So that was a long #AngloAmericanAGM
Plenty of fine words but very little in the ways of commitments, as ever ...
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#AngloAmericanAGM
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... and on Mogalakwena and demerger issues chair gives assurances that he will ensure the newly merged company "adheres to its responsibilities"
And with that the #AngloAmericanAGM closes - to move on to demerger meeting!
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At #AngloAmericanAGM some extra linked questions on further grievances around tailings dam issues in South Africa, with reply that everything complies with regulations & grievances will be pursued ...
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At #AngloAmericanAGM last question from Richard Solly re issues with consultations on relocations at Mapela, Limpopo re Anglo Platinum
Says it is ongoing but will not do relocation (of school) until all parties are agreed
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... says it is a fair question to ask about legacy & reputation/legal case.
Response is that "we are not responsible for situation in #Kabwe", therefore apparently we "do not have the moral responsibility" (despite extensive profits).
#AngloAmericanAGM #JusticeforKabwe
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At #AngloAmericanAGM a question around #Kabwe tries to drill down again to AASA having resources if the court case is lost & also stresses the moral or reputational case based on legacy.
Company repeats that AASA do not really have liability, but it is a "substantial company". On latter ...
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Finaly question at #AngloAmericanAGM by Jake Simms for MACUA in South Africa around host communities right to give consent, ie, #FPIC
The response is it will be up to the new company now, so no real commitments (at all)
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At #AngloAmericanAGM Jake Simms also raises issues of benefit sharing mechanism re green hydrogen development - and the response is essentially (over many words) yes ...
Question on grave relocations - said engaging with authorities and primarily next of kin. "We do take it very seriously".
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At #AngloAmericanAGM Jake Simms of @ldnminingnetwork.bsky.social asks questions for MACUA in South Africa re water at Mogalakwena Platinum Mine & legacy issues & the merger
Response of confidence in what comes post the merger - "added confidence" that Amplats new entity will ensure responsibilities
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#AngloAmericanAGM - Tricia Sibbons asks a question on #Kabwe court actions, asking a question about whether there will be a commitment to ensure obligations with the reorganisation
Response is that although there is an appeal they do not expect to lose ... so no.
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At #AngloAmericanAGM Diana Salazar asks a second question for El Melón communities in Chile re court cases on communal lands.
Response is will respect applicable court judgements, but says are aiming to negotiate agreements with the community
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Diana Salazar of @ldnminingnetwork.bsky.social raises issues at #AngloAmericanAGM over the Minas Rio project in Brazil re tailings dam risk & resettlement issues at Gondo
Chair says resettlement negotiations are still ongoing ("will take it back with us"), and not able to respond re tailings dam
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Continued reply from #AngloAmericanAGM on Chile.
Chair says if it can be proved that it is #AngloAmerican mine causing the problem with glaciers they will stop.
The clear problem is categorically proving that - and in doing so whether it will be too late
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Continued reply from #AngloAmericanAGM on Chile.
Denies #LosBronces affects glaciers, but however "will conduct the largest glacier study" - can then talk if anything more needs to be done (will it be too late then?), while Claudio notes research done.
Chair again denies issues around smelters
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At #AngloAmericanAGM Claudio Rojas raises a host of issues around mining from Chile, particularly around water, the envionment and communities calling it "ethical crisis".
Chair responds "of course we recognise the importance of water", talking more about 'increasing efficiency' of water use ...
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At #AngloAmericanAGM Bladimir Martinez follows up re Quellaveco raises issue of whether there are rare earths at the mine & re expansion/length, and supply chains.
Response is no plans re rare earths - reserves are for 34 years gradual expansion, and materials mostly processed outside Peru.
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... question on Quellaveco in Peru. Chair added they have human rights policy with protocols - and is concerned about 'differences of perspective' & use local processes to lodge processes.
Will provide infomation that has been done that is critical...
#AngloAmericanAGM
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At #AngloAmericanAGM question on behalf of Lucio Flores from Moquegua, Peru involving environmental issues at Anglo's Quellaveco mine.
Company does not recognise there are any problems at the mine - as regulators "crawl all over us regularly" & complies with national laws
#AguaParaLaVida
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... but not by Anglo obviously. ("Current industrial activity" is exacerbating the situation & others have caused this - accuses law firms involved of bad motives).
Plenty of sympathy but a denial of historical legacy involving #AngloAmerican
#AngloAmericanAGM #JusticeforKabwe
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At #AngloAmericanAGM Lydia from Kabwe, Zambia, raises the historic issues of lead poisoning involving Anglo & why the company is contesting class action over their court case
Again the company notes it has left, acknowledges it is a real issue & something needs to be done ...
#JusticeforKabwe
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#AngloAmericanAGM
Question from Adam Nagel stresses history of specific mis-deeds at De Beers & lack of any investigation - will they investigate independently?
Chair (once again) denies any wrong doing and passes on to legal counsel to respond with (once again) no resolution ...
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#AngloAmericanAGM
Question from Professor Schwöbel-Patel on extractivist expansion into Greenland, and Anglo's plans re exploration licences there
Response notes "will never do exploration without direct consent of indigenous peoples" re Anglo's FPIC policy - they "trump" any government 😄
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#AngloAmericanAGM now moves on to questions ..
Church of England Pensions Board kicks us off focussing on transparency around water scarcity and biodiversity strategies
General response from chair is will be reframing the company sustainability plan + climate transition plan + nature disclosures
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Duncan Wanblad at #AngloAmericanAGM notes the demerger of Anglo Platinum will be a focus of later today - even though they are very optimistic about its future. And are keeping a 19.9% interest because of that
Also noted will demerge from De Beers for it too to become a stand-alone business
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At #AngloAmericanAGM CEO Duncan Wanblad notes they are not at "journey's end" regarding safety, higlighting the death of 3 workers in 2 incidents in the platinum business
Mining is - even leaving aside communities - a deadly business
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#AngloAmericanAGM
Chair Stuart Chambers in his opening comments notes how the board is pleased with the progress on simplification and returns ...
the question is at what cost for communities, environment and workers
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And the #AngloAmericanAGM is off
🧵Will be posting to this thread during the meeting ....
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📣🪧From the demo outside the Anglo American AGM!
#AngloAmericanAGM #AngloAmericanOffOurLands #ResistAngloAmerican
@actsa-uk.bsky.social @terrajusta.bsky.social
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📣 Getting ready for the #AngloAmericanAGM itself now - we will be posting what is happening ...
📻 stay tuned!
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Protestor holding a sign: Anglo American Clean up your waste! Repair your damage! STOP stealing our futures!
Protestor holding the sign: While Anglo American gets the profits... Chile takes the damages. While shareholders celebrate profits... Chileans deal with polluted lands and water depletion. Photo: Ignacio Acosta
Protestor holding a sign: I'm calling for Justice for the Children of Kabwe. #JusticeForKabwe / Action for Southern Africa UK.
Community advocate from Kabwe, Zambia, speaking.
#AngloAmericanOffOurLands #ResistAngloAmerican #JusticeForKabwe #NoMasAngloAmerican #AngloAmericanAGM #AngloAmerican
@actsa-uk.bsky.social @terrajusta.bsky.social
Photos: Ignacio Acosta
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