One of India’s most ancient tribes is facing a renewed threat of destruction after a fresh legal bid was launched by the State Government to open its ancestral lands to exploitatio n by a British-based mining giant.
Mining and commodities giant Glencore has instructed Magic Circle firm Freshfields Bruckhaus Deringer to sue Colombia over claims the government sought to revoke parts of a coal mining license. Glencore, which in March reported a 32% drop in annual profits after being hit by weak commodity prices, has filed an arbitration claim at the International Centre for Settlement of Investment Disputes (ICSID) in Washington DC over claims the Colombian government has sought to revoke parts of an amended concession agreement signed with government in 2010 to expand the mine.
Nautilus Minerals is making final preparations to begin seafloor mining of hydrothermal vents near Papua New Guinea in 2018. One of the major shareholders in Nautilus Minerals is Anglo American.
Nautilus Minerals is making final preparations to begin seafloor mining of hydrothermal vents near Papua New Guinea in 2018. One of the major shareholders in Nautilus Minerals is Anglo American.