Financial experts warn fossil fuels are risky investment

Financial experts have sent a clear signal that investors are growing concerned about the longterm viability of tar sands oil and other highly polluting fossil fuel industries. In a new report by Standard & Poor’s (in partnership with the Carbon Tracker...

Mongolia to charge Rio Tinto interest on tax owed by Oyu Tolgoi

Mongolia plans to start charging interest on allegedly unpaid tax owed by Rio Tinto Group’s Oyu Tolgoi LLC, as talks continue over the future of the $6.6 billion copper and gold mine, the nation’s mining minister said. Mongolia wants Oyu Tolgoi LLC, in which Rio...

Mining causes poverty through the logic of the Resource Curse

By Felix Padel and Samarendra Das An answer to Venky Vembu’s article ‘Jairam is wrong: It isn’t mining that causes poverty’ written after Jairam Ramesh’s januray visit to Niyamgiri mountain. The mainstream belief that mining-based industrialization is the basis of...

Lawyers in talks to merge South African mine silicosis lawsuits

Lawyers acting on behalf of workers who contracted silicosis after working on mines in South Africa say they will merge damages lawsuits filed against former employers. This article involves a case brought by lawyer Richard Spoor against AngloGold Ashanti; it also...