Monthly archive May, 2010

Cerrejon Coal to increase exports

Colombia’s Cerrejon mining company will seek to increase coal exports to 32 million tonnes with more focus on shipments to Asia as demand in Europe slips, the company president said. Cerrejon, Colombia’s biggest exporter, is …
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Progress report on Cerrejón

Fourth Progress Report on Cerrejón’s Social Engagement Commitments Following the February 2008 Independent Third Party Review Panel’s Report

The October 2009 report of Cerrejón’s [joint venture Anglo American, BHP Billiton, Xstrata] progress implementing the recommendations …
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187% jump in Vedanta’s FY profit comfortably beats forecasts

The Indian-focused miner says it is confident about economic recovery.

See http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=103988&sn=Detail&pid=92730.…
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Vedanta, ministry refuse to divulge terms of approval

In order to push through its grand university project, Vedanta is keeping quiet about the clearance it has received from the Ministry of Environment and Forests (MoEF) almost three weeks ago. The ministry, while giving …
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Tainted Gold

Five reasons not to buy shares in the Toka Tindung gold mine project of Archipelago Resources Plc.

On 11 May, Banktrack, London Mining Network and other organisations sent an ‘investors’ warning’ to institutions investing in …
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African Uranium Alliance Statement

Uranium Mining at the UN Committee on Sustainable Development (CSD), New York, 6 May 2010
(Among companies mining uranium in Africa are Rio Tinto at the Rossing mine in Namibia)

In the area of mining, …
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UK Government agency pushes mineral sector in Orissa

In the last ten years, the British government has given £200 million in aid to the state of Orissa in north-eastern India. This aid has been conditional on the government of Orissa agreeing to undertake, …
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Implementing a Corporate Free, Prior, and Informed Consent Policy: Benefits and Challenges

A report posted on the Business and Human Rights Resource Centre website deals with oil company Talisman Energy and the right of Indigenous Peoples to Free Prior Informed Consent before ‘development’ projects are carried out …
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Campaign calls on European Commission to make companies accountable

Brussels, May 11 – Business leaders and European lawmakers meeting at the ‘World Economic Forum on Europe’ in Brussels were urged to make companies accountable for the harm they cause people and the environment around …
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Bangladesh Government accused of pursuing multinationals’ agenda

The National Committee to Protect Oil, Gas, Mineral Resources, Power and Port odemanded that the government provide an immediate solution to the country’s nagging power crisis instead of indulging in ‘propaganda for multinational corporations’ – …
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Canadian court strikes out Ecuadorian lawsuit against Canadian mining company and Toronto Stock Exchange

An Ontario court struck out a lawsuit brought in Ontario by three Ecuadorian campesinos against a Canadian mining company and its directors, whose security forces they say assaulted them in Ecuador for opposing an open …
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Tanzania faces industry opposition to its new mining law

After being criticised for failing to implement a mining bill that would bring greater benefit to the country, the Tanzanian government has now passed the law which increases both the royalty on minerals and ensures …
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