Canada’s federal government has launched a formal investigation into the use of foreign workers at a HD Mining International Ltd.’s coal mine in northern British Columbia, joining the provincial government, which opened an inquiry last week.
Imagine for a moment that you have a credit card with a limit of a few trillion dollars but with one caveat: you need to use those funds exclusively to provide for your family. It sounds easy, until you realize your “family” is 1.1 billion people...The Chinese government is in a similar position.
Newmont Mining Corporation (NYSE: NEM) announced Monday it was recognized for transparent climate change disclosure practices by the Carbon Disclosure Project’s (CDP) Leadership Index for the third consecutive year.
Chinese Premier Wen Jiabao has accumulated vast wealth during his time in power, but reports of his $2.7 billion fortune —and the influence of his wife, Zhang Beili, the "Queen of China's Diamonds"— have been blocked in China.
A prominent Indonesian businessman has warned foreign miners of the perils of investing in his own country over the next two years due to new laws which curb overseas ownership.