Palangkaraya Post News

HELENA, Mont. — The copper mining, refining and smelting company Asarco LLC is asking a judge to prevent its parent company from obtaining a $40.5 million tax refund.

In paperwork filed this week in a Texas bankruptcy court, Asarco requests an injunction to keep mining giant Grupo Mexico from going after the money from the Internal Revenue Service. The company instead wants the judge to rule that the refund belongs to Asarco.The money comes from tax overpayments Asarco’s former parent company, East Coast-based Asarco NJ, paid from 1987 through 1989. Grupo Mexico bought Asarco in 1999.”Asarco has been trying to collect the refund from the IRS for the last four years,” Asarco lawyers said in court documents. “The refund is expected to be approximately $40,479,421, plus interest, thereby making it a Read the rest of this entry →

Mewat (Haryana) (ANI): Defying the decree of ban on mining passed by the Supreme Court and the State Government, mining is reportedly rampant in Mewat.

The mining in Utawad village of Mewat district is causing serious threat to the eco-system as social activists allege of mafia-official nexus behind the illegal mining.

“Mining is going on even near the 250 year old hills of Wasida and that too at great depth. Rather than doing mining at 300 meters from monuments it is being done at the places which are 10 meters from the monuments. The residential buildings are also developing cracks,” complains Ramesh Arya of Bandhua Mukti, an NGO founded by Swami Agnivesh. Read the rest of this entry →

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