Monthly archive March, 2011

Vedanta allegedly brands tribal opponents “terrorists”

An extremely serious allegation has been made against UK-listed Vedanta Resources plc. The company is accused of sponsoring a briefing to para-militaries, employed to “safeguard” its aluminium operations in Orissa, where they were told to …
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Vedanta Aluminium to raise over 2.2 billion pounds for Orissa project

Anil Agarwal’s Vedanta Aluminium is in the process of raising Rs 16000 crore (160 billion rupees, just over £2.2 billion) for its aluminium project in Orissa, sources with direct knowledge said. Another source said the …
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Greystar Resources withdraws request for environmental permit in Colombia

Canada’s Greystar Resources (listed on London’s Alternative Investment Market) has withdrawn its request for an environmental permit for its Angostura project in the Colombian páramos of Santurbán. The company’s move seems to let the Ministry …
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New report released on RBS coal finance during RBS-sponsored Climate Week

‘Dirty Money – Corporate greenwash and RBS coal finance’ takes the case of the Royal Bank of Scotland, an international bank with interests across the fossil fuel sector that is promoting itself as a genuine …
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Rio Tinto’s record on Bougainville is nothing to be proud of

AS talks resurfaced in the past few weeks about re-opening the Panguna copper mine, so too have the critics of Bougainville Copper’s environmental record.

One of the most vocal critics is London-based activist and researcher …
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Nuclear news

Too Cheap to Meter: The Top 10 Myths of Nuclear Power
http://www.huffingtonpost.com/michael-rose/too-cheap-to-meter-the-to_b_835730.html

Wind power cheaper than nuclear, says EU climate chief
Connie Hedegaard says declining cost of offshore wind energy makes it genuine alternative to …
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Statement by the Financial Reporting Review Panel in respect of the report and accounts of Rio Tinto Plc

As a result of a complaint made in July 2010 the Financial Reporting Review Panel of the FRC has had under review the report and accounts of Rio Tinto plc for the year ended 31 …
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CORE publishes briefing on UK company reporting

Over the last six years, developments in UK law on company non-financial reporting requirements have proven particularly challenging to follow. Beck Wallace has just produced for CORE a short briefing which attempts to provide an …
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National Resources Defense Council targets Rio Tinto over Pebble Mine

Rio Tinto part owns Northern Dynasty, partner with Anglo American in the Pebble Mine project near Bristol Bay, Alaska.

See http://www.nrdc.org/naturesvoice/campaign1.asp.…
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No to mining in Palawan

The Save Palawan Movement has launched a “No to Mining in Palawan” signature campaign in the hope of putting an end to mining activities in Palawan, known as the Philippines’ Last Ecological Frontier. The campaign …
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Mangrove Action Project says stop Phulbari coal mine

London-listed GCM Resources’ Phulbari Coal Mine Project would establish one of the world’s largest open pit coal mines in northwest Bangladesh, forcibly displacing as many as 130,000 people, including more than 2,200 indigenous households. Mangrove …
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Rio expects strong long-term copper demand

Global miner Rio Tinto expects global copper consumption over the next 20-30 years to exceed total historical consumption to date, said chief executive Tom Albanese.

See http://www.businessspectator.com.au/bs.nsf/Article/Rio-sees-strong-long-term-copper-demand-pd20110323-F84AF?opendocument&src=rss.…
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