Ministers discuss returning parts of UK Coal to public ownership in attempt to save retirement savings for 6,000 members. See http://www.guardian.co.uk/business/2013/may/12/uk-coal-nationalised-ministers-fire-pensions?
Lonmin’s strike ends but now Amplats (Anglo American Platinum) is in brace position. Workers at Amplats say, We shall not accept one more job loss at Angloplats – We shall resist – We shall fight. See...
Glencore Xstrata Plc appointed former BP Plc Chief Executive Officer Tony Hayward as interim chairman after John Bond was ousted by shareholders of the world’s largest exporter of power-station coal. Bond stepped down at the start of Glencore’s annual general meeting...
Economic conditions have killed another billion-dollar export port project but saved the multinational proponents a world of environmental heartache in the process. The Balaclava Island coal port, which was to cost $1 billion and move 35 million tonnes of coal a year,...
The Australian government’s OK to Rio Tinto’s controversial bauxite mining operations in Queensland will turn “World Heritage Area into a shipping superhighway,” say environmental groups. See...
Australia’s Export Finance and Insurance Corporation (EFIC) will contribute funding to Rio Tinto’s Oyu Tolgoi mine expansion in Mongolia. EFIC decided to support Rio Tinto despite calls from Australia’s Productivity Commission for the credit agency...
