Tanzanians more cursed than blessed
In this opinion piece the author asks whose interests drive the government and politicians in Tanzania and who is at the heart of policy development and formulation when mining corporations enjoy a better relationship with politicians than their electorates do? He argues that mining companies and government Ministers have missed an opportunity “to repair the [...]
London Mining plc condemned in Sierra Leone
NB There is no connection between London Mining plc and London Mining Network!
National Advocacy Coalition on the Extractives (NACE), Sierra Leone
MEDIA RELEASE
Freetown, 4 March 2010
Dangerous draft mining contract about to be enacted, NACE warns
A mining agreement between the government and UK-based Company, London Mining, contains numerous concessions to the company which contravene the new Minerals [...]
Robbing Africans
An African faith coalition publishes a detailed examination of the ways in which citizens are defrauded of mining profits. The document refers particularly to AngloGold Ashanti, which has a subsidiary listing on the London Stock Exchange, and to Konkola Copper Mines, owned by Vedanta Resources.
See http://www.minesandcommunities.org/article.php?a=9925.
Mining companies reject windfall tax
MINING companies have vehemently opposed the reintroduction of a windfall mining tax in Zambia despite the current boom in international copper prices, warning that raising taxation could plant uncertainty in future investments in the sector. Among the companies involved is London-listed Vedanta.
See http://www.minesandcommunities.org/article.php?a=9844.
Peru: Mining Companies Making a Mint, Tax Free
Experts and activists in Peru complain that while mining corporations are cashing in on soaring metals prices, they continue to enjoy exemption from royalties and corporate taxes, if they reinvest their profits. Legal stability contracts that locked in the tax status of nearly two dozen mining companies were signed under the administration of Alberto Fujimori [...]
keep looking »
