Word: freeporters
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...Freeport operates one of the world's largest strip mines, on the Indonesian island of Irian Jaya. Its site contains, according to conservative estimates, more than $70 billion in gold...
...Mennonite church is a service-oriented church and concerned about people across the world who are less fortunate than we are," said Robert Pauw, a member of the Seattle Mennonite congregation. "And we have holdings [in Freeport] and we ought to encourage corporate responsibility...
...Independent monitoring, releasing audits and not cooperating with extremely repressive regimes are the basis of corporate citizenship," said Ian T. Simmons '98-'99. "What do companies like Freeport have to be afraid of? Harvard needs to take the lead on asking questions and taking actions...
...Freeport issued a written statement yesterday when contacted but declined to make further comment. The statement defended Freeport's policies in Irian Jaya...
...Seattle Mennonite Church became concerned about Freeport after it received a block of stock as a donation...