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Article

10 Nov 2006

Author:
Ethical Funds Company

[PDF] Revenue-Sharing and Fiscal Management

In recent years, several companies have seen projects slowed or forced to a halt because of community opposition. Examples include Manhattan Minerals at Tambogrande, Peru, Gabriel Resources at Rosa Montana in Romania, Inco in New Caledonia, Meridian Gold at Esquel, Argentina, Ivanhoe Mines at Oyu Tolgoi in Mongolia, and Asia Pacific Resources in Thailand, to name but a few...the Diavik Diamond Mine in Canada’s Northwest Territories is frequently cited for its best practices in successful community engagement...In another Canadian example, Falconbridge also signed a formal commitment to ensure the fair distribution of the economic benefits arising from its Raglan mine.