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Global Witness uncovers foreign companies' links to Congo violence

Global Witness - July 21, 2009

Global WitnessEuropean and Asian companies, including Bangkok-based THAISARCO (a subsidiary of British metals group AMC), UK-based Afrimex, and Belgium-based Trademet have been buying minerals from the Democratic Republic of Congo (DRC) that are funding armed groups and fuelling conflict, said Global Witness in a report published today.
Mineral firms 'fuel Congo unrest'

BBC News - July 21, 2009

ColtanWestern mineral firms are fuelling violence in the Democratic Republic of Congo by failing to check where their raw materials come from, activists say. Global Witness says companies sourcing minerals used in electronic gadgets are buying them from traders who finance rebel and government troops.
China vows closer bonds with DR Congo

Xinhua - July 15, 2009

Wu Bangguo and Evariste BoshabChina and the Democratic Republic of Congo (DR Congo) agreed on Wednesday to strengthen bonds between parliaments and ruling parties. The agreement was reached in a meeting between China's top legislator Wu Bangguo and Evariste Boshab, speaker of the DR Congo's National Assembly and secretary general of the People's Party for Reconstruction and Democracy (PPRD), the country's ruling party.
Chinese Mineral Deal Blocking Congo's IMF Debt Relief

VOA News - May 26, 2009

Joseph Kabila and Hu JintaoCongo's $9,000,000,000 mineral deal with China is holding up agreement with the International Monetary Fund on reducing its external debt. President Joseph Kabila's government wants the IMF to forgive much of its external debt. But the IMF says Congo's massive mineral deal with China could make that debt worse. So it is waiting for the results of a feasibility study next month before deciding on Congo debt relief.
Banning DRC conflict minerals would be mistake, says new report

VOA News - April 7, 2009

Blood diamonds - AfricaA new report says it would be a mistake to ban the mining of so-called conflict minerals in the eastern DRC. The report contradicts what many humanitarian agencies have been calling for. It says the mining provides a livelihood for many poor people. The study was conducted by Resource Consulting Services of London and funded by the British Department for International Development, the London School of Economics and others.
The Congolese government establishes a panel to review mining contracts

MONUC - March 28, 2008

Martin KabweluluDuring a press conference held on 24 March 2008 in his office, Mining Minister Martin Kabwelulu announced the establishment of a panel to review mining contracts, following the publication of the final report of the Review Commission set up by the Technical Cell for Mining Planning and Coordination (CTPCM). Among others, the tasks of the panel will be to readjust the share of the State in the different partnerships, said the Minister.







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