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July 07, 2008

Mined Numbing

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Anglo American who have a 1.4 billion (50%) interest in the Pebble Mine project in Alaska is defending its investment of hundreds of millions of dollars in a platinum mine in Zimbabwe throwing a lifeline of foreign exchange to the corrupt and brutal regime of Robert Mugabe. Anglo American is claiming the mine will ultimately benefit the people of Zimbabwe, sound familiar?  LINK

Inside Mugabe's violent crackdown. Via: MSNBC LINK

Anglo American also has a 45% stake in the De Beers diamond company cartel who have a long track record of  market manipulation, and until 1999 were widely believed to be a prominent dealer of conflict diamonds.

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Comments

DeBeers was once led by Cecil Rhodes, and Zimbabwe used to be called Rhodesia, since it was Rhodes personal fiefdom. Like Rhodes, Anglo-American wears the "white man's burden" of bringing benefits to the poor natives of Zimbabwe and Alaska.

Times have not changed

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