In April, ethical investors working on a global standard for tailings dams had written to 683 listed resource companies, including major miners, asking for information to be made public within 45 days about every facility they control.
The race to mine Guinea's iron ore has started although the focus is not on its giant Simandou deposits but on smaller finds whose output could be transported via Liberia if ArcelorMittal shares its railway.
Billionaire Beny Steinmetz’s mining company has sought bankruptcy protection in the US, two months after losing a $2 billion arbitration award to Brazilian mining giant Vale.
Two ministers met with captains from the Indigenous tribe, however, activists say their complaints against the environmental and social impacts of the Orinoco Mining Arc tend to fall on deaf ears.
While geopolitical concerns have been the prime driver for most commodity markets recently, iron ore has been a standout, trading largely on traditional fundamentals.
Unable to get funding from lenders like the IMF since defaulting on its debt in 1999, Zimbabwe has over the last five years relied on the African Export and Import Bank for mineral-backed loans