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....
Pickets were held in Johannesburg against the two companies’ plans to build a coal fired power station in South Africa. See http://www.earthlife.org.za/?p=2630. Background information at http://www.earthlife.org.za/?page_id=2554.
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...
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...
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...
Lawyers for black South African miners react to the decision by the High Court in London that the Court has no jurisdiction over legal claims filed against mining giant Anglo American See...