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Join the Demo against GCM Resources Plc on 4th December at 11 am outside the AGM and raise your voice against open pit mine in Phulbari

    GCM, Hands off Phulbari
    Stop GCM’s Unethical Business
    Stop huge displacement
    Stop destroying our land, agriculture and water bodies
    Stop destroying our ecology and environment

Please join us the protest along with friends and resist notorious corporate GCM Plc in Pulbari.You are requested to gather at Marble Arch tube station by 10.20 am. We will walk together to protest venue Hamilton Place, London W1J 7BQ.
Hope to see you there.

For more information on impact please visit: http://www.srfood.org/en/bangladesh-open-pit-coal-mine-threatens-fundame...

What happened last year GCM's AGM in London: http://www.theguardian.com/business/2012/dec/20/bangladesh-mine-activist...






Why are we fighting against GCM Resources Pls?

GCM Resources plc, an AIM-listed UK-based multinational company, supported by major hedge funds and banks including UBS, Credit Suisse, LR Global, and Argos Greater Europe Fund, wants to implement a massive open-pit coal mine in Phulbari in the north-west of Bangladesh, displacing up to 130,000 people. If implemented, the project will destroy over 14,660 acres of fertile agricultural land that produce three food crops annually, threatening to increase hunger in a country in which nearly half of all people currently live below the nutrition poverty line. The project threatens to destroy the homes, lands, and water sources of as many as 220,000 people, and forcibly evict an estimated 130,000 people.The proposed deal will pay merely 6% of royalty to Bangladesh and 94% of revenue will be taken by GCM! Moreover they will enjoy 9 years of tax holiday to further increase their profit.

There had a serious battle against open pit mining in Phulbari. Three people were killed and over 200 injured on 26 August 2006 when paramilitary troops fired on a massive protest of some 80,000 demonstrators in Phulbari. The protesters were opposing proposed open pit coal mine in the north-west of Bangladesh that the Bangladesh subsidiary of GCM Resources plc, Asia Energy, intends to implement.

The situation in Phulbari was very tensed and volatile again on 22 Nov, 2012 when a 48 hour general strike halted trains, blockaded highways, and closed all shops, educational institutions etc. National press in Bangladesh reported that security forces including about 500 police, Rapid Action Battalion forces (denounced as "a death squad" by Human Rights Watch), and members of the Bangladeshi border guard had been deployed in Phulbari.

The project has generated grave concern at national and international levels including the United Nations and among human rights and environmental organisations worldwide. With their concerns about impending and grave human rights violations unaddressed, seven Special Rapporteurs of the United Nations issued a joint UN press release on 28 February, 2012, calling for an immediate halt to the project on the grounds that it threatens the fundamental human rights of hundreds of thousands of people, including entire villages of indigenous people, and poses "an immediate threat to safety and standards of living."

GCM Resources plc as an AIM-listed company unethically collecting money from share market without having approval of its project from the Government of Bangladesh and now aggressively moving on to granting of the scheme. In February 2013 GCM had an advisory agreement with Mettiz Capital, a Malaysian lobbyist and investment group to pursue approval of the project and has been awarded 2,500,000 options with an exercise price 40p per share. The options will vest upon the Government of Bangladesh granting approval of the Scheme of Development for the Phulbari Coal Project but will terminate if the condition has not been satisfied within 12 months of award.

GCM is facing a serious blow as Organisation for Economic Co-operation and Development (OECCD) agreed to consider complaints regarding severe human right violation associated with the company’s planned coal mine in Bangladesh. The complaint made by International Accountability Project and the World Development Movement claims that the mine planned by the AIM –listed company GCM Plc would breach OECD guidelines for Multination Enterprise. OECD is examining the compltns made the activists.

GCM has been trying to engage with high level of the Bangladesh government through bribery and corruption. They have also been striving to infiltrate in the local community in disguise of philanthropy and impact study, spreading false data and information and adopting manipulative strategy for having approval of the project. But strong people's resistance will in vain their evil strategy.

The Committee to Protect Oil-Gas in Bangladesh in the UK, in conjunction with the Phulbari Solidarity Group, London Mining Network and World Development Movement are holding a
demo on 04th of December 2013 outside the Annual General meeting of GCM at 11 am.

Come join us the protest - Stand with the people of Phulbari – Raise your voice to stop GCM’s unethical business - GCM hands off Phulbari.

For further information please contact the UK branch of National Committee: nationalcommittee.uk@googlemail.com . For details please visit: http://protectbdresources.org.uk

Committee to Protect Oil-Gas- Mineral Resources, Port and Power in Bangladesh, The UK Branch