Analyst Simon Hunt expects lower prices will soon be seen in an “increasingly volatile marketplace for the metal”; and, with the global economy facing a renewed downturn, prices may dive from 2011 onwards – indeed, may actually collapse by then. Not...
Seven years ago, the operations of Freeport-Rio Tinto at the world’s most controversial mine hit international headlines. This wasn’t because of the massive toll in human rights and environmental abuses over the past three and more decades, caused by the...
See press release below from World Development Movement, PLATFORM and People & Planet. See related press coverage: Financial Times: http://www.ft.com/cms/s/0/8007e284-64ef-11de-a13f-00144feabdc0.html?nclick_check=1 The Herald:...
The Church of England and one of Britain’s leading charities have been revealed as shareholders in a London-based company behind a controversial aluminium mine in India which campaigners allege will wreak environmental destruction. Vedanta Resources, a FTSE 100...
Two years ago UK-listed Vedanta Resources plc was awarded India’s “Golden Peacock ” 2007 prize for best practices in training. That event failed to ruffle many feathers, nor was doubt cast on the organisation making the award – the so-called...
London-listed Xstrata Plc, the largest exporter of coal used by power plants, has proposed a “merger of equals” with Anglo American Plc to gain access to iron ore mines and control of the world’s biggest platinum producer. Xstrata pressed the directors of Anglo...
A few years ago Rio Tinto walked away from one of the most controversial mines in its recent history – the Flambeau copper project in Wisconsin, USA. A coalition of Native American and local people had taken up arms against one of the world’s biggest...
Civil Society Groups warn effectiveness of Kimberley Process compromised A landmark scheme established in 2003 to prevent trade in conflict diamonds is potentially failing in its objectives, campaigners said today. Ahead of a key meeting of the Kimberley Process...
Environmental groups have long called the tailings lakes in the Alberta oilsands Canada’s toxic secret, but companies operating there will soon be required to disclose exactly what pollutants are there. In April, a Federal Court ordered Ottawa to make the mining...
Marijke Deleu and Thomas Quirynen from LMN member group CATAPA were caught up in the brutal police response to recent Indigenous protests over laws opening the Peruvian Amazon region to mining, oil and timber development. Survival International has published their...
As alleged victims of torture in Peru bring an injunction against British mining company Monterrico Metals, NGOs are calling for foreign victims of UK corporate abuses to have better access to justice in English courts. In written evidence to the ongoing inquiry on...
In 2007, complaints were made to the Australian and Swiss National Contact Points (NCP) of the Organisation of Economic Co-operation and Development (OECD) about mining companies BHP Billiton and Xstrata, listed on the London Stock Exchange but headquartered in...
