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Mining

 

news by category: Mining

Found 31 articles.

Displaying 1-10 out of 31 results.

The soul of transparency

A struggle over the future of the EITI is dividing NGOs and business as their visions of governance in the extractive sector compete

Since its creation in 2002, the Extractive Industries Transparency Initiative (EITI) has sought to shine a light on the oil and mining sectors in the developing world, albeit on a ...


Sable's rich seam of bribes

A mining company sought to open doors throughout West Africa with bribes, a huge leak of internal emails shows

Senior politicians in the governments of Guinea and Liberia took bribes from the publicly quoted British company Sable Mining Africa Limited to facilitate access to valuable mining...

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New SEC rules

Oil, gas and mining companies will be forced to publish payments made to foreign governments under new rules from the United States Securities and Exchange Commission. According to...


Curses and compliance

Mandatory disclosure is new to oil, gas and mining giants. They are still doing battle with NGOs to minimise regulation

Until very recently, the Extractive Industry Transparency Initiative (EITI), launched in 2002 by then British Prime Minister Tony Blair, was widely seen as the gold standard for re...


Frank’s fickle fortunes

The self-styled Emperor of West African Resources has seen his empire’s foundations badly shaken in the past year

In the face of tumbling commodity prices, the operations of Vasile Frank Timis in Burkina Faso, Côte d'Ivoire, Liberia, Senegal and Sierra Leone have sunk, stopped producing ...


Miner wobbles

Two international mining giants are in dire straits – Glencore and Lonmin – and taking parts of the economies of Congo-Kinshasa, South Africa and Zambia with them. Even...


Condé tests Steinmetz

This month, ministers in Conakry are due to announce a landmark decision on the future of the world's biggest iron ore reserves

Beny Steinmetz, the Israeli billionaire whose stake in Guinea's giant Simandou iron ore deposit is in dispute, is having a bad year. Last month, Beny Steinmetz Group Resources rece...


Beny bites back

Beny Steinmetz, the Israeli mining magnate who has massive investments in Congo-Kinshasa and Guinea, is suing the public relations company FTI Consulting and its Europe Chairman, L...


The titanium rush

The government has warned Chinese company Hong Ti Minerals to develop its mining project quickly as other Chinese firms join the hunt

Such is the competition for Mozambique’s mining permits that the government has threatened to revoke licences from companies that do not quickly develop their concessions. Mi...


Dodging Dodd-Frank

Lobbyists failed to dilute the strong disclosure requirements that are now law in the USA but the transparency battle still rages in Europe

The American Petroleum Institute, a major oil industry association, and other pro-business groups are challenging the Dodd-Frank Wall Street Reform and Consumer Protection Act. Maj...


Displaying 1-10 out of 31 results.