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Economy & Business - June-July 2012 (ISSN 1741-7430)
EL SALVADOR: Gold mining dispute ensnares Funes
The stage is set for a legal tussle between the government of President Mauricio Funes and the Canadian gold mining company Pacific Rim. Funes made a campaign promise in 2009 that he would not permit mining in El Salvador because the potential health and environmental risks outweighed the benefits for a small country. Pacific Rim is seeking multi-million-dollar compensation.
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