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Article

12 Oct 2012

Author:
Bank Information Center

Complaint Filed Against Destructive Oyu Tolgoi Mine Being Considered for World Bank Support [Mongolia]

[A] group of Mongolian herder households filed a complaint demanding just compensation for the impacts of Rio Tinto’s Oyu Tolgoi copper and gold mine…located in the South Gobi desert. Despite the OT Project’s numerous problems, the World Bank’s International Finance Corporation (“IFC”) and Multilateral Insurance Guarantee Agency (“MIGA”) are considering a financing package of US$900 million in loans…The herders’ representative Sukhgerel Dugersuren… personally delivered the herders’ complaint to…the IFC and MIGA’s accountability mechanism, the Compliance Advisor/Ombudsman (“CAO”)…The herders…are concerned that the compensation being offered does not take into account the fact that safe and undisturbed access to sufficient water and high quality pasture is essential to maintaining their herding businesses, as well as their traditional culture and way of life….“After many unsuccessful attempts to negotiate directly with Rio Tinto to secure just compensation for all livelihood and cultural losses, the herders have turned to the CAO for assistance,” explains Sarah Singh of Accountability Counsel.