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El Salvador: Pacific Rim threatens govt. with free trade lawsuit over mining project condemned by experts

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Article
22 December 2008

Canadian Company Threatens El Salvador with Free Trade Lawsuit Over Mining Project

Author: Cyril Mychalejko, UpsideDownWorld

A Canadian mining company intends to sue El Salvador's government for several hundred million dollars if it is not granted permission to open a widely unpopular gold and silver mine that scientists warn would have devastating effects on local water supplies. Pacific Rim Mining Corp., using its Nevada-based subsidiary Pac Rim Cayman LLC, filed a Notice of Intent on Dec. 9 through provisions in the Central American Free Trade Agreement (CAFTA)..."We reject Pacific Rim's claims. Giving over [exploitation] permission would be a death sentence from the country and the arbitration can't be accepted..." the National Table Against Metallic Mining, and umbrella group of social movements and NGO's, [said]. The company and government have 90 days to settle the dispute before the case goes before an arbitration tribunal...Pacific Mining CEO Tom Shrake dismisses concerns of long-term environmental damage as "preposterous."...[also refers to Metalclad Co. (part of Entrx)]

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17 December 2008

Pacific Rim Vrs. El Salvador

Author: Carlos Girón S., Diario Co Latino [El Salvador]

Una vez más, la Iglesia Católica salvadoreña ha reiterado su firme y frontal rechazo a la explotación minera que con pertinaz terquedad quiere llevar a cabo en nuestro país la Pacific Rim....el Arzobispo Metropolitano, Monseñor Fernando Sáenz Lacalle...[dijo:]...“No es justo arriesgar la salud de un pueblo y dañar el medio ambiente para que unos pocos que no viven aquí se lleven el 97% de las jugosas ganancias, pero nos dejen el 100% del cianuro”...Geólogos de la Universidad de El Salvador han revelado que para procesar el oro y la plata se gastarían un poquito menos del ¡millón de galones de agua por día!...la Pacific Rim pretende entablar una demanda contra del Estado salvadoreño para que le compense con 70 millones de dólares, por no aprobarle 29 permisos...

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