Sagittarius Mines Inc. (SMI), a subsidiary of the Zug-based giant - TopicsExpress



          

Sagittarius Mines Inc. (SMI), a subsidiary of the Zug-based giant Xstrata group, that has merged with Glencore, plans to exploit the biggest copper and gold mine in Asia in Tampakan, Philippines. "About 5,000 indigenous people would be relocated and their traditional land destroyed. The mine would also threaten the water supply of tens of thousands of people," says Father Joy Pelino, the director of the Social Action Center of Marbel diocese, who opposes the project. The area is politically unstable and violence is increasing: already, eight people have been killed in the context of the project. The powder keg is about to explode.
Posted on: Thu, 20 Jun 2013 22:36:31 +0000

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