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	<title>London Mining Network</title>
	<link>http://londonminingnetwork.org</link>
	<description>Holding the mining industry to account</description>
	<lastBuildDate>Tue, 09 Mar 2010 15:05:26 +0000</lastBuildDate>
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	<item>
		<title>Universities Superannuation Scheme faces ethical dilemma over strip-mining operation</title>
		<description><![CDATA[Investment by the Universities Superannuation Scheme in a British mining company could damage an ancient forest sacred to an Indian tribe, activists say.
Survival International, a charity that supports tribal peoples, has been lobbying the main pension provider for academics to pull its investment from Vedanta for two years.
The company plans to open a bauxite mine [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/universities-superannuation-scheme-faces-ethical-dilemma-over-strip-mining-operation/</link>
			</item>
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		<title>Vedanta takes on critics of mining at India tribal site</title>
		<description><![CDATA[London-based resource giant Vedanta has decided to take on its critics who have been attacking from all sides over its plans to mine an area in India held sacred by a tribal group.
See http://news.yahoo.com/s/afp/20100304/wl_sthasia_afp/indiabritainminingvedantarights.
]]></description>
		<link>http://londonminingnetwork.org/2010/03/vedanta-takes-on-critics-of-mining-at-india-tribal-site/</link>
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		<title>Indian Environment Minister to review Vedanta clearances</title>
		<description><![CDATA[Ramesh to review Posco, Vedanta clearances

Controversy-prone Indian minister for environment and forests Jairam Ramesh has now decided to review the forest clearances granted to Posco and Vedanta Resources. Both the giant Korean firm (Pohang Steel Company) and the UK-based Vedanta Resources have been pressing to start mining operations in Orissa. Their efforts have been stalled [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/indian-environment-minister-to-review-vedanta-clearances/</link>
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		<title>Vedanta raises Rs 17,000 crore debt for Orissa project</title>
		<description><![CDATA[Vedanta Aluminium, a subsidiary of the billionaire Anil Agarwal-promoted Vedanta Resources, has raised a Rs 17,000-crore debt for its ongoing project in Orissa to increase its fully-integrated aluminium smelting capacity. (One crore is equivalent to ten million. 17,000 crore rupees is equivalent to nearly £2.5 billion sterling.)
See http://www.business-standard.com/india/news/vedanta-raises-rs-17000-cr-debt-for-orissa-project/386782/.
]]></description>
		<link>http://londonminingnetwork.org/2010/03/vedanta-raises-rs-17000-crore-debt-for-orissa-project/</link>
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		<title>INDIA: Indigenous Groups Step Up Protests Over Mining Project</title>
		<description><![CDATA[Indigenous Dongria Kondhs trekked to Niyam Dongar hill, the abode of their presiding deity Niyam Raja, and designated it as inviolate, meaning that they were stepping up their resistance to a controversial alumina refinery and bauxite mine project. They carried out religious rituals to Niyam Raja – the sacred dispenser of law – and then [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/india-indigenous-groups-step-up-protests-over-mining-project/</link>
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		<title>Labour groups rally around locked out Rio Tinto borax miners</title>
		<description><![CDATA[The 600 workers were shut out of the world&#8217;s second largest borax mine on January 31 after a five month contract dispute with Rio Tinto.
See http://www.minesandcommunities.org/article.php?a=9945.
]]></description>
		<link>http://londonminingnetwork.org/2010/03/labour-groups-rally-around-locked-out-rio-tinto-borax-miners/</link>
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		<title>New PLATFORM report reveals RBS is UK bank most involved in financing loans to tar sands companies</title>
		<description><![CDATA[Tar sands extraction in Canada is devastating Indigenous communities, wildlife and vast areas of boreal forests, as well as being many times more carbon-intensive to produce than ‘conventional’ oil.
“We are seeing a terrifyingly high rate of cancer in Fort Chipewyan where I live. We are convinced that these cancers are linked to the Tar Sands [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/new-platform-report-reveals-rbs-is-uk-bank-most-involved-in-financing-loans-to-tar-sands-companies/</link>
			</item>
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		<title>London-listed companies and the earthquake in Chile</title>
		<description><![CDATA[London-listed Anglo American, BHP Billiton and Xstrata are all involved in copper mining in Chile.
Chile copper mines, ports recover

All but one of Chile&#8217;s biggest copper mines hit by the massive weekend earthquake had restored operations by Monday, but persistent power supply problems threatened to restrict production rates.
See http://www.reuters.com/article/idUSTRE61R2WL20100301.
Anglo American&#8217;s earthquake-related copper losses less than 1,500t

Multinational [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/london-listed-companies-and-the-earthquake-in-chile/</link>
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		<title>BHP embroiled in Falklands row</title>
		<description><![CDATA[Argentina&#8217;s ambassador to Australia says mining group BHP Billiton will face business sanctions if it pushes ahead with oil exploration in Falklands waters. BHP has a licence to explore off the Falkland Islands and is scheduled to start doing so in the next four months. But Ambassador Pedro Villagra says if the company proceeds, their [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/bhp-embroiled-in-falklands-row/</link>
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		<title>Two analyses of developments in the mining industry by Barry Sergeant of Mineweb</title>
		<description><![CDATA[Both articles analyse the relative strengths and weaknesses of companies across set time-frames. The first of them deals with how much companies have returned to investors over the last decade of the so-called &#8217;super-cycle&#8217;. Note BHP Billiton led by returning almost $30 billion to shareholders, followed by Ango American at $20 billion. The second reviews [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/two-analyses-of-developments-in-the-mining-industry-by-barry-sergeant-of-mineweb/</link>
			</item>
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		<title>How Sustainable Is &#8216;Socially Responsible&#8217; Mining?</title>
		<description><![CDATA[In the ten years since the mining industry has gone &#8220;responsible,&#8221; have things really improved for local communities&#8211;or has the industry&#8217;s PR just got better? (Mentions Vedanta, Monterrico Metals).
See http://www.thenation.com/doc/20100301/kennard?rel=emailNation.
]]></description>
		<link>http://londonminingnetwork.org/2010/03/how-sustainable-is-socially-responsible-mining/</link>
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		<title>Tanzanians more cursed than blessed</title>
		<description><![CDATA[In this opinion piece the author asks whose interests drive the government and politicians in Tanzania and who is at the heart of policy development and formulation when mining corporations enjoy a better relationship with politicians than their electorates do? He argues that mining companies and government Ministers have missed an opportunity &#8220;to repair the [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/tanzanians-more-cursed-than-blessed/</link>
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		<title>Cerrejon Coal joins Global Business Initiative on Human Rights (GBI)</title>
		<description><![CDATA[GBI has formally announced that the Initiative&#8217;s core group of members will be joined by Colombian mining company Cerrejon Coal, a joint venture of London-listed Anglo American, BHP Billiton and Xstrata.
GBI states that its aim is to advance human rights in business around the world. Core membership of the Initiative now includes: ABB, Cerrejon, Flextronics, [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/cerrejon-coal-joins-global-business-initiative-on-human-rights-gbi/</link>
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		<title>Barrick in trouble over Pascua Lama project</title>
		<description><![CDATA[Huascoaltinos claim over Pascua Lama deemed admissible by the Inter-American Court of Human Rights

The Inter-American Commission on Human Rights (IACHR) has acknowleged that the Chilean state may have committed violations of rights, enshrined in the American Convention on Human Rights, when it approved Barrick Gold&#8217;s Pascua Lama mining project.
&#8220;The Pascua Lama project, as occupying part [...]]]></description>
		<link>http://londonminingnetwork.org/2010/03/barrick-in-trouble-over-pascua-lama-project/</link>
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		<title>The Sun supports the Dongria Kondh, attacks Vedanta</title>
		<description><![CDATA[Tribe&#8217;s fight to save their Pandora
British tabloid The Sun has joined those comparing the story of James Cameron&#8217;s film Avatar to that of the Dongria Kondh people resisting London-based Vedanta Resources in the Niyamgiri Hills in the Indian state of Orissa.
See http://www.thesun.co.uk/sol/homepage/showbiz/film/2880779/Oscars-week-The-real-life-story-like-that-in-Avatar.html.
]]></description>
		<link>http://londonminingnetwork.org/2010/03/the-sun-supports-the-dongria-kondh-attacks-vedanta/</link>
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