Vedanta and market fundamentalism

The road from Rayagada north to Bissamcuttack and the Kalahandi border is in a state of rampant disrepair. A smashed lorry lies overturned in a ditch — one of  countless accidents in recent years. At least two policemen are among the last five years’ hundreds of...

More violence at Xstrata's Philippine project

Once again there has been a violent incident at Xstrata’s Tampakan copper-gold project over the Christmas holiday period. This time security operatives, working for an affiliate of UK-based Securicor, have been injured in an armed attack on company offices....

Deadly Coal comes to Europe

For many years, LMN member group Down to Earth has been working with JATAM, the Indonesian Mining Advocacy Network on a variety of mining campaigns in Indonesia. Following the launch of Indonesian network JATAM’s ‘Deadly Coal’ campaign early in...

"We're not here for De Beers" – Indigenous Peoples

The world’s biggest diamond mining and sales’ company, De Beers, has angered Indigenous land holders by its recent exploration forays in southern India and northern Canada. UK-based Anglo American is the biggest shareholder in De Beers (at 45%), with the...

Rio Tinto revisits India mining plan

Rio Tinto has entered into fresh discussions with Orissa Mining Corporation to finalise a detailed agreement on iron ore mining in the state. If approvals come through, this would be the first foreign investment in iron ore mining in the country. Incidentally, Rio...

Tanzania: Gold's Tragic Dividend

Over the past decade UK-listed African Barrick Gold has become the largest gold producer in Tanzania. In 2010 the company budgeted a total of $20.4 million for protection at all four of its Tanzanian mines; the biggest share going to North Mara, a 16-square-mile lease...

London remains the capital of the known universe

According to the Canadian International Bank of Commerce (CIBC) last year a total of 1,434 mining companies was listed on the Toronto Stock Exchange (TSX and TSX-V),  and “only” 173  on the London Stock Exchange and Alternative Investment Market (with 610 on...

Three workers killed at Anglo American/Xstrata mine in Chile

Note that these two articles from Business News Americas seem to be more concerned about markets and profits than about the tragic deaths of the mineworkers and the impacts of those deaths on family, friends and colleagues. Collahuasi declares force majeure on sales...

Climate news

‘Climate capitalism’ won at Cancun – everyone else loses Positive spin about the global climate summit in Cancun is based on reaching international consensus and establishing instruments to manage the crisis using market-based strategies – even...