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DR Congo growth above 7 percent in 2010 - IMF

International Monetary Fund - September 3, 2011

IMF - Congo"Macroeconomic performance was strong in 2010. Real gross domestic product (GDP) growth was above 7 percent, inflation fell to below 10 percent for the first time in several years, and the external position improved," says the International Monetary Fund.
Case of UN Employee Caught Smuggling Minerals Not Unique

Congo News Agency - August 25, 2011

Madnodje MounoubaiA judge in North Kivu province sentenced a UN driver and his accomplice on Wednesday to three years in prison and a US$ 25,000 fine for trying to smuggle minerals to Rwanda. There have been other cases of UN peacekeepers involved in gold smuggling and even accused of providing weapons to rebels in eastern Congo.
UN Employee Arrested for Trying to Smuggle Tin Ore

provincenordkivu.org - August 22, 2011

United Nations DR Congo mission vehicle caught in smuggling attempt in North KivuA United Nations employee was arrested in North Kivu province Sunday night while attempting to smuggle over one ton of tin ore to neighboring Rwanda, Congolese officials said on Monday.
Controversy over "conflict minerals" law

IRIN - August 2, 2011

Big business... But little of the hundreds of millions of dollars generated annually by DRC's mineral sector ends up in stateMajor industries are seeking to alter the proposed US reporting rules on “conflict minerals” mined in the Democratic Republic of Congo. In a bid to stem the flow of money from minerals mined in eastern Congo, widely seen as fuelling the ongoing conflicts, the US government included a clause in the financial reform legislation of July 2010, the Dodd-Frank Wall Street Reform and Consumer Protection Act.
Global Witness welcomes DR Congo's decision to publish resource contracts

Global Witness - June 3, 2011

Gecamines - KatangaA decree published this week by the Democratic Republic of Congo commits the government to disclose all natural resource contracts within 60 days of their coming into effect. The decision is a welcome move which could help reduce corruption in the country if fully implemented, Global Witness said today.
Opportunity for change in eastern Congo's mines must be seized

Global Witness - May 18, 2011

Sacks of tin ore being loaded onto a plane near Bisie, for transportation to Goma.Shifts in the control of eastern Congo's mines have created opportunities to begin breaking the links between the mineral trade and the conflict that has plagued civilians for over a decade, says a new report from Global Witness today.
Gold smugglers charged in Kenyan court

BBC News - May 12, 2011

Joseph Kabila and Mwai Kibaki at Harambee House in Nairobi, KenyaThree suspected gold smugglers from the Democratic Republic of Congo have been charged with fraud in a Kenyan court. Their names appear on a list of DR Congo's 15 most-wanted gold smugglers, accused of stealing 2.5 tonnes of gold between July 2010 and February 2011.
New Law Aims to Halt Sale of Conflict Minerals

Heather Murdock | VOA News - April 18, 2011

A gold miner scoops mud while digging an open pit at the Chudja mine in the Kilomoto concession near the village of Kobu, 100 km (62 miles) from Bunia in north-eastern Congo,In the Congolese countryside, there is said to be $24 trillion worth of precious minerals like tantalum, tungsten, gold and tin. They are used to make everything from light bulbs to airplanes, and have long funded the conflict in the country’s tumultuous eastern provinces.
New rules for miners

IRIN - March 17, 2011

Big business... But little of the hundreds of millions of dollars generated annually by DRC's mineral sector ends up in stateVarious stakeholders in the Democratic Republic of Congo’s mining sector have signed a code of conduct designed to reduce fraud and increase transparency in an industry that has played a key role in the armed violence that has ravaged the east of the country for years, but there is still concern about illegal mining and the military’s role.
Plight of the Congo Is Focus of U.S. Congress Hearing

chrissmith.house.gov - March 8, 2011

Actor Ben Affleck testifies about violence in eastern Congo at U.S. Congress hearing led by Rep. Chris SmithThe tragedy and hopes for peace in the Congo was the focus of a hearing held today by U.S. Rep. Chris Smith (NJ-04), Chairman of the House Africa, Global Health and Human Rights Subcommittee. Actor Ben Affleck testified about the work of the Eastern Congo Initiative, including his travel to the DRC.







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