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Blackfire adding threats to injury in Mexico: Canadian mining firm looks to pocket $800 million via NAFTA Ch. 11

A coalition of Canadian organizations is condemning the threatened use of NAFTA by Blackfire Exploration to extract 800 million dollars from the impoverished Mexican state of Chiapas. The Calgary-based mining company is embroiled in accusations of corruption of Mexican public officials and the murder of a prominent environmental activist in the Mexican State of Chiapas. Now, according to a recent report in the Mexican press, Blackfire is also threatening to sue the government of Chiapas for $800 million in compensation under NAFTA (North American Free Trade Agreement) Chapter 11 for the closure of its barite mine in December 2009.

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