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Vedanta arranges $ 6 bn funding for Cairn India deal
Vedanta Resources Plc said it has entered into financing agreements with a consortium of banks for $ 6 billion to fund its proposed buyout of up to 60 per cent stake in Cairn India. London-listed Vedanta Resources planned stake acquisition in Cairn India, which was...
Orissa High Court rules Vedanta University land acquisition illegal and void
The proposed Vedanta University, India's answer to Stanford and Harvard, suffered a blow after Orissa High Court ruled the land acquisition for the project in Orissa's Puri town as illegal and void. See http://www.minesandcommunities.org/article.php?a=10536.
Vedanta gives Modi's aluminium plant offer a miss
Vedanta Resources does not seem interested in setting up an alumina refinery and an aluminium smelter in Gujarat. It has decided against an expression of interest (EoI) as invited by the state-owned Gujarat Mineral Development Corporation. See...
Tiara residents suffer from mining contamination, Venezuela
"Something is sickening the people of Tiara and their crops". That's what the Mines and Communities website reported more than five years ago. In 2008, a study showed that Anglo American's Lomas de Nickel mine in Venezuela was responsible. But still, no adequate...
Management, union leaders dig in heels at Collahuasi
Union leaders at the world's No. 3 copper mine dug in their heels on Thursday, saying workers would reject management's latest offer to end a 14-day-old strike at the sprawling Collahuasi copper pit. The union vowed to stay on the picket line until management agrees...
Chilean Hunger Strikers Surpass Day 50, Accusing Mine Company Of Contamination
Eight men and three women have been on a hunger strike for the last 53 days, since Sept. 28, to protest at the dangerous tailings dam situation affecting their community of Caimanes, located in the Coquimbo Region north of Santiago. Organizers explained that the...
Rio Tinto dodges State requirements in the USA
Rio Tinto, through its subsidiary Kennecott Minerals, continues to dodge requirements of Michigan’s Part 632 Mining Law, with the help of the Marquette County Road Commission (MCRC), the Marquette County and City Commissions, and local township boards. See...
New blows to coal in Scotland
Ravenstruther Coal Terminal Shut Down! Ravenstruther coal rail terminal in South Lanarkshire was brought to a standstill when anti-coal protesters descended on to the site and climbed atop machinery. The coal rail terminal owned by Scottish Coal, is the main loading...
Unesco to visit Mapungubwe – concerned about Coal of Africa
Representatives from Unesco will visit the Mapungubwe National Heritage site to assess the impact of mining in the area, the Save Mapungubwe coalition group says. Coal of Africa (CoAL), an Australia-based mining company with a listing on the London Stock Exchange,...
Wandoan Coal Project of Xstrata receives environmental approval
The project is a proposed 30 million tonne per year open-cut thermal coal mine in Queensland's Surat Basin with a total investment, including port and rail infrastructure of about $6b. Wandoan Coal Project executive general manager Stephen Bridger said Xstrata Coal...