The internecine warfare on the Bumi board makes for gripping entertainment. The articles below report on the ebb and flow of the struggle between ousted Nat Rothschild, whose financial machinations brought Bumi to the London Stock Exchange, and the Bakrie family with...
Around 350 inhabintants of Doima in the department of Tolima in Colombia declared an indefinite strike on 5 February and blocked a bridge giving London-listed AngloGold Ashanti access to the hamlet of Piedras. Protesters reject the company’s plans to use the...
Recently, GCM Resources CEO Gary Lye was prevented from visiting the site at Phulbari, Bangladesh, where the company wants to open a huge opencast coal mine. One of the company’s Directors, Graham Taggart, resigned. (See...
Alternative Mining Indaba 2013 Civil society representatives gathered in a parallel event to South African’s Mining Indaba in Cape Town in early February. The official gathering styles itself as the “world’s largest mining investment...
Zambian subsidiaries of Vedanta Resources Plc and Glencore International Plc are among companies that should pay higher dividends to minority shareholder ZCCM Investment Holdings Plc, the state-controlled investor said. ZCCM, 88 percent-owned by the Zambian...
In Zambia, unemployment hovers at about 80%, and 60% of the population lives on less than a dollar a day. Seven thousand kilometres north, you’ll find a wealthy Swiss hamlet called Rüschlikon, where a powerful South African-born commodity trader lives, close to the...
A Division Bench of the Delhi High Court has sought the response of the BJP and the Congress parties on a petition by a non-government organisation working for electoral reforms seeking a probe by a special investigation team or the Central Bureau of Investigation...
In February, for the first time since 2011, there have been new attempts to evict farmers from their land in Jagatsinghpur district of Orissa, India, in order to build the South Korean company POSCO’s giant steel project. Although violence flared up on 3rd...
The United Nations Development Program (UNDP) has begun its evaluation of the environmental impact study for the Loma Miranda expansion project planned by London-listed multinational resource group Xstrata’s Falcondo nickel division in the Dominican Republic....
Article by Ação Ilhéus (Action Ilhéus), Brazil The “Porto Sul” project was initiated on March 3rd 2007 with a letter of intent signed between the Government of the State of Bahia – Brazil and the Bahia Mineração Ltda (BAMIN – a subsidiary of...
For five days in January, a few hundred protesters armed with slingshots in Fort Dauphin, Madagascar, blocked the road to one of the country’s largest economic assets, a $940 million mining operation run by the British-Australian company Rio Tinto. Their grievances...
Mining engineer Jack Parker challenged Rio Tinto over the design of its Eagle Mine in the Upper Peninsula of Michigan in October 2010 (see https://londonminingnetwork.org/2010/10/rio-tinto-subsidiary-slammed-for-unsafe-mine-design-in-us/) and in July 2011 challenged...
