Experts and activists in Peru complain that while mining corporations are cashing in on soaring metals prices, they continue to enjoy exemption from royalties and corporate taxes, if they reinvest their profits. Legal stability contracts that locked in the tax status...
Northern Chile’s region I environmental regulator Corema approved an EIA for copper miner Minera Doña Inés de Collahuasi’s US$750mn expansion project, aimed at increasing ore processing capacity by 20% to 170,000t/d from the current 140,000t/d, the company...
The Frieda copper gold project in the Sandaun Province of Papua New Guinea is shaping up as one of the largest open-pit greenfield copper projects in the world, according to Highlands Pacific managing director John Gooding. “As last year’s kilometre long...
ICEM Pledges Support to Locked-Out Rio Tinto Workers in US State of California The Geneva, Switzerland-based International Federation of Chemical, Energy, Mine, and General Workers’ Unions (ICEM) announces that it gives its unequivocal support to the 560 miners of US...
Last year, the world’s biggest mining company announced it would sell out of a major coal project in the rainforests of Indonesian Kalimantan. Don’t for a moment think that BHP Billiton was influenced by criticisms of its role in boosting global greenhouse...
Rio Tinto and BHP Billiton may together soon comprise the world’s most important iron ore mining group. Late last month, BHP announced it would be spending nearly US$2 billion to boost its iron business in Australia. At the same time, it plans to move into...
Papua New Guinea’s Morobe Joint Venture mine is owned by Harmony and Newcrest. It has a chequered history, having been explored, tested and controlled by Rio Tinto-CRA until 1998. Villagers near the mine report that all fish have disappeared from their rivers,...
Mining giant Anglo American has more than halved the number of fatalities at its operations in three years, chief executive Cynthia Carroll said. She said that when she took over the post, Anglo’s safety record was “simply unacceptable”. Following a...
Updated Mineral Resource Estimate Confirms the Pebble Project as North America’s Most Important New Copper-Gold-Molybdenum Development Opportunity Northern Dynasty Minerals Ltd announces that the Pebble Limited Partnership (“PLP” or the “Pebble...
Nineteen mining companies, one of them China-linked, have agreed to use their combined influence to reduce poverty and foster development. All members of the London-based International Council on Mining and Metals (ICMM), the 19 said at the Mining Indaba that they had...
The British government will not use taxpayers’ money to subsidize the construction of new nuclear power plants, Philip Hunt, minister of state at the Department of Energy and Climate Change said January 21. See...
AngloGold Ashanti’s proposed gold mine in the Democratic Republic of Congo New report from CAFOD and South Africa’s Benchmarks Foundation AngloGold Ashanti is a South African company with a secondary listing on the London Stock Exchange. See...
