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Rallying cry: Dongria stand firm against Vedanta mine
During a rally of defiance, India’s Dongria Kondh have vowed to defend their Niyamgiri Hills against an open pit mine by British mining giant Vedanta Resources, and demanded the release of village leaders ahead of consultations about the mine. Dongria leader Lodu...
India: Comply with Supreme Court ruling on Mining in Niyamgiri Hills, says Amnesty
Amnesty International urges authorities in the eastern Indian state of Odisha to fully respect a recent Supreme Court ruling and hold village assembly (gram sabha) meetings in all of 80-odd Dongria Kondh Adivasi (Indigenous) and other Adivasi villages in Niyamgiri...
Glencore banks on a new direction
The world's largest minerals trading conglomerate now appears to be placing a lot of faith in big - if not bad - bankers to lift its recent lacklustre performance; not to mention some fiscal and reputational threats ahead. Although the now-combined Glencore-Xstrata...
Glencore Xstrata studies Rio coal-assets combination plan
Glencore Xstrata Plc, the biggest exporter of power station coal, is studying a plan to combine some of its Australian coal operations with mines run by Rio Tinto Group, according to two people familiar with the matter. Glencore and Rio own some of the largest thermal...
Glencore Investigated by Italy on $158 Million Tax-Evasion Claim
Glencore Xstrata Plc, the world’s largest exporter of power station coal, is being investigated by Italian tax police, which accused the group of evading more than 120 million euros ($158 million) in taxes. The authorities are reviewing some transactions between its...
Rio Tinto agrees sale of Eagle project
Rio Tinto has reached a binding agreement to sell its Eagle project to Lundin Mining Corporation for an estimated US$325 million in cash. This transaction is expected to close in the third quarter of 2013 and is subject to regulatory approval. The Eagle project in the...
London Calling on a win for gold, but not the Great Game
It's the only Great Game worth playing (everyone knows that, but some people unfortunately still don't recognise it). However football (soccer, that's to say, not the US pretence) has had its image distinctly tarnished in recent years. Not least by accusations of...
Major UK tungsten project starts to move
A south west England mining revival is getting under way with development of the Hemerdon tungsten/tin property which will be one of the world’s largest tungsten mines. See...
Disputes continue in South African platinum belt
Amcu set to defy Motlanthe The Association of Mineworkers and Construction Union (Amcu) looks set to ignore Deputy President Kgalema Motlanthe’s efforts to bring stability to the mining sector by embarking on yet another wildcat strike, despite a meeting with him this...
Court win for Israeli billionaire in fight over $50 billion African mining prize
Benny Steinmetz acquired half of the iron deposit underneath the Simandou mountains in Guinea in 2008. Simandou is one of the richest concessions in all of mining. It is said to hold more than 26 billion tonnes of high grade ore worth more than $50 billion to whoever...
