So, we are supposed to believe the folks at Rosemont Copper will be responsible in running their proposed mine in the Santa Ritas and that they will remediate the place when they have taken the copper out.
I’ve never been sure how we are supposed to judge these claims. Other than a few local hired guns, they are a foreign owned company with no presence in the area. It makes it hard to take them at their word that they will feel any responsibility for the environmental consequences.
Their lack of any firm track record in this sort of mining and the subsequent remediation calls into question whether they even have the expertise to carry out their promises.
Now, the Arizona Corporation Commission says it’s no big deal. Great. So, if you are a big international corporation, lies of omission aren’t a problem. I wonder if a taxpayer can get away with that one.
Press release from Save the Senic Santa Ritas after the jump.
ACC: Foreign Corporate Failures Can Be Concealed
(Tucson, Ariz) – Although the Rosemont Copper Company has admitted that two of its key officials repeatedly concealed a corporate bankruptcy from Arizona regulators, the Arizona Corporation Commission (ACC) said today that that’s just fine with them. Both Donald Clark and Richard Warke were principals in a significant Canadian company that went bankrupt in 1995. When Rosemont submitted its initial application to do business in Arizona in 2005, and for seven subsequent years, they concealed the Canadian bankruptcy.
“Apparently, the ACC believes that what happens in Canada stays in Canada,” said Vince Rabago, the former state prosecutor who asked the ACC to investigate the matter on behalf of Save the Scenic Santa Ritas. “The Commission is now saying that anyone from a foreign country who wants to set up shop in Arizona, whether they are from Canada, China, Korea, or anywhere else, can conceal corporate misdeeds so long as they took place overseas. That just doesn’t make any sense and it’s bad for Arizona.”
“The bottom line is that the ACC has now created a loophole in Arizona law and Rosemont is exploiting it,” Rabago added. “But the ACC doesn’t have the final word. The Attorney General was also asked to investigate whether Rosemont violated Arizona law when it concealed the Canadian bankruptcy, and the AG may not agree with the ACC’s ‘what happens in Canada stays in Canada’ loophole.”
SSSR is a broad based coalition comprised of businesses, organizations and individuals throughout Southern Arizona committed to protecting the Santa Rita Mountains from the devastation of open pit mining such that is proposed by Augusta Resource Corporation.