In yet another case of international arbitration involving mining companies, a Canadian mining company, Pacific Wildcat Resources, has used its UK subsidiaries to sue Kenya under the UK-Kenya bilateral investment treaty.
The Democratic Republic of Congo should live up to its pledge to improve transparency in the mining industry by publishing the terms of the recent sale of a copper permit to a Glencore Plc venture, the Carter Center said.
Glencore has sold the Cosmos mine to Australian nickel producer Western Areas.
At 9am this morning, environmental groups delivered a petition signed by over 110,000 people to new Secretary of State for Energy and Climate Change, Amber Rudd. The petition calls for an end to government support for Drax’s new White Rose ‘carbon capture’ power station.
Asia Resource Minerals Plc, a thermal-coal producer in Indonesia, was fined 4.65 million pounds ($7.3 million) for breaching U.K. listing rules.
