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News | Conflict Minerals


Huge DR Congo gold mine to open, displacing 15,000

BBC News - July 22, 2010

Rangold Resources Kibali ProjectMining firm Randgold Resources says it is to begin mining Africa's largest undeveloped gold deposit - in eastern DR Congo. The mine will require the re-location of 15,000 people, but Randgold says the project has the support of the government and the local community.
U.S. Financial Bill Will Require Disclosure on Conflict Minerals - Hillary Clinton

U.S. Secretary of State Hillary Clinton - July 22, 2010

Joseph Kabila with Hillary Clinton in Goma - CongoPresident Obama has now signed into law a measure that will require corporations to publicly disclose what they are doing to ensure that their products don't contain these minerals. The DRC has formally expressed its support for this law and has thanked both the executive and legislative branches of our government. This is one of several steps we are taking to stop this illicit and deadly trade.
U.S. passes landmark reforms on resource transparency

Global Witness - July 15, 2010

ColtanProvisions in the Financial Reform Act will require oil, gas and mining companies registered with the Securities and Exchange Commission to publicly disclose their tax and revenue payments to governments around the world. The Act will also require companies whose products contain cassiterite (tin ore), coltan, wolframite and gold to disclose to the SEC whether they are sourcing these minerals from the Democratic Republic of Congo or adjoining countries.
Congo's Resources: Who Benefits?

VOA News - June 5, 2010

Gecamines - KatangaIllicit exploitation of the DRC's mineral wealth "has financed armed groups that target civilians and perpetuate widespread human rights abuses in the eastern part of the country," said the United States Under Secretary for Economic, Energy and Agricultural Affairs Robert Hormats.







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