Canada blocks move to deem asbestos hazardous

Last week, a total ban on global trading of white asbestos moved closer, as all but four signatories to the Rotterdam Convention agreed to include the material on its hazardous chemicals list. The Convention guarantees the right of governments to exercise “prior...

Canadian assets ‘sold to China weapons firm’

Global miner Rio Tinto will raise its stake in Ivanhoe Mines to 46.5 percent from 42 percent after exercising outstanding warrants, a move that will allow it to name an extra board member. Ivanhoe is developing the Oyu Tolgoi copper-gold-silver project in Mongolia...

'Transparency' hides Zambia's lost billions

African analyst, Khadiha Sharife, exposes “tax avoidance” by mining companies in Africa – specifically by Glencore in Zambia – and elsewhere. She notes that mining corporations’ tax avoidance schemes cost African nations billions of...

India: POSCO protests successful – for now

Orissa’s state government has suspended action to forcibly remove villagers resisting the takeover of their land for POSCO’s massive iron and steel project. Meanwhile, however, the company has started construction elsewhere on another part of the project....

WGC Launches Conflict Gold Initiative

The London-based World Gold Council said Friday that it had drafted framework standards designed to combat gold that enables, fuels or finances armed conflict. The draft standards which were orchestrated with WGC member companies and leading gold refiners represent...