London bullion market drops bid to block U.K. trial over allegations against Barrick mine

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 53 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 62%
  • Publisher: 92%

Pleasemod News

Barrick,Lbma,Police

Move sets the stage for a British trial into allegations that the association is wrongly giving human-rights clearance to gold products from Barrick’s North Mara mine

The British law firm Leigh Day, representing the Tanzanian claimants, says the Barrick Gold mine at North Mara is one of the deadliest in Africa.London’s bullion market association is abandoning a jurisdictional challenge to a lawsuit by Tanzanian claimants, setting the stage for a British trial into allegations that the association is wrongly giving human-rights clearance to gold products from Barrick Gold Corp.’s controversial North Mara mine.

The LBMA’s accreditation system is aimed at raising human-rights standards in the gold supply chain by requiring refiners to comply with responsible sourcing guidelines and by obtaining independent third-party verification of their compliance, Ms. Ernst said.mine at North Mara is one of the deadliest in Africa. At least 77 deaths and 304 injuries by police and security guards were reported between 2006 and 2023, and further deaths were reported this year, it said.

“Our clients are pleased that they will get their day in court to seek justice for the deaths of their relatives,” Alex Wessely, one of the lawyers leading the case, said in a statement on Monday. Anneke Van Woudenberg, executive director of a British-based corporate watchdog, Rights and Accountability in Development , said the LBMA’s decision to drop the jurisdiction challenge is “a significant first win for bereaved Tanzanian families.” She said the LBMA has failed to act effectively on repeated complaints about human-rights violations at North Mara.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in UK
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

United Kingdom United Kingdom Latest News, United Kingdom United Kingdom Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Netflix’s New Real Estate Show Airs Amid Luxury Market SlowdownBuying London star Daniel Daggers discusses the appeal of looking at London’s most expensive homes.
Source: BNNBloomberg - 🏆 83. / 50 Read more »

NYSE glitch sparks volatility in Berkshire, Barrick and dozens of other stocksTechnical issue caused at least 60 equities to be halted
Source: globeandmail - 🏆 5. / 92 Read more »