Rio Tinto and BHP Billiton pile tax pressure on Australian PM

BHP quoted saying mining tax lowers value of Rio JV BHP Billiton chief executive Marius Kloppers said the Australian government’s proposed mining tax has cut the value of its proposed Pilbara iron ore merger with Rio Tinto, a newspaper reported. See...

BHP's 'tea money' missing in Cambodia

BHP Billiton is being investigated by the US Securities and Exchange Commission (SEC) over violations of anti-graft laws. There was some speculation on the unnamed jurisdiction. It now appears likely to be Cambodia after these Sydney Morning Herald articles discover...

World's top 100 miners: is it a bear market?

In just six weeks, global markets turbulence has ripped the shoes off global miners. Measured on its London listing, BHP Billiton, the world’s biggest diversified resources stock, touched all time records on April 6, just below £23.50 a share; since then...

Open-pit coalmining at Phulbari not feasible

The geological and hydro-geological environment of the Phulbari coal basin is not favourable for open-pit mining, writes AKM Shamsuddin. But Asia Energy, owned by London-listed GCM Resources, is determined to proceed with just such a mine. See...

Shell, RBS challenged over tarsands

Shell: investor campaigners strike blow on tar sands Shareholders have fired another warning shot across the bows of an oil major with just under 11% of shareholder votes at today’s annual general meeting of oil giant Shell refusing to back management over the...

Groups urge US Ex-Im Bank not to fund Pascua Lama

Barrick is a Canadian company but London-based AXA Investment Managers UK Ltd had over $10 million invested in the company in 2007, BlackRock Commodities Income Trust plc has invested in the company, and the company also has connections with Millhouse Capital,...

Introduction to Anglo American plc

This website contains links to a large number of articles about Anglo American plc, which can be viewed at https://londonminingnetwork.org/tag/anglo-american/. The related Mines and Communities website (http://www.minesandcommunities.org/) contains a much larger...

Victory for locked out workers at Rio Tinto mine in Boron

NB The agreement has now been ratified by 75% of the Borax workforce. May 16, 2010: The Los Angeles labour movement celebrated the announcement of a tentative settlement in the lockout of workers that had ravaged the small mining town of Boron, California. See...

A Sacred Fire Is Burning at Eagle Rock

Around the world, indigenous communities are defending their homelands and sacred sites from mining companies with more urgency than ever. With the fictional Avatar receiving so much media attention, it’s important to realize that very real battles between...