Monthly archive December, 2010

Dark side of the Australian mining boom

Australia’s mining industry – in which London-listed BHP Billiton, Rio Tinto and Xstrata play leading roles – is propagating a dark underbelly of alcohol-fuelled violence, prostitution and mental health, the first study to examine social …
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Rio Tinto announces China JV, Australian expansion

Rio announces Chinalco exploration tie-up, extends Sinosteel JV

Global miner Rio Tinto will explore mainland China for mineral deposits in a joint venture (JV) with State-owned Chinalco, CEO Tom Albanese announced on Friday.

The two …
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Anglo Platinum, ARM confirm initiation of legal process over nine farms linked to Nkwe Platinum

Anglo American subsidiary Anglo Platinum, the world’s leading name in the mining of platinum group metals, has confirmed initiation of legal process by the Modikwa Joint Venture (Anglo Platinum and Johannesburg-listed African Rainbow Minerals, or …
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London Calling hails a community victory in South Africa

But does it really set a precedent?

Four years ago, members of South Africa’s Bengwenyama-ye-Maswazi community sued a company called Genorah, along with various government officials, including the mines’ minister. They sought cancellation of prospecting …
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Chile: Collahuasi strike comes to an end

Workers and management agreed on Monday to end the 32-day long strike, the longest-ever at a major private mine in Chile. Miners will return to work during Tuesday’s first shift.

Collahuasi, owned by Xstrata and …
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Glencore and other mining companies set sights on London

Mining Initial Public Offerings (IPOs) in London

A Glencore London float could value group at £30 billion plus
In what U.K. newspapers say could be the largest stock market IPO of the year, weekend reports …
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Panguna gets the nod

Some of the landowners affected by Rio Tinto subsidiary BCL’s Panguna project have decided that they would like the mine reopened, but on their terms. About 100 representatives from the six Panguna mine lease affected …
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Sherritt buys into Sulawesi nickel project while Rio reduces holding

Diversified miner Sherritt International Corp said it would take a majority stake in the Sulawesi nickel project in Indonesia. The Toronto-based company said it would acquire a 57.5 percent equity stake in the holding company …
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Indigenous Peoples in Latin America Unite Against Mining

Last month’s Forum on Mining, Climate Change and Well-being, held in the Peruvian capital, Lima, was attended by 376 Indigenous persons and partners from seventeen countries. The participants issued a ringing Declaration, stating their intention …
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More than 40% of Paramos in Northern Peru under mining concession

More than 40% of the paramo in the northwesterly department of Piura, Peru is under mining concessions. These high altitude wetlands are vital sources of water for the arid lowlands where important export agriculture operations …
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Colombia: Greystar’s public hearing goes ahead

But the public isn’t allowed to participate properly

Vancouver-based Greystar reports that a public hearing took place to consider the Environmental Impact Study for its controversial Angostura project.

However, Colombian deputy, Roberto Schmalbach, reports that …
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Award Winning Mining Company Being Sued for Violent Death of Community Leader

A recently announced lawsuit against HudBay Minerals Inc points to the industry’s failure to take responsibility for corporate abuses beyond Canadian borders. Paradoxically, the company recently won an award for Corporate Social Responsibility from the …
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