London Mining Network

Holding the mining industry to account

Australian regulator wants more time to review Rio/BHP JV

Australia’s competition regulator has asked for additional information before it makes a decision on whether or not the proposed $116bn iron ore joint venture between Rio Tinto and BHP Billiton may go ahead. See http://www.mineweb.com/mineweb/view/mineweb/en/page39?oid=98948&sn=Detail&pid=92730.

New BHP Chairman to take the reins on March 30

Jac Nasser will replace Don Argus, who is retiring after 10 years as chairman of the diversified miner. See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=99551&sn=Detail&pid=92730.

21 injured, 61 arrested in South African protest against BHP Billiton

Twenty-one people were injured and 61 were arrested in Ogies, Mpumalanga, on Thursday in protests against BHP Billiton – the second violent action targeting a mining company in the past two weeks, police said. They included three police officials, who were injured on the shoulder, mouth and head when stones and bottles were thrown at [...]

Judge Suspends Yamana’s Agua Rica Project After Clashes in Andalgala, Argentina

One of the most controversial mining projects in Argentina, already affected by the economic crisis last year, has been halted by a court order after protests and clashes in the town of Andalgalá, Catamarca province. The judge’s decision to order an immediate suspension needs to be understood as a political one, rather than a strictly [...]

Robbing Africans

An African faith coalition publishes a detailed examination of the ways in which citizens are defrauded of mining profits. The document refers particularly to AngloGold Ashanti, which has a subsidiary listing on the London Stock Exchange, and to Konkola Copper Mines, owned by Vedanta Resources. See http://www.minesandcommunities.org/article.php?a=9925.

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