The Philippines has a new President. He is the son of the national heroine, ‘Cory’ Aquino. After the pro-mining policy of previous President, Gloria Macapagal-Arroyo, there are hopes that “Noynoy” (as he is popularly known) will literally bring...
AMID keen interest by big firms in the country’s mineral resources, the Philippines Government has stepped into the controversy created by a local government unit’s (LGU) decision to ban open-pit mining in the southern Philippines. The Department of Environment and...
Anglo-Swiss mining group Xstrata’s board has approved an investment of US$1.47bn to develop the Antapaccay copper project as a brownfield expansion to the Tintaya red metal mine in southern Peru’s Cuzco region. Peruvian authorities recently approved the...
“The three names dominating about 75% of global seaborne iron ore, Vale, Rio Tinto, and BHP Billiton, are full force involved in West African iron ore.” London-listed African Minerals has announced further significant Chinese investment in its Tonkolili, Sierra...
Ivanhoe Mines said it is opening its doors to strategic investors, a move that could force its largest shareholder, Rio Tinto,to pay a premium if it decides to seek control of Ivanhoe. See...
In the wake of the Environmental Protection Agency’s decision that no federal permit is necessary for a controversial new nickel sulphide mine to be located on state land near Lake Superior, state officials and mining experts are questioning the state’s ability to...
Energy Resources of Australia said it will need to buy uranium to meet sales commitments. It posted a 44 percent drop in second quarter uranium oxide output and said it will need to buy uranium to help meet sales commitments after cutting its full-year production...
Two controversial Anglo-Australian mining giants who abandoned operations at Bougainville copper mine and the Ok Tedi mine in the Western Province of Papua New Guinea due to the Bougainville crisis and environmental damages are still keen on mineral exploration and...
The Cerrejon mine is owned by three London-listed companies: Anglo American, BHP Billiton and Xstrata. In May 2010 Danish NGO DanWatch issued a report on the alleged negative social & environmental impacts of the mine, which supplies coal to DONG Energy and...
There’s a vast supply of valuable metal in Alaska just waiting to be mined, but doing so could spell environmental disaster for the area’s salmon population. A major discovery of gold, copper and a metallic ore called molybdenum have been scoped out via exploratory...
Top mining executives may be plain shy of joining an overburdened Cynthia Carroll as Anglo American continues its internal remodelling. Has Anglo American, the transnational miner, run short of ideas over its continuing remodeling, a process that has been underway for...
The net result of the recent heated debate in Australia over whether mining companies should pay considerably more tax, led to the ousting of the prime minister after millions of dollars were subscribed to a high-profile advertising campaign by the big mining...
