Shareholders of Goldcorp have asked the mining company to voluntarily suspend its operations at the Marlin mine because of rising controversy surrounding the mines treatment of local indigenous peoples.
The Canadian Pension Plan Investment Board currently has $256 million worth of shares in Goldcorp, the company that operates the highly-contested Marlin mine in Guatemala’s western highlands. In May 2010, the Inter-American Commission on Human Rights (IACHR) issued precautionary measures urging that the mine be suspended in order to ensure the health and safety of affected communities, and as a result of the severity of alleged underlying human rights violations regarding the lack of consultation and consent from local indigenous peoples. Almost a year later, the Marlin mine continues operating; intimidation and threats persist against those who are critical or outspoken against the mine.
Shareholders have presented a resolution to Goldcorp asking the company to voluntarily suspend operations at its Marlin mine in compliance with the precautionary measures. The proposal comes in the wake of violent confrontations at the mine site and highlights the increasing national and international press focus on this issue.
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