International backing grows for 100-Year Debt Campaign over Anglo–Teck merger
The 100-Year Debt Campaign’s national petition to South Africa’s Parliament, calling for oversight of Anglo American’s proposed restructuring and its merger with Canada’s Teck Resources, has received formal international endorsement from several mining justice and accountability organisations.
MiningWatch Canada, London Mining Network and Action for Southern Africa have confirmed their support for the campaign. These organisations operate in jurisdictions linked to regulatory review, shareholder engagement and public-interest scrutiny of the proposed Anglo–Teck merger.
Their backing reflects rising international concern about due diligence, disclosure procedures and the governance implications of Anglo’s planned transition to a new jurisdiction.
The international organisations join a South African coalition that includes communities across the country, the Tlou Mogale Foundation, the General Industries Workers Union of South Africa, the Institute for Economic Justice, the Centre for Applied Legal Studies, the Legal Resources Centre, Lawyers for Human Rights, Just Share and Open Secrets.
Together these organisations form a domestic and international platform focused on several priorities. They aim to ensure the proposed merger aligns with South Africa’s public-interest, legal, environmental and economic sovereignty obligations.
They also seek to improve transparency and completeness of shareholder disclosures, while supporting Parliamentary oversight of the Public Investment Corporation (PIC) as Anglo’s largest South African shareholder.
The platform further aims to strengthen alignment with global governance frameworks such as the Organisation for Economic Cooperation and Development Guidelines for Multinational Enterprises. It also seeks to protect affected communities and ensure continuity of environmental and legacy responsibilities during corporate transitions.
According to the campaign, the addition of international partners strengthens its call for proper process, public-interest protection and accountable corporate conduct in all aspects of the Anglo–Teck transaction.
The 100-Year Debt Campaign, led by Mining Affected Communities United in Action (Macua) in partnership with labour unions, civil society organisations, youth and academia, announced the formal submission of the national petition to the South African Parliament at the JSE on November 26.
The petition calls for a multi-party Parliamentary inquiry into Anglo’s proposed relocation to Canada, its transaction with Teck and the conduct of the PIC.
The petition also seeks a Parliamentary inquiry into issues related to Anglo American’s disinvestment, capital flight and environmental liabilities, legislative reform to entrench free prior and informed consent and enforce corporate accountability, binding reparations and ecological-debt mechanisms for communities affected by mining, and greater oversight of the PIC for what the campaign describes as its failure to protect South Africa’s public interest.
“Macua and Women Affected by Mining United in Action (Wamua) welcome participation by all sectors and proudly partners with a range of civil society, unions, environmental justice groups, legal advocates, economists, youth and academic experts under the banner of the 100-Year Debt Campaign.
“This a clarion call for restorative justice, transparency and a new social contract for South Africa’s mineral wealth,” Macua and Wamua advice office executive director Christopher Rutledge said.
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