Anglo American subsidiary under fire again in South Africa
Press Release from the Bench Marks Foundation, http://www.bench-marks.org.za/ Anglo Platinum employee accused of disrupting community meeting The Bench Marks Foundation has expressed its concern suggesting that an employee of Anglo Platinum was instrumental in preventing a meeting of the relocated Magobading community from taking place last weekend. The community meeting was to have happened on [...]
BankTrack calls on banks to stop funding nuclear power
BankTrack, in cooperation with a number of working partners, today (26 May 2010) launches http://www.nuclearbanks.org, a new website mapping the involvement of 45 leading commercial banks in funding nuclear power projects and companies active in the nuclear sector. These banks include British-based Barclays, HSBC and RBS. BankTrack considers nuclear energy a grave danger for people [...]
Goldcorp mired in controversy
Goldcorp is a Canadian company but among its major investors are British-based AXA Investment Managers UK Ltd (US$4.3 million), Blackrock Commodities Income Trust plc, and City Natural Resources High Yield Trust PLC, according to the document From Money to Metals ( http://moneytometal.org/index.php/From_Money_to_Metals) by mining researcher Roger Moody.) OAS Human Rights Commission Urges Suspension of Mining [...]
Kakadu being poisoned by Rio Tinto mine, group warns
Millions of litres of radioactive water from the Ranger uranium mine have flowed into world heritage-listed wetlands in Kakadu National Park. Aboriginal traditional owners say they will oppose plans for a huge expansion of the 30-year-old mine by Energy Resources of Australia unless the company upgrades its environmental protection procedures. The Rio Tinto-owned company has [...]
Update on Rio Tinto at Oyu Tolgoi
Billions of dollars between friends The Oyu Tolgoi project in Mongolia has a total phase one capital cost of 4.6 billion US dollars and proponent Ivanhoe Mines has only been able to pursue it because of massive support from Rio Tinto. Rio Tinto’s association with Ivanhoe is controversial because of Ivanhoe’s involvement with the government [...]
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