Posts tagged "Kalimantan"

BHP Billiton threatens to shift multi-billion coal investment to Indonesia

Australia’s main mineworkers union may soon win effective control of Queensland’s coal fields, the world’s largest single source of coking coal. If this happens,  BHP Billiton has threatened to shift a planned Aus$10 billion coal …
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Borneo mines lure Rothschild into the wild

It was supposed to be a union of two legendary business dynasties, one West, one East. Nathaniel Philip Rothshild, the 40-year-old scion of the storied European banking family, forged a deal a year ago with …
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BHP Billiton AGM protest, London, 20 October 2011

BHP Billiton AGM protest, London, 20 October 2011

Protesters from the Occupy LSX demonstration marched from St Paul’s cathedral to join anti-nuclear campaigners, supporters of London Mining Network member group Colombia Solidarity Campaign and others outside yesterday’s BHP Billiton AGM. See short video at …
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BHP posts mining industry’s biggest-ever profits

But the “Big Australian” is dogged by criticism

It’s currently one of the most successful companies anywhere, with a market capitalisation that puts it among the world’s top five corporations.

But, as London-listed BHP Billiton …
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Churchill Mining loses appeal in Indonesia

London-based Churchill Mining plc has lost an attempt to overturn a court’s revocation of mining licences held by the company in East Kalimantan. The company plans to appeal further.

See http://www.iii.co.uk/investment/detail/?display=news&code=cotn:CHL.L&action=article&articleid=8333086.…
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Indonesia Finally Signs Forest Clearing Moratorium

BHP Billiton project may be at risk

In a broadly welcome move, the Indonesian government has introduced a moratorium on the issuing of new permits for forest felling in the country. However, critics say it …
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Indonesian Green Activist addresses Rio Tinto Shareholders in London

Nostromo Research

14 April 2011 

LONDON -Chalid Muhammad, one of Indonesia’s leading Green activists, attended the Annual Shareholders Meeting of the Rio Tito mining corporation, held in London today (April 14 2011).

Chalid had flown …
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Will BHP Billiton’s shameful Indonesian mining legacy finally be addressed?

In 1860 a Dutch company secured “rights” to mine tin from two of the largest deposits of their kind, on the Indonesian tropical islands of Bangka and Belitung. That company – Billiton – didn’t withdraw …
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Protests against BHP Billiton at Australian AGM

Anglo-Australian mining giant BHP Billiton held its Australian AGM in Perth, Western Australia, on Tuesday 16 November.

The company came in for strong criticism on a number of issues and was presented with an alternative annual …
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BHP Billiton: new chair, same old story

At today’s London AGM of the world’s biggest mining company, BHP Billiton, new company chair Jac Nasser and CEO Marius Kloppers spoke at length about climate change. They explained that the company fully accepts the …
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BHP Billiton: other sides to the story

BHP Billiton presnted its annual report to shareholders at its London AGM on 21 October. At a meeting the evening before, London Mining Network presented BHP Billiton 2009-10 – other sides to the story: case
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Report on the London AGM of Rio Tinto, 15 April 2010

Introduction

This was Jan du Plessis’ first AGM as Chairman, and he gave plenty of time for questions on the annual report. There were numerous questions on the convictions of Rio Tinto officials in China …
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