Big troubles for coal and coal workers in Britain

Dole not Coal FOR the 590 miners who lost their jobs when Scottish Coal collapsed last month, there is a lot at stake this week. Liquidator KPMG looks likely to announce what will happen to the company’s portfolio of six opencast coal mines in Ayrshire,...

Rio Tinto firms up $2.5bn Oyu Tolgoi mine loan

Global miner Rio Tinto has attracted strong interest for a $2.5 billion loan to expand its Oyu Tolgoi copper and gold mine in Mongolia, in one of the largest resource financings in Asia this year, banking sources said. The financing is key for Rio Tinto to go ahead...

AusAID Fuels Bougainville Mining Tensions

Rio Tinto stands to make big profits if the Panguna mine on Bougainville reopens. In recruiting advisors with strong links to the mining giant, AusAid isn’t helping the peace process, writes Kristian Lasslett. See...

The real cost of mining: everlasting water pollution

A new report shows existing U.S. hardrock mines (e.g. gold, copper, uranium) will pollute up to 27 billion gallons of fresh water per year, and cost as much as $67 billion per year to clean, in perpetuity. Based on government data, ‘Polluting the Future: How...

Metals recycling needs bigger role in product design: U.N

Designers of everything from mobile phones to electric car batteries should make their products far easier to recycle to offset soaring demand for metals, two United Nations reports have recommended. Products should be made to become “designer minerals” at...