Colombia’s Constitutional Court has struck down strict mining regulations passed last year, but said the regulations will remain in effect for two years to give Congress time to draft and approve a replacement bill. This will affect, among others, London-listed...
London-listed Xstrata is directly involved in this project because it could jointly develop a section of the transmission line. HidroAysen’s five dams would flood nearly 6,000 hectares (14,800 acres) of land and require a 1,900 kilometer (1,180 mile)...
Anglo-Swiss mining group Xstrata has temporarily suspended activities at its US$4.2bn Las Bambas project in Peru’s Apurimac region due to protests, spokesperson Domingo Drago told BNamericas. “We have suspended our activities in the area, essentially to...
Germany’s Unlikely Champion Of a Radical Green Energy Path The disaster at the Fukushima plant in Japan convinced German Chancellor Angela Merkel that nuclear power would never again be a viable option for her country. Now Merkel has embarked on the world’s most...
EDM 1606, Proposed open-pit mine in Bristol Bay, Alaska, is an opportunity for MPs to signal their support to protect the pristine waters of Bristol Bay. The more MPs that sign, the better. It’s now easy to send an email. See...
The world’s largest commodities trader is issuing a stock sale, and critics say the firm causes spikes in food prices. See http://english.aljazeera.net/indepth/features/2011/05/20115723149852120.html.
Goldcorp is a Canadian company. Among its major investors are British-based AXA Investment Managers UK Ltd (US$4.3 million), Blackrock Commodities Income Trust plc, and City Natural Resources High Yield Trust PLC. Goldcorp holds its AGM in Vancouver, Canada, on 18...
The blueprint for a multi billion dollar expansion of the world class Olympic Dam copper-uranium-gold mine in South Australia has been in gestation long before the project was taken over by BHP Billiton in 2005. The impacts of the mine expansion could be even worse...
The Autonomous Bougainville Government supports re-opening of the Panguna copper mine, but that can only be possible with the support of the landowners and the people of Bougainville. This is the message from Bougainville president John Momis to the PNG Australian...
While reporting a wider net loss in Q1 due to a major accounting write-down, Ivanhoe Mines reported that construction at its Oyu Togoi copper-gold project it is developing with Rio Tinto was slightly ahead of schedule. See...
Vancouver-based ForestEthics and FairPensions (a member of LMN member group ECCR) have produced a briefing outlining the investment risk of a Shell project to develop coalbed methane in the Klappan, a remote part of British Columbia, Canada. Also known as the Sacred...
Vallar Investments UK Limited, a London-based company, is bidding for 9.743% stake in Indonesian company PT Berau Coal Energy Tbk. About 3,400,000,500 shares of Berau’s total placed and paid-in capital are put for a tender offer at IDR540 per ordinary share, the...