Tags » Financial Returns

EU extends its promotion of experimental seabed mining to the Marshall Islands

European citizens already live in luxury, but it is corporations from the UK, Germany, Italy, Finland and Norway that are profiting from experimental seabed mining plans in Papua New Guinea – … 495 more words

Papua New Guinea

UN told of mining industry human rights violations in Pacific region

Pacific people experiencing cultural genocide at the hands of the extractive industries

Call for UN Investigation into mechanisms to hold businesses, multi-nationals and extractive industries accountable for not only human rights violations but also criminal acts in Indigenous lands and against Indigenous Peoples… 1,109 more words

Papua New Guinea

The weather ate my returns

As companies report earnings from the first three months of 2015, they’re spending more time complaining about the weather than coworkers making small talk in an elevator. 915 more words

Finance

Rio Tinto’s window opens for Bougainville Copper exit

Rowan Callick | The Australian

Rio Tinto’s review of its controlling stake in Bougainville Copper, now in its ninth month, is considering the options not only of a trade sale but also of giving its shares away, possibly to a charitable trust. 439 more words

Papua New Guinea

PNG people pay for profits of European companies feeding off experimental seabed mining plans

Experimental seabed mining is not due to begin in PNG until 2018 but already the poverty stricken people of PNG, who lack access to even clean drinking water or basic sanitation, are seeing their taxes pay for the profits of companies in wealthy European countries… 1,585 more words

Papua New Guinea

Fiji government tries to quieten landowner opposition to Newcrest exploration

Ministry, landowners meet over exploration issues

Vuniwaqa Bola-Bari | Fiji Times

THE Lands and Mineral Resources Ministry deputy permanent secretary Malakai Nalawa today met with members of the Nawaisomo clan to iron out issues regarding the exploration work by the Namosi Joint Venture. 93 more words

Environmental Damage