Privately-owned Stemcor says it is “the world’s largest independent steel trader”, playing “a pivotal role in the steel industry, acting as a trading intermediary and value-adding service provider. Our end-to-end services span every step in the steel...
Finnish London-listed mining company Talvivaara said it will work with authorities to assess the need for a clean-up of leaked uranium found at the bottom of lakes near its Sotkamo nickel mine but does not expect such operations to be costly. Nuclear safety authority...
The FairPhone is made with fairly mined minerals, built under good labour conditions, and is entirely recyclable–all things your current phone probably isn’t. Bas van Abel leads an innovative electronics company. But, unlike Apple or Samsung, he’s not...
Coal mining industry on the edge as firm axes 60% of staff COAL mining in Scotland is on the brink of oblivion after Britain’s second largest producer said more than half of its workers are to be axed as major financial problems threaten its future. See...
Group targets Barclays because they say the bank is the UK’s largest investor in coal infrastructure around the world. See http://www.bristol247.com/2013/03/07/grandparents-occupy-bristol-bank-in-climate-change-protest-52985/.
London-listed Bumi plc said on Monday that directors Philip Yeo and Sony Harsono would resign in a likely effort to simplify its board after a recent showdown. The company said that the directors tendered their resignations, which take effect on March 15, due to...
Glencore and Xstrata announced last Friday that they have, once again, extended the deadline for closing their long-awaited $80 billion merger, scrapping March 15 as a target due to continuing discussion with Chinese authorities. For over a year now international...
Last month, two Bougainville civil society leaders (Sam Kaona and Simon Ekeda) warned against increased Australian meddling in the island’s internal affairs, principally referring to Rio Tinto. The UK-listed company’s Australian subsidiary, CRA, was in...
Financial experts have sent a clear signal that investors are growing concerned about the longterm viability of tar sands oil and other highly polluting fossil fuel industries. In a new report by Standard & Poor’s (in partnership with the Carbon Tracker...
Mongolia plans to start charging interest on allegedly unpaid tax owed by Rio Tinto Group’s Oyu Tolgoi LLC, as talks continue over the future of the $6.6 billion copper and gold mine, the nation’s mining minister said. Mongolia wants Oyu Tolgoi LLC, in which Rio...
UK firms are to be forced to reveal where they pay tax. The Financial Mail on Sunday found that Vedanta paid nothing in UK tax last year despite profits of £1.1 billion. Company Chairman Anil Agarwal made no comment. See...
