Rio's $657m payment to Guinea government faces scrutiny

THE end use of a $US700 million ($657m) payment Rio Tinto has made to the Guinea government will be independently audited but is expected to face increased scrutiny as British and US regulators toughen their stances on companies operating in other nations. See...

Colombian court kills recently passed mining laws

Colombia’s Constitutional Court has struck down strict mining regulations passed last year, but said the regulations will remain in effect for two years to give Congress time to draft and approve a replacement bill. This will affect, among others, London-listed...

Xstrata suspends operations at Las Bambas, Peru

Anglo-Swiss mining group Xstrata has temporarily suspended activities at its US$4.2bn Las Bambas project in Peru’s Apurimac region due to protests, spokesperson Domingo Drago told BNamericas. “We have suspended our activities in the area, essentially to...

Nuclear News

Germany’s Unlikely Champion Of a Radical Green Energy Path The disaster at the Fukushima plant in Japan convinced German Chancellor Angela Merkel that nuclear power would never again be a viable option for her country. Now Merkel has embarked on the world’s most...