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Canadian mining firm tried to stop vote in Guatemala

Friday, August 12, 2016


A Toronto legal aid group is calling on the American securities regulator to investigate a Canadian mining company for failing to disclose a secret lawsuit aimed at preventing a referendum on its silver mine.

Even though the 2011 suit was rejected by the Constitutional Court of Guatemala — permitting a vote that overwhelmingly rejected the mine — local human rights groups say the mine’s parent company, Vancouver-based Tahoe Resources, failed in its legal obligation to disclose the lawsuit to investors.

Source: Toronto Star