Nuclear radiation is forever By Helen Caldicott And Dale Dewar. Port Hope is the deep dark underbelly of the Canadian nuclear industry, representing dangers that so far, have escaped sufficient scrutiny and cleanup. See...
The mining majors are pumping cash, but huge capital expenditures increasingly compete with investor demand for bigger dividends, and stock buybacks. Media reports in the UK have it that individual institutional shareholders are “campaigning” for BHP...
Russian mining group Severstal’s unit Nord Gold confirmed it had postponed plans for a $1.5 billion London IPO (initial public offering) due to market conditions. Market attention will now turn to Russian state-controlled lender VTB, which will close the books...
TWO of the world’s leading stock exchanges for resource stocks have announced a “merger of equals” to create a transatlantic group with a market capitalisation of $C5.8 trillion ($A5.7 trillion). The combined group will have joint headquarters in London and Toronto,...
February 9, 2011 Media Contacts: Paula Palmer, Director, Global Response Program, Cultural Survival, 00 1 303 444-0306, paula@cs.org Joanna Levitt, Executive Director, International Accountability Project, 00 1 415-659-0555, joanna@accountabilityproject.org Rumana...
The Pebble Project is owned by Anglo American and Northern Dynasty (in which Rio Tinto is a major shareholder). News from Earthworks Action (http://www.earthworksaction.org/home.cfm) The US Environmental Protection Agency (EPA) said on Monday 7th February that it will...
The UK government’s decision to delay implementation of the landmark Bribery Act for the second time casts serious doubt on its commitment to combating corruption, say major aid agencies. Global Witness, Tearfund, CAFOD and Christian Aid made the challenge to...
The Indian Summers are finally over. Jairam Ramesh, India’s environment minister, has betrayed earlier expectations (boosted particularly by his decision last year to ban Vedanta’s Nyamgiri mine) that he would put people and environment before trade and...
The Indian ministry of environment and forest (MoEF) has informed the Orissa high court that the application by Vedanta Aluminium Ltd. (VAL) for expansion of its Lanjigarh refinery cannot be considered at all as the company has violated environment laws seriously. The...
Villagers of one of India’s most-impoverished areas broke down at a public hearing held here and asked Vedanta Resources officials to “kill them now rather than forcibly trying to take over their land”. The mandatory public hearing was held by authorities to...
The news has gone around the world. Wikileaks has revealed new diplomatic cables regarding meetings between representatives of key mining companies operating in Peru and the ambassadors of the US, Canada, Britain, Switzerland and South Africa – countries that...
In Colombia, progress is in peril. A key court ruling that stopped a mining project threatening biodiverse forests and human rights is under attack. See http://www.aida-americas.org/sites/default/files/2011_02_0.html. Rio Tinto has an interest in the project. For...
