Indigenous Peoples in the Philippines, as well as the Catholic Church and other organisations, continue to oppose large scale mining projects, including Xstrata’s Tampakan project. See http://www.minesandcommunities.org/article.php?a=11515.
Among London-listed mining companies operating in Colombia are Anglo American, AngloGold Ashanti, BHP Billiton, Glencore and Xstrata; and Rio Tinto is also interested in the country. Government designates 2.9 million hectares for mining development in...
Anil Agarwal’s London-listed Vedanta Resources Group is planning to create a new diversified resources giant by merging Sterlite, Sesa Goa, Vedanta Aluminium and even its 60 per cent holding in Cairn India into one umbrella holding company. This new holding company...
Vedanta Aluminium Ltd has been asked by the government to seek public consent afresh in Kalahandi district of Orissa as a precursor to getting environmental clearance for expanding its alumina refinery and power plant, a move the company wants to avoid as it seeks to...
Vedanta subsidiary Sterlite Industries has offered to pay Rs 16,000 crore to buy government stakes in Hindustan Zinc (HZL) and Bharat Aluminium Company (Balco), in which the majority holding was acquired by the Vedanta group about a decade back. “Government had...
Sometimes, it seems a goverment just can’t win. In order to increase income, Zimababwe proposes to hike mining fees – and that’s inevitably upset the industry, which says it will make their businesses unviable. At the same time, some supporters of...