Impala Platinum (Implats) is the second largest producer of platinum after Anglo American subsidiary Anglo Platinum. Implats is listed on the Johannesburg Stock Exchange but has a subsidiary listing on the London Stock Exchange Jubilee South Africa National Office...
National currency appreciation in mineral-dependent states is conventionally “bad news” for mining companies, which are heavily reliant on exports priced in dollars. While fluctuations in exchange rates have, in recent years, often not had major impacts on...
UNITED NATIONS – Leaders of the world’s 370 million indigenous peoples who are attending an international meeting here this week say they want governments to stop oil and gas corporations from further extraction on their lands. “Much of the...
A bauxite mining project in the Niyamgiri hills, sacred to the Dongria Kondh people in Orissa, India, has been given environmental clearance by the Indian Government’s Ministry of Environment and Forest (MoEF). The clearance notification (see below) allows a...
Vedanta has been fined by a court in India, as the judge declared environmental activism vital to combat “mankind’s folly”. See http://www.minesandcommunities.org/article.php?a=9245.
For several decades, New Zealand’s CAFCA (Campaign Against Foreign Control Of Aotearoa) has been fighting to preserve the country’s resources and territory for its own citizens, not least Indigenous Maori nations. Each year the organisation appoints a...
RIO TINTO has stepped up its canvassing of shareholders to determine what changes will be needed to secure their approval of the group’s controversial $US19.5 billion refinancing compact with China’s state-owned Chinalco. Rio has formally left open the...
The US foreign investment regulator has given its approval to Rio Tinto and Chinalco’s proposed $26 billion deal. The tie-up would see them take a small indirect stake in an American copper corporation, and needed clearance from the Committee on Foreign...
In view of the enormous destruction being wreaked on people and the environment by Freeport-Rio Tinto’s mining operations in West Papua, proposing the company appoint an “environmental expert” to its board doesn’t sound earth-shattering....
Over the past several months, global demand for diamonds has plummeted. Now, the world’s biggest diamond mining company, De Beers (45% owned by London-listed Anglo American) is trying to boost sales by persuading a new breed of investors – including state...
You just can’t clean coal, warn activists THE government’s latest plans to turn coal into a “clean” fuel are coming under increasing attack by climate-change activists and scientists. They say the technology to be used (see below) would miss the majority of new...
A legal decision against an oil multinational may have future implications for mining companies implicated in human rights abuses. In the case of Wiwa v Shell, a US judge has denied Shell’s motion to dismiss the lawsuit over the 1995 execution of Nigerian...
