Bangladeshi activists demonstrate against GCM Resources
See Morning Star report on the demonstration organised by the UK Branch of the National Committee for the Protection of Bangladesh’s Oil, Gas, Natural Resource, Power and Ports.
For …
Read more
Gaia Foundation press release, Thursday 15th December 2011
Yesterday in Central London a silent protest took place outside the General Meeting of Shareholders of Australian mining company, Coal of Africa Ltd (CoAL). The protest was …
Read more
The most expensive place on the Monopoly board, and the no.1 destination for hedge funds in Europe. Among the luxury hotels, boutique shops and exclusive clubs, we’ll take you to some of the secretive institutions …
Read more
Glencore is facing legal action over pollution caused by its vast and lucrative copper operations in Zambia. Glencore’s Mopani Copper Mines subsidiary has been a thorn in the firm’s side since its £6billion float in …
Read more
The Rich List has been published, showcasing South Africa’s wealthiest business men and women. Topping the list for 2011 Ivan Glasenberg from Swiss-based, London-listed Glencore International, who has an estimated net worth of R61.48 billion.…
Read more
New analysis from Carbon Tracker shows how the growing number of coal mining companies listing in London exposes the financial market to a significant systemic risk. Investors tracking the FTSE AllShare Index are facing increasing …
Read more
The DSC Jaipur Literature Festival opened in India on 20 January 2012, and concludes today. Billed as “the largest literary festival in the Asia-Pacific” it had already provoked heated debate before it got underway – …
Read more
The vast Grasberg copper-gold mine in Indonesian-occupied West Papua is a continuing source of tension between the Indonesian government and those campaigning for West papuan independence. London-based Rio Tinto helped to finance the mine’s expansion …
Read more
In November 2001, Rio Tinto secured a “Notice of Completion (COC)” from Wisconsin’s Department of Natural Resources (DNR) confirming that it had successfully reclaimed its Flambeau copper mine. This enterprise generated massive opposition by a …
Read more
The company warned that recent flooding caused by heavy rainfall in northern Australia will continue to restrict its uranium production for the year.
See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=143022&sn=Detail&pid=92730.…
Read more
Vedanta Aluminium Ltd tried to get the High Court in the Indian State of Orissa to overturn its decision to stop expansion of the company’s Lanjigarh bauxite refinery. It failed.
See http://articles.timesofindia.indiatimes.com/2012-01-19/bhubaneswar/30642318_1_review-petition-vedanta-aluminum-alumina-refinery.…
Read more
Vedanta’s contract with Scottish firm, Cairn Energy, to take a controlling stake in India’s most promising new oil field, still isn’t a “done deal”. But the acquisition has now moved one step closer to completion …
Read more
Barack Obama rejected the controversial Keystone tar sands pipeline last Wednesday, making good on a promise not to give in to a Republican ultimatum on the project.
See http://www.no-tar-sands.org/2012/01/huge-victory-obama-kills-keystone/.
The debate over the use of coal in Britain is heating up. Reuters reports a British company, Clean Coal UK, is planning to mine an estimated billion tonnes of coal off the Welsh coast using …
Read more