New analysis from Carbon Tracker shows how the growing number of coal mining companies listing in London exposes the financial market to a significant systemic risk. Investors tracking the FTSE AllShare Index are facing increasing …
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London Stock Exchange – occupied by coal
Company plans to mine a billion tonnes of coal off Wales – without miners
The debate over the use of coal in Britain is heating up. Reuters reports a British company, Clean Coal UK, is planning to mine an estimated billion tonnes of coal off the Welsh coast using …
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ICVL ties up with London-based company Anglo American for scouting coal assets
International Coal Ventures, a consortium of Indian state-run entities created to acquire coal assets abroad, has formed a strategic tie-up with Anglo American, a global leader in mining, for scouting for coking coal properties globally.…
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Statement by communities affected by mining in La Guajira, Colombia
A gathering of communities was held in late November and a strong statement isued about the damge done by mining in La Guajira – including by Cerrejon Coal, owned by London-listed Anglo American, BHP Billiton …
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Colombia’s mining boom overshadowed by human rights violations
A report by Peace Brigades International (PBI) declares that Colombia’s current mining boom is overshadowed by human rights violations and mass displacement of residents in mining areas. “80% of the human rights violations that have …
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GCM challenged to pull out of Phulbari coal project
Bangladeshi activists demonstrate against GCM Resources
See Morning Star report on the demonstration organised by the UK Branch of the National Committee for the Protection of Bangladesh’s Oil, Gas, Natural Resource, Power and Ports.
For …
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Anglo American OKs $1.7 billion Queensland project to triple its Australia met coal output
Anglo American has said its board has approved the $1.7 billion Grosvenor metallurgical coal project in Queensland, Australia, which is expected to produce five million tonnes per year over a projected life of 26 years. …
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Vedanta seeks coal mines overseas, to participate in India auction
With India set to auction off as many as 58 coal blocks to the highest bidder, Vedanta has thrown its hat in the ring.
See http://www.mineweb.com/mineweb/view/mineweb/en/page38?oid=141185&sn=Detail&pid=92730.
News from Coal Action Scotland
1. For Peat’s Sake – Save the Glentaggart East bog! – http://coalactionscotland.org.uk/?p=2797
2. Colin Ortlepp: Next to go? – http://coalactionscotland.org.uk/?p=2794
3. Good riddance! Scottish Coal chief exec quits – http://coalactionscotland.org.uk/?p=2789
4. North Ayrshire Council say …
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Who needs coal? Who needs nuclear?
It seems to be a “Hobson’s choice” par excellence! As global climate change talks continued in Durban, South Africa’s leadership was faced with a “conundrum” – does the country continue burning-up the world by depending …
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Silent Protest Held in Support of Communities of Limpopo
Gaia Foundation press release, Thursday 15th December 2011
Yesterday in Central London a silent protest took place outside the General Meeting of Shareholders of Australian mining company, Coal of Africa Ltd (CoAL). The protest was …
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Civil society groups demand global corporations reconsider investment in Coal of Africa mining project.
Yesterday, civil society groups and community members from the Limpopo Province of South Africa sent a letter to over fifty shareholders and potential investors of Coal of Africa (CoAL) demanding that they reconsider their plans …
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