Monthly archive July, 2010

Philippine Bishops want Truth Commission vs environmental crimes

The Philippines has a new President. He is the son of the national heroine, ‘Cory’ Aquino. After the pro-mining policy of previous President, Gloria Macapagal-Arroyo, there are hopes that “Noynoy” (as he is popularly known) …
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Xstrata tries to get round opencast mining ban in Philippines

AMID keen interest by big firms in the country’s mineral resources, the Philippines Government has stepped into the controversy created by a local government unit’s (LGU) decision to ban open-pit mining in the southern Philippines. …
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Xstrata approves US$1.47bn Antapaccay copper project in Peru

Anglo-Swiss mining group Xstrata’s board has approved an investment of US$1.47bn to develop the Antapaccay copper project as a brownfield expansion to the Tintaya red metal mine in southern Peru’s Cuzco region. Peruvian authorities recently …
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West African iron ore: world’s biggest mine rush

“The three names dominating about 75% of global  seaborne iron ore, Vale, Rio Tinto, and BHP Billiton, are full force involved in West African iron ore.”

London-listed African Minerals has announced further significant …
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Ivanhoe to terminate contract clause banning other strategic investors

Ivanhoe Mines said it is opening its doors to strategic investors, a move that could force its largest shareholder, Rio Tinto,to pay a premium if it decides to seek control of Ivanhoe.

See http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=107939&sn=Detail&pid=92730
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Michigan has dwindling resources to regulate Rio Tinto subsidiary’s mine

In the wake of the Environmental Protection Agency’s decision that no federal permit is necessary for a controversial new nickel sulphide mine to be located on state land near Lake Superior, state officials and mining …
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Rio Tinto subsidiary ERA says Q2 uranium output fell 44% year-on-year

Energy Resources of Australia said it will need to buy uranium to meet sales commitments. It posted a 44 percent drop in second quarter uranium oxide output and said it will need to buy uranium …
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London-listed mining giants keen on new prospects

Two controversial Anglo-Australian mining giants who abandoned operations at Bougainville copper mine and the Ok Tedi mine in the Western Province of Papua New Guinea due to the Bougainville crisis and environmental damages are still …
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Critical report on the Cerrejon Coal mine in Colombia

The Cerrejon mine is owned by three London-listed companies: Anglo American, BHP Billiton and Xstrata. In May 2010 Danish NGO DanWatch issued a report on the alleged negative social & environmental impacts of the …
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Copper, Gold and Salmon

There’s a vast supply of valuable metal in Alaska just waiting to be mined, but doing so could spell environmental disaster for the area’s salmon population. A major discovery of gold, copper and a metallic …
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Anglo American: is the mega-miner running out of ideas?

Top mining executives may be plain shy of joining an overburdened Cynthia Carroll as Anglo American continues its internal remodelling.

Has Anglo American, the transnational miner, run short of ideas over its continuing remodeling, a …
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London Calling reviews Australian taxation – the tax is dead, long live the tax…

The net result of the recent heated debate in Australia over whether mining companies should pay considerably more tax, led to the ousting of the prime minister after millions of dollars were subscribed to a …
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