Mining Firms Face New Regulator Scrutiny Amid Deal Probes

For an industry that routinely makes multi-billion dollar deals with developing-world governments and an array of sometimes controversial leaders, the mining sector has been remarkably free of political scrutiny. No longer. World leaders gathering in Northern Ireland...

Peru protesters push to stop $5bn Newmont mine

Thousands of opponents of a $5 billion gold project of Newmont Mining circled a lake high in the Andes on Monday, vowing to stop the company from eventually draining it to make way for Peru’s most expensive mine. Lake Perol is one of several lakes that would...

Five Western senators question Obama on proposed Alaskan mine

Five Democratic senators are asking President Obama to consider blocking a proposed mine in Alaska’s Bristol Bay, a move that could heighten pressure on the Environmental Protection Agency to veto the project. The group of senators from Washington, Oregon and...

Climate Commission warns coal will be left in ground

Big investors are increasingly aware that coal consumption will have to drop dramatically as part of efforts to tackle climate change, a top Macquarie Bank executive has warned. The warning from Macquarie’s executive chairman in Melbourne, Simon McKeon, came as a...

Lonmin will seek court order against strike by AMCU

Lonmin Plc, the world’s third- largest platinum producer, said it will seek a court order to prevent a possible strike by the biggest union at its operations. The Association of Mineworkers and Construction Union said earlier it will serve Lonmin a 48-hour strike...

Indonesia: Freeport mine stays closed after accident

Indonesia’s government may decide this week on whether to allow Freeport McMoRan Copper and Gold Inc to resume open-pit mining, the Minister of Energy and Mineral Resources said on Tuesday, five weeks after a tunnel collapse killed 28 workers. Freeport suspended...