While it may only be a formality, Rio Tinto’s $US302 million purchase of another two per cent of Ivanhoe Mines finally cements its control of the group and its prize asset, the giant Oyu Tolgoi copper-gold prospect in Mongolia. By moving to 51 per cent of Ivanhoe, and...
Mining in southern Mongolia is threatening the livelihoods of herders and straining water supplies, a report said recently, as foreign companies race to exploit the country’s rich mineral deposits. Mongolia has opened up it vast reserves of natural resources to...
LANDOWNERS of the Bougainville Copper Mine have called on the government for the Bougainville Copper Agreement (BCA) Act 1969 to be repealed. Panguna Landowners Association (PLA) stated that if Panguna Mine is to be re-opened, this has to be negotiated under a totally...
On January 1, 2012, Rio Tinto’s aluminium subsidiary Alcan locked out 780 members of United Steelworkers at its smelter and refinery in Alma, Québec. The company refuses to negotiate limits on contract work. See...
For at least the last five years, Kennecott Utah Copper, a subsidiary of Rio Tinto, violated the federal limits on ore and waste rock production at its Bingham Canyon Mine, the largest open pit copper mine in the world. Kennecott agreed in 1994 to limit production to...
She’s the richest female in the Asia-Pacific region and bidding fair to become the wealthiest woman of the world. This year, Gina Rinehart’s estimated personal pickings are likely to double – to at least $20 billion. This is thanks to a 15%...
Nearly 10 years of a mining boom has made big changes to Australia’s economy and environment. Resource companies have made record profits. This has given Australia’s rich mining billionaires an inflated sense of entitlement. When the Resources Super Profits Tax (RSPT)...
Forty seven Indigenous villagers from Rengopalli, Orissa, were violently arrested on 21 January, as they nonviolently protested against UK-listed Vedanta Resources. The company wanted access to the villagers’ ancestral land for its second “red mud...
London-based Anglo American is disrespecting the rule of law when criticizing the Chilean attorney general office’s criminal investigation into the sale of a 24.5% stake in its assets in central Chile, state copper producer Codelco’s copper workers...
UK Tar Sands Network comments on the Canadian government’s attack on tar sands opponents as ‘enemies of the state’. See http://www.no-tar-sands.org/2012/01/calling-all-foreign-radicals/.
Lawyers acting on behalf of British anti-nuclear campaigners have submitted a complaint about atomic subsidies to the European Commission which, if upheld, could prevent the building of new nuclear reactors in the EU. “Nuclear power is heavily subsidised, and even on...
Glencore is facing legal action over pollution caused by its vast and lucrative copper operations in Zambia. Glencore’s Mopani Copper Mines subsidiary has been a thorn in the firm’s side since its £6billion float in May last year, throwing up allegations...
