Bulgarian gold in offshore paradise linked to European public lender
November 21, 2017
The profits of the richest Bulgarian gold mine are “optimised” through several Caribbean offshore companies and a Dutch cooperative. The European Bank for Reconstruction and Development is one of the shareholders.
Namibian smelter expansion risks deepening environmental and health problems
July 17, 2017
As it nears two years of a Bankwatch visit to the copper smelter in Namibia and the uncovering of an unsafe arsenic disposal site, a planned expansion has revealed so far undisclosed environmental information.
Dirty Precious Metals: Dumping European Toxic Waste in Tsumeb, Namibia
August 10, 2016
Based on a visit to Namibia this report assesses the environmental and social standards at the Tsumeb smelter, acquired by Canadian Dundee Precious Metals in 2010. The smelter specialises in working with some of the dirtiest copper concentrates half of
Health reports confirmed widespread over-exposure to toxic arsenic at Tsumeb smelter in Namibia
December 22, 2015
Following Bankwatch’s revelations about toxic pollutants at the Tsumeb smelter in Namibia, the smelter’s owner, Canadian mining company Dundee Precious Metals (DPM), contested our findings in Namibian news reports. Without substantiating its claims with facts, however, and in light of the results of local health surveys the company’s reassurances ring hollow and meaningless.
Exporting toxic pollution from Europe to Namibia
November 19, 2015
The case of the Tsumeb smelter in Namibia demonstrates how European pollution is exported to the Global South with indirect help of public development money.