Vedanta ramps up copper production in Zambia

Vedanta is “ramping up” its copper production at Zambia’s biggest mine despite rising costs, in the hope that it can drive down prices from its suppliers. This is virtually certain to result in lay-off of workers. And – according to a World...

Giant mines scramble to cut output

Mining companies – which couldn’t dig minerals out of the earth fast enough just a few months ago – are now  struggling to climb out of a very deep hole. See http://www.minesandcommunities.org/article.php?a=8933

Insider trading at Monterrico

Richard Ralph, formerly British Ambassador in Peru and then, until recently, Chair of London-based Monterrico Metals, has been fined almost £120,000 for insider dealing. See coverage in: The Times The Guardian The Telegraph Daily Mail London Calling

Film about Anglo American/Rio Tinto project in Alaska

Information provided by Amelie Peck, Node Manager, North American Mountain Forum, Banff, Alberta, Canada 20 November 2008 The People’s Choice award at this year’s recent Banff Mountain Film Festival was awarded to the film RedGold. The film tells the story...

Half-truths and evasions

Report of the BHP Billiton plc AGM, Thursday 23 October, London Summary At its AGM (annual shareholders’ meeting) in London on 23 October, BHP Billiton was attacked over its record in the Philippines, Indonesia, Guatemala and Colombia, its failure to endorse the UN...

BHP Billiton: image and reality

Briefing for the BHP Billiton plc Annual General Meeting, 23 October 2008 BHP Billiton is the largest mining company in the world. Jointly listed on the London and Australian Stock Exchanges, it has a market capitalization of 180 billion US dollars, more than twice...

Manila's Philex to buy out Anglo American in mine venture

Reuters 25th September 2008 Philex Mining Corp, the Philippines’ most valuable listed mining firm, said on Thursday it was buying out partner Anglo American Plc in a gold and copper venture for $55-million. Philex and its subsidiary Philex Gold Inc will have...

New Investigation Lifts Veil on Anglo American's Corporate Record

*** New Investigation Lifts Veil on Anglo American¹s Corporate Record *** Water and Air Pollution, Uprooted Communities, Neglect for Worker Safety at Company’s Mines Raises Concerns for Bristol Bay Embargoed for Release: 1 August 2008 Contacts: Phil Mattera,...

Anglo American plc AGM held, Tuesday 15 April 2008

There was a lively presence outside the building from 10am until the meeting began at 11am. Protests were organised by Action Aid, War on Want and London Mining Network, working in close co-operation. Phillipos Dolo and MP Giyose of Jubilee South Africa were...

Local authorities urged to pull out of Vedanta

Many British local authorities’ pension funds are ‘beneficial holders’ of shares in Vedanta. This means that although they may not hold shares in the company themselves, they benefit financially from an asset manager holding shares on their behalf....