According to the Canadian International Bank of Commerce (CIBC) last year a total of 1,434 mining companies was listed on the Toronto Stock Exchange (TSX and TSX-V), and “only” 173 on the London Stock Exchange …
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London remains the capital of the known universe
Three workers killed at Anglo American/Xstrata mine in Chile
Note that these two articles from Business News Americas seem to be more concerned about markets and profits than about the tragic deaths of the mineworkers and the impacts of those deaths on family, friends …
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Climate news
‘Climate capitalism’ won at Cancun – everyone else loses
Positive spin about the global climate summit in Cancun is based on reaching international consensus and establishing instruments to manage the crisis using market-based strategies – …
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LMN and other NGOs call to halt BHP Billiton’s Congo aluminium smelter
Fourteen African and other civil society organisations, including London Mining Network, have called on BHP Billiton to halt its plans to construct a US$5 billion aluminum smelter, and co-fund a $3.5 billion hydropower project, in …
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Rio Tinto battles for new copper, gold and coal
UK miner extends grasp over Mongolia, goes for Mozambique
Rio Tinto, the third most highly capitalised mining company, and second among global iron ore producers, is bidding for Australian-listed, Mozambique-based, coal mining company, Riversdale. The …
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Indian Supreme Court gives reprieve to Vedanta subsidiary’s Tuticorin copper unit
Sterlite Industries (India) Ltd, a unit of the London-listed Vedanta Resources, can keep running its Tuticorin copper smelter unit for now. The Supreme Court overruled the Madras High Court’s earlier order to close the unit …
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Vedanta subsidiary accused of unlawful deforestation
A subsidiary of the Vedanta mining group in India has cleared forest land apparently in violation of Supreme Court orders, the BBC has learned. Papers made available to the BBC reveal that Sterlite Industries cut …
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Rio Tinto To Spend Over $1 Billion On Alcan Expansion
Rio Tinto said it plans to invest over $1 billion in its Canadian aluminium smelters to improve production efficiency through modernization and expansion.
The Anglo-Australian mining giant, which acquired the assets through its purchase of …
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Mining in Bougainville: the opposition
The Panguna mine on the Pacific island of Bougainville is owned by Rio Tinto subsidiary Bougainville Copper Ltd. Operation of the mine led to a war of independence against Papua New Guinea.
Women oppose Panguna …
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News from Bristol Bay
The Anglo American/Northern Dynasty Pebble Mine copper-gold project near Bristol Bay, Alaska, is opposed by many Native people and sport and commercial fishermen. Northern Dynasty is part owned by Rio Tinto.
December’s issue of National …
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