Glencore/Xstrata make iron ore a priority Glencore and Xstrata, set to create a $90 billion mining powerhouse, have put iron ore at the top of their post-merger to-do list, building up the one key commodity where they are all but absent. Yet industry sources caution...
South Australia’s Tom Koutsantonis is confident the miner will this year approve the expansion of the Olympic Dam mine, containing a world class copper-gold uranium deposit, even though it will cost billions of dollars. See...
Australia’s main mineworkers union may soon win effective control of Queensland’s coal fields, the world’s largest single source of coking coal. If this happens, BHP Billiton has threatened to shift a planned Aus$10 billion coal mining investment to...
The world’s largest gold, and second most important copper, mine, came to a standstill last week, not long after it had resumed operations following a three-month strike. The Grasberg mine in Papua is operated by US company, Freeport McMoran – which also...
Newmont Gold has allocated around 20% of its “core assets” to two projects in Ghana – both of which have now come under fire from local communities. See http://www.minesandcommunities.org/article.php?a=11538. Newmont is a US company with British...
Written evidence submitted by London Mining Network and International Accountability Project to an inquiry by the Parliamentary International Development Committee (‘Tax in Developing Countries: Increasing Resources for Development’) concerns a proposed...