CC Image of Fredericton by Nat at http://flickr.com/photos/momofone98/47697311/

Site menu:

Site search

Categories

Links:

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.

Write a comment