At a September seminar in London with investors in Vedanta, mining researcher Roger Moody of Nostromo Research gave the following paper on risks to banks from investments in the company.
Roger has 26 years experience …
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World on course for catastrophic 6° rise, reveal scientists
Fast-rising carbon emissions mean that worst-case predictions for climate change are coming true. The world is now firmly on course for the worst-case scenario in terms of climate change, with average global temperatures rising by …
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Britain’s nuclear strategy threatens destruction of Namibian desert
Namibian environmentalists warn expansion of uranium mining could devastate spectacular natural landscape. The hidden cost of Britain’s new generation of nuclear power could be the destruction of the desert in Namibia and millions of tonnes …
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Indonesia: NGO denounces government’s “green rating” of mines
Indonesia’s leading mining advocacy organisation, JATAM, has deplored police violence used on protestors who demonstrated against an Australian iron ore project last month.
Claiming this to be just one example of the government “putting foreign …
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BHP and Rio Tinto face new hurdles over world’s biggest mining merger
Earlier this year, two of the world’s three leading iron ore producers inked a deal to create what (by market capitalisation) would be the globe’s largest mining venture. BHP Billiton and Rio Tinto are still …
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Striking miners at BHP’s Spence mine dig in heels
The workers at the Chilean mine, who accuse BHP Billiton of stalling contract talks, threaten to invade installations and block roads.
See http://www.minesandcommunities.org/article.php?a=9636.…
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Three arrested in Vedanta plant deaths probe
Indian police have arrested an executive and two other officials from the Indian subsidiary of Vedanta, the UK-listed mining company, for alleged negligence in connection with the collapse of a power plant chimney that killed …
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Vedanta claims: ‘It is not feasible to remove mining dumps at Advalpal’
In September 2009, a 9-year old boy from Advalpal village in Goa successfully took Vedanta to court, accusing its iron ore subsidiary, Sesa Goa, of illegally dumping wahttp://londonminingnetwork.org/wp-admin/post-new.phpstes above his village, thus causing major flood …
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Bloody oil: the struggle against the Tar Sands
Three indigenous women from Canada are visiting the United Kingdom and Ireland conducting a 10-day tour to raise awareness about the Alberta Tar Sands. Dubbed ‘the most destructive project on earth’, the Tar Sands are …
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At It Again: Rio Tinto Tries Busting California Miners’ Union
Regardless of whether it’s true or not, Rio Tinto always seems to know what to say. Rio Tinto boasts to the public, gullible politicians and job hopefuls in Michigan that the company is doing well …
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British-funded mine accused of damaging buildings in Guatemala
A new report on building damage in San Marcos Department, Guatemala, says that the most probable cause of the cracked houses near the Marlin Mine, a project of Montana Exploradora, subsidiary of the Canadian Mining …
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