Drumbeat: March 3, 2012

theoildrum.com 03 Mar '12, 4pm

Drumbeat: March 3, 2012

Posted by Leanan on March 3, 2012 - 11:58am Global mining boom is leading to landgrab, says report The global mining, oil and gas industries have expanded so fast in the last decade they are now leading to large-scale "landgrabbing" and threatening farming and water supplies, according to a report by environment and development groups in Europe, Africa and India. ...The dramatic increase in large-scale mining, clearly seen in places such as the Amazon for gold and oil, India's tribal forest lands for bauxite, South Africa for coal and Ghana for gold, is being fuelled by the rising price of metals and oil. These have acted as an incentive to exploit new areas and less pure deposits, says the report. "Technologies are becoming more sophisticated to extract materials from areas which were previously inaccessible, uneconomic or designated of 'lower' quality," it says. "That me...

Full article: http://www.theoildrum.com/node/8993

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