World Gold Council, the information resource for gold, investment, jewellery, science and technology, historical and culture

www.gold.org

Gold

Pressure grows but Newmont is confident > Gold News > World Gold Council, the information resource for gold, investment, jewellery, science and technology, historical and culture

 

Pressure grows but Newmont is confident

Monday, 23rd April 2007 (1157 views)

Gold mining giant Newmont has been urged to address human rights and environmental concerns regarding its gold mining operations in Indonesia, Ghana, Peru, the US and Romania, according to reports.

The company has been urged by Oxfam America to take "a serious look at how it conducts its business", with more advice and discussion from local residents and experts needed.

Keith Slack, senior policy advisor for Oxfam America, an international relief and development organization, said: "It [Newmont] should call on experts who are completely independent of the company […] It should also seek input from affected communities themselves."

Meanwhile an Indonesian court is expected to rule this week on allegations that the company's waste has been making Indonesian villagers sick – a claim which Newmont stringently denies.

Richard Ness, the company's chief executive, is personally up for trial along with the company but says he is not guilty.

"I'm not clairvoyant," Mr Ness told Business Week. "But I'm positive there has never been any pollution and I think most people are starting to realize that."

 

« Back to the stories

 

The news feeds on this site are independently provided by Adfero Limited © and do not represent the views or opinions of the World Gold Council.

News Archive:

 
 
  • Gold Spot Price
  • Bid:[Retrieving Data]
  • Ask:[Retrieving Data]
  • Last Update:[Retrieving Data]
© 2008 World Gold Council - all rights reserved. Produced and managed by CFP Group.