The Mining Myth: Sustainability and Development

“Mining for development”? It’s bonkers, claim NGOs. Australian Aid watchdog AID/WATCH and environmental organisation Friends of the Earth (FoE) held a demonstration at AusAID’s Mining for Development Conference in Sydney, to assert that aid...

ICMM commits to Free Prior Informed Consent standard

The ICMM is a body made up of 22 mining companies. Commentary by Emily Greenspan of Oxfam America: “Last week the International Council of Metals and Mining (ICMM) released a new mining and indigenous peoples position statement requiring its 22 member companies...

Indigenous communities put the heat on Shell!

Shell, one of the largest multinational corporations in the world and a company that prides itself in having strong stakeholder relations, was taken aback by a barrage of questions from shareholders and groups attending its AGM.  Shareholders questioned Shell’s...

UK’s pro-tar sands stance exposed

Last week, two of the world’s leading scientists travelled to Europe to counter some of the outrageous lobbying coming from the tar sands industry and the Canadian government against EU climate legislation. The trip, by US climate expert Jim Hansen and Canadian...

ENRC, Kazakhmys, the Kazakh Government and the UK Takeover Panel

ENRC details founders’ $2.3bn cash-and-share bid plan Kazakhstan’s government and the trio of founders behind miner ENRC, seeking to take the company private, have offered shares in rival Kazakhmys as well as cash in an indicative proposal valuing the group at...

South African labour strife: no resolution in sight

Lonmin’s strike ends but now Amplats (Anglo American Platinum) is in brace position. Workers at Amplats say, We shall not accept one more job loss at Angloplats – We shall resist – We shall fight. See...

Glencore names interim chairman after Bond ousted at AGM

Glencore Xstrata Plc appointed former BP Plc Chief Executive Officer Tony Hayward as interim chairman after John Bond was ousted by shareholders of the world’s largest exporter of power-station coal. Bond stepped down at the start of Glencore’s annual general meeting...