While Canadian Companies Exploit African Resources …

… Canadian “charities” (NGOs) call on Canadians to “walk for hope” in Africa

What is wrong here? While Canadian companies exploit African resources for their own benefit this country’s charities call on us to join Africa “hope” walks.

Last week Toronto-based Lundin Mining hired the Bank of Montreal to help it decide what to do with its stake in the massive Tenke Fungurume copper-cobalt mine in Eastern Congo (Kinshasa). Unfortunately, it is not uncommon for Toronto firms to make economic decisions that affect hundreds of thousands of Africans and for Canadian companies to exchange African mineral assets among themselves.

A number of companies based and traded here have even taken African names. African Queen Mines, Tanzanian Royalty Exploration, Lake Victoria Mining Company, African Aura Resources, Katanga Mining, Société d’Exploitation Minière d’Afrique de l’Ouest (SEMAFO), Uganda Gold Mining, East Africa Metals, Timbuktu Gold, Sahelian Goldfields, African Gold Group and International African Mining Gold (IAMGOLD) are all Canadian. With a mere 0.5 percent of the world’s population, Canada is home to half of all internationally listed mining companies operating in Africa.

Active in 43 different African countries, Canadian mining firms have been responsible for dispossessing farmers, displacing communities, employing forced labour, devastating ecosystems and spurring human rights violations. And, as I detail in Canada in Africa: 300 Years of Aid…

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