Despite very strong opposition to London-listed Coal of Africa’s (CoAL) Vele and Makhado mines in South Africa’s Limpopo Province from community members and NGOs, the Department of Mineral Resources seems set to allow these mines to operate, according to a report by the Bench Marks Foundation.
Declaration by an alliance of African civil society organisations.
Anglo American has secured preliminary approval for its controversial coal mine expansion in Australia’s Hunter Valley, in a move described by horse breeders as the “beginning of the end” for their industry.
Anglo American confirmed it is selling two of its copper mines in Chile to a consortium led by UK-based investment firm Audley Capital, in a deal worth $300 million.
The disappointing reaction of London-listed Canadian company Eldorado Gold to the Greek Government’s suspension of its mining operations over alledged contract violations is no surprise, given the on-going precedent set by Canadian companies.
