Moving towards a ‘post-extractive model’ and living well?

By César Padilla*

The increase in mining activities in Latin America has not slowed since the middle of the 90s. The region attracts around 27% of all investment in this sector and there are many projects which are yet to start. Some countries base their exports on mining and others are trying to join the list.

Chile and Perú top the ranking of mining countries par excellence, whilst Colombia is trying to start the “mining engine” so as to be part of the club and Argentina is fighting to compete for the investments of the major transnationals. Bolivia, traditionally a mining country, this year has managed to revive the stagnant sector, reaching mineral export figures which are on a par with hydro-fuel exports. An effort to nationalise mining and sectoral law reforms are giving renewed spirit to this activity, which is increasingly in the hands of the State.

The coalition “Banca Cívica sin armas” (Civic banking without arms) was launched last December in front of the central offices of Banca Cívica (Civic Banking) in Pamplona-Iruña, State of Spain.

This coalition is formed by three collectives: SETEM Nafarroa, Iruña Group against the Palestinian War Elkartasuna Ekimena, and Alternativa Antimilitarista KEM-MOC.
The website http://www.bancacivicasinarmas.org/ was launched at the same time laying out the reasons why the three collectives joined together.

Company Snapshot

The Samsung Group is South Korea's largest conglomerate and a global multinational corporation leading several major industries. It is composed of numerous businesses, including Samsung Electronics, the world's largest electronics company, Samsung Heavy Industries, one of the world's biggest shipbuilders and Samsung Engineering & Construction, a major global construction company. These three businesses form the core of Samsung Group and reflect its name — the meaning of the Korean word samsung is "tristar" or "three stars". Samsung Group has a corporate responsibility for South Korea, forming a vital core part of the South Korean economy, accounting for more than 20% of the nation's total exports. The company has a powerful influence on the country's economic development, politics, media and culture. Samsung Group is South Korea's largest company and exporter, the 5th largest transnational corporation in the world. Starting in the 1990s, Samsung became a world leader in memory chip production, and in recent years it has been one of the largest producers of flat-panel displays and mobile phone sets. A few years ago the company was being described as the "new Sony," but it is now facing intensified competition as well as a wide-ranging corruption investigation launched by Korean prosecutors in late 2007.

The Seoul International Aerospace & Defence Exhibition (ADEX) was held from the 18th to 23th of October, 2011 at a Seongnam airbase.

Many organisations including; Weapon Zero Team Korea, World Without War, and PSPD Center for Peace and Disaramament hosted the 2011 Peace & Disarmament Exhibiiton “Let's Talk about Peace Now” at the Bosingak Square during the Seoul Adex, from 22th to 23th.