South Africa’s leading gold mining companies are facing a potential lawsuit on behalf of thousands of workers who claim they contracted silicosis, a lung disease, through the companies’ negligence. A South African lawyer has filed the first papers against...
The heated legal battle between diversified miner Anglo American and its Chilean adversary Codelco, the world’s largest copper producer, has finally come to an end, as the parties announced that they’ve reached an agreement. The cash deal of over $2.8 billion,...
In July 2012, the estate of Ken Talbot agreed to sell the Group’s majority 58.9% interest in the Revuboe metallurgical and thermal coal project in Mozambique to Anglo American plc. This will align the London-listed, mega-mining, outfit with the two other owners...
Move beyond coal, now! From its rejection of the Kyoto Protocol to its fierce opposition to the EU aviation emissions trading scheme, the U.S. has a long history as a bad actor in the international climate fight. So how is it that the U.S. now leads the world in...
Landslides not only cause the deaths of mineworkers. They are also triggered by mineral extraction itself. According to a study, published recently in Geology journal, landslides (excluding those caused by earthquakes) killed more than 32,000 people across the world...
As night follows day, so “natural resources” investors tail-gate the fortunes of the world’s most important mining companies. As many of them report their largely poor first-half results for 2012, it’s no surprise that London-based companies...