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Article

10 Oct 2007

Author:
Agence France Presse

Gold-mining giants leave Africa to clear up mess: report

Open-cast gold-mining operations in Africa by multinationals have created an ecological and health time-bomb and failed to help local people out of poverty, campaigners said at [the launch of the book] "Black Gold"...by Swiss journalist Gilles Labarthe...published in collaboration with Oxfam France-Agir and the association Survie (Survival)...Labarthe...identified the three main companies as AngloGold of South Africa; Barrick Gold of Canada; and US company Newmont Mining. All three were financed by major banks such as UBS of Switzerland and France's Societe Generale.