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The lure of gold

In search of today's gold are transnational corporations and an aggressive new breed of 'junior' mining companies that are now jostling in a headlong rush to stake their claims in many developing countries.

And they are being made welcome as never before. Many mining companies have changed their mining laws to attract foreign companies. For some, these changes have boosted production and export earnings but weighed against these benefits are the costs – social, health or environmental.

This report looks at the need for safeguards to ensure that the needs of developing countries and indigenous people are not forgotten in the rush to create profits.

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