Anglo American beats earnings forecasts but stops short of reinstating dividends The group posted a 51% drop in annual earnings per share on the back of weaker metal prices and said the resumption of dividend payments remained a key priority. See...
Australia’s competition regulator has asked for additional information before it makes a decision on whether or not the proposed $116bn iron ore joint venture between Rio Tinto and BHP Billiton may go ahead. See...
Jac Nasser will replace Don Argus, who is retiring after 10 years as chairman of the diversified miner. See http://www.mineweb.com/mineweb/view/mineweb/en/page504?oid=99551&sn=Detail&pid=92730.
Twenty-one people were injured and 61 were arrested in Ogies, Mpumalanga, on Thursday in protests against BHP Billiton – the second violent action targeting a mining company in the past two weeks, police said. They included three police officials, who were...
One of the most controversial mining projects in Argentina, already affected by the economic crisis last year, has been halted by a court order after protests and clashes in the town of Andalgalá, Catamarca province. The judge’s decision to order an immediate...
An African faith coalition publishes a detailed examination of the ways in which citizens are defrauded of mining profits. The document refers particularly to AngloGold Ashanti, which has a subsidiary listing on the London Stock Exchange, and to Konkola Copper Mines,...
Of all countries around the world, Bangladesh risks being the most profoundly affected by the consequences of adverse climate change – with millions of its poorest citizens facing displacement should sea waters rise by just one metre over the next forty years....
BHUBASNEWAR, India, Feb 23, 2010 (IPS) – When 5,000 indigenous Dongria Kondhs trekked Sunday to Niyam Dongar hill, the abode of their presiding deity Niyam Raja, and designated it as inviolate, it meant they were stepping up their resistance to a controversial...
New York-based Rainforest Alliance has certified Tata (Tetley brand) teas as “sustainable”. The first products carrying this highly sought-after stamp of approval will be selling in the UK before April, and throughout the world over the coming few years....
Uranium mining speculation lacks comprehensive health and safety regulations while the ethics of Canadian exported uranium, which can lead to depleted uranium used in zones of war, needs greater scrutiny. Abandoned uranium mines and the subsequent hazards experienced...
Molybdenum trading on the London Metal Exchange, which began February 22, will mainly be attractive for new players on the market as they will need protection from price volatility, according to Pablo Bascur, managing partner of Chile-based consulting firm MolyExp....
The price of copper closed at US$3.262/lb cash on the London Metal Exchange Friday, up 6.3% week-on-week, while global stocks rose 0.9% to 766,712t, enough for 2.2 weeks of world consumption. See...