Conquistador Mines Ltd.
The town of Simiti, in northern Colombia, is the site of a gold mine whose ownership is a matter of dispute. The mine is claimed by both the Higuera-Palacios family and the 35,000 poor miners who have worked the deposit for 30 years. In 1997, at roughly the same time that Conquistador, through its subsidiary Corona Goldfields, expressed interest in the Simiti mine, paramilitaries began to appear in the area. They killed at least 19 people in towns around Simiti, beheaded one miner, and tortured and killed the Vice-President of a local miners association. Fearing for their lives, thousands of people fled the area. According to Francisco Ramirez, President of the Colombian Mine Workers Union, the death squads’ purpose was to displace small-scale miners in order to make way for foreign capital. Conquistador has since abandoned the project.
 Ismi, Asad. Profiting from Repression: Canadian Investment in and Trade with Colombia. Americas Update. November, 2000.
Ramirez Cuellar, Francisco. The Profits of Extermination. How U.S. Corporate Power is Destroying Colombia. Common Courage Press. 2005.