The UK’s Office of Fair Trading will once more look at activity by large metals traders who also own warehouses after a parliamentary committee raised concerns. See http://www.mineweb.com/mineweb/view/mineweb/en/page67?oid=130467&sn=Detail&pid=92730....
London-listed Chilean company Antofagasta and Canada’s Barrick Gold are likely to win mining rights for a $3.3 billion copper and gold project in Pakistan, a senior provincial government official said. The companies are partners in the Tethyan Copper Co (TCC)...
First Quantum Minerals has agreed to pay Zambia $224-million in tax arrears. The company has also been singled out along with Konkola Copper Mines (KCM), owned by London-listed Vedanta Resources, and Glencore’s local unit Mopani, for tax issues related to...
Millions of pounds of British aid money is funding coal-fired power stations in developing countries – even though their use is being scaled back in this country. The level of spending on fossil-fuel plants by the World Bank, which receives billions from Britain, is...
Corporate Europe Observatory Press release 27 June 2011 Brussels – Europe’s future strategy on access to raw materials – due to be voted on in the Parliament on Thursday 30 June – is being shaped by MEPs with vested interests in related...
On 26 May, SOMO organised a Roundtable in the European Parliament, together with Judith Sargentini (Member of European Parliament, GroenLinks). This well attended meeting focused on conflict minerals from the Democratic Republic of Congo (DRC). This Roundtable focused...
