Blood and Iron: Rio Tinto heads to the top
Rio Tinto is talking up its future prospects, in advance of its London annual general meeting next month. A huge nickel mine is slated for Indonesia; the company is about to take over a vast iron ore field in Orissa. And it’s just announced a £1.9 billion deal with its largest single shareholder, the Chinese [...]
Bougainville: No sign that war-torn mine will re-open
But there are questions over Rio Tinto subsidiary’s recent role Bougainville’s vice-president has said that the “future and re-opening of the Panguna copper mine is to be decided by the Panguna landowners themselves” - while adding that “the views of other stakeholders must also be considered and taken into account.” One of these so-called “stakeholders” [...]
London Calling applauds condemnation of Vedanta
… and urges broader campaign against “criminal” company For the past six years, UK-listed Vedanta Resources has been castigated by Adivasi (Indigenous Peoples) groups, environmentalists and human rights organisations, for numerous alleged violations of Indian law. Hardly a month has passed when accusations of illegality – ranging from land encroachment to pollution, bribery and even [...]
Pro-tribal Congress Party may hit Vedanta’s Orissa dreams
PLANS by Vedanta Resources to mine bauxite in Niyamgiri in Orissa, already delayed by vehement protests from non-governmental organisations, seem likely to suffer further damage—quite possibly terminal—as the Congress reaches out to India’s tribal population, sections of which have come under the influence of the grand old party’s arch rival BJP while others have fallen [...]
Rio Tinto, Orissa to revive $1-bn JV
Global mining major Rio Tinto has decided to aggressively push its $1-billion iron ore project in Orissa, India. The company made its intentions clear in its annual report released last Tuesday. In turn, the Orissa government, buffeted by a series of aborted mining projects in the state, promptly announced it has almost firmed up the [...]
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