Speakers from Foil Vedanta and London Mining Network yesterday presented evidence in the House of Commons on the criminal behaviour of some London Listed mining companies, and called for better accountability measures and the de-listing of criminal companies. Focusing on contentious UK miner Vedanta Resources, they exposed new evidence of tax evasion, illegal land grabs, displacement, major pollution and water poisoning, as well as the UK’s role in promoting and protecting the company, and called for its immediate investigation and potential de-listing in London.
In a packed meeting hosted by John McDonnell MP in the House of Commons speakers told MPs, journalists, diplomats and members of the public attending that high risk mining companies like ‘the world’s most hated company’ Vedanta Resources are bringing shame on the London Stock Exchange, and demanded better accountability measures and the de-listing of criminal companies. MPs attending were Jeremy Corbyn, Eric Joyce and John McDonnell.
21st January 2014. In December Foil Vedanta activists made a trip to Zambia to investigate the operations of Vedanta subsidiary Konkola Copper Mines (KCM), Zambia’s biggest copper miner, and to make links with grassroots movements, academics, journalists and those in the political system who may be questioning the unjust terms of copper mining in their country.
We were shocked to discover the environmental and social devastation wrought by Vedanta’s operations, and the lack of information held by policy makers and regulators in Zambia on this multinational as well as on wider issues with copper market manipulations, material flows and the real interests controlling their country. This report is a comprehensive account of the origins of, and interests behind the rapid loot of Zambia’s copper resources which is currently taking place.
1st August 2013. Foil Vedanta’s report with pictures:
Today protesters from Foil Vedanta and other organizations held a loud carnival demonstration at the AGM of controversial FTSE 100 mining company Vedanta at the Marriott Hotel, Grosvenor Square London. A parallel demo was held in Johannesburg. Yesterday in Delhi almost a hundred people braved rains to raise their protest at Odisha Bhawan. Meanwhile, the majority of tribal village meetings given legal power by the Supreme Court of India have unanimously voted against Vedanta’s flagship Niyamgiri mine.
Vedanta’s London AGM was again disrupted today by protesters from Foil Vedanta and other organisations who raised a number of human rights concerns. Chanting and singing was continuous throughout the two hour protest and could be heard inside the AGM. Protesters held placards painted with defiant anti-company quotes from the Dongria Kond tribe in Odisha, India, where the company has been trying to mine illegally for ten years, and has now been stopped. Another group performed street theatre holding a giant inflatable monster with Vedanta Resources painted on it, and snake like heads bearing the names of Vedanta’s subsidiaries. Some Sri Lankan protesters played Parai drums (a Tamil drum of revolution) outside the Mayfair venue. Vedanta subsidiary Cairn India is drilling in the fragile Mannar basin off Sri Lanka. At the peak of the protests a sit in was staged as the Vedanta monster was used to block the road.
Today the Indian Supreme Court held its latest hearing on Vedanta’s planned mega-mine which threatens the Dongria Kond tribe who live in the Niyamgiri hills. In the court the Ministry of Environment and Forests submitted its affidavit which re-affirmed their previous decision to refuse the bauxite mine on the grounds of violation of the Forests Rights Acts which protects ‘forest dwellers’ and traditional tribal groups.
In London activists from Foil Vedanta and other grassroots groups have held a series of demonstrations on all hearing dates. They have dumped mud on the India High Commission, held a noise demonstration at Vedanta Headquarters and targeted the Financial Services Authority demanding that Vedanta is de-listed from the London Stock Exchange. An investigation into the company’s listing has now been launched by the UK Listing Authority (UKLA).