Two of Australia’s biggest natural resources firms criticized the government’s plan to put a fixed price on carbon emissions, saying that without significant changes, the scheme could be potentially disastrous for Australian businesses. Global miner Rio...
To combat illegal exploitation of conflict minerals in Africa, the European Commission is expected to table by November a proposal for an EU law asking large companies to reveal their oil and mining activities to shareholders. The EU executive will table a proposal to...
The court ruled unanimously favour of Thembekile Mankayi against AngloGold Ashanti. The judgment paves the way for claims for occupational health diseases for ex-mineworkers in South Africa, a lawyer said on Thursday. AngloGold Ashanti has a secondary listing on the...
With sacrificial blood stained rice in their hands tribals took ritualistic vow at the top of Niyamgiri hill in Kalahandi district in the Indian state of Orissa to lay down their lives to protect their ‘Niyam Raja’ from destruction by proposed mining for...
BOUGAINVILLE’S feared rebel Me’ekamui hardliner Chris Uma has lashed out at the Autonomous Bougainville Government and the Panguna landowners for talking about the mine re-opening before addressing outstanding issues. Mr Uma, who still has a big following in...
Global mining giant BHP Billiton has agreed to buy shale gas interests from Chesapeake Energy Corp for $4.75 billion in its first move into shale gas as it looks to beef up its oil and gas business. In BHP’s first big acquisition since a string of failed deals,...
BHP Billiton CEO Marius Kloppers had a lot of analysts scratching their heads after he revealed BHP Billiton planned to spend $US80 billion investing in its current portfolio over the next five years. Even though Kloppers nominated, without specifics, the broad areas...
After thriving outside of the limelight for four decades, the omnipresent commodities trading house Glencore is considering a listing on the London Stock Exchange. Given its impeccable timing, does it mean the top of the commodities cycle? See...
Further wikileaks reveal an even bigger “conspiracy” than earlier thought, on the part of western diplomats to undermine campaigns against mining in the Americas. The diplomats – from the U.S., Canada, U.K., Australia, Switzerland and South Africa...
In defence of beleaguered Minister of International Cooperation, Bev Oda, Prime Minster Stephen Harper told the Canadian Parliament that the Canadian International Development Agency should give money only to “the poorest and the most vulnerable.” This is...
Can the South African government avert potentially the worst environmental mining disaster in history? According to recent reports, toxic liquids in abandoned underground gold mines have now reached a level between 500 metres to 700 metres below the surface of the...
About fifty protesters, including members of Greenpeace, set up a camp on the access road to Barrick Gold’s Veladero and Pascua Lama mines in Argentina. The protest was done to promote the Glacier Law enacted last October. Police personnel acted to clear the...
