LONDON In a major setback to mining giant Vedanta Resources, a British charity on Thursday has announced that it had sold all its stake in the firm. The sell off was due to concerns over human rights and environmental issues.
Human rights watchdog Amnesty International on Tuesday alleged that the government and Vedanta had failed to protect Orissa's indigenous communities from health hazards of mining. However, the mining major hit back saying these claims were based on "outdated document".
Amnesty International has lambasted Vedanta Resources, the London-based mining company, for violating the human rights of local communities, including their right to water, food, health and work by operating a heavily polluting alumina refinery in Lanjigarh, Orissa.
S Kalyana Ramanathan / London February 09, 2010, 0:25 IST
Survival International, a London-based NGO, has appealed to the director of the Hollywood blockbuster Avatar, James Cameron, to lend his support in fighting against London-listed mining and metals major Vedanta Resources from setting up its aluminium plant in Orissa.
VEDANTA Resources, the Anil Agarwalcontrolled mining and metals conglomerate, continues to battle a maelstrom of allegations over its proposed mining work in Niyamgiri, Orissa. The Church of England, a shareholder in London-listed Vedanta, last week exited its investment alleging unclear rehabilitation policies.
BHUBANESWAR: Human right activists, tribal leaders and social activists in Orissa Sunday welcomed the Church of England's decision to sell its shares in British mining major Vedanta due to its dissatisfaction with the company's rights' record in the state.
S Kalyana Ramanathan / London February 6, 2010, 0:49 IST
Withdraws investment over Orissa project.
Metals and mining major and Anil Agarwal-controlled Vedanta Resouces today received a moral blow to its proposed mining project in Orissa after the Church of England withdrew its investments in the company, citing ethical reasons for the decision.
