Labour groups rally around locked out Rio Tinto borax miners
The 600 workers were shut out of the world’s second largest borax mine on January 31 after a five month contract dispute with Rio Tinto.
See http://www.minesandcommunities.org/article.php?a=9945.
Two analyses of developments in the mining industry by Barry Sergeant of Mineweb
Both articles analyse the relative strengths and weaknesses of companies across set time-frames. The first of them deals with how much companies have returned to investors over the last decade of the so-called ’super-cycle’. Note BHP Billiton led by returning almost $30 billion to shareholders, followed by Ango American at $20 billion. The second reviews [...]
Ministry Blasts ‘Illegal’ Freeport Mining
The increasingly frustrated Indonesian Ministry of Forestry has issued a second warning to mining giant PT Freeport Indonesia for not obtaining a permit to mine in protected forest areas. London-listed Rio Tinto helped to finance expansion of Freeport’s massive Grasberg mine in Indonesian-occupied West Papua and continues to profit from it. Forestry Minister Zulkifli Hasan [...]
Big miners want more flexibility
RESOURCE sector employers have urged Kevin Rudd and Tony Abbott to immediately release policies supporting major changes to the nation’s workplace laws, warning that the status quo would entrench third-party interference at the expense of productivity. While pushing Labor to make changes, the Australian Mines and Metals Association — on behalf of companies including BHP [...]
Australian regulator wants more time to review Rio/BHP JV
Australia’s competition regulator has asked for additional information before it makes a decision on whether or not the proposed $116bn iron ore joint venture between Rio Tinto and BHP Billiton may go ahead.
See http://www.mineweb.com/mineweb/view/mineweb/en/page39?oid=98948&sn=Detail&pid=92730.
