Category Archives: Uncategorized

North Mara settlement a positive step, but justice has not yet been achieved

In March 2013 proceedings were brought in the High Court of England and Wales by the leading law firm Leigh Day against African Barrick Gold (ABG; now Acacia Mining) and its 100% owned subsidiary, North Mara Gold Mine (NMGML) on behalf of a group of Tanzanian villagers. The claim was that ABG and its subsidiary were liable, through complicity, for killing and injuring of locals at the North Mara mine by police guarding the mine. The companies denied the allegations.

NGOs call on Glencore to Correct Misleading Assertions

RAID, Bread for All and Fastenopfer have released an update to their report PR or Progress? Glencore’s Corporate Responsibility in the Democratic Republic of the Congo, published in English in June 2014. On the eve of publication, Glencore attempted to delay the report’s release, claiming that it contained ‘significant factual errors’ and ‘detailed information and key findings’ which had not previously been put to the company – a breach, according to Glencore, of the Memorandum of Understanding agreed at the outset of the research.

Open letter to pension funds about Och-Ziff investments

RAID wrote to several US public pension funds and the Transport for London pension fund over a year ago asking them about their investments with hedge fund Och-Ziff. A UK mining company had done a deal with the Zimbabwean regime to buy platinum assets using money from Och-Ziff, thereby financing President Mugabe’s violent campaign to subvert 2008 elections.

Complaint of serious human rights abuses in Australian processing centre lodged against UK company G4S

The UK security contractor G4S has been accused of failing to meet international standards and committing serious human rights violations in relation to the treatment of asylum seekers detained at an off-shore processing centre in Papua New Guinea, operated on behalf of the Australian Government.

Huge CalPERS pension fund to exit Och-Ziff and other hedge funds

RAID wrote to CalPERS back in July 2013, again in November 2013 and most recently in September 2014, asking the fund about its investments with hedge fund Och-Ziff, in the light of serious questions concerning the use of Och-Ziff money to back a mining deal in Zimbabwe that ultimately funded Mugabe’s violent subversion of 2008 elections (more details here).