Category Archives: Mining

Tanya Plibersek accuses Peter Dutton of intent to ignore Indigenous heritage for mining projects

Posted on by

Environment minister lambasts opposition leader over vow to overturn her rejection of tailings dam at McPhillamys goldmine

Tanya Plibersek has accused Peter Dutton of planning to ignore evidence of historical Indigenous cultural practice and trash heritage protection laws to greenlight certain mining projects and companies based on “the vibe”.

The environment minister told Guardian Australia that Dutton’s vow to overturn her determination rejecting the proposed site of a tailings dam at the $900m McPhillamys goldmine development in central-western New South Wales showed he had no respect for research or official advice.

Sign up for Guardian Australia’s breaking news email

Continue reading...

UK’s methane hotspots include landfills and last coalmine

Posted on by

Greenpeace urges Labour to ‘fulfil international obligations’ as critics question accuracy of official data

The UK’s worst methane hotspots include the last coalmine, livestock farm clusters, landfills, power plants and North Sea oil and gas wells, according to an analysis.

The process has also thrown up serious doubts over the UK’s ability to calculate its methane emissions.

Continue reading...

Botswana diamond could be second-largest gem-quality example ever found

Posted on by

Canadian company Lucara digs up ‘extraordinary’ 2,492-carat stone from Karowe diamond mine

A 2,492-carat raw diamond discovered in Botswana could be the second-largest gem-quality example ever unearthed.

The Canadian mining company Lucara Diamond Corp said it had recovered the “exceptional” stone from its Karowe diamond mine, with a photo showing the hefty rough diamond sitting in the cupped palm of a hand.

Continue reading...

Worker dead after vehicle crash at Byerwen coalmine in central Queensland

Posted on by

Byerwen coalmine worker killed after 200-tonne truck ran over light vehicle, union says

A mine worker at the Byerwen Mine was killed when a 200-tonne truck allegedly ran over a light vehicle on Thursday afternoon, the mining union says.

It was the second death at the central Queensland mine in a month.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

US military announces $20m grant to build cobalt refinery in Canada

Posted on by

Pentagon investment would make North America’s first cobalt sulfate refinery as US looks to diversify supply chain

The US military has made its largest investment in Canada’s mining sector in decades, spending millions amid a looming battle among nations to control the supply of cobalt.

On Tuesday, the Pentagon announced a $20m grant to help build a cobalt refinery in the province of Ontario, saying the investment will “create a more robust industrial base capable of meeting growing demand across both the defense and commercial sectors”.

Continue reading...

Thousands of Serbians protest in Belgrade against lithium mine

Posted on by

Controversial mining project is a political fault line in Balkan country over fears about environmental impacts

Thousands hit the streets in Serbia’s capital Belgrade Saturday to protest against the rebooting of a controversial lithium mine set to serve as a vital source to power Europe’s green energy transition.

Before the rally, two leading protest figures said they were briefly detained by security officials who warned that any moves to block roads during the protest would be viewed as illegal.

Continue reading...

Investors push Glencore to scrap spin-off of heavily polluting coal division

Posted on by

More than 95% of investors urged commodities firm to keep highly profitable fossil fuel arm to help maximise shareholder cash

Glencore has scrapped plans to spin off its coal business after shareholders urged the commodities company to hold on to the highly profitable but heavily polluting division.

The FTSE 100 company said that an overwhelming majority of its shareholders favoured retaining the coal business over its plan to list the division as a separate company on the New York stock exchange.

Continue reading...

Jabiluka decision ends long-running battle and preserves ‘some of the oldest rock art in the world’

Posted on by

‘There will never be mining’ at Northern Territory site, Albanese says as area becomes part of Kakadu national park

It’s the decades-long fight over uranium mining that pitted Indigenous owners against the resources industry.

Now it seems the war is over, with the Australian government moving to expand the Kakadu national park to protect the Jabiluka site from mining for ever.

Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

Adani’s Queensland coalmine a threat to important wetland, Indigenous groups and scientists say

Posted on by

Letter urges environment minister to investigate alleged breaches at Doongmabulla Springs

There is growing concern that a culturally significant and nationally important wetland is under threat from Adani’s controversial coalmine in Queensland, with an Indigenous group demanding the government investigate alleged breaches of the conditions that protect the site.

Scientists say drops in water levels in bores around the Doongmabulla Springs have been detected hundreds of times since mining started, and allege hydrocarbons associated with coal have been found in bores and the springs themselves.

Continue reading...

‘Largest ever’ NSW coalmine plan will put pressure on state’s net zero target, watchdog says

Posted on by

EPA says proposal to keep Hunter Valley Operations mines going to 2050 would release almost 30m tonnes of CO2

The New South Wales environment watchdog says a plan to extend the life of a Hunter Valley coal-mining complex to 2050 is the “largest coal-mining proposal ever put forward” in the state.

Plans by Yancoal and Glencore to keep its joint-venture Hunter Valley Operations (HVO) mines in the Upper Hunter region going would see almost 30m tonnes of CO2 released, the EPA said in Sign up for Guardian Australia’s free morning and afternoon email newsletters for your daily news roundup

Continue reading...

Anglo American rejects call by mining rival BHP to extend takeover talks deadline

Posted on by

British company says concerns not addressed during approach by Australian firm

Anglo American has survived an almost £39bn takeover plot by the Australian mining rival BHP after last-ditch talks over restructuring the 107-year-old company collapsed.

The five-week pursuit came to an end after Anglo rejected BHP’s 11th-hour appeal to extend the takeover talks for a second time, after three failed takeover proposals from the Melbourne-based miner.

Continue reading...

Anglo American rejects new £34bn offer from mining rival BHP

Posted on by

Australian company says FTSE 100-listed group’s board did not engage with its all-share approach

Anglo American has rejected a second takeover approach by its Australian rival BHP that values the London-listed mining company at £34bn.

BHP said Anglo’s board had not engaged with its offer, which came after an initial £31bn offer was also rejected last month. Anglo rejected the second offer on Monday, BHP said.

Continue reading...

Anglo American’s South African investors open to revised BHP offer

Posted on by

But such a takeover of London-listed mining firm opposed by politicians and unions in South Africa

South African shareholders of the mining company Anglo American have signalled they are open to a revised takeover offer from BHP, despite warnings from South African politicians and unions that a deal could be bad for the country.

Investors, which collectively own more than 15% of the London-listed mining company, told the Financial Times that they were not opposed in principle to an acquisition by its Australian rival but said an improved and less complex offer would be needed.

Continue reading...

Mining industry braces for multi-billion pound Anglo American bidding war

Posted on by

Glencore understood to be considering takeover offer while BHP could move again after initial rejection

The global mining industry is braced for a multi-billion pound bidding war for Anglo American amid growing speculation that mining companies are preparing rival bids.

The Australian miner BHP is understood to have sent senior executives to Anglo’s base in South Africa to meet key company stakeholders after an initial offer of £31bn was rebuffed by Anglo’s board last week.

Continue reading...

Mining firm BHP offers $25.7bn settlement for Brazil dam disaster

Posted on by

Australian company and its partner Vale unleashed largest spill of mining waste in history

The mining company BHP has said it hopes to secure a $25.7bn (£20bn) settlement over the 2015 Samarco disaster, when the collapse of a dam left at least 19 people dead, 700 homeless and spread unprecedented levels of pollutants across the rivers and landscape of Brazil.

BHP said it had offered the settlement to the Brazilian authorities in partnership with fellow miner Vale, its 50:50 joint venture partner in a local subsidiary, Samarco.

Continue reading...

BHP’s pursuit of Anglo American has a major obstacle: South Africa

Posted on by

The De Beers owner is a longstanding jewel in the African' state’s economic crown – it would be a ‘big blow’ to see it sold off

The world’s largest mining company has a problem. Australia’s BHP has set out its intention to snap up the rival miner Anglo American in a multibillion-pound deal that would reshape the global industry. Its proposed £31bn takeover plan has already been rebuffed as a lowball offer that undervalues the company. But Anglo’s deep roots in South Africa could be a far more sensitive issue to address.

Africa’s most advanced economy was built on mining. For more than 150 years since the first discovery of diamonds, gold and coal, the industry has remained South Africa’s economic lifeblood. Today it is the world’s fifth largest producer of coal and diamonds and the 10th largest producer of gold.

Continue reading...

Anglo American rejects £31bn takeover offer from mining rival BHP

Posted on by

All-share proposal had potential to be one of biggest deals in sector for decade but deemed ‘opportunistic’

The board of Anglo American, the London-listed mining company, has rejected a “highly unattractive” £31bn takeover approach from its Australian rival BHP.

BHP’s all-share proposed offer for Anglo American had the potential to be one of the biggest deals in the global mining sector for a decade but has attracted criticism from Anglo’s shareholders as being too low and “highly opportunistic”.

Continue reading...

Process raw materials in Africa, urges top environmentalist

Posted on by

Few economic and social benefits will come to Africans if processing is all done overseas, says Wanjira Mathai

Africa must take greater control in the industries it supplies with raw materials to lift its people from poverty and seize its own destiny in a low-carbon world, one of the continent’s leading environmentalists has urged.

Wanjira Mathai, the managing director for Africa and global partnerships at the World Resources Institute thinktank, said much more of what the continent produced must be processed and made use of close to where it is produced, if the world is to shift to a low-carbon footing.

Continue reading...

Australia news live: Marles says Labor ‘utterly committed’ to Brereton response but can’t say when work will be completed

Posted on by

Follow today’s news live

Unemployment ‘might take up a little bit’ when new numbers released later this week

Q: Given the economic conditions we’re seeing, what should households with mortgages expect?

[Inflation] won’t necessarily continue to come off in a perfectly straight line, but [it] is a fraction of what it was a couple of years ago when we came to office. That’s a good thing.

So we’ve got a whole bunch of things going for us in Australia, but enough to concern us as well about the global conditions about the way that people are still under considerable cost of living pressure.

The way that I would describe it to your listeners is we’ve got inflation lingering in parts of the world, we’ve got growth slowing in China and elsewhere, we’ve got tensions rising in the Middle East and the war in Europe. We’ve got supply chains which are straining and we’ve got a global economy which is fragmenting and transforming and so all of these factors are really important to us as we finalise the government’s third budget.

These are going to be these global conditions are going to be a really big influence on our budget, so the trip to DC which will be a pretty quick and make the most of it but it’s a good opportunity to take the temperature of the global economy.

Continue reading...

Rio Tinto’s Madagascar mine may face lawsuit over pollution claims

Posted on by

Mining company hit with accusation it contaminated waterways with harmful levels of uranium and lead

Rio Tinto is facing a likely lawsuit in an English court brought by the UK-based law firm Leigh Day on behalf of people living in villages near a mine in Madagascar.

In a letter of claim, a document that is an early step in a lawsuit, the villagers accuse Rio Tinto of contaminating the waterways and lakes that they use for domestic purposes with elevated and harmful levels of uranium and lead, which pose a serious risk to human health.

This story was published in partnership with The Intercept. The reporting for this investigation was supported by a grant from Journalists for Transparency, an initiative of Transparency International.

Continue reading...