Rio Tinto cuts about 2,000 jobs at Oyu Tolgoi — report Mining giant Rio Tinto is said to have laid off about 2,000 workers at its $6.6 billion Oyu Tolgoi mine in Mongolia, amid negotiations between the company and the government on how to share revenue from the mine....
Tuesday 13 August marked ten years since mining giant Rio Tinto turned back the trucks and commenced rehabilitation work at the controversial Jabiluka uranium project in Kakadu. The move saw one of the world’s biggest miners return 50,000 tonnes of unprocessed...
Rio Tinto Group said it would be interested in regaining control of disputed iron-rich ground in Guinea it was stripped of in 2008, prompting the recipient of the land to claim Rio has no viable plan for its development. “We know that there’s iron ore there and...
Recently, a Canadian mining company Goldcorp Inc., citing an unfavourable financial context for metal mining investment globally, announced the suspension of three mega projects, among them the emblematic Cerro Blanco gold project located in Guatemala, only 18...
DMCI Mining Corp. said it will keep Toledo Mining Corp. listed on the London Stock Exchange. DMCI Holdings president Isidro Consunji said Toledo Mining would remain listed because more than 25 percent of the company’s shares were still owned by minority shareholders....
Nuclear experts slam Fukushima nuclear plant operators over not admitting toxic water releases Foreign nuclear experts have blasted the operator of Japan’s crippled Fukushima nuclear plant, with one saying its lack of transparency over toxic water leaks showed...
Coal has been the key energy source for the industrial revolution, providing amenities that most of us take for granted today—including electricity, new materials (steel, plastics, cement and fertilizers), fast transportation, and advanced communications. But now the...
There’s a strong case to be made that coal is humankind’s thorniest problem. It’s the chief source of the world’s energy—it currently keeps the lights on in 40 percent of the world—and simultaneously the globe’s biggest contributor to...
THE LOOSE ANTI OPENCAST NETWORK LAON Press Release 2013 – 31, 7 August 2013 According to various items of news concerning the collapse of UK Coal Operations it has been very much ‘business as usual’ at opencast sites operated by the company UK Coal Production, now the...
Report of the Vedanta plc AGM held in the London Marriott Hotel near Grosvenor Square, 1 August 2013 While a lively and colourful protest took place in warm sunshine outside the Vedanta AGM, those in the quiet, air-conditioned hall where the meeting took place may...
An alliance of unions and grassroots organizations in the northern Colombian department (province) of La Guajira is calling for strike action next month if their demands are not met. La Guajira is home to the massive Cerrejon coal mine, owned by London-listed Anglo...
The world’s richest nations, moving to combat global warming, are cutting government support for new coal-burning power plants in developing countries, dealing a blow to the world’s dominant source of electricity. First it was President Barack Obama pledging in June...