Canada watchdog says abuse likely occurred at a Dynasty Gold mine in China (updated)

Dynasty Gold

26/03/2024 15:43

(Adds details from the report)
       TORONTO, March 26 (Reuters) - Canada's corporate ethics
watchdog on Tuesday said it was likely that human rights abuses
had occurred at a mine in China operated by Vancouver-based firm
Dynasty Gold  DYG.V .
    In a report, the Canadian Ombudsperson for Responsible
Enterprise (CORE) recommended the federal government refuse to
provide any future financial support to Dynasty until it
implemented recommendations to combat abuse.
    Dynasty Gold did not respond to an email query by Reuters.
    The report by CORE is a result of an investigation over 
complaints filed by 28 Canadian organizations who alleged that
Dynasty Gold used or benefited from Uyghur forced labour at the
Hatu mining operations. 
        In its final report the watchdog concluded that Dynasty
contributed to the use of forced labour through its relationship
with its joint venture partners Xinjiang Non-Ferrous Metal and
Western Region Gold  601069.SS .
    A report by the U.N. human rights chief in 2022 said that
China's treatment of Uyghurs, a mainly Muslim ethnic minority
that numbers around 10 million in Xinjiang, in the country's far
west, may constitute crimes against humanity. 
        Beijing has 
    denied
     these allegations. 
  
        CORE said Dynasty Gold did nothing to identify, assess,
and mitigate the risk of Uyghur forced labour at the mine, which
led to the watchdog to reach its conclusion.
  
        The watchdog has asked Dynasty to make significant
financial donations to organizations working to combat Uyghur
forced labour, assess its leverage to prevent or mitigate use of
forced labour at Hatu mine and determine whether it should exit
responsibly from its business relationships in the Xinjiang
region.
  
        Dynasty shares were up 3.7%.
  
        
  

 (Reporting by Divya Rajagopal and David Ljunggren;)
 ((david.ljunggren@tr.com; +1 647 480 7891;))