Canadian-owned Barrick Gold, the world's largest gold producer, is exploring, building and operating huge, open-pit gold mines on nearly every continent on the planet.
On average, gold mining today produces 70 tons of waste for every ounce of gold, while also consuming and polluting massive amounts of water. An estimated 50 percent of these mining operations occur on native lands.
For many Indigenous peoples, who often rely on their environment for food and necessities, mining threatens not only their livelihood, but also their spirituality and traditional way of life.
These new "modern mining" projects leave thousand-year legacies of acid mine drainage, destruction of ecosystems, disease, and regional climate change. Riches in the form of gold, silver and copper are exported to first world shareholders, leaving behind poverty, dependency and pollution.
A new CorpWatch report details the operations of Barrick gold in nine different countries, focusing on the efforts on the part of the communities to seek justice from this powerful multinational.
In the report, you will discover:
Other Research on Barrick
Mining Watch Case Study: Porgera Joint Venture (Papua New Guinea)
Testimony of Water Shares Agreement and Barrick's "94% approval rating"
CorpWatch welcomes Barrick's criticism and has amended the report for clarity and fairness. CorpWatch will also repost all of Barrick's responses to our website.
Other reports from Barrick's website:
Download Barrick's 2006 Annual Shareholders Report
Contact: Sakura Saunders, email@example.com
Also on May 2nd, as part of an "International Day of Action" against Barrick, protests will take place in six different countries as well as in Toronto, Canada, where Barrick is based. On the same day, Canada's second largest gold mining company, GoldCorp, will be protested at their annual meeting in Vancouver. For more information about these actions, go to protestbarrick.net.
This report was made possible in part by a generous grant from the Hurd Foundation
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