Tag Archives: copper

Vedanta excluded again by Norwegian pension fund

Norwegian Council onEthics report 201516th March 2017.  In its latest report, released on 9th March 2017, the Norwegian Council of Ethics has again excluded Vedanta from the Government Pension Fund’s investment universe. The report is an indictment of Vedanta’s pattern of operation at four subsidiaries in Odisha, Chhatisgarh, Tamil Nadu and Zambia, finding “numerous reports of Vedanta’s failure to comply with government requirements” and concluding that “there continues to be an unacceptable risk that your company will cause or contribute to severe environmental damage and serious or systematic human rights violations.”

The Fund first divested from the company in 2007 after Vedanta Sterlite’s operations in India — Thoothukudi, Chhattisgarh and Orissa — and in other parts of the world were found to be in violation of accepted human rights and environmental norms.

The Pension Fund is “the world’s largest sovereign wealth fund with shares in 9,000 companies. . .[and] 1.3 percent of the entire world’s listed equity, giving the decisions it takes to drop or reinstate shareholdings or warn firms considerable weight among investors.”

Read the Council’s full assessment of Vedanta’s operations below. Continue reading

India, Zambia, London protest Vedanta’s AGM

Vedanta AGM 20165th August 2016  Protests have been held in India and Zambia in parallel with today’s AGM of British mining company Vedanta Resources’ at Ironmongers Hall, Barbican, London. Inside the AGM dissident shareholders asked incisive questions submitted by Zambian villagers who are suing Vedanta in the UK for twelve years of polluted water, as well as displaced farmers who were never compensated for their land in Lanjigarh, Odisha, India and accuse Vedanta of murdering and harassing them with state collusion. A loud protest organised by Foil Vedanta took place outside the meeting, demanding that Vedanta subsidiary Konkola Copper Mines publish its hitherto secret annual accounts in Zambia, and accusing the company of pollution, human rights abuses and financial mismanagement in India and Afrika.

See the video of the London demo here… and of the Delhi demo here.

Please see a full report on proceedings inside the AGM bu London Mining Network entitled ‘Vedanta’s 2016 AGM: evidence, evasion and arguments‘.

and coverage in The Mining Journal,  the New International, and Reuters.

At Vedanta’s London AGM activists from Foil Vedanta interrupted the meeting asking incisive questions to the Vedanta board and gathered shareholders on behalf of the Zambian Copperbelt villagers living downstream of Vedanta’s Konkola Copper Mines (KCM), who are demanding an end to twelve years of pollution by KCM, which has turned the Kafue into a ‘river of acid‘ and left them with no access to clean water. They asked why KCM has never submitted annual accounts in Zambia in accordance with national laws, and whether Vedanta’s deliberately obstructive approach to compensation cases as revealed in a recent London judgement was company policy.

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How KCM is killing the Zambian Copperbelt. Part 2: air pollution.

Freddy Muntete in his garden

Freddy Muntete in his garden

July 20th 2016.  In October 2015 Foil Vedanta visited Vedanta’s Zambian subsidiary Konkola Copper Mines (KCM) for the second time to investigate the legacy of pollution that has destroyed the environment and livelihoods around Chingola since 2004, when Vedanta bought controlling shares in KCM. KCM is Africa’s largest copper mine and the largest mining company in the copper dependent economy of Zambia. Our 2014 report Copper Colonialism: Vedanta KCM and the copper loot of Zambia exposed some of KCM’s major corporate malpractices including large scale tax evasion and mis-declaring profits, labour rights violations, and gross pollution which has continually contaminated the river Kafue causing sickness and loss of livelihood for tens of thousands of Zambians. We accused Vedanta and the UK government, which has given KCM active and tacit support, of neo-colonialism and of treating Zambian lives and environment as cheap.

East 1st Street, only 50m from the smelter

East 1st Street, only 50m from the smelter

We were particularly shocked when we visited KCM’s Nchanga smelter in the heart of Chingola town, to see communities living less than 50m away from the fume belching and extremely noisy smelter. KCM is less known for emitting toxic fumes than Swiss miner Glencore’s Mopani smelter in nearby Mufilira town which causes misery for the residents of Kankoyo district, but walking along East 1st Street and 2nd Street which run directly along the factor wall our eyes immediately began burning and itching and we developed headaches and sore throats within a few minutes.

Residents of Nchanga South explained how the plant was built in 2006 without any prior consultation with the community, who were only aware of the development when they saw construction taking place. The construction of the smelter encroached into their community as the factory wall was moved out, covering 1st Street, which had previously run alongside the wall, and instead building a new wall directly behind the resident’s plots, bringing the polluting plant right up to their garden walls. When the community (many of whom work for KCM) met with representatives to voice their concerns about fumes and pollution from the smelter they were told it was a modern plant with no detectable fumes and would have no impact on them.

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Authors pull out of Vedanta JLF, and a rebuttal to the organisers

JLF flyer with pulled out authors17th May. On 14th May we released an open letter calling for the renowned authors and artists participating in the Jaipur Literature Festival at Southbank, London, to pull out of the event in view of its sponsorship by Vedanta Resources – dubbed ‘the world’s most hated company’. The letter has now been signed by over 100 writers, academics, activists and people directly affected by Vedanta’s operations, including poets Nabina Das, Hemant Devate, Rafiq Kathwari and Surya Vahni Priya Capildeo and writers Tariq Mehmood, Hansda Sowvendra Shekhar, Courttia Newland and Gladson Dungdung.

In response two speakers have already pulled out. The scientist and broadcaster Aarathi Prasad and K. Satchidanandan, a Malayalam and English poet have both refused to participate. (Please see the full article critiquing the neocolonialist approach of the Jaipur Literature Festival by Kavita Bhanot here)

Despite this, Sanjoy Roy, the managing director of Teamwork Arts, which produces the festival, issued this statement to the media on behalf of the festival organisers Namita Gokhale and William Dalrymple:

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How KCM is killing the Zambian Copperbelt. Part 1: water pollution

Scientists sample toxic sludge seeping from the Muntimpa tailing dam into the environment in 2011

Scientists sample toxic sludge seeping from the Muntimpa tailing dam into the environment in 2011

19th February 2016. In October 2015 Foil Vedanta visited Vedanta’s Zambian subsidiary Konkola Copper Mines (KCM) for the second time to investigate the legacy of pollution that has destroyed the environment and livelihoods around Chingola since 2004, when Vedanta bought controlling shares in KCM. KCM is Africa’s largest copper mine and the largest mining company in the copper dependent economy of Zambia. Our 2014 report Copper Colonialism: Vedanta KCM and the copper loot of Zambia exposed some of KCM’s major corporate malpractices including large scale tax evasion and mis-declaring profits, labour rights violations, and gross pollution which has continually contaminated the river Kafue causing sickness and loss of livelihood for tens of thousands of Zambians. We accused Vedanta and the UK government, which has given KCM active and tacit support, of neo-colonialism and of treating Zambian lives and environment as cheap.

In 2015 an eight year long legal battle by 2000 contaminated residents finally ended when the Supreme Court of Zambia confirmed the High Court’s opinion that KCM was guilty of ‘gross recklessness’ and damaging villagers’ health. However, the $2 million in damages earlier awarded by the High Court was removed, leaving the residents short of real justice. Subsequently London law firms have filed for damages from Vedanta Resources on behalf of approximately 3000 of the contaminated villagers, and the shocking story of ten years of pollution has reached the Guardian and BBC. However, many thousands remain un-represented and there is no guarantee that the pollution will stop in the event of a settlement. This article gives voice to some of the victims of KCM’s ongoing water pollution whom we met around Chingola, where KCM’s Nchanga open pit and underground mines, concentrators, Tailings Leach Plant, and smelter are located, and details KCM’s sheer disregard for life in Zambia despite several criminal prosecutions for contamination. KCM’s air pollution will be the subject of a separate article.

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Northern Governmental Organisations: between the free market and the nation state

A placard addressing NGO's role in Zambia

A placard addressing NGO’s role in Zambia

A short version of this article was published in The Land magazine’s summer edition 2015. A PDF of  the full version below can be downloaded here:Northern Governmental Organisations.

Northern Governmental Organisations: between the free market and the nation state

Samarendra Das and Miriam Rose

The NGO sector is one of the world’s largest industries. In 2009 there were 3.3 million NGOs (or 1 for every 400 people) in India alone,1 with money pouring in from Intergovernmental Organisations (IGOs), Western donor agencies and philanthropic funds.

Though some critiques of the big NGOs and humanitarian aid have reached the mainstream media in recent years, the general Western perception is that NGOs are doing important and effective work on behalf of millions of deprived people without a voice.

This article gives an alternative perspective. Based on conversations with grassroots activists and marginalised communities in India and Africa over many years of our work on extractive industries, we draw together the common critiques of advocacy and development NGOs in the ‘Third world’ or ‘global South’ – from their role in dividing and co-opting people’s movements by professionalising activism, to their lack of accountability to the people they claim to represent. We show that, behind the ‘rights based’ rhetoric, NGOs consciously or unconsciously serve the neoliberal interests of donor countries, institutions, and even companies.

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Prosperity or plunder?: The real story behind the global mining industry

modern technology: Australian iron ore being loaded onto ships

modern technology: Australian iron ore being loaded onto ships

12th August 2015.  This editorial on the ecological economics and social impacts of the global mining industry was published in the July/August edition of the socialist Hindi magazine Samayik Varta. Please click the link to read it in Hindi or download a PDF version of the article here: Prosperity or plunder? The real story behind the global mining industry

Prosperity or plunder?: The real story behind the global mining industry

Samarendra Das and Miriam Rose, Foil Vedanta

Foil Vedanta is a grassroots international solidarity group based in London. We aim to hold the FTSE 250 UK listed company Vedanta to account by building a global movement of communities opposing its operations, and using scholar activism to expose the real interests behind Vedanta and other mining companies. In 2014 our report Copper Colonialism: Vedanta KCM and the copper loot of Zambia, which followed our visit to Zambia, ignited protests and helped change Zambian mining policy.

A history of mining:

Scientists still don’t fully understand how the deposits of precious metal in the Earth’s surface were formed, but the most recent theory suggests that they were brought to the Earth by enormous meteors which smashed into the planet 200 million years after the earth formed (4.3 billion years ago).1 The earth’s crust is mostly made up of Oxygen (47%) and Silicon (28%), followed by Aluminium (8%) and Iron (5%). Other metals are much more rare; Copper makes up 0.01%, Zinc 0.004%, Lead 0.002%, Tin 0.001%, Thorium 0.001%, Uranium 0.0004%, Silver 0.00001% and Gold 0.000001%. Only a fraction of these percentages are to be found in densities which are economically viable to extract.

In other words, metals are a very rare and very precious resource on our planet, and are completely irreplaceable. However, in 2014, after only a century of industrial scale mining, the speed and scale of extraction of metals has become so immense that most metals are predicted to run out in the next few decades. For example between 1.1 and 1.3 billion tonnes of aluminium has been extracted historically (until 2014), and at the current extraction rate of 40 – 46 million tonnes per year the remaining 8 billion tonnes will be used up in 20 – 40 years.2

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Eight global demos against Vedanta in Afrika, India and London

Foil Vedanta AGM 2015 protest3rd August Seven global locations in India and Africa held angry protests today and over the weekend opposing the activities of British-Indian mining company Vedanta while Vedanta’s AGM at Ironmongers Hall, Barbican, London was mobbed by a loud rally organised by Foil Vedanta, accusing the company of pollution, human rights abuses and financial mismanagement. In London a comical staged boxing match between Vedanta’s 69.6% owner and Chairman Anil Agarwal and new CEO Tom Albanese, revealed the company’s debt problems and internal dynamics while protesters chanted ‘Corporate criminal, shame on you!’ and drummed loudly. Vedanta’s share price has slipped 61% this year to 377p, and continues to dive as Q1 results show increased debt, and Cairn India minority shareholders oppose their attempt to merge with the oil and gas subsidiary to gain access to its $2.6 billion cash reserves for debt servicing.

See the film of London protests and more pics at Demotix..and here and here.

See coverage in the Economic Times of India, the Hindu Business Line, the New International , Odisha Channel , Odisha Sun Times and the Lusaka Times.

See an account of the AGM shareholders meeting here.

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Global days of action against Vedanta’s 2015 AGM

AGM 2015 flyer excerpt Join us for the 11th annual Global Days of Action against Vedanta Resources and its subsidiaries.

On Monday the 3rd of August we will hold a loud and colourful demonstration outside Vedanta’s Annual General Meeting in London in solidarity with the many communities suffering pollution, illness, oppression, displacement and poverty as a result of Vedanta’s operations.

In the days leading up to this event communities suffering from Vedanta’s operations across India and Afrika will hold rallies and meetings as part of the Global Days of Action against Vedanta. News of these protests will be spread via press and social media and shared between affected communities who are joined in this global movement opposing this careless corporate, and all profit-driven corporates colonising and polluting our planet.

Join us in London with drums and placards on Monday 3rd of August, 2pm at Ironmongers Hall, Barbican, EC2Y 8AA.

Download the AGM 2015 flyer here.

Zambia: Evidence of corruption and miscarriage of justice in KCM water poisoning case

Mushishima Stream, polluted by Vedanta KCM

Mushishima Stream, polluted by Vedanta KCM

2nd June. This article also appeared in the Lusaka Times on May 19th.                    On 2nd April the Supreme Court of Zambia upheld a precedent High Court verdict that Vedanta subsidiary Konkola Copper Mines (KCM) is guilty of major water pollution which turned the Kafue into a river of acid in 2006 and poisoned thousands of people, some of who have suffered long term impacts to their liver, kidneys and other functions(1). But the $2 million compensation originally awarded by the High Court to 2001 victims who self organised to sue KCM, has been reduced to virtually nothing, denying them their long due justice.(2)

Now lead claimant James Nyasulu has been receiving threats and harassment from agents working on behalf of KCM, telling him not to fight this multinational company, which has connections in the judiciary.Nyasulu and the committee of claimants have evidenced multiple incidents of procedural irregularities, bribery and corruption during their nine year struggle for legal redress:

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