Coal mining industry on the edge as firm axes 60% of staff COAL mining in Scotland is on the brink of oblivion after Britain’s second largest producer said more than half of its workers are to be axed as major financial problems threaten its future. See...
Group targets Barclays because they say the bank is the UK’s largest investor in coal infrastructure around the world. See http://www.bristol247.com/2013/03/07/grandparents-occupy-bristol-bank-in-climate-change-protest-52985/.
London-listed Bumi plc said on Monday that directors Philip Yeo and Sony Harsono would resign in a likely effort to simplify its board after a recent showdown. The company said that the directors tendered their resignations, which take effect on March 15, due to...
Glencore and Xstrata announced last Friday that they have, once again, extended the deadline for closing their long-awaited $80 billion merger, scrapping March 15 as a target due to continuing discussion with Chinese authorities. For over a year now international...
Last month, two Bougainville civil society leaders (Sam Kaona and Simon Ekeda) warned against increased Australian meddling in the island’s internal affairs, principally referring to Rio Tinto. The UK-listed company’s Australian subsidiary, CRA, was in...
