Foreign investment

October 24th, 2013

Extract from 'Initial reflections on the 2013 BHP Billiton AGM', by Andy Whitmore, on behalf of the London Mining Network

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Press Release by Down to Earth and London Mining Network

London, Tuesday 22nd October 2013

The board of controversial mining giant BHP Billiton is set to be slammed at its AGM by an Indonesian activist over seven coal concessions collectively covering an area of more than 350,000 hectares in the relatively unspoilt rainforest centre of the island of Borneo. Part of this project overlaps the transnational Heart of Borneo conservation area, described by the Asian Development Bank as “the lungs of Southeast Asia".

Press release: Down to Earth, London Mining Network and the Indonesian Mining Advocacy Network (JATAM).

London, June 26th 2013

Much of the talk at today’s Bumi plc AGM will centre on the company’s deep financial and governance woes, but it is the people most directly affected by Bumi’s coal-mining operations that need to be heard.

 
DTE Press Release
London, February 21, 2013

Whoever is in charge needs to be accountable for impacts on communities in Kalimantan, say CSOs.

Press Release by London Mining Network and War on Want, 25th October 2012

Poor ‘hit by mines giant’ press £2,000-a-day peer

Plea to former UK international development minister

Press release by War on Want, London Mining Network and Down to Earth, October 16, 2012

Press release:  Down to Earth, London Mining Network and War on Want
2 October 2012.

The announcement[1] of new Financial Services Authority (FSA) rules on reverse takeovers[2] and other regulatory 'blind spots' is yet another case of too little too late.