In February 2015, Glencore´s joint venture with Dan Gertler´s Fleurette Group, Mutanda Mining, acquired a further concession for copper and cobalt mining in the Democratic Republic of Congo. The state mining company Gécamines held 30% of the Kawama concession, while ... →
Glencore Energy UK Ltd. has been accused of illegal oil bunkering in Nigeria. The Nigerian Economic and Financial Crimes Commission (EFCC) brought three companies and 14 individuals before the Federal High Court in Lagos, claiming they “without lawful authority or ... →
Second United Nations meeting on the subject opens in Geneva
(Geneva, 13 April 2015) – Concerns about the prospect of weapons systems that would select and attack targets without further human intervention are multiplying and show the urgent need for ... →
A report by the High Level Panel on Illicit Financial Flows published in February 2015 revealed that Africa looses up to $ 50 billion a year due to fraudulent schemes among governments and multinational companies. This amount doubles the annual ... →
The Council of Ethics for the Norwegian Government Pension Fund Global, one of the largest investors worldwide, has issued recommendations to exclude 6 more companies from the investment portfolio.
Its annual report 2014 and the corresponding website give details on ... →
The Lower Sesan 2 Dam is a hydropower project in Cambodia, Stung Treng Province. According to an Environmental Impact Assessment (EIA) of the dam conducted in 2010, 5 villages will be flooded and 5,000 people resettled. Many of them are ... →
Since 2001, Akara Resources plc operates the Chatree Mining Compley in Ohichit Province, Thailand. After claims of health and environmental hazards, authorities analysed 600 blood samples of locals from Thap Khlo district. They found manganese and arsenic in 329 of ... →
According to recent reports, the Commerzbank will have to pay a fine amounting to almost USD 1 billion (approx. EUR 800 million) after it breached U.S. sanctions and anti money-laundering laws. The final settlement is expected by the end of ... →
At the Annual General Meeting of Rio Tinto in London, 15 May 2014, two recent reports about the impact of the uranium mine Rössing near Arandis, Namibia, on the environment and health were presented to the shareholders.
In cooperation with ... →
In February 2014, the British Contact Point to the OECD published their initial assessment on a complaint issued by WWF against SOCO in October 2013.
WWF claimed that SOCO planned oil drilling in the Virunga National Park in the DR ... →