24.02.2014 - Alliance targets Norway's Whitehaven investment
A group of Australian NGOs is urging the Norwegian Sovereign Wealth Fund to divest from a controversial new mining project in northwest NSW. The Norwegian Sovereign Wealth Fund has an estimated $7 million invested in Whitehaven Coal, the company behind the Maules Creek Mine, Australia’s largest greenfield mining project which has been the target of a high profile opposition campaign by local farmers, traditional owners and environmentalists. The fund controls over $910 billion, owning approximately 1 per cent of the world’s stocks...............................................Full Article: Source
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