Norwegian Government Fund Blacklists Rio Tinto

Emma Alberici, ABC,2008-09-11

Rio Tinto has been blacklisted by Europe's biggest investor for "grossly unethical conduct" through its involvement in the world's biggest gold mine in Indonesia. The Norwegian Government's sovereign wealth fund, the equivalent of Australia's Future Fund, was one of Rio's biggest investors before deciding to withdraw its $1 billion investment.

http://www.abc.net.au/news/stories/2008/09/11/2361534.htm?section=world

The Government Pension Fund divests its holdings in mining company, Ministry of Finance, Norway, 2008-09-09

http://www.regjeringen.no/en/dep/fin/Press-Center/Press-releases/2008/the-government-pension-fund-divests-its-.html?id=526030

The recommendation from the Council on Ethics, Ministry of Finance, Norway [PDF, 143 KB]

http://www.regjeringen.no/upload/FIN/etikk/Recommendation%20RT.pdf


Companies Excluded from the Investment Universe, Ministry of Finance, Norway

http://www.regjeringen.no/en/dep/fin/Selected-topics/andre/Ethical-Guidelines-for-the-Government-Pension-Fund---Global-/companies-excluded-from-the-investment-u.html?id=447122

Grasberg Minerals District, Freeport-McMoran Copper and Gold

http://www.fcx.com/operations/grascomplx.htm



Norwegian Pension Fund, Statement by Rio Tinto, 2008-09-10

http://www.riotinto.com/media/news_12275.asp



Indonesia: Resources and Conflict in Papua, ICG, 2002-09-13

http://www.crisisgroup.org/home/index.cfm?l=1&id=1449