Category Archives: Mining

Halt illegal imports of conflict minerals from DRC, campaigners urge EU

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Law to stop armed groups profiting from trade in gold, tin, tungsten and tantalum is being breached, rights groups say

The European Union has been urged to clamp down on illegal imports of conflict minerals from the Democratic Republic of the Congo (DRC) after evidence was found that current regulations had been breached.

The advocacy group Global Witness (GW) said there remained a “high risk” of the EU’s mineral imports being used to fund militias and state repression in several countries.

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Andrew Forrest fires back at ExxonMobil’s claims of ‘smear campaigns and lawfare’

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Iron ore billionaire says he is ‘personally delighted’ at lawsuit as fossil fuel giant has ‘opened themselves up to cross-examination’ in a US court

Australian mining magnate Andrew Forrest is among a group accused of orchestrating “smear campaigns and lawfare” against the global oil and gas sector “for politics, publicity, and private gain” in a dramatic defamation claim launched in US courts by fossil fuel company ExxonMobil.

But the iron ore billionaire, who is not himself a defendant in the case, said he is “personally delighted” at the court action and that “Exxon has walked themselves into the court and opened themselves up to cross-examination”.

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London-listed miner pauses Mozambique operation amid political unrest

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Gemfields makes decision over ruby mining after groups ‘took advantage’ of situation to try to invade its site

The London-listed mining company Gemfields said it had temporarily halted its ruby mining operation in Mozambique after groups “took advantage” of political unrest to set fire and attempt to invade its site, resulting in two deaths.

Gemfields, one of the world’s largest miners of coloured gemstones, said more than 200 people associated with illegal ruby mining attempted to invade the residential village built by the company next to its Montepuez Ruby Mining (MRM) operation in northern Mozambique on Christmas Eve.

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El Salvador overturns metals mining ban, defying environmental groups

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President Nayib Bukele pushed for the legislation that will grant government sole authority over mining activities

El Salvador’s legislature has overturned a seven-year-old ban on metals mining, a move that the country’s authoritarian president, Nayib Bukele, had pushed for to boost economic growth, but that environmental groups had opposed.

El Salvador became the first country in the world to ban all forms of metals mining in 2017. Bukele, who took office in 2019, has called the ban absurd.

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Rio Tinto investor urges mining giant to drop primary London listing

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Hedge fund with £197m stake leads push to prioritise Sydney exchange as FTSE 100 firm outlines ambitious copper production targets

An activist investor in Rio Tinto has demanded the miner scrap its primary London listing and focus on Australia, as the FTSE 100 firm outlined its long-term investment strategy.

Palliser Capital called on the metals and minerals firm to drop its “outdated” dual listing structure across the London and Sydney financial markets.

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Missing woman looking for cat may have fallen into sinkhole, police fear

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Family of Elizabeth Pollard, 64, of Marguerite, Pennsylvania, say she has not been seen since Monday

Authorities fear a grandmother who disappeared while looking for her cat may have been swallowed up by a sinkhole that recently opened up in a western Pennsylvania village.

Crews lowered a pole camera with a sensitive listening device into the hole in Marguerite on Tuesday morning but detected nothing. A second camera lowered into the hole showed what could have been a shoe.

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Uncontacted hunter-gatherers facing threat of genocide because of minerals mining, claims report

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Survival International says Hongana Manyawa in Indonesia are at risk but mining company says the people in ‘voluntary’ contact with workers

Uncontacted hunter-gatherers in Indonesia “are facing a severe and immediate threat of genocide” because of mining for minerals on their lands for use in electric vehicles, a report claims.

In their own language, the Indigenous Hongana Manyawa people, of Halmahera island, call themselves “the people of the forest”. But their forest home is being destroyed in a rush for nickel, a crucial component in rechargeable batteries, campaigners say.

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British mining executives held in Mali released after $160m deal to settle tax dispute

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Resolute Mining chief executive Terence Holohan and two other employees had been detained since 9 November

Three British mining executives who had been detained by the government of Mali have been released and are “safe and well”, days after agreeing to pay $160m to settle a tax dispute.

Resolute Mining, an Australian company, said on Thursday its chief executive, Terence Holohan, and two other employees, who had been held in the country since 9 November, have been released.

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Mineral Resources boss Chris Ellison tells shareholders ‘I hate what I’ve done’ after scandals rock company

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Perth businessman tells AGM he made ‘error in judgment’ as company’s executive pay plans are voted down

Embattled mining billionaire Chris Ellison has told shareholders he can’t stress enough “how much I hate what I’ve done” after a series of scandals engulfed the company he leads, Mineral Resources.

The Perth businessman has previously acknowledged he failed to disclose revenue generated by overseas entities to tax authorities earlier in his career. A company investigation later found he had also used business resources for his personal benefit.

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Australian goldminer to pay Mali $160m to free detained CEO and executives

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Group were held after a meeting about what mining firm referred to as unsubstantiated claims regarding taxes and levies

An Australian goldmining company has agreed to pay $160m ($A247m, £126m) to Mali’s government after the west African country’s junta detained its chief executive and two other employees.

Resolute Mining’s chief executive, Terence Holohan, and the other two employees were detained on 8 November in Mali’s capital, Bamako, at the end of a meeting with government officials over tax and other state claims that the miner had previously said were “unsubstantiated”.

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Australia news live: PwC reveals it sacked eight staff over data breaches; Perth man dies after being taken to police watch house

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Court to rule in Pauline Hanson-Mehreen Faruqi case

A federal court judge is ready to rule on whether Pauline Hanson made a racial slur when she told Greens senator Mehreen Faruqi to go back to Pakistan.

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Whitehaven Coal faces rare shareholder action over mining plans and CEO’s $7m bonus

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Australian miner paying ‘massive bonuses’ for ‘steamrolling ahead with an outdated and unacceptably risky coal growth strategy’, activists say

Whitehaven Coal, one of Australia’s biggest coal producers, faces a rare “second strike” from shareholders this week as climate activists seek to draw attention to the miner’s plans to ramp up volumes and resulting carbon emissions.

The ASX-listed company received a 41% vote against its executives’ remuneration report at last year’s annual general meeting. A vote of at least 25% at this year’s AGM on Wednesday would force a motion to spill Whitehaven’s board.

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State-backed loans to go to firms importing critical minerals into UK

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Rachel Reeves to encourage import of raw materials from Commonwealth countries to counter China’s grip on market

Businesses that import critical minerals to the UK will be given access to state-backed loans in a move to counter China’s dominance in the market.

The chancellor, Rachel Reeves, is expected to announce extra government support to encourage the import of critical minerals such as lithium, graphite and cobalt in her budget next week. Companies that bring supplies of critical minerals into the UK will be able to access state-backed loans under the UK export finance mechanism.

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BHP to face 620,000 claimants in Mariana dam collapse trial in London

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Claimants seeking damages from Anglo-Australian mining company over 2015 environmental disaster in Brazil

The mother of a seven-year-old boy who was torn from the arms of his grandmother and drowned in one of Brazil’s worst environmental disasters is among more than 620,000 claimants who will have their case heard this month in the largest group claim in English legal history.

Gelvana Aparecida Rodrigues da Silva, 37, lost her son Thiago on 5 November 2015 when the Fundão dam, near Mariana in eastern Brazil, collapsed, releasing about 50m cubic metres of toxic waste.

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Tanya Plibersek defends Aboriginal heritage order blocking ‘irreversible damage’ of goldmine tailings dam

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Financial impact on mining company does not outweigh ‘permanent loss’ to cultural sites, environment minister says

Tanya Plibersek has defended her decision to issue an Aboriginal heritage protection order for the site of a proposed goldmine near Blayney, saying the financial impact on the mining company does not outweigh “irreversible damage and permanent loss” to Aboriginal cultural heritage sites.

The environment minister made a partial declaration under section 10 of the Aboriginal and Torres Strait Islander Heritage Protection Act in August, blocking a proposal by mining company Regis Resources to build a tailings dam for its $900m McPhillamys gold project in the headwaters of the Belubula River. The declaration did not cover the rest of the proposed mining area.

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Rio Tinto to buy US lithium producer Arcadium in $6.7bn deal

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Acquisition by Anglo-Australian miner comes despite global headwinds in electric car market

Rio Tinto is to buy the US company Arcadium Lithium for $6.7bn (£5.1bn), in a huge bet on the energy transition despite global headwinds in the electric car market.

The Anglo-Australian metals and mining company said it would pay $5.85 a share for the US-based lithium miner. That represents an almost 90% premium to Arcadium’s closing price of $3.08 a share on 3 October, the day before news of a potential deal emerged.

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SFO and mining firm ENRC agree settlement over legal claims

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Agency had been investigating Kazakh company for suspected corruption and fraud over 12 years

The UK’s Serious Fraud Office (SFO) and the Kazakh mining company Eurasian Natural Resources Corporation have agreed a settlement to end one part of a years-long legal battle.

The agency had been investigating ENRC for suspected bribery and fraud in Africa and Kazakhstan, which the mining company denied. But the SFO dropped its decade-long investigation last year without bringing charges, citing insufficient admissible evidence.

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The deep history of British coal – from the Romans to the Ratcliffe shutdown

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With the last coal-fired plant closing today, we chart the rise and fall of the once-indispensable fuel which powered modern Britain

Britain’s transition to a low-carbon future has reached a milestone with the closure of its last remaining coal-fired power plant at Ratcliffe-on-Soar in Nottinghamshire.

The shutdown of the 57-year-old power plant on Monday ends more than 140 years of coal power generation in the UK – an industrial story closely interwoven with Britain’s socioeconomic and political history.

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Jacinta Price alleges ‘opportunists’ claiming Indigenous heritage to block resources projects

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Shadow minister for Indigenous Australians says Albanese government ‘turning a blind eye’ to alleged ‘weaponisation’ of identity

Jacinta Nampijinpa Price has claimed “opportunists” are making “false claims” to membership of Indigenous groups to scuttle resource projects seeking environmental approval.

The shadow minister for Indigenous Australians made the claim on Wednesday while defending a Coalition plan to designate which Indigenous groups would need to be consulted by project proponents, as revealed by the shadow resources minister, Susan McDonald, at a Minerals Week event.

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Almost 200 people killed last year trying to defend the environment, report finds

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Latin America was the most deadly region in which to defend ecosystems from mining and deforestation, with Indigenous people among half the dead

At least 196 people were killed last year for defending the environment, with more than a third of killings taking place in Colombia, new figures show.

From campaigners who spoke out against mining projects to Indigenous communities targeted by organised crime groups, an environmental defender was killed every other day in 2023, according to a new report by the NGO Global Witness.

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