Codelco locks horns with Anglo over option

Chilean copper giant Codelco is on a collision course with Anglo American, insisting it has the right to buy up to 49 percent of the miner’s south Chilean assets even after a surprise stake sale. See...

Australia Passes Landmark Carbon Price Laws

Australia passed landmark laws last week to impose a price on carbon emissions in one of the biggest economic reforms in a decade and injecting new impetus into December’s global climate talks in South Africa. Among London-listed mining companies affected are...

Evraz gets support for full London listing

Russian steelmaker Evraz has received acceptances for its proposed share swap and relocation to Britain from just over 98 percent of shareholders, allowing it to proceed with a premium London listing and potential entry to the FTSE 100. The company, part owned by the...

Nuclear news

Ridding the world of nuclear threats? The central Asian state of Kazakhstan was among the first to ban all nuclear weapons testing on its territory. Last month the government established the world’s first international nuclear fuel bank, with the assistance of...

Papua: Freeport-Rio Tinto labour battles have no end in sight

Indonesian Police accused of accepting bribes There’s no end in sight to the world’s biggest wages-related mining strike, as Freeport workers continue blockading (West) Papua’s Grasberg operations, following Indonesian police attacks that have...

India: Is POSCO's road to destruction about to be built?

The “Indian summer” which saw a lull in attempts by Orissa’s government to advance the notorious POSCO project, may be just about to end. There are now fears that company “security”, backed by police, will at any time attempt to construct...

Indonesia 's Bakrie to sell 23.8% Bumi stake for $1 bn

Indonesia ‘s Bakrie Group is selling a 23.8 percent stake in London-listed Bumi Plc, its venture with financier Nat Rothschild, to coal miner PT Borneo Lumbung Energi in a $1 billion deal to avoid a loan default. The deal with Borneo, which is backed by...

Cyanide from British-owned mine pollutes Kazakh river

The Kazakhstani Ministry for Emergency Situations warned that cyanide levels in the Sekisovka River exceed acceptable levels by 516-fold after an industrial accident, Radio Free Europe/Radio Liberty (RFE/RL) reported November 2. The cyanide accidentally spilled into...

Kazakhstan's MPs Toughen Ecology Laws For Miners

Kazakhstan’s parliament has approved a strict ecology bill, in a move expected to make some of the world’s leading metals miners spend more on treating their waste. Ashim told Reuters in an interview in March that the new law would have an impact on all...