Ghana to hike taxes on mining companies
Ghana will seek to boost revenues from its mining industry next year by hiking taxes, according to a text of the 2012 budget delivered to parliament recently. The corporate tax rate on miners will...
View ArticleMining’s toxic sludge threatens Johannesburg
Thousands of people face evacuation from greater Johannesburg in the Gauteng province – the economic heartland of South Africa – due to toxic sludge from abandoned gold mines laced with high radiation...
View ArticleColombia’s mining boom overshadowed by human rights violations
A report by Peace Brigades International (PBI) declares that Colombia’s current mining boom is overshadowed by human rights violations and mass displacement of residents in mining areas. “80% of the...
View ArticleMining: Growing backlash against groups who are ‘minting it’
The [gold] informal rush is indicative of a broader problem with the country’s mining sector – the sense that foreign companies have minted it from their concessions delivering few benefits either to...
View ArticleAngloGold Ashanti increased CEO compensation by 24%
CEO Mark Cutifani’s compensation was raised 24% in 2011 as profit rose to a record, the Johannesburg-based, London-listed gold miner said in its annual report published on its website. See...
View ArticleColombia: NGOs, African-descent and Indigenous communities challenge...
Local and international NGOs say black & indigenous communities did not consent to London-listed AngloGold Ashanti’s operations on their lands, raise concerns about respect for human rights amid...
View ArticleIn Ghana, a mining activist fights the gold goliaths
Whether on billboards along the roads or embroidered on shirt collars, mining companies – including London-listed AngloGold Ashanti – are ubiquitous in this jungle hub of Ghana’s Western Region. Their...
View ArticleColombia: going for gold
Small-Scale Miners in Nariño Face Crackdown as Foreign Companies Set Sights on Colombia. This article involves South African-based, London-listed AngloGold Ashanti. See...
View ArticleColombia’s resistance to corporate mining excess has lessons for the world
Voluntary guidelines are not enough. We must ensure our critical gaze on exploitative mining firms does not waver. This article mentions smallscale mining in Colombia. One of the companies threatening...
View ArticleAngloGold to invest $400m in Colombia 2013-15
AngloGold Ashanti, the world’s No. 3 gold producer, plans to invest $400-million in Colombia in the 2013-2015 period at its La Colosa deposit and other gold exploration projects, a company executive...
View ArticleAngloGold Ashanti buys up Brazilian mine
Kinross Gold Corp has agreed to sell its stake in the Crixas gold mine in Brazil for $220-million (U.S.) as the miner focuses on key assets, including a massive gold deposit in Mauritania that has come...
View ArticleLondon protests against mining abuses in Colombia and Peru
On 1 June Colombians, Latin Americans, British people, and people from other countries peacefully gathered outside the Colombian embassy in London in solidarity with the people of Tolima, Colombia,...
View ArticleProtests in Colombia against AngloGold Ashanti
On Tuesday 5 June, the streets of the city of Ibagué were filled with the people of Tolima, united in their call to defend life, their water sources and territory. Over 30,000 people participated in...
View ArticleAngloGold Ashanti uses UK’s most corrupt bank to bookrun new loan
London-listed South African miner AngloGold Ashanti has launched a $750 million, five-year loan to its existing lending group via coordinators and bookrunners Barclays and Bank of Tokyo-Mitsubishi UFJ,...
View ArticleMore South Africa gold miners face lung disease lawsuit
South Africa’s leading gold mining companies are facing a potential lawsuit on behalf of thousands of workers who claim they contracted silicosis, a lung disease, through the companies’ negligence. A...
View ArticleAngloGold Ashanti sets Colombia project pipeline as key priority
London-listed South African miner AngloGold Ashanti sees its project pipeline in Colombia as one of three key priorities, CEO Mark Cutifani said during a presentation at the Denver Gold Forum. See...
View ArticleStriking South African gold miners refuse latest pay offer
The striking miners refused the industry’s latest pay rise offer despite an extended deadline to respond, dimming hopes the illegal strike in the industry will come to an end anytime soon. Companies...
View ArticleCould We Be About to See a Miners’ Spring?
The five-week wildcat strike at South Africa’s Marikana mine, owned by London-registered corporation Lonmin, ended with an important victory for the miners, which increased wages by between 11 and 22...
View ArticleThe City of London’s role in Colombia’s bloody civil war
As peace talks begin in Norway between the Colombian government and Farc guerrillas, any brighter future for the country’s people requires new responsibility from the City of London and the British...
View ArticleThousands march against AngloGold Ashanti mine in Colombia
Thousands of Colombians took to the streets of Ibagué, Tolima, on 19 October, to express their opposition to the proposed AngloGold Ashanti La Colosa gold mine. See photos at...
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