Xstrata has advantage in Las Bambas water supply
Anglo-Swiss mining group Xstrata sees few problems related to water in the development of its Las Bambas copper project in southern Peru’s Apurimac region, according to the project’s general manager, Valentin Choquenaira. “We have an advantage when it comes to water in Apurimac. There are six micro basins located exactly where the project is,” Choquenaira [...]
Vedanta in the frame for tax evasion
Around 160 multinationals profit from Mauritius’s status as a tax haven (Tax Justice Network gives Mauritius an “opacity” rating of almost 100%), in order to walk away with billions in undeclared profits. One of the worst of these is Vedanta Resource plc – Zambia’s biggest copper producer and among the wealthiest of UK mining companies. [...]
Rio Tinto in Michigan: Native Americans make a stand and bear the brunt
In 2005, the Keweenaw Bay Indian Community tried to lease the sacred Eagle Rock site from the State of Michigan for ceremonial use. Located in Michigan’s Upper Peninsula near Marquette, Eagle Rock and the surrounding Yellow Dog Plains are part of lands ceded to the tribe for hunting and fishing by an 1842 government treaty [...]
Client Earth report on Rio Tinto
London law firm Client Earth has recently published a critique of Rio Tinto’s corporate reporting in the light of the Companies Act 2006 requirements, comparing Rio Tinto’s record with its reporting, and referring the company to the Financial Reporting Review Panel, which is responsible for ensuring full and honest reporting by UK listed companies. See [...]
Canadian government urged not to support Rio Tinto associate
The Canadian Friends of Burma (CFOB) is deeply concerned by reports that Export Development Canada (EDC), a state owned Crown corporation, intends to give as much as half a billion dollars in public subsidies to Ivanhoe Mines and its Chairman Robert Friedland for a controversial mining project in Mongolia. EDC’s apparent willingness to support Ivanhoe [...]
keep looking »
