A new scientific study, published by the New York Academy of Sciences, estimates that the burning of US coal costs the nation up to US$500 billion a year in “hidden” health, economic and environmental costs. The …
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The deadly costs of continuing to rely on coal
Britain backs ‘publish what you pay’ rule for oil and mining firms in Africa
Britain is throwing its weight behind European efforts to force oil and mining companies to publish details of every penny they pay to governments in poor countries where they operate.
George Osborne told his fellow …
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New Bill ‘would stop cases against multinationals’
Lobby groups including Amnesty International and the Corporate Responsibility Coalition have written to Jonathan Djanogly, a Justice minister, about proposals to reform civil litigation funding and costs. They believe that the proposals by Lord Justice …
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Stock Exchange merger could lead to race to the bottom
A Canadian perspective:
“So maybe you didn’t lose a night’s sleep when the TMX group, the owner of the Toronto Stock Exchange, announced plans to merge with the London Stock Exchange Group. But the change …
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Jeweller Opposition to Bristol Bay Gold Grows
More than 50 jewellers, including Tiffany & Co., Zale Corp., and Jostens, have now signed on to a campaign launched in 2008 to boycott gold from a controversial mining project in Alaska’s Bristol Bay watershed. …
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Statement from the AlterNATIVE Mining Indaba 2011
“We, members of Civil Society, having gathered at the alternative Mining Indaba, in Cape Town on 7th -9th February 2011, comprising faith based organisations, NGOs and community based organisations from Zimbabwe, South Africa, Mozambique, Malawi, …
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Strike averted at Cerrejon
Settlement with workers at Cerrejon
On 8 February, the SINTRACARBON coal workers’ union in Colombia signed a new contract with the Cerrejon Coal Company, owned in equal parts by London-listed Anglo American, BHP Billiton and…
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BHP Billiton is rolling in money
BHP predicts strong iron ore prices for 2 years; CEO denies anti-China spying reports
BHP CEO sees high iron ore price for up to 2 years, with optimistim on short term outlook. Kloppers dismisses WikiLeaks …
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Anglo American doubles operating profit
With cash flows rebounding in 2010, the latest set of results give a view of Cynthia Carroll’s Anglo American, after four years in the CEO’s seat.
See http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=120996&sn=Detail&pid=92730.…
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What happened at the 2011 World Social Forum?
You might not have noticed it, but between 60,000 and 100,000 delegates attended the World Social Forum (WSF) in Dakar, capital of Senegal, earlier this month. At the same time, of course, many thousands of …
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More revolutions must come!
Egypt’s major miner, London-listed Centamin, not long ago started exploiting gold deposits near the Red Sea. The company claims to have escaped damage during the recent upheavals, and its operations don’t appear yet to …
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As expected, Rio Tinto will still pursue wilderness road
Rio Tinto continues to come under fire for its Kennecott subsidiary’s Eagle Mine operations in the Upper Peninsula of Michigan.
Some local coverage on Rio Tinto’s not-so-surprising decision to continue pursuing its wilderness 595/Woodland road …
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