Opponents of Anglo American subsidiary to be sentenced
Jubilee South Africa Press Statement 30 August 2010 Sekiming activsts who stood up to Anglo Platinum and its Section 21 company will be sentenced on 1 September 2010. Sixteen community members in Sekiming have been convicted of “public violence” related to a community protest against Sekiming Section 21 company members and a contractor [...]
London-listed investors losing confidence in the South African mining rights system
South Africa’s handling of two disputed mine right awards has damaged the resource-rich country’s reputation and raised investor concerns over transparency and governance. Kumba Iron Ore, a unit of Anglo American, and Lonmin have said the government deprived them of mining rights when it awarded prospecting licences, some to people linked to high-ranking officials, over [...]
Colombia’s Cerrejon: four contractors die in accident
Colombia’s biggest coal exporter Cerrejon said on Thursday that four contractors had been killed and 12 others injured while repairing a coal-storage silo in the Andean nation. See http://www.alertnet.org/thenews/newsdesk/N05169475.htm and http://laht.com/article.asp?ArticleId=361947&CategoryId=12393.
DanWatch report on social & environmental impacts of Cerrejón coal mine in Colombia
In May 2010 DanWatch issued a report on the alleged negative social & environmental impacts of the Cerrejon coal mine in northern Colombia, which supplies coal to DONG Energy and Vattenfall. Lawyer Armando Perez, working on behalf of the community of Tabaco, which was forcibly removed for mine expansion in 2001, has written a letter [...]
Big miners expected to deliver strong results
While investors expect a more cautious tone to be sounded for the second half by the likes of Vale, Anglo American and Rio Tinto, strong demand from Asia is expected to have boosted first half earnings. See http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=108765&sn=Detail&pid=92730.
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