The world’s biggest commodities’ trader has “gone public” on the London and Hong Kong Stock Exchanges, following the conditional issue of shares to its so-called “cornerstone investors” over the previous week.
Glencore has leapt straight …
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Private trader Glencore is to list in London this month
Greed Inc: A special investigation into pollution, dubious tax practices and exploitation of African workers at Glencore
News that the London Stock Exchange is on …
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Zambia’s people are blessed with copper. Yet with one doctor per 10,000 people and life expectancy a mere 47 years, who’s benefitting from the wealth beneath their feet? As with countless countries around the world …
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Last week Switzerland-based Glencore – the world’s biggest minerals trader – announced it would seek a listing on the London and Hong Kong Stock exchanges in mid-May.
Amid the issues being raised about the firm’s …
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Four miners have died following an accident at Zambia’s Nchanga open pit mine, owned by London-listed Vedanta Resources, police said. Copperbelt police commanding officer Martin Malama said in an interview that police had retrieved three …
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In November of last year, Vedanta’s Zambian subsidiary Konkola Copper Mines (KCM) was fined in court for polluting the very river it had poisoned four years earlier in the north of the country.
In November …
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Around 160 multinationals profit from Mauritius’s status as a tax haven (Tax Justice Network gives Mauritius an “opacity” rating of almost 100%), in order to walk away with billions in undeclared profits.
One of the …
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… and urges broader campaign against “criminal” company
For the past six years, UK-listed Vedanta Resources has been castigated by Adivasi (Indigenous Peoples) groups, environmentalists and human rights organisations, for numerous alleged violations of Indian …
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An African faith coalition publishes a detailed examination of the ways in which citizens are defrauded of mining profits. The document refers particularly to AngloGold Ashanti, which has a subsidiary listing on the London …
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MINING companies have vehemently opposed the reintroduction of a windfall mining tax in Zambia despite the current boom in international copper prices, warning that raising taxation could plant uncertainty in future investments in the sector. …
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