Anglo American AGM: protests from Alaska and Colombia
A delegation of native leaders and commercial salmon fishermen from Bristol Bay, Alaska, travelled to London to attend the Anglo American annual general meeting (AGM) on 15 April. The company owns roughly 70% of the highly controversial Pebble Mine Project. The mine, if it were approved and constructed, would be the largest copper and gold [...]
US delegation report on Rio Tinto AGM
Lutheran pastor, Jon Magnuson, from Marquette, Michigan, USA, presented the Rio Tinto board with a document signed by one hundred faith leaders of ten faith traditions in Marquette, Baraga and Keweenaw counties. Magnuson said that the document was part of a petition that collected roughly ten thousand citizen’s names in opposition to Rio Tinto’s Eagle [...]
Rio Tinto investors vent fury at $20bn Chinalco stake
Rio Tinto board told at annual meeting they were ’selling the family silver‘
Many private investors in Rio Tinto vented their anger at the mining group’s annual meeting in London over the board’s decision to pursue a $20bn (£13.3bn) bailout from the Chinese government.
Andrew Hickman, of LMN member group Down to Earth, criticised the practice of [...]
Rio Tinto attacked from all sides
Yesterday’s Rio Tinto AGM was full of dissatisfied shareholders, and not only the usual suspects.
Objections were raised to the proposed bailout by Chinalco, the level of executive pay, the clash of the AGM with that of Anglo American, the failure of the Board to plan for the economic slowdown and the massive increase in payments [...]
Rio Tinto goes naked into the shareholders’ chamber
On April 15th, Rio Tinto plc holds its 2009 annual general meeting in London. Among the issues for which the world’s third biggest mining company should face opprobrium are: confirmed leakages of contaminated water from its huge Ranger uranium mine in Australia; and continued illegal payments made to the Indonesian military to “safeguard” the Freeport-Rio [...]
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