On Thursday, in a statement Australian copper miner MMG said, after December 18, it would shut production at its Las Bambas copper mine in Peru. The development comes after it failed to reach an agreement with a Peruvian community which… Read More ›
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Rio Tinto trims bonuses of CEO and senior executives following destruction of ancient historic caves
On Monday, in a statement Rio Tinto said it will trim the short-term bonuses of its CEO as well as two other senior executives following a review of the company’s destruction of two historic caves in Australia in May which… Read More ›
De Beers tracked 100 high value gems through blockchain technology
This significant step will enable De Beers to rigorously clean its supply chain of conflict minerals and boost its quality assurance in asset traceability. In the first efforts of its kind, De Beers, the world’s biggest diamond producer by value… Read More ›
Brazil’s superior court tells BHP & Vale to shell $6.23 billion for the country’s worst ever environmental disaster
BHP and Vale’s settlement of $2.3 billion was overturned by the court and it was told to pay $6.23 billion. It has now decided to fight the case, rather than settle. BHP Billiton has disclosed that it would appeal the… Read More ›
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