Tell the Canadian Pension Plan to vote for shareholder resolution

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.

From http://www.nisgua.org:

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.

Read full article here.

0 Responses to “Tell the Canadian Pension Plan to vote for shareholder resolution”



  1. Leave a Comment

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s





%d bloggers like this: