Tag: glencore

Mining firms targeting Brazil indigenous lands: report

RIO DE JANERIO, Brazil (AFP) – Major mining companies are seeking to expand to currently protected indigenous lands in the Amazon rainforest, bolstered by billions of dollars in financing from international banks and investment firms, a report found Tuesday. Nine mining giants including Brazil’s Vale, Britain’s Anglo American and Canada’s Belo Sun have filed applications seeking authorization to mine on indigenous reservations in Brazil — even though that is currently illegal, said the report by […]

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NGO awards triple-A climate rating to just 14 firms

PARIS, France (AFP) – Only 14 companies are making top-grade efforts on the climate, the organisation that scores environmental efforts by companies for investors said Tuesday. The NGO Carbon Disclosure Project (CDP) said only 14 out of nearly 12,000 firms that it scores received A marks in all the three areas of climate change, forests and water security in 2021.  Among those were consumer goods firm Unilever, food group Danone, cosmetics maker L’Oreal and tobacco […]

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Philippines’ Duterte tells mining companies to ‘shape up’

Reuters) Philippine President-elect Rodrigo Duterte warned mining companies to “shape up”, as he signaled he would prefer ownership of mining assets to be left to local investors. He also said the incoming government may rewrite rules to limit environmental degradation in the sector. Duterte, who assumes office on June 30, has named nearly all his cabinet members this week but has yet to appoint a new minister that will oversee the Southeast Asian country’s mining […]

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