London Mining Network

Holding the mining industry to account

New PLATFORM report reveals RBS is UK bank most involved in financing loans to tar sands companies

Tar sands extraction in Canada is devastating Indigenous communities, wildlife and vast areas of boreal forests, as well as being many times more carbon-intensive to produce than ‘conventional’ oil.
“We are seeing a terrifyingly high rate of cancer in Fort Chipewyan where I live. We are convinced that these cancers are linked to the Tar Sands [...]

The impacts of uranium mining on indigenous communities

Uranium mining speculation lacks comprehensive health and safety regulations while the ethics of Canadian exported uranium, which can lead to depleted uranium used in zones of war, needs greater scrutiny. Abandoned uranium mines and the subsequent hazards experienced in forgotten communities have also been virtually ignored in Canada leading to tragic, unmitigated circumstances.
See http://www.pej.org/html/modules.php?op=modload&name=News&file=article&sid=8041&mode=thread&order=0&thold=0.

Western Shoshone return to court, citing violations by Barrick Gold

Last December, Western Shoshone plaintiffs won a court stay on expansion by Barrick Gold of its major Cortez gold mine in Nevada, citing environmental violations. Since then, the company has proceeded with the project after allegedly failing to implement many of the conditions laid down by the court. The tribes are now calling for the [...]

Nuclear Does Not Make Economic Sense Say Studies

The enormous technical and financial risks involved in the construction and operation of new nuclear power plants make them prohibitive for private investors, rebutting the thesis of a renaissance in nuclear energy, say several independent European studies.
See http://news.infoshop.org/article.php?story=20100214021312961.
No Major Nuclear Revival by 2030, Says CIGI Report, Ottawa
A significant expansion of nuclear energy worldwide is unlikely [...]

Do leopards change their spots?

Commentary on Goldcorp by Diana Mills, Latin American Mining Monitoring Programme
Goldcorp is a Canadian company but among its major investors are British-based AXA Investment Managers UK Ltd (US$4.3 million), Blackrock Commodities Income Trust plc, and City Natural Resources High Yield Trust PLC, according to the document From Money to Metals by mining researcher Roger Moody. [...]

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