Anglo American financial news

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...

New BHP Chairman to take the reins on March 30

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.

Robbing Africans

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,...

Bangladesh calls for more assistance to reduce climate impacts

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....

London Calling deplores the gilding of Tata's tarnished image

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....

The impacts of uranium mining on indigenous communities

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...

LME molybdenum trading attractive for new players

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....