Copper with a Cost – Human Rights and Environmental Risks in The
Total Page:16
File Type:pdf, Size:1020Kb
Load more
Recommended publications
-
Fostering Accountability and Transparency (FACT) in Zambia Quarterly Report
Fostering Accountability and Transparency (FACT) in Zambia Quarterly Report January 1 to March 30, 2019 Youth Symposium Participants Outside FQM Trident Foundation Limited Offices after receiving training from one of FACT partners Submission Date: April 30, 2019 Submitted by: Chilufya Kasutu Agreement Number: Chief of Party AID-611-14-L-00001 Counterpart International, Zambia Email: [email protected] Submitted to: Edward DeMarco, USAID Zambia AOR This document was produced for review by the United States Agency for International Development, Zambia (USAID/Zambia). It was prepared by Counterpart International. ACRONYMS AND ABBREVIATIONS AOR Agreement Officer’s Representative ART Anti-Retroviral Treatment CCAs Community Conservation Areas CCPs Community Conservation Plans CFGs Community Forest Groups CEFTA Citizens Engagement in Fostering Transparency and Accountability COMACO Community Markets for Conservation CRB Community Resource Boards CSPR Civil Society for Poverty Reduction CSO Civil Society Organization DAC District Advocacy Committee DAMI District Alternative Mining Indaba DDCC District Development Coordinating Committee DEBS District Education Board Secretary DHO District Health Office DIM District Integrated Meetings EITI Extractive Industries Transparency Initiative ESSP Education and Skills Sector Plan FACT Fostering Accountability and Transparency FZS Frankfurt Zoological Society GPE Global Partnership for Education GRZ Government of the Republic of Zambia HCC Health Centre Committee HIV Human Immunodeficiency Virus LAG -
Profiles of Active Civil Society Organisations in North-Western, Copperbelt and Southern Provinces of Zambia
Profiles of Active Civil Society Organisations in North-Western, Copperbelt and Southern Provinces of Zambia On behalf of Implemented by Published by: Deutsche Gesellschaft für Internationale Zusammenarbeit (GIZ) GmbH Registered offices Bonn and Eschborn, Germany Address Civil Society Participation Programme (CSPP) Mpile Office Park, 3rd floor 74 Independence Avenue Lusaka, Zambia P +260 211 250 894 E [email protected] I www.giz.de/en Programme: Civil society participation in governance reform and poverty reduction Author: Isaac Ngoma, GFA Consulting Group GmbH Editor: Markus Zwenke, GFA Consulting Group GmbH, Eulenkrugstraße 82, 22359 Hamburg, Germany Design/layout: GFA Consulting Group GmbH and IE Zhdanovich Photo credits/sources: GFA Consulting Group GmbH On behalf of German Federal Ministry for Economic Cooperation and Development (BMZ) As of June, 2021 TABLE OF CONTENT ACTIVE CIVIL SOCIETY ORGANISATIONS IN NORTH-WESTERN PROVINCE � � � � � �7 Dream Achievers Academy �������������������������������������������������������������������������������������������������������������������������� 8 Anti-voter Apathy Project ���������������������������������������������������������������������������������������������������������������������������� 9 Mentra Youth Zambia . 10 The Africa Youth Initiative Network �������������������������������������������������������������������������������������������������������� 11 Radio Kabangabanga ���������������������������������������������������������������������������������������������������������������������������������� -
VRPLC Results Presentation FY2019.Pdf
Cautionary Statement and Disclaimer The views expressed here may contain information derived from statement involves risk and uncertainties, and that, although we publicly available sources that have not been independently verified. believe that the assumption on which our forward-looking statements are based are reasonable, any of those assumptions No representation or warranty is made as to the accuracy, could prove to be inaccurate and, as a result, the forward-looking completeness, reasonableness or reliability of this information. Any statement based on those assumptions could be materially forward looking information in this presentation including, without incorrect. limitation, any tables, charts and/or graphs, has been prepared on the basis of a number of assumptions which may prove to be This presentation is not intended, and does not, constitute or form incorrect. This presentation should not be relied upon as a part of any offer, invitation or the solicitation of an offer to recommendation or forecast by Vedanta Resources plc and Vedanta purchase, otherwise acquire, subscribe for, sell or otherwise dispose Limited and any of their subsidiaries. Past performance of Vedanta of, any securities in Vedanta Resources plc and Vedanta Limited and Resources plc and Vedanta Limited and any of their subsidiaries any of their subsidiaries or undertakings or any other invitation or cannot be relied upon as a guide to future performance. inducement to engage in investment activities, nor shall this presentation (or any part of it) nor the fact of its distribution form This presentation contains 'forward-looking statements' – that is, the basis of, or be relied on in connection with, any contract or statements related to future, not past, events. -
Status, Priorities and Needs for T I Bl Il T I Sustainable Soil Management In
Status, priorities and needs for sustitaina ble so il managemen tit in Zambia SSStalin Sichinga Zamb ia Ag ricu ltu re Resea r ch Institute Introduction Zambia has an area of 750,000 km2 with about 13.9 million people and ample land resources 0ut of 9 million ha cultivable land, only 14% is cropped in any year About 55 - 60% of the land area is covered by natural forest and 6% of Zambia‘s land surface is covered by water. Agro-ecological regions and soil distribution The country is classified into three agro-ecological regions based on soil types, rainfall, and other climatic conditions Agro-Ecological Regions N Chiengi Kaputa Mpulungu W E Nchelenge Mbala Nakonde Mporokoso S Kawambwa Mungwi Isoka Scale 1: 2,500,000 Mwense Luwingu Kasama Chinsali Chilubi Mansa Chama LEGEND Samfya Milenge Mpika Regions Mwinilunga Chililabombwe Solwezi Agro-ecological Region I Chingola Mufulira Lundazi I Ka lul u shi Kitwe Ndola IIa Lufwanyama Luans hya Chavuma Serenje Mambwe Kabompo Masaiti IIb Mpongwe Zambezi Mufumbwe Chipata Kasempa Petauke Katete Chadiza III Annual rainfall is <750mm Kapiri Mposhi Mkushi Nyimba Kabwe Lukulu Kaoma Mumbwa Chibombo Kalabo Mongu Chongwe Lusaka Urban Luangwa Itezhi-Tezhi Kafue Namwala Mazabuka Senanga Monze KEY Siavonga Sesheke Gwembe Shangombo Choma District boundary e Kazungula Kalomo w g n o z a in Livingstone S 200 0 200 400 Kilometers December 2002 The region contains a diversity of soil types ranging from slightly acidic Nitosols to alkaline Luvisols with pockets of Vertisols, Arenosols, Leptosols and, Solonetz. The physical limitations of region I soils Hazards to erosion, lim ite d so il dept h in t he hills an d escarpment zones, presence of hardpans in the pan dambo areas, ppyoor workability in the cracking gy, clay soils, problems of crusting in most parts of the Southern province, low water-holding capacities and the problem of wetness in the valley dambos, plains and swamps. -
Vedanta Resources V Zambian State Mining Company ZCCM-IH: Does Anyone Win?
Vedanta Resources v Zambian State Mining Company ZCCM-IH: Does Anyone Win? Kluwer Arbitration Blog October 8, 2019 Sadaff Habib (Assistant Editor for Africa) (Beale & Company LLP) and Abdul Jinadu (Keating Chambers) Please refer to this post as:Sadaff Habib (Assistant Editor for Africa) and Abdul Jinadu, ‘Vedanta Resources v Zambian State Mining Company ZCCM-IH: Does Anyone Win?’, Kluwer Arbitration Blog, October 8 2019, http://arbitrationblog.kluwerarbitration.com/2019/10/08/vedanta-resources-v-zambi an-state-mining-company-zccm-ih-does-anyone-win/ With over $3 billion invested by Vedanta Resources in Zambia since it became a shareholder in Konkola Copper Mines (KCM) in 2004, it is a less optimistic turn of events with Vedanta Resources and fellow shareholder, the government-owned Zambian State Mining Company ZCCM-IH (ZCCM), being at loggerheads in arbitration. In this post, we examine what led to this downward spiral in relations and what this means for investors in the mining industry in Zambia. Why Arbitrate Against Zambia? On 21 May 2019, the Zambian government sought anex parte order from the Lusaka High Court in Zambia to appoint, Mr Milingo Lungu, as provisional liquidator of Konkola Copper Mines (KCM), one of the country’s biggest employers in the mining industry. KCM is majority-owned by Vedanta Resources (part-owner of the Mumbai listed Vedanta group of companies) and the Zambian State Mining Company ZCCM-IH (ZCCM) holds a roughly 20 percent stake. Why did Zambia take such a serious step against one of its most prominent investors? The Zambian government appears to have several grievances with Vedanta’s operations in Zambia. -
Southern Africa Human Rights Policies & Practices of Companies May 2020 Featured on the Transition Minerals Tracker
01 Southern Africa Human rights policies & practices of companies May 2020 featured on the Transition Minerals Tracker Background Regional distribution The Business & Human Rights Resource Centre conducted research of allegations on the human rights policies and allegations relating to companies mining cobalt, copper, lithium, manganese, nickel and zinc, minerals We collected 73 allegations from the Southern Africa that are crucial in the transition to low-carbon technologies (including Development Community, the majority of which came solar panels, wind turbines and electric vehicle batteries). Companies from DRC and Zambia. were selected if they were among the top 5 global producers of one of these minerals, or alternatively, if they were among the top 5 producers of one of these minerals in the Southern Africa Development Community.* The following findings relate to companies operating in the Southern Africa Development Community. Overall findings 39/73 DRC We tracked a total of 22 mining companies with operations in the Southern Africa Development Community. Out of these: 4/73 Madagascar 25/73 Zambia Have a publicly available Have human rights human rights policy allegiations against them 10 11 1/73 Namibia The number of companies had changed from 24 to 22 in this updated because of methodological changes in the way joint ventures are recorded. 1/73 South Africa 3/73 Zimbabwe * Tanzania is not included in this analysis THEMATIC DISTRIBUTION OF ALLEGATIONS Health Tax avoidance The issues most frequently raised against Deaths 8 mining companies in the Southern Africa 7 8 Development Community were related to Labour rights the environment, access to water, health, 3 tax avoidance and land rights. -
Announcement
Zambia Copper Investments Limited (Registered in Bermuda) JSE code: ZCI ISIN: BMG988431240 ("ZCI" or “the company”) THE INTRODUCTION OF A STRATEGIC EQUITY PARTNER FOR KONKOLA COPPER MINES PLC AND FURTHER CAUTIONARY ANNOUNCEMENT 1. Introduction Further to the cautionary announcements published over the period 16 May 2003 to 23 July 2004, Rand Merchant Bank (“RMB”) is authorised to announce that ZCI, the Government of the Republic of Zambia (“GRZ”), ZCCM Investments Holdings plc (“ZCCM- IH”), Konkola Copper Mines plc (“KCM”) and Vedanta Resources plc (“Vedanta”) (collectively, “the Parties”) have reached agreement on the terms of an investment by Vedanta into KCM (“the Vedanta investment”), subject to the fulfilment of certain conditions precedent set out in paragraph 4 below (“conditions precedent”). 2. Background and rationale for the Vedanta investment Concomitant with the exit of Anglo American plc from ZCI (and indirectly KCM) in September 2002, the KCM shareholders and GRZ embarked on a process to ensure the long-term sustainability of KCM. It was agreed that the introduction of a new strategic equity partner was the most appropriate route to follow to secure the future of KCM and to address two key issues, namely:: the provision of technical expertise and management experience; and funding support and financial stability for KCM. The introduction of a new strategic equity partner would therefore address the management and capital constraints of the business. A bid process was therefore initiated in October 2002 and bids were received in February 2003. After due consideration of the bids received, Vedanta was selected as the preferred bidder by the KCM board and endorsed by GRZ. -
RPT Note 2020-21.Xlsx
RELATED PARTY a. List of related parties: Particulars (i) Holding Companies: Vedanta Limited (Immediate Holding Company) Vedanta Resources Limited (Intermediate Holding Company) Volcan Investments Limited (Ultimate Holding Company) (ii) Fellow Subsidiaries (with whom transactions have taken place): Bharat Aluminium Company Limited Sterlite Power Transmission Limited Talwandi Sabo Power Limited Electrosteels Steel Limited Konkola Copper Mines Plc. Fujairah Gold FZC Black Mountain Mining (Pty) Limited Vizag General Cargo Berth Private Limited Ferro Alloys Corporation Limited (iii) Related Party having a Significant Influence Government of India - President of India (iv) Other related party Vedanta Foundation Madanpur South Coal Company Limited (jointly controlled entity) Minova Runaya Private Limited Hindustan Zinc Limited Employee’s Contributory Provident Fund Trust Hindustan Zinc Limited Employee’s Group Gratuity Trust Hindustan Zinc Limited Superannuation Trust b. Transactions with Key management Personnel: Compensation of key management personnel of the Company recognised as expense during the reporting period (₹ in Crore) For the year ended For the year ended Nature of transactions March 31, 2021 March 31, 2020 Short-term employee benefits (1) 7 9 Sitting fee and commission to directors 1 1 Total compensation paid to key management personnel 8 10 (1) Excludes gratuity and compensated absences as these are recorded in the books of accounts on the basis of actuarial valuation for the Company as a whole and hence individual amount cannot be determined. c. Transactions with Government having significant influence: Central government of India holds 29.54% shares in HZL. During the year, Company has availed incentives in the form of export incentive under Export promotion and credit guarantee scheme announced by the Government of India. -
US Embassy Lusaka American Citizen Services
U.S. Embassy Lusaka American Citizen Services Funeral and Repatriation Options In Zambia (updated Feb. 28, 2020) The death of an American citizen abroad can be a difficult and traumatic event. This brochure provides an insight to the funeral and repatriation services available in Zambia. Zambia is a Christian nation that is tolerant of all other religions. Most morgues follow Christian rites and practices with their burial preparations. In situations where one’s religion is not established at the time of death, Christian rituals would be performed for the deceased by a chaplain assigned by the morgue. Therefore, it is important for the morgue to know the religious affiliation of the deceased, or personal requests from the next of kin, at the time of admission. Maximum Period of Storage Before Burial Zambian law does not specify a period in which burial of remains must take place, regardless of embalmment. Zambia is a semi-tropical country, and it is customary that burials take place soon after death. The normally acceptable time period is three days, after which additional storage charges may accrue. Embalming Embalming facilities exist at Ambassador St. Ann Funeral Home and FSG Ltd. (Ideal Funeral Home). The standards are acceptable but vary depending on the condition of the body at the time of preparation. Facilities for holding embalmed remains are available. Caskets and Containers Caskets and containers are available locally and meet international shipping requirements. The remains are placed in a hermetically sealed zinc casket, which is then placed in a wooden crate prior to air shipment. Cremation Following cremation, the remains are placed in an urn which is enclosed in a container for return to the United States as air cargo. -
Processing of Konkola Copper Concentrates and Chingola Refractory Ore
Processing of Konkola copper concen- trates and Chingola refractory ore in a fully integrated hydrometallurgical pilot plant circuit by R.M. Whyte*, N. Schoeman†, and K.G. Bowes‡ terized by the size and quality of its copper and cobalt deposits. The Nampundwe mine Synopsis situated south-west of Lusaka is of strategic importance to the metallurgical operations on The Konkola Deep Mining Project (KDMP) seeks to exploit the deep the copperbelt, supplying a high sulphur pyrite level potential of the Konkola Deeps orebody, producing high grade concentrate to the cobalt roast-leach- copper concentrates for treatment at the Nkana Smelter and electrowinning (RLE) plants, and to the copper Refinery. smelters to make up for a sulphur deficit in the As an alternative to smelting, Konkola Copper Mines (KCM) has smelter feed. examined a processing route involving pressure leaching of the The Konkola mine commenced production Konkola concentrates at Nchanga, with the leach liquor being in 1957. The mine is one of the wettest in the treated by solvent extraction and electrowinning to produce high world, with a total of 300 000 cubic metres of purity copper cathode. The solvent extraction circuit would be operated to achieve a high ‘delta’ copper, thereby providing a water being pumped daily from the strong acid raffinate which can be used in the existing Tailings underground mine. Current mine production Leach Plant (TLP) to treat Nchanga oxide copper materials. from Konkola’s Kililabombwe orebody The main focus of the hydrometallurgical option is to capitalize amounts to approximately 2 million ton per upon the synergy that exists between the treatment of sulphide year, and this ore is treated through a conven- copper concentrates (acid producing) and oxide copper ores (acid tional crushing, milling and flotation plant. -
Fundamentals and Estimations of Vedanta Buyout of Cairn India
Munich Personal RePEc Archive International Diversification through Acquisition: Fundamentals and Estimations of Vedanta buyout of Cairn India Reddy, Kotapati Srinivasa 2010 Online at https://mpra.ub.uni-muenchen.de/74304/ MPRA Paper No. 74304, posted 06 Oct 2016 17:43 UTC Page 1 of 43 International Diversification through Acquisition: Fundamentals and Estimations of Vedanta buyout of Cairn India Kotapati Srinivasa Reddy First draft July – October 2010 Under the kind guidance of V.K. Nangia Professor& Head, Department of Management Studies Rajat Agrawal Assistant Professor, Department of Management Studies Indian Institute of Technology (IIT) Roorkee, Roorkee - 247667 Uttarakhand. (India). Page 2 of 43 International Diversification through Acquisition: Fundamentals and Estimations of Vedanta buyout of Cairn India Abstract Corporate valuations, financial strength in cash flows and opening up of debt facility favour more overseas acquisitions. Historically, corporate restructuring is a strategic, mechanized and chemical formula for achieving external growth to become a globalized diverse company. The phenomenon of ‘diversification’ is not new, where it was born in the timeline of the Kings. Markets are becoming highly connective, accessible, communicative and are reaching maturity at a very high phase. Acquisition is a choice to enhance the emerging and diversified markets. This case- based research study presents a case discussion, case analysis and opinion based inference on Vedanta – Cairn India cross-border acquisition deal in Indian oil and exploration industry. We also suggest a new forecasting model to estimate future free cash flows and firm valuation in the upcoming research field of corporate finance. The study exclusively shows reaction of stocks against acquisition announcement and compares with market performance. -
Republic of Zambia Report of the Committee on Delegated Legislation For
REPUBLIC OF ZAMBIA REPORT OF THE COMMITTEE ON DELEGATED LEGISLATION FOR THE FIRST SESSION OF THE TWELFTH NATIONAL ASSEMBLY APPOINTED ON WEDNESDAY, 5TH OCTOBER, 2016 Printed by the National Assembly of Zambia REPORT OF THE COMMITTEE ON DELEGATED LEGISLATION FOR THE FIRST SESSION OF THE TWELFTH NATIONAL ASSEMBLY APPOINTED ON WEDNESDAY, 5TH OCTOBER, 2016 TABLE OF CONTENTS No. Paragraph Page 1. Composition of the Committee 1 2. Functions of the Committee 1 3. Meetings of the Committee 2 PART I – CONSIDERATION OF STATUTORY INSTRUMENTS Electoral Commission of Zambia 4. Statutory Instrument No. 33 of 2016 - The Electoral (Electoral Timetable ) 2 Order, 2016 5. Statutory Instrument No. 34 of 2016 – The Local Government Elections 3 (Elections Dates and Times of Poll) Order, 2016 6. Statutory Instrument No. 60 of 2016 – The Local Government Elections 3 Tribunals Rules of 2016 7. Statutory Instrument No. 62 of 2016 – The Electoral Process (Code of 3 Conduct) (Enforcement) Regulations, 2016 8. Statutory Instrument No. 63 of 2016 – The Electoral Process ( General) 3 Regulations, 2016 9. Statutory Instrument No. 64 of 2016 – The Referendum Regulations 2016 3 10. Statutory Instrument No. 18 of 2017 – The Local Government By-Election 4 (Election Dates and Times of Poll) Order, 2017 Ministry of Health 11. Statutory Instrument No. 10 of 2016 – The Medicines and Allied 4 Substances (Agro-Veterinary Shops) Regulations, 2016 12. Statutory Instrument No. 11 of 2016 - The Medicines and Allied 4 Substances (Dispensing Certificates) Regulation, 2016 13. Statutory Instrument No. 12 of 2016 - The Medicines and Allied 4 Substances (Health Shops) Regulations, 2016 14. Statutory Instrument No.