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Rio Tinto reaches deal to review Bougainville copper mine impact


Rio Tinto reaches deal to review Bougainville copper mine impact
Reuters
12 hrs ago
© Reuters/HANDOUT
The Panguna mine is seen in Bougainville
MELBOURNE (Reuters) - Rio Tinto Ltd said on Wednesday it has reached an agreement with stakeholders of the Bougainville community to look into potential environmental damage and human rights breaches at a copper mine it ran decades ago.
Community and human rights groups have been pushing the miner to review issues https://www.reuters.com/article/us-mining-rio-tinto-bougainville-idUKKBN26J218 around water, land and health arising from the Panguna copper mine that Rio ran for nearly 20 years until 1989.
Rio was responding to a human rights complaint filed by a group of Bougainville residents last year who said that the massive volume of waste pollution left by the mine was having severe environmental and human rights impacts and putting the lives and livelihoods of communities at risk. ....

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EMEA Morning Briefing: Stocks to Edge Higher But -2-


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Dow Jones
Crypto Exchange FTX Valued at $18 Billion in Funding Round
Cryptocurrency exchange FTX has raised money at an $18 billion valuation, a deal that shows investors enthusiasm for digital currencies even after a crash that erased half of bitcoin s value over the past three months.
FTX raised $900 million in a new funding round that closed Tuesday. Participants in the round included Japanese technology investor SoftBank Group Corp., Silicon Valley venture-capital firm Sequoia Capital and Third Point, the hedge fund led by billionaire Daniel Loeb, FTX said.
U.S.-German Deal on Russia s Nord Stream 2 Pipeline Expected Soon
The U.S. and Germany have reached an agreement allowing the completion of a controversial Russian natural-gas pipeline, according to officials from Berlin and Washington, who expect to announce the deal as soon as Wednesday, bringing an end to years of tension between the two allies. ....

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