Request for urgent action to support Colombian Indigenous leaders
Last October, Wayuu Indigenous leader Karmen Ramirez Boscan was in London as a guest of London Mining Network member group Colombia Solidarity Campaign. She came to Britain for the AGM of mining multinational BHP Billiton, which is one of the three multinational owners of the Cerrejon coal mine. The other two are Anglo American and [...]
Church attacks Tampakan mine owners for lack of transparency after school burning
An elementary school in the Philippines has burned down in mysterious circumstances, and people suspect it will be used to escalate militarisation as local indigenous communities are increasingly objecting to the company’s plans. The Tampakan mine is controlled by London-listed Xstrata. The Catholic Church has been particularly outspoken on the company’s lack of transparency, and [...]
Australian coal miners call 3-day strike against Xstrata
It may have been announced as only a three-day strike at a relatively small colliery. However, discontent by Australian workers with UK-Swiss mining giant, Xstrata, has been boiling throughout the past year. Earlier this month, workers at the company’s Tahmoor mine in New South Wales decided to stop work in support of their demands for [...]
Ministry Blasts ‘Illegal’ Freeport Mining
The increasingly frustrated Indonesian Ministry of Forestry has issued a second warning to mining giant PT Freeport Indonesia for not obtaining a permit to mine in protected forest areas. London-listed Rio Tinto helped to finance expansion of Freeport’s massive Grasberg mine in Indonesian-occupied West Papua and continues to profit from it. Forestry Minister Zulkifli Hasan [...]
Anglo American financial news
Anglo American beats earnings forecasts but stops short of reinstating dividends
The group posted a 51% drop in annual earnings per share on the back of weaker metal prices and said the resumption of dividend payments remained a key priority.
See http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=98929&sn=Detail&pid=92730.
Anglo American Chile accounts for 41% of group’s total 2009 operating profits
Anglo American Chile, the local [...]
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