Ravenstruther Coal Terminal Shut Down! Ravenstruther coal rail terminal in South Lanarkshire was brought to a standstill when anti-coal protesters descended on to the site and climbed atop machinery. The coal rail terminal owned by Scottish Coal, is the main loading...
Representatives from Unesco will visit the Mapungubwe National Heritage site to assess the impact of mining in the area, the Save Mapungubwe coalition group says. Coal of Africa (CoAL), an Australia-based mining company with a listing on the London Stock Exchange,...
The project is a proposed 30 million tonne per year open-cut thermal coal mine in Queensland’s Surat Basin with a total investment, including port and rail infrastructure of about $6b. Wandoan Coal Project executive general manager Stephen Bridger said Xstrata...
Mining investment company Vallar plc Tuesday said it intends to buy a 25% stake in Bumi and 75% stake in Berau for a combined consideration of about US$3 billion, in a cash and new Vallar shares deal. As part of the transaction, Vallar will be renamed to Bumi plc....
The world’s third-largest gold-miner, AngloGold Ashanti, announced that it had sold its 10,17% stake in Vancouver-based B2Gold Corporation. AngloGold realised net proceeds of C$70-million from the sale of more than 31-million shares, or its entire holding in the...
The Australian government wrapped up four months of consultation with miners on a planned tax on profits, with Resources Minister Martin Ferguson calling them “constructive” after reports of friction over royalty payments. But the government would not...
Introduction by mining researcher Roger Moody With a double failure to make a stock market killing in as many months, the world’s biggest mining company is nursing its wounds. But – almost alone among senior mining companies – BHP Billiton now “suffers”, not...
The OECD has supported Australia’s controversial proposed mining tax by saying it is fair and efficient and recommended it be imposed on all miners. This affects, among others, London-listed mining giants Anglo American, BHP Billiton, Rio Tinto and Xstrata. See...
Foreign gold mining companies in Ghana regularly seize people’s land, pollute the environment and violently suppress those who oppose them, according to a new report by a human rights team at the University of Texas School of Law. The report concentrates on...
Management at Chile’s Doña Ines de Collahuasi copper mine is still working on a proposal to be offered to striking workers who may want to return to work by the end of the week. Collahuasi, which produced 535,000t of copper in 2009, is controlled by...
The local operations of Xstrata Copper, a subsidiary of London-listed Xstrata, saw exports increase 19.5% to 165,700t. Exports from Anglo American Chile’s northern operations – the Mantos Blancos and Mantoverde mines – jumped 42.3% to 152,500t....
A class action suit has been filed in Canada against a domestic company, accused of complicity in one of the worst recorded atrocities of the recent bloody conflicts in DR Congo. It is alleged that, in 2004, Anvil Mining (then listed on the Australian stock exchange)...
