Monthly archive November, 2009

Vedanta report “designed to hamper” disaster investigations, says police chief

An Orissa police chief has declared that Vedanta’s Balco subsidiary deliberately mislead the public, when reporting on September’s chimney collapse at the Korba alumininum complex.  The disaster killed over forty – and  possibly substantially more …
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Bianca Jagger, the mining company and the Indian PM

Bianca Jagger and tribal leaders of the Kondh people have been joined by 47 internationally respected opinion makers to send an open letter to India’s Prime Minister Dr Manmohan Singh. Names include Judge Weeramantry, Former …
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Arundhati Roy on Vedanta, poverty and militarisation

The low, flat-topped hills of south Orissa have been home to the Dongria Kondh long before there was a country called India or a state called Orissa. The hills watched over the Kondh. The Kondh …
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Vedanta Resources falls on talk of investigation into subsidiary

Mining group Vedanta Resources is the biggest faller in the leading index following reports one of its subsidiaries in India, Sesa Goa, was under investigation over its accounts.

See http://www.guardian.co.uk/business/marketforceslive/2009/oct/27/vedantaresources.

See also Sesa Goa
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Case profile: Vedanta Resources lawsuit (re Dongria Kondh in Orissa)

A history of lawsuits against Vedanta for its operations in Orissa can be found on the Business and Human Rights Resource Centre website at

http://www.business-humanrights.org/Categories/Lawlawsuits/Lawsuitsregulatoryaction/LawsuitsSelectedcases/VedantaResourceslawsuitreDongriaKondhinOrissa.…
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Ironing out the price: China collaborates with Ukraine

China relies for 50% of its iron ore imports on three main producers: Vale, Rio Tinto and BHP Billiton. Over the past year, the three global giants have battled to maintain high prices for …
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New Zealand: Rio Tinto scores a double whammy

For the past 35 years, New Zealand/Aotearoa’s intrepid CAFCA (Campaign against Foreign Control of Aotearoa) has called for the closure of the country’s largest industrial plant, on environmental, health & safety and economic grounds. During …
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Pushed to the edge: Climate change and Rio Tinto in southern Madagascar

From the Anosy region of southern Madagascar, the indigenous Antanosy describe their lives in the face of climate change, food insecurity and rapid development due to mining. Testimonies include: Sambo – His life “used to …
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Locals fight Xstrata’s ‘monster’ Tampakan project

Xstrata recently announced a further increase in estimated at the Tampakan mine project – to 13.5 million tonnes of copper and 15.8 million ounces of gold.  In covering the announcement, Miningnews.net used the headline: “Monster …
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Union prepares for rocky labour negotiations at Xstrata’s Altonorte – Chile

Labour negotiations coming up at Xstrata’s Altonorte copper smelter in Chile could turn out rocky since the union’s demands appear to be far from what the company will offer, according to Altonorte union leader Lázaro …
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Landmark case against Treasury chucked out

Campaigners have reacted angrily after a court case which saw the Treasury accused of breaking its own rules on the spending of public money when buying the Royal Bank of Scotland (RBS) was thrown out …
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London Calling applauds a Hunt for market truths

UK analyst Simon Hunt may be the only researcher in his field with a true measure of what’s currently happening in metal markets. Then again, he might not. Hunt has recently re-examined the apparent boom …
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