Arguments around power shortages in South Africa have been raging for some time (with the mining industry grumbling over power outages). At the same time South Africa is Africa’s heaviest polluter due to its dependence …
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Eskom’s ‘Sweetheart Deals’
Early Day Motion calls for payment disclosure by oil, gas and mining companies
Labour MP Chris Mullin has introduced an Early Day Motion in the UK Parliament urging the Government to consider adopting legislation similar to that introduced in the US requiring oil, gas and mining companies to …
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Goldcorp ups 2010 exploration budget to US$145mn due to El Morro, Camino Rojo – Chile, Mexico
Vancouver-based Goldcorp has revised up its 2010 exploration guidance budget to US$145mn from the originally announced US$130mn.
Goldcorp is a Canadian company but among its major investors are British-based AXA Investment Managers …
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Challenging Conventional Wisdom on Renewable Energy’s Limits
In making the case for a rapid conversion away from heavily polluting energy sources like coal and nuclear power to cleaner generation, renewable energy advocates often confront the argument that their scheme is impossible due …
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Civil society organizations demand reform of World Bank Group lending to private corporations
Nearly 100 civil society organizations from 38 countries are demanding that World Bank Group lending to private corporations be much more responsive to environmental and social concerns. A letter submitted to the director of the …
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Any of our business? Human rights and the UK private sector
Government Response to the Committee’s First Report of Session 2009–10
In December, the UK Parliament’s Joint Committee on Human Rights published the report on its inquiry into UK business and human rights. See http://londonminingnetwork.org/2010/01/uk-parliamentary-human-rights-committee-issues-report-on-uk-businesses/.…
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How to Profit From the “Fertilizer Wars”
There’s nothing like scarcity and supply disruptions to fuel violent price spikes. And there’s nothing like the basic human needs for food and water to light that fuse. Today’s world food supplies run on razor-thin …
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Xstrata gains ground as FTSE 100 jumps to 18 month high
Mining and financial shares led the way as the FTSE 100 surged to an 18 month high, helped by a return of investors’ appetite for risk, hopes for a solution to Greece’s debt problems and …
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BNFL memoir revives nuclear safety fears
The autobiography of a former director of British Nuclear Fuels (BNFL) is likely to reignite fears about the safety of nuclear power, as Britain prepares for a new generation of reactors, by exposing the panic …
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Universities Superannuation Scheme faces ethical dilemma over strip-mining operation
Investment by the Universities Superannuation Scheme in a British mining company could damage an ancient forest sacred to an Indian tribe, activists say.
Survival International, a charity that supports tribal peoples, has been lobbying the …
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Vedanta takes on critics of mining at India tribal site
London-based resource giant Vedanta has decided to take on its critics who have been attacking from all sides over its plans to mine an area in India held sacred by a tribal group.
See http://news.yahoo.com/s/afp/20100304/wl_sthasia_afp/indiabritainminingvedantarights…
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Indian Environment Minister to review Vedanta clearances
Ramesh to review Posco, Vedanta clearances
Controversy-prone Indian minister for environment and forests Jairam Ramesh has now decided to review the forest clearances granted to Posco and Vedanta Resources. Both the giant Korean firm (Pohang …
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