Posts tagged "iron ore"

Goan farmers fear environmental disaster, courtesy Vedanta

London-listed Vedanta Resources’ iron ore subsidiary, Sesa Goa, is the biggest mining company in India’s internationally-renowned “holiday state”. Most tourists are blissfully unaware of the company’s impacts. But, for many Goan farmers, the massive overburden …
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West Africa emerging as the new Pilbara

West Africa is emerging as the next significant iron-ore province after Australia’s rich Pilbara and is attracting the attention of global majors and the Chinese, says the London-Aim-listed West African Minerals. Major diversified miners …
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African Minerals condemned in Sierra Leone

NATURAL RESOURCE GOVERNANCE AND ECONOMIC JUSTICE (NaRGEJ) PLATFORM – SIERRA LEONE

AS CONFLICT BREWS IN BUMBUNA, CIVIL SOCIETY DEMANDS IMMEDIATE GOVERNMENT ACTION PRESS RELEASE Freetown, Wednesday, 9th May, 2012. We, the civil society organisations working …
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Vedanta charges ahead in India

London-listed Vedanta Resources has yet again fallen foul of Indian law.  Its Sesa Goa subsidiary is finally to be prosecuted for alleged fraud connected with iron ore trading. Meanwhile, residents in Goa itself accuse Vedanta …
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London Calling muses on the future of Mining’s Giants

Two of the world’s three biggest mining companies – BHP Billiton and Rio Tinto – are currently “dialing down their risks and the pace of their previous dash for growth”. This is in order that …
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Vedanta casts more oil on troubled Indian waters

Ever since its triumphant listing on the London Stock Exchange in December 2003, Vedanta Resources has moved several big steps forward, yet suffered several setbacks at the same time.

Last month, the company announced it …
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Worker riot at African Minerals’ Sierra Leone mine turns deadly

Two days of rioting over pay by workers from London-listed African Minerals’ Sierra Leone mine have left one woman dead and at least six injured, witnesses and medical staff said. The company said operations had …
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Vedanta’s PR Campaign Backfires in India

On a recent visit to Bhubaneswar, the capital of the large eastern state of Odisha, I found the airport plastered with advertisements and slogans expressing the nurturing, socially conscious side — caring for the poor, …
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Brazil historic site could trip up big Anglo mine

Anglo American’s plans to open its largest ever iron ore mine have stumbled over new rulings that will delay preparations to build the mine until it is deemed safe for an archaeological site within its …
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BlackRock reduces BHP Billiton stake to 6.5% – paper

Investor BlackRock has reduced its weighting in BHP Billiton to 6.5% from as high as 10% on concern over near-term returns as the miner pursues a long-term growth strategy.

See http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=148393&sn=Detail&pid=92730.

 …
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Rio wields the diamond blade

About three months after BHP Billiton announced it was reviewing the future of its diamonds business with a view to selling it, Rio Tinto has followed suit with its own strategic review. The decisions of …
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Vedanta’s girl has got the “X Factor”!

Vedanta Resources’ cynical campaign, to create an impression of “happiness” among communities impacted by its destructive activities, has been widely ridiculed. Now, it turns out that Vedanta’s supremo, Anil Agarwal, has been grooming his own …
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