Peru top court puts tribal sovereignty ahead of mining, logging
Peru’s top court has affirmed the right of an Amazon indigenous community to block outsiders from entering its lands – a ruling that could foil resource extraction in tribal areas, experts said. Among London-listed and London-financed companies operating...Guatemala: Hudbay Minerals Chief of security arrested for murder
Almost three years to the day after the brutal slaying of community leader Adolfo Ich at Hudbay Minerals’ mining project in Guatemala, Guatemalan authorities finally arrested the former chief of security of the mine, Mynor Padilla, on charges of murder and attempted...'Hundreds of problems' at EU nuclear plants
Hundreds of problems have been found at European nuclear plants that would cost up to 25bn euros (£20bn) to fix, says a leaked draft report. See http://www.bbc.co.uk/news/world-europe-19804817. Bumi’s lesson: FSA light-touch approach does not work
Press release from Down to Earth, London Mining Network and War on Want Date: 2 October 2012 The announcement (1) of new Financial Services Authority (FSA) rules on reverse takeovers (2) and other regulatory ‘blind spots’ is yet another case of too little...From Burke to Bumi – an Indonesian scandal
London Calling asks why early warnings weren’t heeded It’s too soon to claim that Bumi – the world’s largest single miner of dirty coal – is about to go bust. However, recent revelations of a huge accounting scandal at the heart of the...South Africa shootings: Marikana mine inquiry begins
A judicial commission of inquiry into the fatal shootings of 44 people at a Marikana mine has opened. The inquiry was set up by South African President Jacob Zuma. The investigation will determine the roles played by the police, the management of the platinum mine,...Frankglenstrata – the birth of another mining monster?
1 October 2012 It looks as though the on-off merger between Glencore and its already partly-owned associate Xstrata will go ahead after all, with Xstrata’s board recommending shareholders to vote in favour of the deal. This after Tony Blair earned a reported $1...Bumi: we said so, didn't we?
London Mining Network and others have been warning of malpractice at Bumi for months. At last, the Financial Services Authority is beginning to take notice. Click on the photo for more…