News of Note 4/18/25: Major Bank Widens FPIC Scope, Land Swap of Sacred Land for Mining in Arizona, Te-Moak Tribe Ancestral Land Re-opened for Oil

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Investors and JPMorgan Chase Reach Agreement to Uphold Indigenous Peoples’ Rights (Stand.earth)

“As a result of these active engagements, JPMorgan has agreed to include new disclosures in its proxy supplement related to its Nature and Social (N&S) policies. Notably, the disclosure states that the company will consider free, prior and informed consent where risks are identified before proceeding with transactions that may have material implications for Indigenous Peoples — including general corporate purpose, asset-specific financing and capital facilitation activities.”

Trump to approve land swap for Rio Tinto copper mine opposed by Native Americans (Reuters)
“The U.S. Forest Service, which is part of the Agriculture Department, said it will republish within 60 days an environmental report needed for the Resolution Copper project land swap to occur. [...] the mine's construction would cause a crater that would swallow the Oak Flat site where Arizona's San Carlos Apache worship. That has fueled strong opposition from all but one of the state's 22 Native American tribes, as well as the National Congress of American Indians.”

Feds re-open Ruby Mountains to oil, gas and geothermal leasing (Nevada Current/ICT News)
“Sometimes called ‘Nevada’s Swiss Alps’ the Ruby Mountains in Elko County are the ancestral homelands of the Te-Moak Tribe of the Western Shoshone Indians of Nevada. The Ruby Lake National Wildlife Refuge also includes a wetland oasis for migratory waterfowl in the Pacific Flyway and fisheries that include trout and largemouth bass…”

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