Late last year BHP Billiton – along with Glencore and Anglo American Plc, its two joint venture partners in the Cerrejón coal mine in Colombia – completed a US$1.3 billion expansion project to supply an extra 8 million tonnes of thermal coal a year to the global market.
Chilean minister resigns following revelation that he accepted money from Antofagasta Minerals.
Gabriel Resources Ltd might be out of choices soon, and start legal action against Romania. The company is between a rock (Romanian government) and a hard place (Shareholders), because for 14 years it couldn’t get permit and start mining gold. Investors and shareholders in the company are expecting to see something from the $500+ million spent so far on the project and are running out of patience. The Canadian gold mining company is holding the biggest European gold and silver deposit but it can’t get government’s approval due to political disagreements and protests. Gabriel’s Romanian subsidiary has offices in London.
A Colombian executive of US-based coal company Drummond has been arrested after being charged with the killing of two labour union leaders, The Associated Press reported. One of Drummond’s major investors is British bank HSBC.
About an hour east of Phoenix, near a mining town called Superior, men, women and children of the San Carlos Apache tribe have been camped out at a place called Oak Flat for more than three months, protesting the latest assault on their culture.
