The Colombian miner, owned by London-listed Anglo American, BHP Billiton and Glencore Xstrata, is transporting coal again from its mine to port after protesters ended a 6-day blockade on its private railway line.
South Africa’s longest-ever strike ended this week, as platinum and palladium miners belonging to the Associated Mineworkers and Construction Union (AMCU) concluded an agreement with the three main producers, Amplats (a subsidiary of Anglo American plc), Lonmin plc, and South Africa-based Implats.
Mongolia’s Tax Authority claims a Rio Tinto Group unit operating in the country has unpaid taxes, penalties and disallowed entitlements associated with the $6.6 billion Oyu Tolgoi copper mine development.
The IFC is investing hundreds of millions of dollars in huge mining projects despite their long track record of negative social and environment impact. Mining companies Rio Tinto and Chinalco signed a deal in May with the International Finance Corporation (IFC), the Bank’s private sector arm, on a $20 billion investment framework providing legal and financial backing to the Guinean Simandou mine project. In Mongolia Rio Tinto’s Oyu Tolgoi project is still causing controversy.
Chile’s environmental regulator SMA filed charges against Anglo American Sur, a subsidiary of London-based Anglo American, accusing the company of breaching the environmental permit (RCA) for its Los Bronces mine. The sanctions were levied following a programmed inspection of the mine’s facilities in Valparaíso region (V), which were carried out by SMA in November last year, according to the regulator.
