The end of a historic strike at Chile’s Escondida copper mine, the world’s biggest, has left its owner, BHP Billiton, nursing an estimated $1 billion loss and probably in a weaker position for negotiations in a year or so, company and industry insiders said.
While the UK government is currently considering the submissions on its proposal to phase-out coal in electricity generation in 2025, coal mining companies are still trying to ravage the earth to squeeze out more coal within Britain.
The UK government plans to phase out coal fired power stations by 2025. For communities impacted by coal extraction, this is not soon enough. In this short film people from the UK, USA, Russia and Colombia speak about the impact of coal mining on their lives and how we should be urgently moving towards a low carbon economy, based on developing renewable energy industries.
Canada’s Nautilus Minerals, one of the world’s first seafloor miners, is on track to start operations at its Solwara 1 gold, copper and silver project off the coast of Papua Guinea in early 2019. Anglo American is a shareholder in Nautilus.