London Mining Network welcomes announcement of parliamentary enquiry into extractives companies

21 May 2013

Reacting to news that Parliament will this week consider whether to probe the transparency of oil and mining firms listed in London, Richard Solly, the Co-ordinator of London Mining Network, said:

“London …
Read more

Colombian community organizations call on AngloGold Ashanti to keep out of Tolima

ibague-march1

October 2012 protest against AngloGold Ashanti’s La Colosa project

In an open letter to AngloGold Ashanti shareholders timed to coincide with the company’s May 13 AGM in South Africa, an alliance of organizations in Colombia list …
Read more

Scandals at Bumi and ENRC lead investors to call for change in London listing rules

London Mining Network has long called for stricter oversight of mining companies listed in London: see our report and recommendations at http://londonminingnetwork.org/docs/lmn-the-case-for-stricter-oversight.pdf.

Rethink London listing rules after ENRC: top investor

The Government and regulators …
Read more

Report asking for Free Prior Informed Consent to become a reality launched in London

fpic-report-cover

There is now a growing acceptance of the requirement for indigenous peoples’ Free Prior Informed Consent (FPIC) in many industries, including the extractive industries. This has been reflected by its incorporation into policies of an …
Read more

Canada: Indigenous rights are the best defence against Canada’s resource rush

tarsands

Photo of Alberta tarsands “development”: Northern Rockies Rising Tide

If it’s only a social movement that can change the power equation upholding the official’s stance, then the Idle No More uprising may be it.

Triggered …
Read more

Big changes at Glencore Xstrata

Glencore woos investors with promise of aggressive cuts

Glencore Xstrata told investors it would return excess cash, slash costs and might sell unwanted assets, raising expectations it would easily exceed planned synergies of $500 million …
Read more

Sick miners ask Anglo American for details of defence

THE long-awaited hearing in which 10 former Anglo miners with silicosis and silico-tuberculosis are seeking compensation began on Friday with an application to compel Anglo American to provide more details of its defence. The Legal …
Read more

Australia: five billion dollar coal export project shelved

A COAL export terminal worth $5 billion in New South Wales which would have created 1500 jobs has been put on hold after Hunter Valley coal producers pushed to reduce contract tonnages as market conditions …
Read more

Australian uranium industry’s poor record demands inquiry

Australia’s uranium industry is a minor contributor to employment and the economy, a major source of domestic and international risks and is overdue for an independent inquiry into its effects on the environment, health, safety …
Read more

US watchdog warns Anglo American’s Alaska project could cause ecological damage

The proposed Pebble gold and copper mining project in Alaska’s Bristol Bay region could inflict widespread ecological and environmental damage, according to a revised study by the US Environmental Protection Agency (EPA).

The revised assessment …
Read more

Philippines: The Assault on the Mining Act Continues

Lie_down_protest_Surigao_City_Philippines

Lie down protest in front of government mining offices, Surigao City, on Earth Day 2013. Photo: Roel N. Catoto, Mindanews

The challenge continues to be made to the constitutionality of the benefit sharing parts of …
Read more

Zambia corners mining companies to stop tax evasion

Africa’s biggest copper producer, Zambia, is planning to repatriate foreign currency made from exports back to the country in an effort to crack down on tax evasion, mainly in the mining sector, reports Financial Times.…
Read more