Posts tagged "Gold"

Amungme leader warns Freeport it could be closed down

The vast Grasberg copper-gold mine in Indonesian-occupied West Papua is a continuing source of tension between the Indonesian government and those campaigning for West papuan independence. London-based Rio Tinto helped to finance the mine’s expansion …
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Xstrata knocked back in Philippines

Efforts to bring the massive Tampakan copper-gold project to commercial phase suffered a major blow after the Department of Environment and Natural Resources rejected the proponent’s application for an environmental compliance certificate (ECC).

Documents obtained …
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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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Protests over Newmont mine resume in Peru

About 1,000 people marched in the Andean city of Cajamarca against the gold mine proposed by the U.S. miner and its Peruvian partner, Buenaventura.

See http://www.minesandcommunities.org/article.php?a=11408&l=1.

Among investors in Newmont are UK-based Blackrock World …
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BHP’s toxic legacy continues at Ok Tedi

When BHP Billiton pulled out of the Ok Tedi mine in Papua New Guinea, it was because it recognised that the mine should never have been constructed in the way it was – with riverine …
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Rio Tinto panned over Olympic medals

Will London 2012 sponsors BP, Dow, EDF and Rio Tinto tarnish the Olympic brand?

In just seven months London opens its doors to the world for the ‘greatest show on earth’ and while the 2012 …
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Rio Tinto says it’s not pursuing full takeover of Ivanhoe

Rio Tinto Group, the world’s third-biggest mining company, said it won’t seek full control of its Mongolian project partner Ivanhoe Mines Ltd. after an arbitrator ruled in its favor in a shareholding dispute.

See http://business.financialpost.com/2011/12/13/rio-tinto-says-its-not-pursuing-full-takeover-of-ivanhoe/
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Mining: Growing backlash against groups who are ‘minting it’

The [gold] informal rush is indicative of a broader problem with the country’s mining sector – the sense that foreign companies have minted it from their concessions delivering few benefits either to the Ghanaian economy …
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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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OAS Human Rights Commission withdraws demand for Marlin Mine closure

The Inter-American Commission on Human Rights (IACHR) of the Organization of American States has notified the Guatemalan government that the IACHR has withdrawn its demand that Guatemala close Goldcorp’s Marlin Mine.

See http://www.mineweb.com/mineweb/view/mineweb/en/page72068?oid=141942&sn=Detail&pid=92730.

See …
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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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LMN groups and others send protest letter to President of Peru

There have been strong protests in the Cajamarca region of Peru with huge demonstrations, road blocks and occupation of the Conga gold mine site belonging to Yanacocha/Newmont. This resulted in police shooting unarmed protesters on …
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