Just how much capital do you have to misallocate — to use the management euphemism du jour — to be fired as a mining CEO these days? We are not even past February and just a handful of companies — Kinross, Barrick, Anglo, Rio and BHP — have already managed to impair...
Bumi board continues to ignore concerns about coal impacts in Indonesia Shareholders from Down to Earth, London Mining Network and War on Want attended Bumi plc’s meeting in London yesterday to question the company about the devastating impacts of its...
Troubled coal mining company Bumi plc is to hold an Extraordinary General Meeting this Thursday, 21 February, to decide on Nat Rothschild’s proposal to throw out nearly all of the company’s current directors and replace them with new ones. Investors have...
Dongria Kond and farmers protest on Niyamgiri (Photo: Foil Vedanta) Yesterday the Indian Supreme Court held its latest hearing on Vedanta’s planned mega-mine which threatens the Dongria Kond tribe who live in the Niyamgiri hills. In the court the Ministry of...
Photo: tailings pond at Rio Tinto’s Oyu Tolgoi mine Rio Tinto’s vast Oyu Tolgoi copper/gold mine in the South Gobi desert of Mongolia is currently being considered by the World Bank for financing from the International Finance Corporation (IFC) and its...
The Office of the President has finally intervened to force the Department of the Environment to issue the Environmental Compliance Certificate (ECC) to Xstrata’s Tampakan mine. This is despite the fact that no new information has arisen; those with power and...
