Huge DR Congo gold mine to open, displacing 15,000 | |
BBC News - July 22, 2010 | |
Mining 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. passes landmark reforms on resource transparency | |
Global Witness - July 15, 2010 | |
Provisions 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. | |
Tullow Oil loses Congolese permit on Lake Albert | |
BBC News - June 24, 2010 | |
The Congolese government has given an oil permit claimed by Tullow Oil to a rival consortium. The oil ministry says the permit is invalid as president Kabila did not approve it. The government has given the permit to a rival consortium that includes South Africa's state oil company PetroSa. | |
Congo's Resources: Who Benefits? | |
VOA News - June 5, 2010 | |
Illicit 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. | |
Great Lakes states meet in Uganda over conflict minerals | |
Xinhua - May 23, 2010 | |
Senior government officials from the Great Lakes region on Sunday started a two-day meeting here that will discuss among others the illegal exploitation of natural resources that is fueling conflicts in the region. | |
Industry Representatives Discuss Conflict Minerals at the U.S. Department of State | |
U.S. Department of State - May 14, 2010 | |
Representatives from the consumer electronics, automotive, jewelry and manufacturing industries met today with U.S. officials at the Department of State. The group discussed steps that can be taken to ensure that their supply chains do not contain conflict minerals that have fueled the ongoing conflict in the eastern Democratic Republic of the Congo (DRC). | |
Uganda opens refinery for Congo gold | |
BBC News - May 5, 2010 | |
The first gold refinery in Uganda has opened in the capital, Kampala. The plant will refine gold from the Democratic Republic of Congo and other countries in the region, including Uganda which discovered gold last year. | |
DR Congo bans export of concentrated mineral products from Katanga | |
Xinhua - April 12, 2010 | |
The government of the Democratic Republic of Congo (DR Congo) has banned exportation of concentrated mineral products from Katanga province, forcing the mining operators to build metallurgic factories to produce raw copper. | |
Congo Could Have Most of Debt Forgiven by June | |
VOA News - March 24, 2010 | |
President Joseph Kabila's moves to reform the economy and better spending control have the Democratic Republic of Congo on the verge of an historic deal that could see nearly $11 billion of debt slashed to just more than $2 billion. | |
Ex-rebels take over mineral trade extortion racket | |
Global Witness - March 11, 2010 | |
Former rebels from the Congrès national pour la défense du peuple (CNDP) have established mafia-style extortion rackets covering some of the most lucrative tin and tantalum mining areas in the eastern Democratic Republic of Congo (DRC), Global Witness reported today following four weeks of research in the region. |