Press release from Leigh Day and Co 20 July 2011 Legal proceedings by 33 Peruvians against UK-based Monterrico Metals PLC have been settled by compensation payments, without admitting liability. The London High Court trial was scheduled for 10 weeks from October with...
London-listed mining group Vedanta Resources has completed the first tranche of its purchase of Cairn Energy’s Indian subsidiary after acquiring a 10 per cent stake for $1.5 billion. Vedanta acquired 191.92 million equity shares of Cairn India at Rs 355 per...
Barbed wire fences and the sweltering heat failed to hold them back Sunday afternoon. Mine opponents and the environmentally conscious covered the Yellow Dog Plains in a peaceful demonstration, a message for Rio Tinto subsidairy Kennecott Eagle Minerals to back off....
One of the Congress party’s oldest, and best-respected, member is now the new Cabinet Minister of Tribal and Panchayati Raj Affairs in India’s central (union) government. Last week, Vyricherla Kishore Chandra Suryanarayana Deo reportedly...
New herders’ organisation pledges fight for change A former Goldman Environmental Prize winner is set to take on the fastest-growing mining industry anywhere in the global South. Mongolia’s Tsetsegee Munkhbayar, a nomadic herder and leader of the...
On 7 July 2010, Diodora Antonia Hernandez Cinto (a Mayan-Mam campesina woman from the mountainous village of San Jose Nueva Esperanza) was shot point-blank in the head and left for dead by two local men (mine workers) who ran off into the night. She was shot because...
Glencore International PLC is to buy a 70% stake in a Peruvian project for $475 million, its latest acquisition since listing last month and a move that expands its portfolio in the South American country to include copper. See...
After its $US39 billion bid for Canada’s Potash Corp was blocked last year, BHP Billiton, having already seen the failure of its proposed iron ore production joint venture with Rio Tinto stymied by regulators, came to the conclusion that the only segment of the...
It’s not a particularly radical scheme – and one which will ultimately depend on the dubious marketing of carbon permits in around four years time. However, the Australian government’s plan to cut global greenhouse gas emissions has the mining...
The award of a much-delayed mining permit that will turn European Goldfields (listed on London’s Alternative Investment Market) into Europe’s largest primary gold producer could also make it a prime takeover target, in a sector where players are scrambling...
(Hansard source (Citation: HC Deb, 20 July 2011, c1057W)) William Bain (Glasgow North East, Labour): To ask the Secretary of State for Foreign and Commonwealth Affairs what representations he has made to his counterpart in Colombia on potential levels of population...
Two minute video showing the climate impact of internet use. See http://pointblankcreative.ca/blog/?p=1951 – then disconnect from the internet and turn off your computer!
