Rio Tinto: what now for Alcan?

Analysis by Nostromo Research Rio Tinto’s shutdown of its aluminium smelter at Lynemouth in Northumberland, in north east England, announced recently, marks the start of the company’s attempt to reap some dividend for, arguably, the worst business decision taken in...

BHP Billiton – Dirty Energy

BHP Billiton holds its Australian AGM on Thursday 17 November. A coalition of organisations including London Mining Network has produced an ‘alternative annual report’: BHP Billiton – Dirty Energy. To read the alternative report, see...

Please urge your MP to sign Early Day Motion 2396 on Cerrejon Coal

Jeremy Corbyn MP and others have tabled an Early Day Motion calling on the UK Government to support the demands of communities affected by the Cerrejon coal mine in Colombia, jointly owned by London-listed mining companies Anglo American, BHP Billiton and Xstrata. If...

Philippines: Where is the safety?

Following recent attempts to militarise mine sites, and associated killings, there has been a plethora of news stories on Philippines mining issues. There is more fall-out from the murder of Fr. Fausto ‘Pops’ Tentorio, as the investigators pursue...

Borneo mines lure Rothschild into the wild

It was supposed to be a union of two legendary business dynasties, one West, one East. Nathaniel Philip Rothshild, the 40-year-old scion of the storied European banking family, forged a deal a year ago with the Bakrie brothers, one of Indonesia’s mightiest...

Climate Vulnerable Forum Declaration adopted

Nineteen climate vulnerable countries have signed the Climate Vulnerable Forum 2011 Dhaka Declaration: Afghanistan, Bangladesh, Bhutan, Costa Rica, Ethiopia, Ghana, Kenya, Kiribati, Madagascar, Maldives, Nepal, Philippines, Rwanda, Saint Lucia, Tanzania, Timor-Leste,...

Pipe Dreams: Keystone delayed until 2013!

Obama delays the Keystone XL tarsands oil pipeline decision for over a year. See http://www.no-tar-sands.org/2011/11/pipe-dreams-keystone-delayed-until-2013/.  

Vedanta profits plummet

The miners are still cashing in on higher commodity prices, but rising energy and labour costs are starting to hurt. That was the message delivered with results from metals behemoths Vedanta Resources and ENRC. See...

Oppenheimers flog De Beers stake to Anglo American

Shining under the blazing African sun, diamonds have an allure consummate with their high price and beauty. For Anglo American, a Fortune 500 globally diversified miner, the opportunity to get their hands on some more sparkle has proved too much to resist. Last week...