London Mining NetworkOrganisational | London Mining Network

What’s London got to do with mining?

Richard — Sat, 05 Mar 2011 16:54:26 +0000

photo by JATAM

Most of the world’s biggest mining companies, and many smaller mining companies, are listed on the London Stock Exchange, including its Alternative Investment Market (AIM). London is the world’s biggest centre for investment in the minerals industry: British high street and investment banks (like Barclays, HSBC, RBS, Citibank and Standard Chartered), pension funds, hedge funds and insurance companies invest hundreds of millions of pounds a year in scores of dubious mining projects across the globe, connecting working people’s earnings in Britain with the fate of mining-affected communities around the world.

The mining industry’s key lobbying organisation, the International Council on Mining and Metals (ICMM), is based in London. So are the world’s most important metals price fixing mechanism, the London Metal Exchange, and the leading precious metals trader, the London Bullion Market Association (LBMA).

Mining is one of the most polluting industries in the world; has a disproportionately negative impact on land-based communities, especially Indigenous Peoples, and is frequently associated with forced evictions, militarisation, conflict and human rights abuses.

Read more on our Mining and London page .

What we do

admin — Fri, 02 Apr 2010 15:51:36 +0000

The London Mining Network (LMN) is an alliance of human rights, development and environmental groups. We pledge to expose the key role of companies listed on the London Stock Exchange, London-based funders and the British Government in the promotion of unacceptable mining projects. Read more on our About page

We’re on Twitter

Richard — Fri, 09 Jan 2009 11:15:57 +0000

So you can get updates from us more easily, we have created a Twitter account which will feature the headlines of anything new we publish here on our site. If you are already on Twitter, or are simply interested to find out what it’s all about, please have a look at our profile.

http://twitter.com/londonmining