Bu-lat-lat (boo-lat-lat) verb: to search, probe, investigate, inquire; to unearth facts

Vol. VI, No. 25      July 30 - August 5, 2006      Quezon City, Philippines

HOME

ARCHIVE

CONTACT

RESOURCES

ABOUT BULATLAT

 

Google


Web Bulatlat

READER FEEDBACK

(We encourage readers to dialogue with us. Email us your letters complaints, corrections, clarifications, etc.)
 

Join Bulatlat's mailing list

 

DEMOCRATIC SPACE

(Email us your letters statements, press releases,  manifestos, etc.)

 

 

For turning the screws on hot issues, Bulatlat has been awarded the Golden Tornillo Award.

Iskandalo Cafe

 

Copyright 2004 Bulatlat
bulatlat@gmail.com

 

   

LGU Pursues Case vs. Marcopper’s New Owners

The battle of the people of Marinduque to seek compensation for the damage created by Marcopper Mining Corporation, which was then owned by Placer Dome Inc., took a new turn as another corporation, Barrick Gold Corporation, took over.

BY DENNIS ESPADA
Bulatlat

The battle of the people of Marinduque to seek compensation for the damage created by Marcopper Mining Corporation, which was then owned by Placer Dome Inc., took a new turn as another corporation, Barrick Gold Corporation, took over.

With Malacañang turning its back on demands for environmental protection, the provincial government of Marinduque decided to file charges against Canadian firm Placer Dome, Inc. (PDI) before a court in Nevada on October 4, 2005. The case is being heard by Judge Brian Sandoval of the Nevada District Court since October 27, 2005. On the same month, the 10th provincial council declared a 50-year moratorium on large-scale mining to give reprieve to the province’s remaining natural bounty and in order to strengthen the case.

The provincial government said that PDI ran Marcopper’s mining operations since 1968 until it divested its interests from the mines in 1997 following the infamous Boac River disaster on March 24, 1996.  

Ceasing to exist 

Based on information obtained by the non-government organization Marinduque Council for Environmental Concerns (Macec) from official records of the case furnished by the law firm representing the province, on July 19, Judge Brian Sandoval of the U.S. District Court granted the motion of the province to include Barrick Gold Corporation as a defendant in the civil case originally filed against PDI. 

It was learned that beginning this year, Barrick has acquired 81 percent of PDI’s shares and replaced nine of the twelve members of PDI’s Board of Directors, including the president and chief executive officer; thus, effectively taking full control of all PDI’s Nevada subsidiaries and mines. 

In a press release posted on its website, it stated that as of March 15, Barrick completed its acquisition of PDI, securing its position as the world's leading gold company. As a result, it “now operates in 27 mines around the world and it has an unrivalled pipeline of projects.”  

“Placer Dome has apparently ceased to exist, or ceased to exist in any meaningful sense,” James McCarthy, lead counsel for the province of Marinduque, said. “It is no longer incorporated in British Colombia, no longer has any assets or properties in Canada or elsewhere, no longer has any ongoing operations, and has been fully subsumed by (and amalgamated into) Barrick. What Placer Dome once had (both assets and liabilities) has either been transferred to Barrick or been sold by Barrick.” 

McCarthy also said that Barrick is liable and responsible for any judgment that the province might obtain against PDI in the case. “Considerations of equity and efficiency, as well as a need for realism, therefore demand that Barrick be joined as a named Defendant in this litigation, if only to insure that no additional proceedings to collect against Barrick are required.” 

“Because Barrick has long been aware of this lawsuit, and has long been involved in this lawsuit, it is not prejudiced by its addition as a party. That lack of prejudice is especially obvious in the circumstances of this lawsuit, where – despite its eight month tenure in the courts – no Defendant has filed an answer or given any discovery, even the jurisdictional discovery that Placer Dome now concedes to be proper, and no Defendant has done anything whatsoever to address the merits of this lawsuit,” the lead counsel explained. 

Reservations 

Macec’s executive secretary Miguel Magalang says he’s hopeful that the case will achieve a significant victory for the people. “Otherwise, we can only expect a ceremonial victory against Placer Dome because it has no more assets to use in case the court decides in our favor.” 

Though Macec supports the case in Nevada, which they regard as a crucial venue in the struggle for environmental justice, Magalang admits to having some reservations because of the non-inclusion of the directly-affected individuals as plaintiffs in the case. If the court decides to grant compensatory awards, he said their group will ensure that the poor victims from mining-affected communities shall be given priority. 

Meantime, Macec is set to present a declaration of support to the Nevada case signed by about 9,000 people and a resolution of endorsement from various barangay (village) councils in the province. Bulatlat

 

BACK TO TOP ■  PRINTER-FRIENDLY VERSION  ■   COMMENT

© 2006 Bulatlat  Alipato Media Center

Permission is granted to reprint or redistribute this article, provided its author/s and Bulatlat are properly credited and notified.