A number of African environmental organisations have condemned next month’s Rio-Plus 20 “Earth Summit” as aimed at “the greening of the existing economic system which is not sustainable”. Among their demands are that African countries...
Rio Tinto is pressing ahead with plans to expand its iron ore business despite concerns about a slowdown in China. Our biggest iron ore producer has shrugged off pessimism over a slowdown in the economic growth of its major customer. Rival BHP Billiton said this month...
Kinross Gold Corp has agreed to sell its stake in the Crixas gold mine in Brazil for $220-million (U.S.) as the miner focuses on key assets, including a massive gold deposit in Mauritania that has come under fire after a major writedown. Toronto-based Kinross, the...
Lisa Nandy MP and John McDonnell MP called yesterday for the British Government’s Financial Services Bill to be amended so that companies wishing to list on UK Stock Exchanges would need to report on their human rights record. Repeated reference was made to...
Press statement from the office of Pauline Latham OBE MP, Member of the International Development Select Committee, Chair of the All Party Parliamentary Group for the Extractive Industries 23/05/2012 Secret mining in the Congo: Integrity of the UK aid programme...
Vedanta Aluminium’s Indian safety record is tarnished: Now it won’t get two prestigious UK awards A subsidiary of controversy-dogged UK mining company Vedanta Resources has suffered not just one – but two – serious setbacks in its attempts to...