Mark Lopez came a long way to save his community from one of the largest multinational companies in the world, which he claims is ruining Filipino lives in pursuit of gold. Lopez gave a series of talks in England about the plight of local communities affected by the Tampakan mining project in South Cotabato, set to become the largest open-pit mine in the Philippines. Anglo-Swiss corporation Glencore-Xstrata has a controlling stake in the project, operated locally by Sagittarius Mines, Inc. (SMI), which has been accused of funding local military operations linked to alleged human rights violations against local opposition.
Mark Lopez came a long way to save his community from one of the largest multinational companies in the world, which he claims is ruining Filipino lives in pursuit of gold. Lopez gave a series of talks in England about the plight of local communities affected by the Tampakan mining project in South Cotabato, set to become the largest open-pit mine in the Philippines. Anglo-Swiss corporation Glencore-Xstrata has a controlling stake in the project, operated locally by Sagittarius Mines, Inc. (SMI), which has been accused of funding local military operations linked to alleged human rights violations against local opposition.
Two of the world’s largest mining companies, BHP Billiton and Rio Tinto called world leaders on Thursday to seek a deal setting an international price on carbon. Their plea comes amid fears a climate change deal reached Wednesday between the U.S. and China could hurt coal miners in Australia, the world’s second largest producer of the fossil fuel.
Rio Tinto’s $5.4 billion second-stage expansion of its embattled Oyu Tolgoi copper and gold project in Mongolia is once again facing challenges and further delays amid political uncertainty and major changes at operator and Rio’s subsidiary Turquoise Hill.
Rio Tinto’s $5.4 billion second-stage expansion of its embattled Oyu Tolgoi copper and gold project in Mongolia is once again facing challenges and further delays amid political uncertainty and major changes at operator and Rio’s subsidiary Turquoise Hill.
