Anil Agarwal, chair of Vedanta Resources plc, has been elected “Businessman of the Year” by a panel put together by India’s Economic Times. It’s a risible decision, even by the panel’s own narrow criteria. See...
One person has been killed and at least four injured in clashes between police and protesters at a gold mine in the northern Ancash region of Peru. The mine is run by Canadian company Barrick Gold, in which there is major British investment (see...
Colombia’s mines and energy ministry (Minminas) is discussing an extension to negotiations of one of the contracts held by Anglo-Australian giant BHP Billiton for the Cerro Matoso ferronickel mine, mines and energy minister Federico Renjifo told reporters. See...
Goldcorp has been having problems in Chile. Concerned that their own Collahuasi copper project will suffer the same fate as Goldcorp’s, London-listed Anglo American Plc and Xstrata Plc have already delayed the submission of environmental impact studies in order...
London-listed mining company’s shares plunge after ‘whistleblower’ publishes damning documents Andrew Hickman, from the London Mining Network, said: “We continue to question the legitimacy of Bumi plc’s listing on the London Stock...
Ulaanbaatar, Mongolia, September 24, 2012 – The World Bank Board of Directors has announced plans to consider a copper and gold mining project in the Mongolian South Gobi desert even though the Bank itself acknowledges that there is not enough water in the region to...
Striking Lonmin miners take 22% pay rise offer Workers at Lonmin’s Marikana mine have accepted a 22% overall pay increase to end more than five weeks of deadly strikes. The agreement reached Tuesday also includes a once-off payment of $250 (2,000 rand) to partly...
EU politicians vote for tough oil, gas anti-corruption law European Union legislators have voted for a draft anti-corruption law, echoing rigorous U.S. rules to make oil, gas and mining firms declare payments they make in resource-rich nations. Pressure has mounted on...
Earlier this month, the Mines and Communities website criticised London-listed Vedanta Resources for trying to force India’s Orissa government into granting the company bauxite leases, by pleading a dearth in ore to feed its Lanjigarh alumina refinery. (See:...
India’s state of Goa shuts all iron mines All ninety iron ore mines in India’s holiday state of Goa have been temporarily closed, following a government-backed inquiry which concluded they were without environmental permits. The MB Shah Commission, which...
Though Not Yet Open, Rio Tinto’s Huge Mine Is Transforming Mongolia’s Landscape In the dry expanses of southern Mongolia, a handful of large blue buildings are clustered together, ringed only by a thin metal fence. A single plane sits on an airstrip, while power...
The Philippine Government has issued its new rules to implement the President’s Executive Order No. 79 on mining. Despite assertions that these will settle the issue of Xstrata’s Tampakan project being blocked by the local government, it seems they...
