secrecy has undermined development, democracy, and human rights for decades,” said Offenheiser.
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In a letter to Chevron shareholders, Oxfam is urging investors to support a shareholder proposal on fiscal transparency calling on the company to disclose annually all taxes, royalties, fees, bonuses, and other payments to specific national governments.
Chevron paid more than $40 billion in taxes to governments around the world in 2008. Knowing how much money Chevron pays to the governments of Nigeria, Chad, Angola, Myanmar, and other countries rich in oil and struggling in poverty can make a significant difference for citizens pushing for government accountability.Chevron is a participant in the Extractive Industry Transparency Initiative (EITI), which is promoting disclosure of resource revenues paid to governments, and has stated in its 2008 corporate responsibility report that it supports the mission of the EITI:“Chevron believes that disclosure of revenues received by governments and payments made by extractive industries to governments could lead to improved governance in resource-rich countries. The transparent and accurate accounting of these funds contributes to stable, long-term investment climates, economic growth and the well-being of communities.”
Unfortunately, the voluntary EITI initiative works only where governments have the political will to implement the program. In many Chevron countries of operation the host government has either not signed up to EITI or not fully implemented it. Only 2 out of 22 countries facing a March 2010 deadline to have their implementation of EITI independently verified met the deadline.
Chevron has an additional opportunity to take a leadership role in advocating for resource revenue transparency as the US Congress debates the proposed Energy Security through Transparency Act of 2009. This law, if enacted in its proposed form, would require all oil companies like Chevron that are registered with the Securities and Exchange Commission to disclose payments to governments. The law would ensure more disclosure in resource-rich countries, whether or not the government is participating in the voluntary approach.
The Oxfam shareholder proposal concludes: “Chevron should practice the highest possible degree of disclosure of payments from the company to host governments to maintain its industry leadership position on this critical issue and to ensure that its investments contribute to increased economic development and political stability.”
Oxfam hopes for strong support for the proposal at the annual Chevron shareholders meeting on May 26th.
]]>The resolution, filed on International Human Rights Day, aims to promote the rights of citizens in oil-rich countries by providing them with vital information about revenues coming into their countries. Co-filers on this resolution include Newground Social Investment, Robert Brooke Zevin Associates, Inc., and likely several other Chevron shareholders.
In 2008, Chevron paid more than $40 billion in taxes to governments around the world. Managed properly, oil revenues can contribute to economic growth and poverty reduction in countries where Chevron and other companies operate. However, history has shown that oil company payments to governments as well as government receipts are often kept secret, leading to embezzlement, corruption, and revenue misappropriation by host governments, which, in many cases, has prevented oil revenues from contributing to economic development in these countries.
“Natural resource revenues are too often squandered through corruption, internal conflict, and weak governance,” said Raymond C. Offenheiser, president of Oxfam America. “Citizens of resource-rich developing countries need adequate information to hold their governments accountable for using natural resource revenues for essential services like health and education. Chevron should maintain its position as an industry leader on this issue by practicing the highest degree of disclosure of payments to host governments to help make this possible.”
Chevron plays a leading role in the global Extractive Industries Transparency Initiative (EITI), a voluntary program designed to increase transparency of payments by oil, gas, and mining companies to governments where resources are extracted. EITI is recognized as an important step toward improving revenue transparency, but a voluntary initiative has limited effect and does not cover all countries where Chevron invests, including Angola, Chad, and Cambodia.
“While Chevron has endorsed the concept of revenue transparency with programs like EITI, it does not fully disclose payments to governments on a country-by-country basis. A policy for disclosing this information in all of Chevron’s countries of operation will help ensure that the company’s – and the shareholders’ – investments contribute to increased economic development and political stability in developing nations,” said Offenheiser. “We hope that other Chevron investors will join us in supporting this proposal.”
Oxfam’s proposal presents an opportunity for Chevron to take a leadership role as the US Congress contemplates legislation that would legally require all oil, gas, and mining companies registered with the Securities and Exchange Commission (SEC) to disclose payments made to host governments. This includes European companies, such as Shell and BP, as well as many companies in emerging markets such as China, India and Brazil. The Energy Security through Transparency Act of 2009 was introduced with bipartisan Senate support in September and is expected to be considered for a vote in 2010.
“This legislation hopes to address the lack of transparency in the oil, gas, and mining industry that often goes hand-in-hand with government corruption and violent conflict. The resulting instability poses a long-term threat to company investments and higher energy prices for consumers. By recognizing the value of transparency, Chevron can help elevate the industry and foster accountability in nations where secrecy has undermined development, democracy, and human rights,” said Offenheiser.
]]>"President Obama's historic visit to Ghana, so early in his presidency and on the heels of important commitments at the G8 in Italy, signals the importance of African development to US interests," said Raymond Offenheiser, President of Oxfam America. "President Obama gets it. He understands that without a strong civil society, and capable, transparent governance, efforts to fight poverty and bring about social justice in Africa will at best be incremental. Good governance and sustainable use of resources will inspire more effective international assistance and increase trade."
President Obama had several recommendations that will help Africa on the road to prosperity. Here are a few of the highlights from the speech:
"In the 21st century, capable, reliable, and transparent institutions are the key to success—strong parliaments; honest police forces; independent judges; an independent press; a vibrant private sector; a civil society. Those are the things that give life to democracy, because that is what matters in people's everyday lives." These are all important parts of a thriving democracy, and President Obama made clear in his speech that these should be a priority in Africa just as they should be on every other continent. Building strong institutions that protect the rights of citizens, and allow business and entrepreneurs to flourish, will encourage investment in Africa. Oxfam is focused on helping civil society organizations work to hold their governments accountable. Examples include our partnerships with groups promoting new laws that accord equal rights to women and girls in southern Africa, and a region-wide proposal for uniform laws governing the mining industry in West Africa.
"So in Ghana, for instance, oil brings great opportunities, and you have been very responsible in preparing for new revenue. But as so many Ghanaians know, oil cannot simply become the new cocoa... Dependence on commodities—or a single export—has a tendency to concentrate wealth in the hands of the few, and leaves people too vulnerable to downturns." Resources like gold, diamonds, and oil can bring enormous wealth and potential for development. The road to prosperity will require leaders to avoid the path of poor management, corruption, violence and war. Ghana is a promising example of what is possible: Since Ghana discovered oil near its coast, the country's President John Atta Mills pledged earlier this year to disclose all petroleum agreements, so citizens can track what money comes to the government and how revenues are spent. This pledge has not yet been turned into reality. Real transparency needs to be built into a new legislative framework for how Ghana's new oil wealth will be managed, to ensure revenues are spent on social services and poverty reduction. Oxfam is working with the US Congress on legislation to require all US and foreign companies subject to Securities and Exchange Commission rules to disclose payments to developing country governments. This will be a critically important tool for citizens working to avoid corruption and waste of natural resource revenues.
President Obama also highlighted steps that the US would take to help combat corruption, including addressing corruption in the annual State Department human rights report, a recommendation that was made by Oxfam America in its Presidential transition memos.
"Aid is not an end in itself. The purpose of foreign assistance must be creating the conditions where it's no longer needed." The United States needs to make a number of key reforms to make our foreign aid system as effective as possible in reducing poverty and creating prosperous communities throughout the developing world. The US lacks a coherent strategy for global development. Oxfam is calling on the US to keep recipient country governments and their public informed on the nature and amount of American aid, and let each recipient country lead its own development agenda. President Obama's focus on using aid to defeat poverty is on the right track—one that we hope will lead to a new strategy for global development and a reinvigorated, effective aid system that will also rebuild US leadership in the world.
"A warming planet will spread disease, shrink water resources, and deplete crops, creating conditions that produce more famine and more conflict." Climate change is already affecting the lives and livelihoods of millions of poor people in Africa, as a recent Oxfam report detailed. Tackling these impacts is essential to addressing food security and broader development objectives. President Obama must commit to help bring about a comprehensive global climate strategy that will help poor communities cope with failed crops, dwindling reserves of clean water, and displacement caused by extreme weather events. The US and other wealthier countries must curb their greenhouse gas emissions to prevent climate chaos and provide adequate financial assistance to help African countries adapt in greener and more sustainable ways.
"Now, America can also do more to promote trade and investment." The economic welfare of Americans is inextricably linked with the well-being of people across the globe. While our foreign policy seeks to address the problems of poverty, disease and lack of economic opportunity, our trade policy has often exacerbated them, by demanding greater access to export markets in the poor countries, more favorable rules for US investors that can lead to greater poverty and inequality, and limiting access to affordable medicines. President Obama must develop a new trade policy with economic development as a core objective, spreading the benefits of trade as widely as possible, in the developing world as well as in the United States. This must include focusing efforts on the multilateral trading system to achieve a successful conclusion of the Doha Development Round, while working with Congress to pass legislation providing for duty-free and quota-free market access for all Least Developed Countries (LDCs).
]]>Photographer Ed Kashi captured images like this as part of his new book, "Curse of the Black Gold: 50 Years of Oil in the Niger Delta." His photos were on display last week at John Hopkins University as part of a panel discussion of a new report assessing US and international efforts to overcome the "resource curse." The report, which is based on months of research in the field by the Senate Committee on Foreign Relations committee staff, explores the paradox where countries rich is natural resources become poorer once they are extracted.
Oxfam's Ian Gary, Senior Policy Advisor for Extractive Industries, spoke as part of the panel, describing how African countries like Chad have been unable to translate their oil reserves into revenue that reduces poverty by building health clinics, schools, roads, and other infrastructure.
"Despite the promises, little money has trickled down to villagers near the oil field in southern Chad and fighting in February between rebels and the government decimated the capital, forcing tens of thousands to flee, including many civil society activists who had sought to hold the government accountable in the spending of oil wealth," Gary said.
So, what's the solution? Panelist Michael V. Phelan, a professional staff member of the Senate Committee on Foreign Relations, said that he believes it is important for citizens to know their rights and responsibilities and to exercise those to hold their government's accountable. During the course of their research, the Senate staff members found problems in many countries where Oxfam America is working, including Peru, Ghana and Cambodia, and consulted Oxfam field staff and partners in these and other countries.
Oxfam is working to require oil, gas, and mining companies to consult with local communities, and share information with them about their revenues and operations. One vehicle for this is the Extractive Industries Transparency Disclosure Act, legislation that is expected to be introduced in the next session of Congress that requires oil, gas, and mining companies to publicly disclose how much they pay governments to use their natural resources.
Full disclosure is important because companies and governments often keep their revenues a secret, which leads to financial mismanagement and corruption. When local people know more about the oil, gas and mining projects taking place in their backyards, they can claim their fair share for community needs—like education, health care, and jobs.
]]>"Cambodia needs a very good new petroleum law and expertise from Oxfam and World Bank would be very interesting," said Than Sina, chair of the National Assembly's planning and investment commission, at the first national public forum on extractive industries in April.
Oxfam America organized the event in Phnom Penh, which was attended by more than 130 members of the public, media, government, the private sector, and diplomatic missions.
"It would be a big opportunity for the government to draft a good law. We can't do it by ourselves, but with the help of Oxfam and other groups we have a good chance of making it work – other wise, Cambodia will be like Chad," Sina added. In Chad, a much vaunted plan to direct oil revenues towards poverty reduction, backed by the World Bank, has unraveled and the population has seen few concrete benefits from the oil boom there.
Chevron and other companies are currently exploring oil fields in Cambodian territorial waters. It is possible that oil production could begin in 2010, although the probability of finding significant oil reserves is not known. Sina said that oil and gas exploration represents a great opportunity for Cambodia because other natural resources such as timber and fish are quickly depleting.
Oxfam welcomes and supports the government's intention to work with other organizations to make development that supports poor communities part of the agenda. Our work centers around helping civil society and the wider population engage with the government before the new law is created. The current Cambodian Petroleum Act regulations were adopted by the Council of Ministers in 1991.
Oxfam's extensive extractive industries program in South America, Central America, United States, West Africa, and East Asia seeks to ensure that oil, gas and mining projects are designed in ways that respect the rights of the poor, and contribute to the long-term reduction of poverty.
In several countries, Oxfam has supported local groups to influence the development of new petroleum and mining laws. In Bolivia, for example, the new government's hydrocarbons law increased the rights of local communities to be consulted before oil and gas projects moved forward, and gave the National Assembly the ability to approve individual projects.
"The promise of oil wealth for Cambodia presents an opportunity to reduce poverty. But, experiences from other countries show that, on a variety of economic indicators, those that become dependent on oil as their leading export have often performed worse than countries without oil," said Ian Gary, extractive industries policy advisor for Oxfam America.
"While no country is perfect, there are positive elements of particular country experiences that Cambodia could draw upon. Nigeria, for example, has completed three audits under the "Extractive Industries Transparency Initiative," Gary said.
Oxfam also highlighted the experience of the joint government and civil society Petroleum Revenue Oversight and Control Committee in Chad. While the Chad experiment with oil revenue management has largely unravelled, this Committee formed in 2002 and tasked with approving social spending projects using oil revenues, made some strides to provide checks and balances in government spending. "In many countries, local civil society organizations have played a crucial monitoring role to try to ensure that oil, gas and mining revenues are used for beneficial purposes," Gary said.
Cambodian civil society could draw upon the experiences of other national level coalitions involved in the global Publish What You Pay campaign, which is a coalition over 300 NGOs worldwide who calls for the mandatory disclosure of the payments made by oil, gas and mining companies' to all governments for the extraction of natural resources. Publish What You Pay also calls on resource-rich developing country governments to publish full details on revenues.
“Too often, oil, gas, and mining projects don’t benefit people in countries that are rich in natural resources, but whose population is extremely poor. These extractive projects should not add to poverty and powerlessness – natural resources can and should help communities overcome these challenges,” says Raymond C. Offenheiser, President of Oxfam America. “In order for this to happen, however, communities need to know how mining and energy projects will impact their lives and lands and how revenues from these projects will be used.”
Oxfam calls on international oil, gas, and mining companies to show their respect for:
“Empowered with this information, communities are better able to share in the benefits of extractives projects. Revenues can go to real community needs like education, health care, and jobs, and communities can judge if these projects are a benefit or a burden,” said Offenheiser. “More often, contracts and revenues are kept secret leading to an environment that fosters embezzlement and corruption, which has contributed to the failure of extractive projects to help alleviate poverty.”
Oxfam supports legislation to reform revenue transparency rules for companies working in developing countries. Last fall, House Financial Services Committee Chairman Barney Frank (D-MA) convened a hearing on the transparency of company payments to host governments. During the hearing, Rep. Frank opened the door for legislative action that could be a powerful step to remedy the problem. A mandatory approach in the US would be an important complement to voluntary initiatives currently in place in only a few countries.
“Many extractive industries projects promise wealth and new job opportunities,” says Mamadou Biteye, Oxfam America’s Regional Director in West Africa. “Unfortunately, many projects, like gold mining in West Africa, have failed to deliver. These industries create few jobs for locals, and communities rarely see the benefit. Communities need to be empowered with information to have more control over the management of the natural resources necessary to sustain their livelihoods.” In 2005, gold accounted for more than 50 percent of Mali’s total exports of $297 million, but information about mining revenues is inaccessible for the vast majority of citizens. And despite Mali’s gold wealth, it remains one of the poorest and least developed countries in the world.
]]>“As the world’s largest gold mining company, Barrick should be an industry leader and respect the rights of communities to give their free, prior, and informed consent to all mining projects proposed on their lands,” said Keith Slack, senior policy advisor for Oxfam America. “Respecting the right of consent is critical for protecting indigenous peoples’ sacred sites.”
"The United Nations has recognized that the U.S. government and the mining companies are violating Western Shoshone land rights,” said Larson Bill, community organizer for the Western Shoshone Defense Project. “We have repeatedly tried to engage with Barrick regarding their plans to mine on Mount Tenabo, but all they have done is bring in more drilling rigs and put up fences.”
“We are bringing a petition signed by over 18,500 people telling Barrick to stop all activity on Mount Tenabo and Horse Canyon. These are people all over the country who understand that this is Western Shoshone land and the mining companies have no right to destroy it,” said Bill.
Slack continued, "Today's meeting is an opportunity for the WSDP to take their concerns directly to Barrick and its shareholders."
Oxfam America works to ensure the oil, gas, and mining industries respect the rights of community members impacted by extractive industries projects, and that projects contribute to the long-term reduction of poverty. For more information, or for an interview with Keith Slack or Larson Bill, please contact Helen DaSilva at hdasilva@oxfamamerica.org, (617) 728-2409 (office) or (617) 331-2984 (cell).
]]>“It’s time for Newmont to take a serious look at how it conducts its business,” said Keith Slack, senior policy advisor for Oxfam America, an international relief and development organization. “It should call on experts who are completely independent of the company and won’t just say what it wants to hear. It should also seek input from affected communities themselves.”
Earlier this year, the Christian Brothers Investment Services and members of the Interfaith Center on Corporate Responsibility, a corporate accountability organization, filed a shareholder resolution asking Newmont to review how it engages with affected communities and addresses local opposition. In filing the resolution, the shareholders cited a pattern of community resistance to the company’s operations, including protests in Peru and Ghana which led to deaths and injuries. Concurrently, the New York City Comptroller filed a resolution on behalf of the New York City Pension Funds asking Newmont to review the environmental and public health impacts of its Indonesian operations. Both resolutions will be voted on at tomorrow’s shareholder meeting, which the company moved from its headquarters in Denver, Colorado to Wilmington, Delaware.
“Newmont shareholders are right to be concerned about community opposition and environmental risk measures. These issues can influence a company’s reputation, share price, and ability to obtain permits,” said Radhika Sarin, international campaign coordinator for environmental group EARTHWORKS.
“Newmont is not fulfilling its commitments to respect the human rights of communities affected by its projects,” said Father Marco Arana, a Catholic priest and president of GRUFIDES, a local group in Cajamarca, Peru, site of Newmont’s Yanacocha gold mine. Arana and his colleagues have received death threats in recent months and were the targets of a spying operation linked to the private security firm hired by the mine. “The company must investigate and hold accountable any employee responsible for making threats, harassment, spying or any other form of abuse.”
Newmont’s operations in Indonesia have also been sharply criticized over the company’s practice of dumping mining waste into the ocean at the now-closed Minahasa Raya gold mine and its larger Batu Hijau gold and copper mine. A verdict in the criminal case brought by the Indonesian government against Newmont’s Indonesia unit and its head, Richard Ness, over pollution charges is expected this week. Ocean dumping of mine waste is effectively banned in the United States under the Clean Water Act.
“Newmont must stop dumping mining waste into ours oceans,” said Chalid Muhammad, national director of WALHI, Indonesia’s largest environmental group. “It can’t use this destructive practice in its own country, and it should not do so anywhere else either.” Last month, WALHI filed a civil suit against the company over negligence in the dumping of mine waste into the ocean.
Rural livelihoods are at stake in Ghana, where more than 10,000 poor farmers have been displaced to make way for Newmont’s Ahafo gold mine, and another 10,000 will be displaced when the mine expands to the north. The company has also come under fire for trying to develop the Akyem gold mine in Ghana’s Ajenjua Bepo Forest Reserve. Construction of the mine is on hold because Newmont has been unable to secure an environmental permit from the government of Ghana.
“Ghana’s forests have been severely deforested in the last 40 years. The remaining forest reserves are invaluable and must stay off-limits to mining,” said Daniel Owusu-Koranteng, executive director of the Wassa Association of Communities Affected by Mining, in Ghana.
Groups in Romania are urging Newmont to divest its19 percent stake in Gabriel Resources, a small Canadian mining company that wants to develop a gold mine on top of the historic town of Rosia Montana in Romania. Newmont’s investment, which has boosted Gabriel Resources financially, has led local families to question why Newmont wants to be linked to such a highly controversial and risky project.
“We want Newmont shareholders to know that the Rosia Montana gold project is a bad investment. Over 96 percent of Romanians oppose this project so we are confident it will never be developed. Why is Newmont putting its reputation on the line by getting involved?” asked Eugen David, president of Alburnus Maior, a local association of property owners in Rosia Montana opposed to the mine.
Closer to home, in Nevada, Newmont operates several mines on the traditional lands of the Western Shoshone – with neither their consent, nor compensation to the Shoshone for past and present gold extraction. The Western Shoshone have been asking Newmont for a formal policy regarding their concerns, including disputed land, fair compensation, and the right to free, prior, and informed consent for any new mining and expansion projects.
“As long as these disputes continue under the discriminatory 1872 Mining Law, Newmont is party to violations of our human rights, including our cultural and spiritual rights. According to the Supreme Law of the Land, the Treaty of Ruby Valley, these mines are guests of this land, and they should be held accountable,” said Larson Bill of the Western Shoshone Defense Project in Nevada, citing the treaty between the US government and the Western Shoshone recognizing the Shoshone as the landowners.
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