Thoothukudi residents resist Sterlite expansion
Up to 500 people declared a hunger strike and indefinite protest against the planned expansion of Vedanta subsidiary Sterlite’s copper smelter in Thoothukudi (Tuticorin), Tamil Nadu.
India's Supreme Court nixes all Goa's iron mining leases
London-listed Vedanta Resources will be most impacted by the ruling. Vedanta stands to lose about $165 million, or about Rs 1000 crore, in revenue from the Supreme Court’s decision, while its net profit fell 8.62% to Rs 2959 crore on 22.05% growth in total income to Rs 24,934 crore in Q3 December 2017 over Q3 December 2016.
Gabriel Resources seeks damages from Romania in international arbitration over blocking gold mine due to environmental & access to water concerns
In July 2015, London-linked Canadian mining company Gabriel Resources Ltd initiated a claim against the Romanian state before the International Centre for the Settlement of Investment Disputes (ICSID), alleging breach of obligations in its bilateral investment treaties and demanding $4.4 billion in damages for losses related to its stalled Rosia Montana gold mine project. Rosia Montana was supposed to become the biggest gold mine in Europe by means of open cast mining using cyanide. The government withdrew its support for the project in 2014.
New Campaign Seeks End to Ocean Mine Waste Dumping
Ditch Ocean Dumping coalition calls on Citigroup to divest from mines tied to the practice
Sirius seeks $2bn in government-backed debt for Britain’s biggest fertilizer mine
British company Sirius Minerals, the company building a huge polyhalite mine beneath a national park, is looking to raise up to $2 billion in government-backed debt to finish building its fertilizer project in North Yorkshire.