Petition to stop Oceana Gold mining company suing El Salvador
Canadian-Australian mining company OceanaGold is suing the El Salvador government for $US 301 million before a World Bank tribunal. because it refused a permit for a gold mine that would contaminate 60 per cent of the population's drinking water. The original case used foreign investor rights to sue governments (ISDS) in a trade agreement.
Despite demonstrations and bad publicity, OceanaGold has repeatedly refused to listen to public pressure and drop its lawsuit. OceanaGold only listens to money -- which is where its second biggest investor, AMP, comes in.
If we pressure its investors, OceanaGold will be forced to listen. AMP, which clams to be an ethical investor, must demand that OceanaGold drop its law suit against El Salvador for protecting its drinking water from pollution