Firestone Diamonds plc, the AIM-quoted diamond mining and exploration company, is responsible for financing, construction and operation of the plant. Firestone Diamonds plc is an international diamond mining and exploration company with operations in Botswana and...
The European Union is considering 12 more years of state aid for coal, a draft European Commission document showed, even as the Group of 20 prepared to discuss phasing out fossil fuel subsidies. The current EU subsidy regime expires this year, and European Competition...
The owners of British coal miner Scottish Resources Group are seeking to bank more than 200 million pounds selling stakes held for 16 years in an initial public (IPO) offer next month, sources close to the deal said. See...
In a highly unusual move, India’s Prime Minister has intervened directly in the approval process for one of the world’s most controversial mines. The office of Prime Minister Dr. Manmohan Singh has written to the Environment and Forests Ministry urging it...
Vedanta’s alumina refinery in Orissa blithely continues to pollute the surrounding villages, despite the recommendations of the Supreme Court’s Central Empowered Committee that it be closed since it poses environmental and health hazards… See...
The final part of the Dodgy Development: DFID in India series by Eshwarappa M and Richard Whittell, published by Corporate Watch over the past few months, focuses on the British government’s Department for International Development’s funding of civil...
Eight power plants in India, and three steel factories in China, are said to be ‘screaming for product’ from a major newly-exploited coal field in Mozambique. Two Indian groups – Jindal and Coal India – have concessions in Tete province, as do the...
“While drilling for oil and gas is banned in the Great Lakes, other actions still threaten our waters. Mining has been done safely to the benefit of the Upper Peninsula economy for generations, but the sulfide mine proposed in Marquette County by the Kennecott...
An estimated 2,000 Papuans took to the streets of provincial capital Jayapura to demand independence from Indonesia, days after a local council called for the province’s special autonomy to be revoked because of its perceived ineffectiveness. The Papuans, who marched...
The International Monetary Fund has given its support to the Australian Federal Government’s planned resource super profits tax. The deputy head of tax policy at the IMF Philip Daniel has told a tax conference in Sydney that the proposal is a worthwhile reform....
by Adrienne Margolis, IBA (international Bar Association) Businesses in the extractive industries are raising their game when it comes to human rights, but there’s some way to go yet. This article gives some case studies involving Rio Tinto. See...
With weeks to go before the start of new Mercosur-EU talks on creating a free trade zone, the two sides clashed as they met in the Argentine capital to advance cooperation in mining trade. Officials said the clash occurred as ministers from Mercosur — Argentina,...
