Glencore is facing legal action over pollution caused by its vast and lucrative copper operations in Zambia. Glencore’s Mopani Copper Mines subsidiary has been a thorn in the firm’s side since its £6billion float in …
Read more
Glencore faces legal action over pollution caused by Zambian copper
London Stock Exchange – occupied by coal
New analysis from Carbon Tracker shows how the growing number of coal mining companies listing in London exposes the financial market to a significant systemic risk. Investors tracking the FTSE AllShare Index are facing increasing …
Read more
Asia’s Tainted Literary Fest
The DSC Jaipur Literature Festival opened in India on 20 January 2012, and concludes today. Billed as “the largest literary festival in the Asia-Pacific” it had already provoked heated debate before it got underway – …
Read more
Amungme leader warns Freeport it could be closed down
The vast Grasberg copper-gold mine in Indonesian-occupied West Papua is a continuing source of tension between the Indonesian government and those campaigning for West papuan independence. London-based Rio Tinto helped to finance the mine’s expansion …
Read more
Rio Tinto hits a snag in US copper mine clean-up
In November 2001, Rio Tinto secured a “Notice of Completion (COC)” from Wisconsin’s Department of Natural Resources (DNR) confirming that it had successfully reclaimed its Flambeau copper mine. This enterprise generated massive opposition by a …
Read more
Rio Tinto subsidiary ERA expects flooding to hit uranium output again
The company warned that recent flooding caused by heavy rainfall in northern Australia will continue to restrict its uranium production for the year.
See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=143022&sn=Detail&pid=92730.…
Read more
Orissa High Court dashes Vedanta hopes to expand refinery
Vedanta Aluminium Ltd tried to get the High Court in the Indian State of Orissa to overturn its decision to stop expansion of the company’s Lanjigarh bauxite refinery. It failed.
See http://articles.timesofindia.indiatimes.com/2012-01-19/bhubaneswar/30642318_1_review-petition-vedanta-aluminum-alumina-refinery.…
Read more
Vedanta set to grab further Indian resources – twice over
Vedanta’s contract with Scottish firm, Cairn Energy, to take a controlling stake in India’s most promising new oil field, still isn’t a “done deal”. But the acquisition has now moved one step closer to completion …
Read more
Huge victory: Obama kills Keystone tarsands pipeline
Barack Obama rejected the controversial Keystone tar sands pipeline last Wednesday, making good on a promise not to give in to a Republican ultimatum on the project.
See http://www.no-tar-sands.org/2012/01/huge-victory-obama-kills-keystone/.
Company plans to mine a billion tonnes of coal off Wales – without miners
The debate over the use of coal in Britain is heating up. Reuters reports a British company, Clean Coal UK, is planning to mine an estimated billion tonnes of coal off the Welsh coast using …
Read more
ICVL ties up with London-based company Anglo American for scouting coal assets
International Coal Ventures, a consortium of Indian state-run entities created to acquire coal assets abroad, has formed a strategic tie-up with Anglo American, a global leader in mining, for scouting for coking coal properties globally.…
Read more
Court orders Anglo American to reveal contract with Mitsubishi
A Chilean court has ordered London-based Anglo American to reveal the contract under which it sold a 24.5% stake in its central Chile assets to Japan’s Mitsubishi. The court order follows a legal action filed …
Read more