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 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...
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...
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...
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...
Mongolia’s mining boom includes a vast coal mine at Tevan Tolgoi and Rio Tinto’s Oyu Tolgoi copper and gold mine, which will provide some of the metal for the 2012 Olympic medals. New mega-mines compete for water with people living traditional nomadic...
Activists outside the US Embassy in London surrounded a model of the White House to protest against the proposed US Keystone XL pipeline. Holding banners that read “Obama NO!” and “Tar sands is blood oil”, the action corresponded with 6000 people in Washington DC...
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 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...
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 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...
It’s “nothing more than an attempt to transfer American resources from the hands of the American public to foreign interests”. That’s what a representative of the San Carlos Apache Tribe told the UN Permanent Forum on Indigenous Peoples in...