Monthly archive April, 2010

Kissinger helps Rio Tinto build bridges with China: report

Anglo-Australian mining giant Rio Tinto turned to US elder statesman Henry Kissinger for help in building bridges with China following the jailing of four of its employees, according to reports in Australia.

See http://news.yahoo.com/s/afp/20100331/wl_asia_afp/australiachinausriotintokissinger.…
Read more

Rio Tinto’s La Granja study to take 1-2 years – Peru

A study of development options underway at Anglo-Australian miner Rio Tinto’s La Granja copper project in Peru is likely to take another 12-24 months to complete, according to Andrew Harding, Rio Tinto’s chief executive, copper. …
Read more

Protest the Pebble Mine

Sign the Petition telling mining giant Anglo American that you oppose its disastrous Pebble Mine scheme in Alaska.

Rio Tinto also has a minority stake in the project.

See https://secure.nrdconline.org/site/Advocacy?cmd=display&page=UserAction&id=1781.…
Read more

BHP brings Australian nickel operation to a halt after fatal accident

The diversified miner has stopped work at part of its Nickel West mining complex after a miner died in an accident. Details are still being established.

See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=102575&sn=Detail&pid=92730.…
Read more

Escondida to make decision on US$1bn plan before year-end, eyes phase VI

Chile’s Escondida, the world’s largest copper mine, will make a decision on a US$1bn investment plan this year to carry out three projects to optimize operations, BHP Billiton‘s  base metals president Diego Hernández said. …
Read more

BHP Billiton takes mercy on Eskom

Is Eskom facing another financial disaster over its multi-billion-rand-losing derivatives? In its financial year to 31 March 2009, Eskom, the South African state-owned power monopoly, scored losses of 11.9bn South African Rand on its derivatives …
Read more

Agarwal’s “global seat of learning” gets boot up the backside

Once again, the prime mover behind notorious UK-listed mining company, Vedanta Resources, is under the critical spotlight. This time Anil Agarwal is accused of failing to change the status of his eponymous Foundation from …
Read more

Amnesty International petition on Vedanta

UK-based mining company is abusing the human rights of indigenous communities in Orissa, India

Vedanta Resources, through its subsidiary companies plans to mine for bauxite in the Niyamgiri Hills, considered sacred by the Indigenous Dongria …
Read more

Trafigura penetrates further into Peru

Swiss-headquartered Trafigura boasts of being the world’s second largest non-ferrous metals’ trader. In this regard, only Glencore pips it to the post. Notorious for its alleged dumping of tonnes of toxic wastes on the Ivory …
Read more

ILO Recommends Guatemalan State Suspend Mining Operations

The International Labour Organisation’s Committee of Experts on the Application of Conventions and Recommendations has called on the Guatemalan Government to suspend mining operations on Maya Indigenous land in Guatemala. This will affect Goldcorp, …
Read more

Xstrata’s Lomas Bayas advances US$293mn project to extend mine life to 2020 – Chile

Anglo-Swiss miner Xstrata is advancing a US$293mn expansion project at its Lomas Bayas copper mine in northern Chile’s region II and is currently at the engineering works stage, a company spokesperson told BNamericas.

See http://www.bnamericas.com/news/mining/Lomas_Bayas_advances_US*293mn_project_to_extend_mine_life_to_2020/181461623
Read more

Ask one of the UK’s largest investors to challenge Shell and BP on tar sands

See http://www.fairpensions.org.uk/tarsands/action2.…
Read more