People gathered outside the World Bank office in Sydney on September 5 to protest the bank’s involvement in an Australian mining company’s attempt to sue the government of El Salvador for US$301 million.
Pacific Rim, a Canadian company that was bought by Australian OceanaGold last year, applied to mine gold in northern El Salvador in 2004. The Salvadoran government refused it permission, arguing the company did not own or have rights to the land it proposed to mine, it did not have environmental permissions and it did not submit a final feasibility study for the project.