Is multiculturalism bad for the FTSE?
With the problems facing foreign mining giants Vedanta, Glencore and African Barrick Gold, is the multicultural flavour of the FTSE100 beneficial for the UK economy? Multiculturalism is – to put…
Tanzanian Ministry to meet Barrick over Mara mine conflicts
…find lasting solutions on recurrent conflicts between the company and the local communities surrounding North Mara Gold Mine. ABG is a subsidiary of Canadian multinational Barrick Gold. See http://dailynews.co.tz/index.php/local-news/7464-ministry-to-meet-barrick-over-mara-mine-conflicts. …
Argentina's Supreme Court upholds glacier protection law
…struggling to bring its Pascua Lama mine on stream. See http://www.minesandcommunities.org/article.php?a=11791. Barrick is a Canadian company with significant British investment (see http://moneytometal.org/index.php?title=Special%3ASearch&search=Barrick&go=Go). Other companies potentially affected include London-listed Anglo American,…
Will glaciers be for mining in Argentina what an iceberg was for the Titanic?
…and may, therefore, be a threat to the country’s future water supply. Among London-listed or London-financed mining companies involved in Argentina are Anglo American, Barrick Gold and Xstrata. See http://www.minesandcommunities.org/11738….
Rio returns to PNG
…Guinea. It did not make any grand announcements on the matter but has picked up at least three tenements. See http://www.pngindustrynews.net/storyview.asp?storyid=8682927§ionsource=s0. (Article also mentions Barrick Gold, BHP Billiton and Xstrata.)…