BHP Billiton has formally surrendered its right to build a new $US5 billion coal terminal at the port of Abbot Point on the north Queensland coast of Australia, as part of its response to persistent weakness in global coal markets. See...
The Navajo Nation has signed an agreement to purchase Navajo Mine, west of Farmington, New Mexico, linking the tribe’s future to a decades-old coal mine whose sole customer faces increased scrutiny from federal regulators. The tribe will take ownership of the mine...
A charity funding social projects in Papua New Guinea is fighting the government for the return of the Ok Tedi copper mine, after the state took full ownership of the mine that BHP Billiton handed over more than a decade ago. Papua New Guinea’s parliament passed...
Marikana massacre, 55 seconds later: Cease fire? What cease fire? Fifty-five seconds after police in Marikana yelled “cease fire”, officers were still shooting live ammunition at koppie one. There is no evidence yet to justify the continued firing at the mineworkers....
Vedanta Aluminium Ltd’s hope to source bauxite from Sijimali and Kutrumali mines in south Odisha’s Rayagada and Kalahandi districts has hit a legal roadblock. The company is desperate to get hold of new sources of bauxite now that its planned mine in the...
Vedanta Resources Plc’s Zambian unit is suing the southern African country’s revenue authority over a 3.2 billion-kwacha ($586 million) tax charge relating to exports of copper cathode. Konkola Copper Mines Plc wants the Lusaka High Court to quash Zambia Revenue...
Greenland’s industry minister called it the largest commercial project in the autonomous Danish territory’s history. London Mining is expected to seek investment partners for the multi-billion dollar project. Some opponents say the open-cast mine will...
We, Indigenous women from the seven sociocultural regions of the world, met at the World Conference of Indigenous Women – ‘Progress and challenges regarding the future we want’ in Lima, Peru, from October 28-30, 2013. Our gathering included elders and youth,...
Britain, in partnership with Her Majesty’s overseas territories and crown dependencies, remains “by far the most important part of the global offshore system of tax havens and secrecy jurisdictions”, the Queen will be told tomorrow in a letter from...
New rules announced by the Financial Conduct Authority (FCA) to strengthen minority shareholders’ powers to hold companies to account are well intentioned but do not go far enough. They will not change the power dynamic within mining companies which enables them to...
Britain’s financial regulator is to bolster its stock market listing rules to better protect minority shareholders, after high-profile scandals at mining companies ENRC and Bumi left some investors nursing heavy losses. Investigations into alleged irregularities...
Small-scale campesino farmer and community leader, César Garcia, who had been opposing the development of London-listed AngloGold Ashanti’s gold mining project in Cajamarca, Colombia, has been killed by an unknown gunman. There is a grave fear for security of...
