Copper output is rising in Zambia again, but whether that will benefit the country or its people is a moot question. To quote the independent economic analyst in this article: “Agreements with the mines should …
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Zambian copper output to rise in 2010
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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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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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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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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Church accused of unethical investment in Vedanta
The Church of England and one of Britain’s leading charities have been revealed as shareholders in a London-based company behind a controversial aluminium mine in India which campaigners allege will wreak environmental destruction. Vedanta Resources, …
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Mined out in Zambia
Vedanta subsidiary sheds jobs, poisons river in Zambia.
See http://www.counterpunch.org/servant05292009.html.…
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Zambia – at sixes and sevens over mineral policy?
The Zambian government has announced it will take up equity in the country’s copper miners. Coming shortly after the government abolished a windfall tax – following pressure applied by privately-owned mining companies- the announcement has …
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Vedanta ramps up copper production in Zambia
Vedanta is “ramping up” its copper production at Zambia’s biggest mine despite rising costs, in the hope that it can drive down prices from its suppliers. This is virtually certain to result in lay-off of …
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