Barack Obama rejected the controversial Keystone tar sands pipeline last Wednesday, making good on a promise not to give in to a Republican ultimatum on the project.
See http://www.no-tar-sands.org/2012/01/huge-victory-obama-kills-keystone/.
Rio Tinto Initiates Lockout in Canada
Rio Tinto Alcan, an aluminium-production unit of Anglo-Australian mining giant Rio Tinto, locked out about 800 union workers at a Quebec smelter.
See http://online.wsj.com/article/SB10001424052970203550304577136533843111036.html.
Rio Tinto wraps up Hathor takeover
Rio Tinto Ltd has taken complete ownership of Canadian uranium company Hathor Exploration. Rio on Thursday said it had compulsorily acquired a remaining 7.9 million shares not voluntarily offered after it made a $C654 million …
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Radicals working against oilsands, Ottawa says
Environmental and other “radical groups” are trying to block trade and undermine Canada’s economy, Natural Resources Minister Joe Oliver said Monday.
Oliver’s comments came one day before federal regulatory hearings began on whether to approve …
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IACHR’s lenience towards Goldcorp is criticised by NGOs
Goldcorp is a Canadian company. Among its major investors are British-based AXA Investment Managers UK Ltd., Blackrock Commodities Income Trust plc and City Natural High Yield Trust plc.
The Inter-American Commission on Human Rights (IACHR), …
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DRC dispute disentangled: ENRC and FQM agree settlement
London listed miner, Eurasian Natural Resources Corporation Plc (ENRC) and Canada’s First Quantum Minerals Ltd (FQM) have resolved a rumble in the jungle with a US$1.25bn settlement for disputed mining assets in the Democratic Republic …
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Is Greece now desperate enough to allow gold mining?
When investors hear the word “Greece” these days, they usually run for cover. But Eldorado Gold Corp. had the opposite reaction, as the austerity and economic misery actually made the country a more attractive place …
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Rio wants Canada’s uranium legal controls lifted
Rio Tinto’s chief executive Tom Albanese said that he would lobby Canada to ensure it was the operator of the Roughrider uranium project in Saskatchewan, despite legal hurdles, after its successful takeover of Hathor.
At …
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Patagonia goes Canadian
“It has taken about a year, but on Wednesday shares of Patagonia Gold PLC will be listed on the Toronto Stock Exchange” noted Barry Critchley in the Canadian Financial Post (FP).
But despite having a …
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Canadian Indigenous Peoples to fight tarsands pipeline
Aboriginal groups in the Canadian Pacific province of British Columbia said on Thursday they had formed a united front to oppose all exports of crude oil from the Alberta tar sands through their territories.
See …
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UK secretly helping Canada push its oil sands project
The UK government has been giving secret support at the very highest levels to Canada’s campaign against European penalties on its highly polluting tar sands fuel, the Guardian can reveal.
At the same time, the …
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