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Pension fund stake spurs controversy [Norway]
Norway's much-vaunted pension fund, which has a stated policy of ethical investments, owns stock in a Canadian mining company accused of polluting an island in the Philippines and causing severe health problems among its residents...The ethical guidelines for Norway's pension fund raise serious questions about its investment in Barrick [Gold], yet the fund has boosted its stake over the past several years. [also refers to Placer Dome (part of Barrick Gold)]