Benchmarks report on De Beers
The South African Benchmarks Foundation has produced a report on the activities of De Beers in Botswana and on South Africa’s west coast. London-based Anglo American plc owns 45% of De Beers.
See http://www.bench-marks.org.za/ and click on the repots listed on the right hand side of the home page.
De Beers slammed on Botswana mines
De Beers’ diamond mining activities in Botswana have failed to generate benefits for communities in the areas where it operates, according to a hard-hitting report compiled by the Bench Marks Foundation. The report…focuses on…Debswana [joint venture De Beers, Govt of Botswana]. It describes this arrangement as a “marriage”, which…exists “at the expense of communities, human [...]
The unplumbed riches of the deep
In the world of seabed geology, if a sulphide deposit is massive, it is not necessarily big, but formless and rich in metals. As it happens, seafloor massive sulphides are also huge—at least they were until recently. The collapse in commodity prices last year has diminished them a bit, but many expect their popularity to [...]
Diamonds are for sovereign wealth? Don’t bank on it
Over the past several months, global demand for diamonds has plummeted. Now, the world’s biggest diamond mining company, De Beers (45% owned by London-listed Anglo American) is trying to boost sales by persuading a new breed of investors – including state sovereign wealth funds – that diamonds act as a “safe haven investment”, like gold. [...]
LMN submission to UK Parliament’s Joint Committee on Human Rights
The UK Parliament’s Joint Committee on Human Rights (JCHR) called in March for evidence to be presented to an inquiry into business and human rights. The JCHR’s call for evidence is posted below London Mining Network’s submission.
1 May 2009
Submission to the Joint Committee on Human Rights inquiry into business and human rights
The role of London-based [...]
