News Archive

Peru’s Conga Mine Conflict: Cajamarca Won’t Capitulate

The fight over the Conga mining project is one of Peru’s largest current social conflicts. Today, the local population continues resisting the imposition of one of Latin America`s largest gold mining projects – Minas Conga. The situation remains tense, and the resistance continues, but with an intensified sense of urgency because as the battles are won and lost, many feel that the conflict is nearing its conclusion. The project is controlled by Newmont, a US company with British investment: among investors in Newmont are UK-based Blackrock World Mining Trust and AXA Investment Managers UK.

Local Protesters Are Killing Big Oil and Mining Projects Worldwide

Multinational corporations are infamous for pushing native people off their land in order to open a new gold mine, extract oil, or otherwise extract local resources. For decades, backlash has been thought to be both limited and ineffectual, but new evidence suggests that protests from local people are effective, extremely costly for the companies, and often lead to substantive changes to or total abandonment of a project.

Philippines: Earth Day protests focus on mining

Earth Day celebrations in the Philippines focused on mining. At Glencore Xstrata's much disputed Tampakan mine, one of the civil society opponents of the mine has been arrested (or abducted) allegedly for being a member of the communist New Peoples' Army. The charge that is vehemently denied, and such accusations are a regular method of discrediting, and intimidating, those who oppose the project.

Uranium mine leaks dominate Australian Rio Tinto AGM

Rio Tinto held its second AGM in Melbourne, following the London meeting. Unsurprisingly, an issue that was only raised at the end of a busy London meeting - the problems at ERA's Ranger mine in Kakadu - received much greater interest in Australia. However, the company position, of refusing to step in to assist ERA if there were problems with rehabilitation, remained the same. Not long after the AGM the mine suffered a further set back when a ventilation shaft collapsed at the Ranger mine.

Pressure mounts on investors in coal

There is mounting pressure on those who continue to invest in coal. Stanford University has succumbed to a student campaign, joining a growing number of US colleges which have divested from coal companies. Shareholders at the Bank of America AGM considered a resolution requesting the bank to report carbon emissions stemming from financing of carbon-intensive industries. The resolution focussed on the potential for "stranded assets" resulting from a changing climate, but the more direct environmental impacts were also raised. Australia is set to close yet more mines as coking coal prices have slumped to six-year lows.

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