Philippines: Glencore quits the Tampakan Project

Philippines: Glencore quits the Tampakan Project

Glencore has finally announced - after much hinting - that it will sell its stake in the troubled Tampakan copper and gold project it inherited from the merger with Xstrata. Once again another large mining multinational has quit the Philippines under sustained campaigning for local (indigenous) rights and the environment. This move has long been rumoured - partly thanks to the company's policies of not favouring greenfield copper mining projects - but the fierce local opposition to the project certainly played a part in the decision.
LMN, BHP and UCL

LMN, BHP and UCL

  Photo: Jo Syz There was a lively demo outside yesterday’s BHP Billiton AGM in London to support our friends from Colombia and Indonesia who attended the AGM to confront the company with the impacts of its operations in their countries. Photo: Jo Syz We...