Tag #Mining Industry

Showing 13 to 24 of 24 results

dailymail.co.uk
🌐 85% Global Worthiness
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Mining Giants Eye Exit from London Stock Exchange

Facing undervaluation and low liquidity, major mining companies like Glencore and Rio Tinto are considering leaving the London Stock Exchange, following about 90 other companies in the past year, potentially causing significant damage to the UK financial market.

Progress

52% Bias Score

Decent Work and Economic Growth
repubblica.it
🌐 75% Global Worthiness
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Anglo American Devalues De Beers by $2.9 Billion Amidst Industry Downturn

Anglo American is devaluing its diamond subsidiary De Beers by $2.9 billion, adding to a previous $1.6 billion devaluation, due to decreased Chinese demand and competition from lab-grown diamonds; the company plans to exit De Beers by year's end, resulting in a $3.1 billion loss in 2024.

Progress

48% Bias Score

Responsible Consumption and Production
smh.com.au
🌐 75% Global Worthiness
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Nationals Pledge $7 Million for Kalbarri Evacuation Center

The Nationals party in Western Australia has committed $7 million to building a multipurpose evacuation center in Kalbarri to improve disaster preparedness after Cyclone Seroja, while criticizing the Labor government's disaster relief efforts.

Progress

60% Bias Score

Sustainable Cities and Communities
theguardian.com
🌐 75% Global Worthiness
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Australia Shelves Federal Environment Agency Plans

Australian Prime Minister Anthony Albanese indefinitely shelved plans for a federal environment protection agency due to lack of Senate support, facing opposition from Western Australian mining interests and the Greens, despite previous commitments and causing significant disappointment among enviro...

Progress

56% Bias Score

Climate Action
theglobeandmail.com
🌐 85% Global Worthiness
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Canadian Gold Sector Poised for M&A Surge in 2025

High gold prices and low reserve levels are fueling a predicted surge in mergers and acquisitions within Canada's precious metals sector in 2025, with several large deals already completed in 2024, such as Gold Fields' \$2.16 billion acquisition of Osisko Mining.

Progress

40% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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Class Action Lawsuits Allege Systemic Sexual Harassment at BHP and Rio Tinto Mines

BHP and Rio Tinto face class-action lawsuits alleging systemic sexual harassment and gender discrimination against female employees at their Australian mines; the suits claim the companies knowingly exposed women to dangerous environments and punished those who reported harassment.

Progress

28% Bias Score

Gender Equality
dailymail.co.uk
🌐 85% Global Worthiness
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Anglo American Devalues De Beers, Favoring Sale Over London IPO

Anglo American drastically reduced De Beers' valuation to £3.2 billion, favoring a sale over a London stock market listing due to strategic shifts towards copper and iron ore, decreased diamond demand, and recent financial losses; this follows Unilever's decision to list its ice cream division in Am...

Progress

60% Bias Score

Decent Work and Economic Growth
smh.com.au
🌐 85% Global Worthiness
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MinRes Boss Pays $3.8 Million Penalty Amid Offshore Tax Scandal

MinRes boss Chris Ellison paid a $3.8 million penalty for his role in a decade-long offshore tax scheme, triggering a governance overhaul at the $6.6 billion mining company and impacting its share price by over $2 billion; a new board chair will be appointed within six months.

Progress

52% Bias Score

Reduced Inequality
azatutyun.am
🌐 75% Global Worthiness
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Zangezur Copper Combine Strike in Armenia: Workers Demand 50% Wage Increase

Workers at Armenia's Zangezur Copper-Molybdenum Combine in Kajaran are holding a strike for a 50% wage increase and better working conditions, prompting a secret ballot among employees after management labeled the strike illegal; the company reports wages from 330,000 to 1,672,000 AMD with benefits.

Progress

44% Bias Score

Decent Work and Economic Growth
fr.allafrica.com
🌐 75% Global Worthiness
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West African Military Juntas Intensify Pressure on Gold Mining Companies

Military juntas in Burkina Faso, Mali, Niger, and Guinea are aggressively increasing pressure on mining companies, demanding higher taxes and payments to boost state finances, amidst accusations of corporate self-interest and concerns about transparency in resource management.

Progress

32% Bias Score

Reduced Inequality
edition.cnn.com
🌐 85% Global Worthiness
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Class-Action Lawsuits Filed Against BHP and Rio Tinto for Widespread Sexual Harassment

Two class-action lawsuits were filed against BHP and Rio Tinto in Australia's Federal Court, alleging widespread sexual harassment and gender discrimination at their mines over the past two decades; hundreds of women have come forward with accusations of abuse, including groping, urination, and unwa...

Progress

44% Bias Score

Gender Equality
theglobeandmail.com
🌐 % Global Worthiness
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Major Drilling Acquires Explomin

Major Drilling acquires Peruvian drilling contractor Explomin for up to US\$85 million, expanding its market reach and specialized services.

Progress

0% Bias Score

Showing 13 to 24 of 24 results