Is Canada's Gold Corp. Good for Guatemala?

Lyuba Zarsky: 85% of gold revenues leave the country, where majority live in poverty

Category:

News & Politics

Tags:

• Gold
• Corporation
• Canada
• Toronto
• Guatemala
• Gold Corp

[sirellyn]

This is an example where people have zero representation in their own country.

Normally if a company wanted a resource like that they would have to make a continuing deal with the local people there (not the far removed government). If the people there were happy and continued to be, the company could stay, if they were not, they would have the ability (backed up by the gov) to kick them out.

Even if there was pollution downstream others would be able to sue.

This is corrupt government.

[cityguyusa]

Same old capitalist story.

[sirellyn]

@mikecorbeil Although I wouldn't argue that any Canadian, even abroad should face prosecution for accused crimes abroad, the Charter of Rights and freedoms is being ignored on a far more important level currently.

I would be more concerned with incidents like protests at the G20 and the C10 bill. As bad as any corp may be, if you can't even protest it, nothing is going to change.

[mikecorbeil]

@ExquisiteDoom 15% of total revenues from the Marlin Mine might be a lot of money in our minds, but given the huge amount of money Gold Corp. makes from this mine, 15% is surely far too little.

[mikecorbeil]

And the UN also a critical or crucial responsibility that it's NEGLECTING, or blatantly, tho silently, refusing to apply; just as the Cdn govt is doing. There's the critically important international or UN Human Rights Charter that's hardly ever applied or respected by the UN, due to the UNSC always ending up countering UNGA votes.

[mikecorbeil]

@sirellyn wrote : "Normally if a company wanted a resource like that they would have to make a continuing deal with the local people there (not the far removed government)."

I think GC would need to deal fairly with both the local population as well as the govt of the country, and that would especially be true if that govt is to back up the locals. Since all working Guatemalans earning enough income to pay inc. taxes, all of these Guatemalans need to be fairly dealt with as well.

[ExquisiteDoom]

@fallenempireoverdrve if they're competent enough to do so, what good are they if they (resources) sit idle because some governement says no? Protect the country , but screw the rest of the world? I think it's a little more complicated than that.