Ghana to hike taxes on mining companies

Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the 2012 budget delivered to parliament recently. The corporate tax rate on miners will increase to 35 percent from 25 percent and a separate 10 percent tax on...

Rio Tinto: what now for Alcan?

Analysis by Nostromo Research Rio Tinto’s shutdown of its aluminium smelter at Lynemouth in Northumberland, in north east England, announced recently, marks the start of the company’s attempt to reap some dividend for, arguably, the worst business decision taken in...

BHP Billiton – Dirty Energy

BHP Billiton holds its Australian AGM on Thursday 17 November. A coalition of organisations including London Mining Network has produced an ‘alternative annual report’: BHP Billiton – Dirty Energy. To read the alternative report, see...

Please urge your MP to sign Early Day Motion 2396 on Cerrejon Coal

Jeremy Corbyn MP and others have tabled an Early Day Motion calling on the UK Government to support the demands of communities affected by the Cerrejon coal mine in Colombia, jointly owned by London-listed mining companies Anglo American, BHP Billiton and Xstrata. If...