While only few were paying attention to the price of aluminum, some important industry players such as Goldman Sachs, JPMorgan Chase & Co and Glencore Xstrata, were allegedly inflating prices and disrupting supplies for the commodity. See...
Newly-formed mining giant Glencore Xstrata has written down the value of Xstrata’s assets by $7.7bn (£4.9bn), and reported a drop in revenues. The firm, which was created in May, said the write-down reflected tougher conditions in the mining sector. Revenues in...
On 4 August, a Colombian paramilitary organization issued death threats against anyone standing in the way of London-listed mining companies AngloGold Ashanti, Glencore Xstrata and other named and unnamed extractives companies. On 17 August, London Mining Network...
Old King Coal has benefited from a run of good luck these past few years. First came the fabulous boom years of the first decade of this century. The Copenhagen climate talks loomed like a black cloud over the sector for a while, but dissipated without so much as a...
From Wales to Colombia, the scourge of opencast coal mining is being driven by our continued dependence on this dirtiest of fossil fuels, writes Kelvin Mason See...
Kazakhstan: The cost of being the world’s No.1 uranium producer If you make a toxic mess under one of the most isolated parts of the planet, does it matter if you don’t clean it up? Does it make a difference if that mess will be there for thousands of...
While flying picketers swooped on the offices of mining multinationals Anglo American, BHP Billiton and Glencore Xstrata in London on 27 August, protesters in Boston, Massachusetts, picketed the Colombian Consulate at 31 St James Avenue, in support of the villagers of...
Cerrejon Coal, operator of the huge Cerrejon opencast coal mine in the department (province) of La Guajira in northern Colombia, is in last-ditch negotiations with families in the village of Old Roche, aimed at relocating families so that the mine can expand. But the...
Statement 14 August 2013 Colombian Caravana UK Lawyers Group Cerrejon, one of the largest open cast coal mines in the world, controlled by Anglo American, BHP Billiton and Glencore Xstrata, is facing a legal challenge for contravening the legal rights of the local...
This Friday marks the first anniversary of the Marikana massacre, when 34 men were killed after police opened fire on striking mineworkers near Lonmin PLC’s mine in the North West province. And while preparations to mark the first anniversary of the massacre have been...
Saami in Arctic Sweden say they’ll continue to blockade a mining access road throughout this coming winter in an attempt to stop plans for a large iron mine from moving ahead — a comment made before police moved in August 12 to break down a barricade and remove...
How Vedanta’s mine hope rests on 12 tribal villages In a remote village in the eastern Indian state of Orissa tribespeople have gathered under hastily erected sheds to decide whether to allow mining group Vedanta to extract bauxite from the earth. Vedanta, owned...
