If communities in West Papua, Indonesia had anything to say about it Freeport-McMoRan would certainly be named the worst corporation in the world. Now you can help get Freeport-McMoRan listed as 2012’s worst corporation in the world.
Every year the Public Eye Award is given to the world worst corporation on earth. Previous winners include; Chevron, for their oil disaster in Ecuador; Newmont for their irresponsible mining and pollution in Ghana and Peru; AngloGold Ashanti, for it’s contamination of land and poisoning of people with its gold mining in Ghana. This year Freeport-McMoRan joins this shameful company as a finalist for the “award”.
In 2004, the Newmont Minahasa Raya (NMR) gold mine began closing down its operations in North Sulawesi, leaving local communities in Buyat Bay and Ratatatok with a destructive legacy: long-lasting environmental damage, economic decline, and a host of health problems. Affected communities have appealed to NMR, a subsidiary of Denver-based Newmont Mining Corporation (94 percent ownership of NMR), and the Indonesian government to address their concerns.
One might think that while reviewing some of its environmental and social safeguard policies, the World Bank might hesitate to approve support for controversial mining projects that civil society groups express tremendous concern about. Well, guess again. Just yesterday, the Bank approved a guarantee for a new destructive mining project in Indonesia.