Posts tagged "Goa"

Vedanta faces protests at AGM over ethical record

The environmental and human rights record of the miner Vedanta Resources will be put under the spotlight during its annual meeting next week, when the India-based group will face protests from pressure groups and an …
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Vedanta on trial

Sixteen years of fraud?
Vedanta Resources’ launch on London’s stock exchange in late 2003 was the second biggest UK floatation of that year – and the largest-ever by an Indian company. It had taken several …
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Vedanta: Risks to banks

At a September seminar in London with investors in Vedanta, mining researcher Roger Moody of Nostromo Research gave the following paper on risks to banks from investments in the company.

Roger has 26 years experience …
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Vedanta claims: ‘It is not feasible to remove mining dumps at Advalpal’

In September 2009, a 9-year old boy from Advalpal village in Goa successfully took Vedanta to court, accusing its iron ore subsidiary, Sesa Goa, of illegally dumping wahttp://londonminingnetwork.org/wp-admin/post-new.phpstes above his village, thus causing major flood …
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Vedantoxics

Vedanta and its subsidiaries have been accused of numerous violations of the law. Apart from various legal cases against it because of its Lanjigarh smelter and its Niyamgiri project, mining researcher Roger Moody has produced …
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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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Treasury taken to court for RBS loans to Vedanta Resources, GCM

Ministers face embarrassment in the high court when the Treasury is forced to explain why the state-owned Royal Bank of Scotland has been lending money to the controversial mining firm Vedanta Resources, whose activities have …
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Culprit company announces huge expansion of Goa mines

Not to be out-manoeuvred by adverse publicity attaching to its abject failure to protect workers in Chhattisgarh, UK-listed Vedanta has announced a massive expansion of its parlous iron ore mining in Goa and elsewhere in …
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London Calling the shots on Vedanta – and some British banks

There seem to be few new tactics that may be adopted in the seemingly interminable battle to force mining companies into being both honest and just. However, on September 22nd, what some have described as …
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Goa: Sky’s the limit as court rules against Vedanta

A nine-year old boy recently filed a public interest petition against the “unsafe” mining activities of  India’s biggest mining company – UK-listed Vedanta Resources plc. Akaash Naik was backed by Claude Alvares, the highly-esteemed director …
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Overburdened: the hidden realities of India’s holiday state

One of the world’s leading business websites, Forbes.com, has turned its attention to the unacceptable activities of companies that are mining iron ore in the Indian “holiday” state of Goa.

The key culprit identified is …
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Vedanta AGM report

Vedanta plc held its annual shareholders’ meeting a month ago. The following report summarises the issues raised at the meeting, and the responses from the company.

Concerns raised at the Vedanta plc AGM, Monday 27
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