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Chilean Hunger Strikers Surpass Day 50, Accusing Mine Company Of Contamination
Eight men and three women have been on a hunger strike for the last 53 days, since Sept. 28, to protest at the dangerous tailings dam situation affecting their community of Caimanes, located in the Coquimbo Region north of Santiago. Organizers explained that the...
Rio Tinto dodges State requirements in the USA
Rio Tinto, through its subsidiary Kennecott Minerals, continues to dodge requirements of Michigan’s Part 632 Mining Law, with the help of the Marquette County Road Commission (MCRC), the Marquette County and City Commissions, and local township boards. See...
New blows to coal in Scotland
Ravenstruther Coal Terminal Shut Down! Ravenstruther coal rail terminal in South Lanarkshire was brought to a standstill when anti-coal protesters descended on to the site and climbed atop machinery. The coal rail terminal owned by Scottish Coal, is the main loading...
Unesco to visit Mapungubwe – concerned about Coal of Africa
Representatives from Unesco will visit the Mapungubwe National Heritage site to assess the impact of mining in the area, the Save Mapungubwe coalition group says. Coal of Africa (CoAL), an Australia-based mining company with a listing on the London Stock Exchange,...
Wandoan Coal Project of Xstrata receives environmental approval
The project is a proposed 30 million tonne per year open-cut thermal coal mine in Queensland's Surat Basin with a total investment, including port and rail infrastructure of about $6b. Wandoan Coal Project executive general manager Stephen Bridger said Xstrata Coal...
Vallar To Buy Stakes In Indonesian Coal Producers For $3 Bln
Mining investment company Vallar plc Tuesday said it intends to buy a 25% stake in Bumi and 75% stake in Berau for a combined consideration of about US$3 billion, in a cash and new Vallar shares deal. As part of the transaction, Vallar will be renamed to Bumi plc....
AngloGold sells B2Gold stake to fund Colombia exploration
The world's third-largest gold-miner, AngloGold Ashanti, announced that it had sold its 10,17% stake in Vancouver-based B2Gold Corporation. AngloGold realised net proceeds of C$70-million from the sale of more than 31-million shares, or its entire holding in the...
Australian Government says mining tax talks are over
The Australian government wrapped up four months of consultation with miners on a planned tax on profits, with Resources Minister Martin Ferguson calling them "constructive" after reports of friction over royalty payments. But the government would not change key...
What will the world's biggest miner do now?
Introduction by mining researcher Roger Moody With a double failure to make a stock market killing in as many months, the world’s biggest mining company is nursing its wounds. But – almost alone among senior mining companies - BHP Billiton now “suffers”, not from...
OECD says Australia should tax all miners
The OECD has supported Australia's controversial proposed mining tax by saying it is fair and efficient and recommended it be imposed on all miners. This affects, among others, London-listed mining giants Anglo American, BHP Billiton, Rio Tinto and Xstrata. See...