One of the world’s leading business websites, Forbes.com, has turned its attention to the unacceptable activities of companies that are mining iron ore in the Indian “holiday” state of Goa. The key culprit identified is Dempo – a company...
Just one more hurdle faces Grupo Mexico, before it’s allowed to take over one of the world’s biggest copper companies, the bankrupted Asarco. There’s still a prospect that Vedanta Resources will pip the Mexican miner to the post when a US district...
A plea to Vedanta – stay out of the Niyamgiri Hills “I am a Dongria Kondh and take pride in my identity. I live in the Niyamgiri hills. The hills are also the abode of our gods. It never occurred to us or our ancestors that our home or way of living would...
Recently, the government of DR Congo announced results of an audit of mining contracts signed with the former military regime, mostly by foreign companies. Arguably, it took the return of a fragile democracy (though certainly not of stability) for this process to be...
The Colombian mines and energy ministry (Minminas) said the country has the necessary knowledge and experience to ensure that the development of the La Colosa gold project will meet all social and environmental standards. Communities continue to oppose it vigorously....
A BBC report investigates the links between mineral production and armed conflict in the Democratic Republic of Congo. Mabolia Yengo, who advises DR Congo’s ministry of mines, believes that a process of certification to ensure the mining does not fund violence...
A weekend attack left two security guards injured but has not affected production, the company said. See http://www.mineweb.com/mineweb/view/mineweb/en/page34?oid=89128&sn=Detail.
Rio Tinto says iron ore price talks with China suspended, no idea when they might resume. See http://finance.yahoo.com/news/Rio-Tinto-suspends-iron-ore-apf-321216491.html?x=0&sec=topStories&pos=7&asset=&ccode.
In a case that has implications for mining companies as well as oil companies, the British oil trader Trafigura has offered to pay out in a historic damages claim from 31,000 Africans injured by the dumping of toxic waste in one of the worst pollution disasters in...
REMUNERATION for BHP Billiton chief executive Marius Kloppers soared 51 per cent to $US10.39 million ($A12.08 million) in the June year, despite broad-based government and community pressure for executive pay restraint in the wake of the global financial crisis. See...
If the Swiss-based, London-listed company bids for the world’s third-largest platinum producer, it could signal an end to its hostile pursuit of Anglo American. The mining world’s great white shark – Xstrata PLC – is on the verge of another...
With another session of the Canadian Parliament starting up this week, Canadian resource executives will be casting an uneasy eye away from their mining developments and toward the halls of Ottawa. This is the session that could determine the future of Bill C-300, a...
