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ENRC $4.7bn buyout bid gets support from Kazakhmys

A $4.7-billion bid by the founders of ENRC to buy out the Kazakh miner has gained the support of top shareholder Kazakhmys, paving the way for them to take the company private after almost six turbulent years. ENRC's three founders, Alexander Machkevitch, Alijan...

Barrick's troubles mount at Pascua Lama

Barrick is a Canadian company in which there is major British investment (see http://moneytometal.org/index.php?title=Special%3ASearch&search=Barrick&go=Go). Barrick's Pascua Lama could wind up costing US$10bn, analyst says Canadian Barrick Gold's Pascua Lama...

Shock therapy and the gold mine

For the past three years Ierissos in Greece has been at the centre of an increasingly bitter dispute. Its inhabitants, hitherto more accustomed to farming, fishing, or running hotels, have been condemned as subversives at the highest level of government, and they have...

Coal-Power Financing Minimized in World Bank Energy Policy

The World Bank plans to restrict its financing of coal-fired power plants to “rare circumstances,” according to a draft strategy that reflects the lender’s increased focus on mitigating the effects of climate change. The Washington-based lender will help countries...

Nuclear news

UK's nuclear clean-up programme to cost billions more than expected Nuclear Decommissioning Authority declines to predict final lifetime clean-up cost amid fears total bill could exceed £100bn See...

”Leave us and leave our land” indigenous community tells Bumi

Press release: Down to Earth, London Mining Network and the Indonesian Mining Advocacy Network (JATAM). London, 26 June 2013 Much of the talk at today’s Bumi plc AGM will centre on the company’s deep financial and governance woes, but it is the people most directly...

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