The Royal Bank of Scotland, like most banks these days, likes to tout its green credentials. But PR flacks and fancy brochures can’t hide the fact that RBS is investing $7.5 billion into tar sands production. In fact, UK banks have underwritten 17% of all the tar...
Rio Tinto has cosy ties with the Indonesian military, who have a long history of human rights abuses. See http://english.aljazeera.net/indepth/features/2011/08/2011828142858857222.html#.TokJmXDLgQ0.mailto.
Nestled alongside the central range of the Andes lies the town of Cajamarca, Colombia, also known as la dispensa agricola de Colombia: literally Colombia’s agricultural larder. The fertile environs surrounding this settlement of twenty thousand souls play host to...
The election of Michael Sata to president of Zambia is not sitting well with copper miners who fear the 73-year-old, known as “King Cobra” for his aggressive style, will pick the pockets of mining companies, Bloomberg reports. Among the foreign companies with copper...
Bloomberg reports the London Metal Exchange which handles some 80% of global trade in industrial metals futures, told members it may get a takeover offer after multiple approaches from potential bidders. See...
New legislation promises to maximise revenues and tighten regulation. Guinea’s new mining code, passed on September 9, promises to maximise the public revenues generated by foreign deposits and impose stricter regulations upon mining companies operating in the...
