London Mining Network

Holding the mining industry to account

Goldcorp staff face criminal charges over mine pollution after CAFOD investigation

Authorities in Honduras have filed criminal charges against senior officials of Entremares – a wholly-owned subsidiary of mining giant Goldcorp – based on evidence from aid agency CAFOD of severe water contamination. The data gathered at the San Martin gold mine in the Siria Valley area of Honduras revealed dangerously high acidity and metal concentrations [...]

Bribery Act: All parties rally behind landmark new law to fight corruption

Passage of the Bribery Act is particularly  interesting in the wake of the convictions of Rio Tinto officials in China for bribery. In the final days of business before the General Election, Parliament has passed new anti-bribery legislation, sending an unequivocal message that bribery by British companies will not be tolerated at home or abroad. [...]

CAFOD calls on mining giant AngloGold Ashanti to share its contract with local community

CAFOD welcomes the news that the review of mining company AngloGold Ashanti’s contract in the Democratic Republic of the Congo (DRC) has been concluded after almost three years of negotiations. The Catholic agency stresses the need for the publication of the contract and its amendments and calls on AngloGold Ashanti to share it immediately with [...]

C of E sells shares in Vedanta after pressure from campaigners

The Church of England has disinvested from the controversial mining company, Vedanta Resources, after sustained pressure from campaigners, including many Christian groups. Vedanta was just one of a number of investments in mining companies which the Church of England still holds. Both the Church of England and the Methodist Church hold shares in Anglo American, [...]

Golden Opportunity or False Hope?

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 http://www.cafod.org.uk/content/download/106612/1178506/version/1/file/DRC_reportEN.pdf or  http://www.bench-marks.org.za/research/DRC_reportEN.pdf.

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