London Mining Network

Holding the mining industry to account

British Government faces environmental legal challenge over RBS

Posted on | July 1, 2009

See press release below from World Development Movement, PLATFORM and People & Planet.
See related press coverage:
Financial Times: http://www.ft.com/cms/s/0/8007e284-64ef-11de-a13f-00144feabdc0.html?nclick_check=1
The Herald: http://www.theherald.co.uk/news/news/display.var.2517246.0.Treasury_in_court_over_banks_destructive_projects.php
The Guardian: http://www.guardian.co.uk/commentisfree/2009/jun/30/rbs-nationalised-banks-green
BBC: http://news.bbc.co.uk/1/hi/business/8126167.stm
Press release, June 30th, 2009
Government faces environmental legal challenge over RBS
The World Development Movement, PLATFORM and People & Planet have today launched legal action against the Treasury for allowing public money, poured into [...]

Church accused of unethical investment in Vedanta

Posted on | June 30, 2009

The Church of England and one of Britain’s leading charities have been revealed as shareholders in a London-based company behind a controversial aluminium mine in India which campaigners allege will wreak environmental destruction. Vedanta Resources, a FTSE 100 company whose majority shareholder is the Indian billionaire Anil Agarwal, won permission last month for its subsidiary [...]

Golden Peacock? Pure poppycock, claim Indian demonstrators against Vedanta

Posted on | June 30, 2009

Two years ago UK-listed Vedanta Resources plc was awarded India’s “Golden Peacock ” 2007 prize for best practices in training. That event failed to ruffle many feathers, nor was doubt cast on the organisation making the award – the so-called World Environment Foundation (WEF) based in the UK. Nonetheless, an article in The Observer newspaper [...]

Xstrata proposes ‘merger of equals’ with Anglo American

Posted on | June 30, 2009

London-listed Xstrata Plc, the largest exporter of coal used by power plants, has proposed a “merger of equals” with Anglo American Plc to gain access to iron ore mines and control of the world’s biggest platinum producer.
Xstrata pressed the directors of Anglo American Plc to enter into negotiations over its proposed 24 billion-pound ($39 billion) [...]

Rio Tinto sued for pollution at “best practice” mine “

Posted on | June 30, 2009

A few years ago Rio Tinto walked away from one of the most controversial mines in its recent history – the Flambeau copper project in Wisconsin, USA. A coalition of Native American and local people had taken up arms against one of the world’s biggest mining companies, but lost. The company has claimed it fulfilled [...]

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