Benchmarks report on De Beers

The South African Benchmarks Foundation has produced a report on the activities of De Beers in Botswana and on South Africa’s west coast. London-based Anglo American plc owns 45% of De Beers. See http://www.bench-marks.org.za/ and click on the repots listed on...

Avatar in Ecuador

If there were ever a place that came close to the magical world of Pandora in James Cameron’s new film Avatar, it would probably be the Amazon. There may not be butterflies that look like flying squid, but in the Amazon can you eat giant worms and lemon flavored ants...

Church of England disinvests from Vedanta Resources plc

“… after six months of engagement, we are not satisfied that Vedanta has shown, or is likely in future to show, the level of respect for human rights and local communities that we expect of companies in whom the Church investing bodies hold shares.” NEWS from...

Six wounded in ambush near Freeport-Rio Tinto mine in West Papua

Six people were wounded Sunday in a shooting ambush near US company Freeport McMoRan’s massive gold and copper mine in Indonesia’s eastern Papua region, police said. Three policemen and three mine workers were hurt in the ambush on a convoy of buses and...

Balochistan halts $3.5bn copper project

Despite the relative poverty of the Pakistani province of Balochistan, the local authorities have decided that the proposed Reko Diq mine will not make things better. The company involved, Antofagasta plc, while controlled by Chilean capital, is listed in London and...

Miners’ efforts fail to cut death toll

The leading UK-listed mining companies have failed to bring down the number of fatalities at their operations over the past five years in spite of considerable efforts to do so. A Financial Times survey of five leading UK-listed mining groups – Rio Tinto, Vedanta,...

Report: Kennecott Tailings Dam Still Public Safety Threat

While not the vindication that Rio Tinto subsidiary Kennecott wanted, a company-funded report released on the danger of Kennecott’s massive 5,700 acre tailings impoundment, north of Magna, Utah, says the tailings dam may fail, but will not destroy residential areas,...