Shares of Vedanta Resources fell for the second successive session today on the London Stock Exchange, after the metals and mining major failed to get an environment clearance for its USD 1.7 billion bauxite mining project in Orissa. See...
1) India’s Ministry of Environment and Forests rejects Vedanta’s Niyamgiri project Vedanta Mining Project in Orissa’s Niyamgiri Hills Rejected The Ministry of Environment and Forests rejected Vedanta mining project in Orissa’s Niyamgiri Hills....
Vedanta hopes to buy UK company Cairn Energy’s majority stake in oil company Cairn India. ONGC-OIL-Gail may counter Vedanta offer State-owned ONGC, OIL and Gail may make a joint bid to counter Vedanta Resources’ $8.48 billion offer for majority stake in Cairn...
Danish bank Danske has published a list of companies which it will not finance because of environmental and human rights concerns. Its list of “Excluded companies” names those that do not meet the requirements of its Socially Responsible Investment policy....
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 worst of these is Vedanta Resource...
Even as the Congress and BJP, two parties in the opposition bench in Orissa, are stiffly opposing the setting up of the Vedanta University Project at Puri, two south Indian states, where the government of these parties are in power, are vying with each other to get...
In recent weeks, two senior leaders of India’s Dongria Kondh tribe were seized and intimidated by plain-clothes police, activists say. They were active in the struggle to prevent Vedanta from mining in the Niyamgiri Hills. See...
Samarendra Das and Felix Padel examine the destructive nature of bauxite mining, including the impact of Vedanta’s operations in Orissa. Bauxite mining excavates a huge surface area, and has caused environmental devastation in Jamaica, Guinea, Australia, India...
Let’s save the real Avatar Reflections on the Vedanta AGM by Bianca Jagger at http://www.huffingtonpost.com/bianca-jagger/lets-save-the-real-avatar_b_677094.html. Amnesty UK video on Vedanta AGM at http://vimeo.com/14032664. Video (made for LMN by Mikey Watts)...
Colombia’s biggest coal exporter Cerrejon said on Thursday that four contractors had been killed and 12 others injured while repairing a coal-storage silo in the Andean nation. See http://www.alertnet.org/thenews/newsdesk/N05169475.htm and...
In 2005, the Keweenaw Bay Indian Community tried to lease the sacred Eagle Rock site from the State of Michigan for ceremonial use. Located in Michigan’s Upper Peninsula near Marquette, Eagle Rock and the surrounding Yellow Dog Plains are part of lands ceded to the...
Anil Agarwal and his cronies had it coming. Their company, Vedanta Resources, last week confronted a far more vocal and aggressive presence at its London annual general meeting than ever before. For the first time too, a handful of investors stuck their head above the...
