Three Latin American states are the envy of most other country in terms of the potential value of the major minerals that lie beneath their soil – particularly copper, iron ore and gold. Among developing …
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Royalty debates revisit Latin American states
The rise of resource nationalism
Countries from India and Indonesia to Russia are tightening their grip on natural resources as they limit exports to build up domestic industry in a trend that will spawn many challenges to World Trade Organization …
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Australian carbon tax treatment is unfair, claim coal miners
It’s not a particularly radical scheme – and one which will ultimately depend on the dubious marketing of carbon permits in around four years time. However, the Australian government’s plan to cut global greenhouse gas …
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Zambia seeks taxes from mining companies
First Quantum Minerals has agreed to pay Zambia $224-million in tax arrears. The company has also been singled out along with Konkola Copper Mines (KCM), owned by London-listed Vedanta Resources, and Glencore‘s local …
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MEPs call for moratorium on public financing of mining projects
In an open letter addressed to the EU president, the EU presidency and the European commission, 50 MEPs from 4 different political parties (S&D, Greens, Gue/Nordic Left and ALDE) call for “a moratorium on EU …
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Glencore: the monster has landed!
The world’s biggest commodities’ trader has “gone public” on the London and Hong Kong Stock Exchanges, following the conditional issue of shares to its so-called “cornerstone investors” over the previous week.
Glencore has leapt straight …
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Greedy Glencore does not plan to change its ways
Private trader Glencore is to list in London this month
Greed Inc: A special investigation into pollution, dubious tax practices and exploitation of African workers at Glencore
News that the London Stock Exchange is on …
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Act now on company openness
Zambia’s people are blessed with copper. Yet with one doctor per 10,000 people and life expectancy a mere 47 years, who’s benefitting from the wealth beneath their feet? As with countless countries around the world …
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Glencore is accused of tax evasion in Zambia but goes for London Launch
Last week Switzerland-based Glencore – the world’s biggest minerals trader – announced it would seek a listing on the London and Hong Kong Stock exchanges in mid-May.
Amid the issues being raised about the firm’s …
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A snip at $22m to get rid of Australian PM
HOW much does it cost to bring down a prime minister?
The answer: a tad over $22 million.
That’s how much the mining industry spent in six weeks last year on its campaign against Kevin …
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