Latest News
Australia's PM looking to overturn ban on India uranium sales
Australian Prime Minister Julia Gillard's ruling Labor party will debate lifting the ban on the sales of uranium to India at its conference next month, a decision unlikely to be welcomed by the Greens. Uranium producers in Australia include BHP Billiton and Rio Tinto....
De Beers won’t touch Zimbabwe diamonds
De Beers high-quality diamond retail arm Forevermark will not sell any diamonds from Zimbabwe’s controversial Chiadzwa and fields, CEO Stephen Lussier said at the launch of the exclusive brand in South Africa. This comes after the industry regulator, the Kimberley...
Anglo American-Codelco spat worsens in Chile
Anglo American jeopardizing local investments, Codelco CEO says London-based Anglo American is putting its future in Chile at risk by selling a 24.5% stake in its copper assets in central Chile to Japan's Mitsubishi, according to state red metal producer Codelco's CEO...
World’s Biggest Hydropower Scheme Will Leave Africans in the Dark
South Africa and the Democratic Republic of Congo have signed an agreement to build a major hydroelectric power project, which is said to bring electricity to more than half of the continent's 900 million people. But economic analysts warn that foreign investors will...
Ghana to hike taxes on mining companies
Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the 2012 budget delivered to parliament recently. The corporate tax rate on miners will increase to 35 percent from 25 percent and a separate 10 percent tax on...
Nuclear plans threaten UK's part in renewables revolution, expert warns
The UK's "eccentric" determination to build new nuclear power means it is not fit to take part in the "third industrial revolution" of switching to clean renewable energy, according to one of the world's most influential climate scientists. See...
Rio Tinto: what now for Alcan?
Analysis by Nostromo Research Rio Tinto’s shutdown of its aluminium smelter at Lynemouth in Northumberland, in north east England, announced recently, marks the start of the company’s attempt to reap some dividend for, arguably, the worst business decision taken in...
BHP Billiton – Dirty Energy
BHP Billiton holds its Australian AGM on Thursday 17 November. A coalition of organisations including London Mining Network has produced an 'alternative annual report': BHP Billiton - Dirty Energy. To read the alternative report, see...
Please urge your MP to sign Early Day Motion 2396 on Cerrejon Coal
Jeremy Corbyn MP and others have tabled an Early Day Motion calling on the UK Government to support the demands of communities affected by the Cerrejon coal mine in Colombia, jointly owned by London-listed mining companies Anglo American, BHP Billiton and Xstrata. If...
Another Remembrance Day – for Heroes of the Struggle Against Mining, Oil and Gas
Though considerably overshadowed by the Commonwealth's official "Remembrance Day" on Friday 11 November, last week saw another significant Day to Remember. Sixteen years after environmental justice campaigner Ken Saro Wiwa was judicially murdered by the Nigerian...
