Latest News

ENRC a step closer to going private

Eurasian Natural Resources Corporation, the London-listed giant miner wrestling with a series of accusations of corruption and bribery, took a major step towards being de-listed Friday, after the largest investor backed the founders' US$4.5 billion takeover. ENRC has...

Deep sea mining – out of our depth

Inside London’s Cumberland Hotel today a ‘deep sea mining summit’ is taking place, involving representatives from the mining industry, financiers and the British government. The industry is keen to get support – but the communities that will be most affected are...

Jolt for Vedanta as mining in Niyamgiri Hills voted out

In what could be a jolt for Vedanta Aluminium Ltd, the fate of the beleaguered proposal to mine bauxite in Odisha's Niyamgiri Hills was sealed on Monday, with the seventh of the 12 gram sabhas - at Phuldumer in Kalahandi district - rejecting the plan. Earlier, the...

Sesa Goa to invest $400 mn in Liberian mine in 2-3 yrs

Vedanta group firm Sesa Goa is looking at investing up to USD 400 million on its Liberian iron ore mining project in 2-3 years. It is gearing up to complete the first phase of mining in the West African nation by December, 2014. Since September 2012, Sesa Goa has been...

Colombian town rejects AngloGold Ashanti in local vote

The inhabitants of the Colombian Municipality of Piedras rejected big mining projects yesterday in a local referendum. The population was summoned to respond if they agree with the development of "exploration, exploitation, processing, transformation or transport of...

African Barrick Gold sued in UK over Tanzania mine deaths

African Barrick Gold Plc was sued over the deaths and injuries of Tanzanian villagers including one incident where five men were shot and killed at the North Mara gold mine in May 2011. At least 12 villagers filed a lawsuit in London accusing the company and North...

Archives