Banks| Dodgy Deals| Campaigns
About us| Blog| Publications| Successes| Contact us| Donate
About BankTrack
Visit us
Organisation
Our team
Our board
Guiding principles
Team up with us
Join our Active Allies list
Our annual reports
Funding and finances
History
BankTrack in the media
Our privacy policy
Donate
2021-02-24 00:00:00
Protect the climate but finance Total?
2021-02-16 00:00:00
Oil and gas financiers are staring down the barrel at $1 trillion in losses: time to rein in support for new pipelines
2021-02-11 00:00:00
Beefing up risk: the exposure of JBS’ financiers to financial, regulatory and reputational risks
2021-01-25 00:00:00
Why should banks support EU mandatory human rights and environmental due diligence?
2020-09-24 12:53:20
Oscislowo open-pit coal mine cancelled
2020-09-08 13:07:41
Strengthened OECD guidance on responsible banking
2020-02-25 10:35:27
JPMorgan Chase Coal and Arctic Policy a step forward but fails to match its climate responsibility as the world’s #1 Fossil Bank
2020-02-18 17:27:23
Civil society groups welcome Royal Bank of Scotland preparing to exit fossil fuels
Connect
2021-02-01 00:00:00
Banking on Thin Ice
2020-11-30 00:00:00
Soft Commitments, Hard Lessons: an analysis of the Soft Commodities Compact
2020-11-24 00:00:00
"Trust Us, We're Equator Banks": Part II
2020-11-18 00:00:00
Crude Risk: Risks to banks and investors from the East African Crude Oil Pipeline
2020-09-16 00:00:00
Principles for Paris-Aligned Financial Institutions: Climate Impact, Fossil Fuels and Deforestation
2020-08-17 00:00:00
"Trust Us, We're Equator Banks": Part I
See all publications
Browse
Home
Banks
Dodgy Deals
Map
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook page
Twitter channel
Home › Companies
GCM ResourcesUnited Kingdom
About
Projects
Impacts
Documents
News
Links

On record

This profile is no longer actively maintained, with the information now possibly out of date

Send feedback on this profile
Download as PDF
By: BankTrack
Created before Nov 2016
Last update: 2016-10-31 17:17:32

Contact:

Kate Hoshour, 
International Accountability Project


Share this page:

Sectors Coal Mining
Headquarters
Ownership

GCM is quoted on the London Alternative Investment Market (AIM). It was admitted to AIM on 19 April 2004.

Subsidiaries
Website http://www.gcmplc.com/

About GCM Resources

GCM Resources is a resource exploration and development company. It is the lead company developing the Phulbari Coal Project in North-West Bangladesh. GCM is awaiting approval from the Government of Bangladesh to develop the Phulbari Project.

Impacts

Environmental and climate impacts

The  Phulbari Coal Project in North-West Bangladesh, a massive open-pit coal mine, will displace up to 220,000 people and threatens the Sundarbans, one of the world's largest remaining mangrove forests and a UNESCO World Heritage site.

GCM Resources is the subject of a complaint to the OECD filed by BankTrack members World Development Movement and International Accountability Project, regarding severe human rights violations associated with the planned coal mine.

Governance

Related projects

Projects

There are no projects active for GCM Resources now.
on record

Phulbari coal mine Bangladesh

Coal Mining

News

| |
Type:
Year:
blog
external news
our news

Bangladesh mine activists dump coal outside GCM meeting in London

2013-12-20 | The Guardian
blog
external news
our news

Protests at GCM Resources AGM over Bangladesh coal mine

2013-12-04 | Bangladesh
blog
external news
our news

GCM recasts strategy to win deal for exploiting Phulbari coal mine

2013-10-28 | The Financial Express
blog
external news
our news

UK government accepts complaint over GCM Resources’ Bangladesh coal mine

2013-06-14 | London | Miriam Ross
blog
external news
our news

Protests prevent British mining company GCM visiting mine site in Bangladesh – director resigns

2013-02-04 | World Development Movement
blog
external news
our news

Complaint filed against British coal miner GCM over Bangladesh mine

2012-12-20 | UK / Bangladesh
blog
external news
our news

Santa Claus delivers coal to GCM board inside AGM; two arrests following coal dumped on Institute of Directors front door

2012-12-20 | London mining network
blog
external news
our news

Bangladeshi activists in London unite in protest outside GCM's AGM

2011-12-15 | London, UK
blog
external news
our news

Phulbari Coal Project: Protest and shareholder activism in London

2011-12-15 | London | International Accountability Project
blog
external news
our news

GCM’s share price in decline after demonstration against its AGM in London

2010-12-07 | London | International Accountability Project

Documents

Type:
Year:
annual reports
2013-12-31 00:00:00

December 2013 Interim Report

2013-12-31 00:00:00
other documents
2013-06-17 00:00:00

Complaint From the International Accountability Project and The World Development Movement Against GCM Resources plc in Bangladesh

Initial Assessment By The UK National Contact Point For The OECD Guidelines For Multinational Enterprises
2013-06-17 00:00:00 | OECD
ngo documents
2012-12-01 00:00:00

Undermining development: forced eviction in Bangladesh

2012-12-01 00:00:00 | FM Review
ngo documents
2011-12-31 00:00:00

The Phulbari Coal Project

A Threat To People, Land, And Human Rights In Bangladesh
2011-12-31 00:00:00 | International Accounatbility Project
correspondence
2011-03-10 00:00:00

GCM response letter

2011-03-10 00:00:00 | Steve Bywater

Links

GCM Corporate Values and Principles page

http://www.gcmplc.com/corporate-responsibility

International Accountability Project

Breaking News & Campaign Highlights on the Phulbari Coal Mine, Bangladesh, from BankTrack partner IAP
http://accproject.live.radicaldesigns.org/article.php?id=742
Browse
Home
Banks
Dodgy Deals
Map
Campaigns
About
About BankTrack
Donate
Contact BankTrack
Publications
Victories
Follow Us
News
BankTrack blog
Facebook page
Twitter channel
Vismarkt 15
6511 VJ Nijmegen
The Netherlands

Tel: +31 24 324 9220
Contact@banktrack.org
©2016 BankTrack                Webdesign by BankTrack and EASYmind
BankTrack is a registered charity in the Netherlands (ANBI) - RSIN 813874658
Find our privacy policy here

Stay up to date

Sign up now for all BankTrack's news


Make a comment

Your comment will be reviewed, before being posted