Monthly archive December, 2008

Rio Tinto at the cross-roads

Faced with massive debt, the world’s oldest multinational mining company now has the opportunity to salvage its damaged reputation. But will it do so?

At the beginning of this year Rio Tinto was the world’s …
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Bangladesh: Overwhelming thumbs-down given to UK mining project

UK Mining’s “2008 AGM Season” ends this week, as London-listed GCM Resources (formerly Global Coal Management, and previously Asia Energy plc) defends one of the most criticised mining proposals of recent years: the Phulbari coal …
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GCM Resources plc Phulbari Project: summary of concerns

“We are poor and where shall we stand if they snatch the land away from us? We don’t want the open coal mine even at the cost of our blood.”
Srimati Murmu, from the Santal …
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GCM’s Phulbari project roundly condemned

Nostromo Research (London) has published a devastating critique of one of South Asia’s biggest proposed mining projects – London-based GCM Resources plc‘s Phulbari Coal mine in Bangladesh.

GCM Resources’ Annual General Meeting will take …
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