January/February 2010
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COMPANY NEWS
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Reports
Resource project flashpoint series
In a difficult local context, Xstrata’s giant Las Bambas project in Peru has focused early and hard on community relations. But in the long term will it avoid the social protest and conflict faced by other mining companies operating in Peru?
Shrinking space
Australian mining companies need to be aware of the different types of risks they face as they move into unfamiliar territory both at home and abroadCreating happier working relationships
Environmental consultants – necessary evil or collaborative partner? Linda Byron-Fortin gives a personal view of both sides of the company-consultant divideWhat the future brings
The latest work by the World Economic Forum has focused on defining scenarios for the future of the mining industry. Here the WEF explains just how the future might lookThe weathermen
The UK Met Office's Ross Lothingland discusses how forecasting is helping the mining sectorRevenue transparency in the mining sector
Starting as little more than a ‘something must be done’ idea, the Extractive Industries Transparency Initiative has developed into the most prominent standard for good governance in oil and minerals rich countriesCountering the curse
Is the mining of mineral resources a help or a hindrance to developing economies? In a recent report, the World Gold Council undertook the first ever study analysing the long-term benefits of gold mining over its entire lifecycleDiamonds, De Beers and defying the resources curse
The idea that countries richly endowed with natural resources could be at a disadvantage to other states without similar natural resources, is deeply counter-intuitive. However, this so-called ‘resource curse’ is now considered by many to be a defining characteristic of many of sub-Saharan Africa’s less successful states. Botswana on the other hand has enjoyed half a century of uninterrupted growthEnviromine
Canadian bill concerns miners
CANADIAN mining companies have strongly contested a private members’ bill that has been working its way through the Canadian parliament, calling it flawed and prejudiced.
Teck allocates lead-spill fine to habitat fund
Teck Resources Ltd has been fined C$115,000 (US$110,000) for a lead spill that occurred at its Trail smelter in British Columbia almost two years agoPolitical hurdle at Reko Diq
The Pakistani provincial government of Baluchistan plans to cancel the exploration licence for the US$3 billion Reko Diq copper-gold project, according to unsubstantiated reportsSomalia and DRC ranked riskiest for business
SOMALIA, the Democratic Republic of the Congo and Zimbabwe are countries that carry “extreme risks for businesses”, according to a report issued this week by corporate risk intelligence firm MaplecroftUS fatalities at record low
Mine fatalities in the US have fallen to an all-time low according to data released by the US Mine Safety and Health Administration (MSHA)CAFOD report raises contamination concerns
A report by the Catholic Agency for Overseas Development (CAFOD) and the Canadian Development and Peace NGO has raised concerns about water contamination associated with Goldcorp Inc’s retired San Martin mine in HondurasArcellorMittal sends US$1million to help Haiti relief effort
ArcelorMittal, through the ArcelorMittal Foundation, has announce a donation of US$1 million to help the relief efforts in Port-au-Prince, Haiti, following the earthquake that struck the island on January 12Allied denies mercenary claim
Allied Gold Ltd said that it “rejects outright” allegations that it hired Fijian mercenaries to provide security services at its Simberi gold project in Papua New GuineaLegal Brief
