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U.S. SEC requires company disclosures on use of DR Congo minerals

Xinhua - August 23, 2012

Big business... But little of the hundreds of millions of dollars generated annually by DRC's mineral sector ends up in stateThe U.S. Securities and Exchange Commission has approved a rule that would require public companies to disclose information on the use of minerals from DR Congo. Public companies will have to disclose annually their tracing of the minerals back to the sources if they use in their products the designated minerals from the DRC and neighboring countries.
U.S. and U.K. Must Tell Rwanda to Stop Supporting Rebels in DR Congo, Global Witness Says

Global Witness - June 29, 2012

Rwanda's President Paul KagameRwanda’s two main donors, the United Kingdom and United States, must use their influence to end Kigali’s support of armed groups operating in the Democratic Republic of Congo. They cannot stand by and watch a regime they bankroll orchestrating a new war in Congo, Global Witness says.
Rwanda gives DR Congo back tonnes of smuggled minerals

BBC News - November 3, 2011

Big business... But little of the hundreds of millions of dollars generated annually by DRC's mineral sector ends up in stateAbout 82 tonnes of smuggled minerals seized by Rwandan police has been handed back to the Democratic Republic of Congo in a sign of improved relations between the two neighbours. The minerals include cassiterite, or tin ore, as well as coltan, used in devices such as mobile phones.
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.
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 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.
Foreign 'gold smugglers' arrested in eastern Congo

BBC News - February 7, 2011

Congo goldEight foreigners - from the US, France and Nigeria - have been arrested on allegations of gold smuggling in eastern Democratic Republic of Congo, officials say. "Millions of dollars" and 436kg of gold were seized, the local governor said.
Great Lakes Regional Summit to Focus on Congo Resource Exploitation

VOA News - December 15, 2010

ColtanEleven heads of state and government are to meet Wednesday in the Zambian capital, Lusaka, at a Great Lakes regional summit to look at the problem of illegal exploitation of natural resources in eastern Congo and the negative consequences this has had for the region.
Companies Struggle in Conflict Mineral Index

VOA News - December 14, 2010

Coltan in cellphonesA new U.S. report ranking companies on their efforts to stop the use of so-called conflict minerals from eastern Congo in electronic devices shows lots of improvement is needed. The U.S.-based Enough Project is ranking industry leaders in consumer electronics products that use tin, tantalum, tungsten and gold in their components. The U.S.-based Enough Project is ranking industry leaders in consumer electronics products that use tin, tantalum, tungsten and gold in their components.
Rusesabagina Welcomes Congo Report, Warns of Another Genocide in Rwanda

VOA News - October 6, 2010

Paul RusesabaginaPaul Rusesabagina, who is the subject of the 2004 film Hotel Rwanda, says the long history of conflict in the Congo is due in large part to conflict minerals. A Hutu who sheltered more than 1,200 Tutsi during the genocide, Paul Rusesabagina, says the report revealed unspoken truths about the region's history. He says the simmering ethnic tensions that triggered the 1994 genocide have returned to present day Rwanda, and warns the country is heading down the same path.



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