After many years of majority ownership of the Bougainville’s Panguna mine, Rio Tinto has announced the sale of its majority stake in Bougainville Copper Ltd (BCL) to an Australian equity investment company. It would then be shared between the country’s Autonomous Government (ABG) and that of Papua New Guinea. If one or other doesn’t take up the “offer” BCL could then be sold to a third party.
London-listed Canadian company Eldorado Gold’s stock is soaring on the NYSE and TSX stock markets following the rising prices of gold, but investors are unaware of the most recent developments regarding the company’s Greek projects.
Dialogue between IndustriALL Global Union affiliates and Rio Tinto about establishing agreed global labour principles and structures for enforcing those principles continues, following a management reorganization at the company.
2015 was the worst year on record for killings of land and environmental defenders – people struggling to protect their land, forests and rivers.
BHP Billiton, Rio Tinto, Glencore are in top four; Anglo American and Fresnillo come in at 16 and 17.
