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 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...
UK firms are to be forced to reveal where they pay tax. The Financial Mail on Sunday found that Vedanta paid nothing in UK tax last year despite profits of £1.1 billion. Company Chairman Anil Agarwal made no comment. See...
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 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...
In an important precedent-setting development for the accountability of Canadian mining companies for alleged overseas human rights abuses, victims of rape and murder at a Guatemalan mine are now able to sue a Canadian mining company in Canadian courts. Guatemalan...