Capitalism: a Ghost Story

Mukesh Ambani is personally worth $20 billion. He holds a majority controlling share in Reliance Industries Limited (RIL), a company with a market capitalisation of $47 billion and global business interests that include petrochemicals, oil, natural gas, polyester...

Which are the world's "most controversial" mining companies?

A new report on the world’s “most controversial” mining firms has named and shamed ten companies, after comparing their performance against the UN Global Compact and other environmental, social and governance principles. The report from Zurich-based...

Taxing Questions have Few Answers

How on earth can taxing carbon emissions save the planet, without a drastic cutback in our reliance on coal? That’s a question which hasn’t yet been addressed by one of the world’s biggest thermal coal exporting countries. See...

Xstrata Wins Approval for Biggest Australian Coal Mine

Xstrata Plc, the world’s largest exporter of power-station coal, won court approval to build the A$6 billion ($6.3 billion) Wandoan coal mine in Australia that opponents say threatens the Great Barrier Reef. Carmel MacDonald, president of the Land Court of Queensland,...

Gold in Greece: corporations create civil war

A battle centred on gold mines in the north of Greece is turning violent. Because of the economical crisis, corporations are ‘buying’ at almost no cost the previously public forests and water in order to collect gold. “Greek Gold S.A.”, a subsidiary of Canadian...