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Mining for Profits

| FTAs & ISDS
Mining for Profits Sarah Anderson, IPS Global Economy Project Director Posted: Huffington Post-12/16/11 02:46 PM ET The small country of El Salvador has dared to stand up against powerful international gold mining companies. And now they’re dealing with the blowback. One of the companies sali...

The Modern Gold Rush

The Modern Gold Rush By J. Alejandro Artiga-Purcell, November 18, 2011 In Foreign Policy in Focus In September of this year, the price of gold reached a record high, breaking $1,900 per ounce for the first time in history. This unprecedented spike in gold prices has come in the midst of the U....

The Perils of Free Trade in the Americas

| FTAs & ISDS
Pacific Rim v. El Salvador and the Perils of Free Trade in the Americas Council on Hemispheric Affairs Research Associate Krista Scheffey  July 30, 2010.  In 2005, then-Senator Barack Obama published an opinion piece in the Chicago Tribune entitled “Why I oppose CAFTA.” In his article, releas...

Pac Rim LLC vs. Government of ES Arbitration Details

| Pacific Rim/OceanaGold
Pac Rim LLC vs. Government of El Salvador Arbitration Details (ICSID Case No. ARB/09/12) The mining company Pac Rim LLC is claiming investor rights violations by the Government of El Salvador and demanding a minimum of $77 million in compensation in a case brought in front of the International C...

Pac Rim ICSID Protest

| Pacific Rim/OceanaGold
Protesters Demand that Pac Rim Case be Dismissed December, 2011 On Thursday December 15, 2011 over one hundred people gathered in solidarity with the Salvadoran people in front of the World Bank headquarters in Washington D.C. to denounce the actions of Canadian mining company Pacific Rim.  The...

The Environmental and Social Costs of Pacific Rim in El Salvador

| Mining and Human Rights
The Environmental and Social Costs of Pacific Rim in El Salvador As Pacific Rim continues with its law suit demanding millions of dollars from the Salvadoran Government, the economic costs resulting from the arbitration become more and more evident.   Both disputing parties are paying millions o...