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Glencore under fire from activists in Colombia

Thursday, May 14, 2015

Glencore, one of the world’s largest commodity and mining companies, is battling activists who allege its Colombian coal mines have whisked profits out of the country, while causing environmental and labor issues.

“We are proud of our long presence in Colombia, the contribution we have been able to make to its people and economy, our commitment to be a force for positive change,” the Switzerland-based firm says in a 17-page response to a report being published by nongovernment organizations in Colombia and Switzerland.

Source: Wall Street Journal