‘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...
Fourteen African and other civil society organisations, including London Mining Network, have called on BHP Billiton to halt its plans to construct a US$5 billion aluminum smelter, and co-fund a $3.5 billion hydropower project, in Democratic Republic of Congo....
UK miner extends grasp over Mongolia, goes for Mozambique Rio Tinto, the third most highly capitalised mining company, and second among global iron ore producers, is bidding for Australian-listed, Mozambique-based, coal mining company, Riversdale. The fit is obvious:...
Sterlite Industries (India) Ltd, a unit of the London-listed Vedanta Resources, can keep running its Tuticorin copper smelter unit for now. The Supreme Court overruled the Madras High Court’s earlier order to close the unit for violating environmental laws. The...
A subsidiary of the Vedanta mining group in India has cleared forest land apparently in violation of Supreme Court orders, the BBC has learned. Papers made available to the BBC reveal that Sterlite Industries cut down the trees while constructing a new power plant in...
London-listed miner Vedanta Resources Plc plans to use some of the USD 1.1 billion it plans to raise through an initial public offering (IPO) of Zambian miner Konkola Copper Mines (KCM) to repay part of the USD 6 billion debt it has taken to acquire majority stake in...
Rio Tinto said it plans to invest over $1 billion in its Canadian aluminium smelters to improve production efficiency through modernization and expansion. The Anglo-Australian mining giant, which acquired the assets through its purchase of Alcan in 2007, said it will...
The Panguna mine on the Pacific island of Bougainville is owned by Rio Tinto subsidiary Bougainville Copper Ltd. Operation of the mine led to a war of independence against Papua New Guinea. Women oppose Panguna review THE women and children of Bougainville are not...
The Anglo American/Northern Dynasty Pebble Mine copper-gold project near Bristol Bay, Alaska, is opposed by many Native people and sport and commercial fishermen. Northern Dynasty is part owned by Rio Tinto. December’s issue of National Geographic magazine...
She has featured in the WikiLeaks dump of US government cables, which make note of her closeness to former prime minister Gordon Brown and her reputation for dealing harshly with public servants. See...
Union officials said hundreds of workers went on strike at BHP’s Hillside aluminium smelter, demanding better wages and changes to working conditions. See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=116583&sn=Detail&pid=92730.
The State Assembly adjourned as stalemate entered the eighth day in a row with the Opposition Congress creating hullabaloo, demanding the resignation of the chief minister and action against officials and Vedanta in the wake of the High Court judgment. See...
