The Norwegian sovereign fund has sold actions Rio Tinto
One of the largest shareholders Rio Tinto, the Norwegian sovereign fund, has sold the share in the company, almost for $1 billion from - for fears for gold mine Grasberg.
Fund in the size $375 billion has declared that has sold actions belonging to it as could not persuade Rio to improve operations on a mine in Western Papua.
In the official statement the Minister of Finance of Norway has accused the company of drawing of a serious damage to environment.
Mine Grasberg is the world`s largest gold mine and the third largest copper mine, but constantly is under fire of criticism from legal experts and ecologists. The operator
Grasberg is company Freeport McMoRan from Nju - the Anatto tree, and Rio 40 % of actions of a mine belong.
Legal experts confirm, security guards Freeport and the Indonesian soldiers regularly force, torture, kill and subject to extrajudicial arrests of the people living near to a mine. Ecologists, in turn, say that Grasberg daily dumps 230 thousand tons the river Adzhikva. A waste contains traces of potassium cyanide which is used at gold mining, and toxic level of such metals as lead, copper and zinc.
the Press - secretary Rio Tinto has declared: “ We closely co-operate with Freeport and are satisfied by work of this company on mine Grasberg. The system of recycling of a waste is effective, and about an ecological damage speech does not go “.
However the Minister of Finance of Norway Kristin Halvorsen does not divide this point of view. In its statement it is told: “ There are no signs of that company methods in the future will change. The fund cannot hold the action of such company “ informs information a portal norge. ru referring to Times and k2kapital. com.