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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West Africa emerging as the new Pilbara
Australia’s mining reforms have gone distinctly “down under”
The Labor-held federal Australian government recently presented its much-awaited 2012 budget. And what a mess of potage it turns out to be! According to Rob Burgess of the Business Spectator, the country’s mining sector “currently …
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Protests threaten energy-hungry miners in Chile
Residents close to a proposed new coal-fired power plant in Chile’s Atacama desert region claim its emissions will harm air quality. They also say the temperature of water, released back into the ocean, will impact …
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Qatar plonks $4 billion on Xstrata and hands Glasenberg another victory
The Financial Times reports that the oil and natural gas rich nation of Qatar has plans to up its stake in Xstrata, currently negotiating a $90 billion merger with Glencore International, to over 10%, which …
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Philippines: Miners and military create refugees
Displaced indigenous peoples’ leaders and human rights activists from Mindanao have been in Manila to condemn the military actions that forced them from their homes. As their testimony noted, many were driven out to make …
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Xstrata parody leaves mining giant fuming yet again
EFFORTS by coal giant Xstrata to purge a parody mining commercial from video site YouTube have backfired, reigniting interest in the months-old clip. The commercial, created as part of a union campaign by former Chaser …
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Xstrata pressed on record in Peru and Colombia
Representatives of communities affected by Xstrata’s operations in the Espinar region of Peru attended the massive London-listed mining company’s AGM in Switzerland on Tuesday 1 May. They called for compensation and a solution to the …
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Mining giant Glencore accused in child labour and acid dumping row
Glencore, the commodity and mining firm worth £27bn, stands accused in the Democratic Republic of the Congo of dumping raw acid and profiting from children working 150ft underground. The revelations come as the notoriously secretive …
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Philippines: Mining abuses continue with no promised changes in the law
The drama over the proposed Executive Order of the Philippine President, Nonoy Aquino, continues. There are further hints about its coming out, but when, how – or indeed if – it will appear is now …
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