4/05/2010

Stay away from the Toka Tindung gold mine on Sulawesi!

Open Appeal to ANZ, Standard Bank and BNP Paribas:
Stay away from the Toka Tindung gold mine on Sulawesi!

We, the undersigned organisations, herewith express our deepest concern about the apparent interest of BNP Paribas, ANZ and Standard Bank to financially support the development of the gold mining operation Toka Tindung on the island of Sulawesi, Indonesia. The mine is owned by subsidiaries of Archipelago Resources; PT Meares Soputan Mining (MSM) and PT Tambang Tondano Nusajaya (TTN). Given the history of this project we are appalled that banks of such international standing seriously consider entering this project.

The project is vigorously opposed by the people of North Sulawesi, who feel that their livelihoods and living environment are being threatened by the mine. We call upon BNP Paribas, ANZ and Standard Bank to terminate their due diligence processes, to refuse any financial support either to the project or to the project sponsors, and to withdraw completely from this project.

3/30/2010

Palm Oil: 10 Million Indonesian’s Prepare to Strike Back

(what is this, actually? Sinar Mas and its friends threaten Nestlé with a cosumer boycott of 10 mio people. It may be taken for granted that all - I mean ALL - Indonesians are consumers of at least some Nestlé's products. 10 mio people means that Sinar Mas and friends believe they may have a say on the consumption patterns of maximum about 4 % (four percent) of Indonesian consumers (probably for a couple of weeks...). It's a threat. But not a very convincing one.)
Palm Oil – The Green Development Oil Newsletter, Issue 6, March 2010

10 Million Indonesian’s Prepare to Strike Back

Indonesian palm oil producers have hit back against the Nestlé ban on Sinar Mas palm oil, stating a willingness to boycott Nestlé products following the company’s capitulation to Greenpeace’s intimidation tactics.