Rita Celli of the Canadian Broadcast Corporation (CBC) has revealed that De Beers Canada paid a paltry $226 in mining royalties to the Canadian province of Ontario between 2013 and 2014, on behalf of its renowned Victor diamond mine. The meagre payment compares to the $3.89 billion the government of Ontario received from salt royalties in the same period. De Beers is controlled by London-listed Anglo American.
Rita Celli of the Canadian Broadcast Corporation (CBC) has revealed that De Beers Canada paid a paltry $226 in mining royalties to the Canadian province of Ontario between 2013 and 2014, on behalf of its renowned Victor diamond mine. The meagre payment compares to the $3.89 billion the government of Ontario received from salt royalties in the same period. De Beers is controlled by London-listed Anglo American.
Australia’s Prime Minister Tony Abbott has backed a special parliamentary inquiry into the country’s iron ore industry, saying it was important to discover whether BHP Billiton and Rio Tinto have behaved in a “predatory” way, severely affecting the economy.
It is disappointing but not surprising that Rio Tinto has refused to address evidence in Rio Tinto: The way it really works of discrepancies between Rio Tinto’s claims to social responsibility and its actual practices. The discrepancies are too broad‐based and systematic for the company to ignore or explain away.
It is disappointing but not surprising that Rio Tinto has refused to address evidence in Rio Tinto: The way it really works of discrepancies between Rio Tinto’s claims to social responsibility and its actual practices. The discrepancies are too broad‐based and systematic for the company to ignore or explain away.
