TSX & Amex Miner New Gold Inc. Responds To Environmental Claims and Disputes in Mexico
An interesting and ongoing dispute to watch involves a Canadian mining company New Gold Inc., who operate the Cerro San Pedro mine in San Luis Potosi state in central Mexico, who have been trying to counter negative NGO environmental claims from NGO's like FAO in Mexico and MiningWatch Canada and the PROFEPA order to suspend mining activity from The Federal Court of Fiscal and Administrative Justice's ruling to SEMARNAT to nullify the Environmental Impact Statement EIS of New Gold's subsidiary Minera San Xavier MSX.
Here is a YouTube video of a statement from New Gold's CEO on the environmental record and practices and community social programs at New Gold's Cerro San Pedro mining operation in San Luis Potosi state Mexico that are audited by an internationally recognized auditor New Gold CEO statement counters NGO FAO environmental claims by MiningWatch Canada, SEMARNAT ruling to PROFEPA to order a suspension of mining activity at Cerro San Pedro mine in Mexico. The negative environmental claims have been brought to the public by FAO in Mexico and MiningWatch in Canada.
BNN, the leading televison channel for Canadian investors, had the Chair of New Gold on to discuss the Mexican Federal Court ruling to nullify its Environmental Impact Statement(EIS), and Mr. Oliphant speaks about the NGO tactics and that the Cerro San Pedro mine is ISO 14,001 certified and has been the safest mine in Mexico over the past 2 years and all the permits are in place and is confident mining operations will be resume shortly. Have a look at the video Randall Oliphant, Chair of New Gold who trades on the TSX and AMEX, discusses negative environmental claims by NGO's FAO, MiningWatch Canada, SEMARNAT ruling to PROFEPA to pull the EIS at Cerro San Pedro mine in Mexico.
New Gold has set up an interesting assortment of facts and arguments to help clear the air against the negative press it is receiving surrounding its Cerro San Pedro mine in Mexico, where NGO MiningWatch Canada & FAO exposed environmental issues, SEMARNAT nullified the Environmental Impact Statement EIS of Minera San Xavier (MSX), New Gold's operating company. This fact sheet has lots of information pointing out that New Gold is a very positive influence in Cerro San Pedro and San Luis Potosi state employing 500 locals, contributing socially to the community and the mine has very strict environemntal standars in place. Have a look at the link.
An interesting document last updated Dec. 3, 2009 with Cerro San Pedro mining, community information on environmental standards, local Mexican indigenous support countering NGO MiningWatch Canada & FAO claims to get MSX EIS suspended.
There are numerous articles in the Mexican press about why Cerro San Pedro should be open and how much Minera San Xavier MSX has contributed economically and socially to the region and how New Gold has been a good corporate citizen and its environmental record is not an issue. Here is a link to several
Mexican news economica de MSX cerrada normas ambientales FAO parar empleos cerro san pedro minera san xavier and more news articles have been translated from spanish to engilish at that page linked here.
On Dec 14, 2009 New Gold Inc. issued a news release stating Cerro San Pedro News, Mexico Court Order Ruling on Mining Operations Suspension NGD MSX Appeal Trial Continues TSX AMEX Miner New Gold Granted Injunction To Lift Suspension of Operations at Cerro San Pedro