London-listed Eurasian Natural Resources Corporation Plc has been on a takeover spree over the past year, using its cash pile to buy assets mostly in Africa to build up a broad-based mining house focused on …
Read more
ENRC to pay $670m to expand Brazilian iron ore presence
Hello, I’m a Mac, and I’m a PC – Here’s how I help fuel the world’s deadliest conflict
Hello, I’m a Mac, and I’m helping fuel the war in the Congo — currently the deadliest conflict in the world. So are PCs, cell phones, digital cameras and other consumer electronics. That’s what Apple’s …
Read more
Huge DR Congo gold mine to open, displacing 15,000
London-listed 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 …
Read more
Global Witness takes UK government to court for failing to list UK companies trading Congo conflict minerals for UN sanctions
The British government is acting unlawfully in refusing to put forward eligible UK companies and individuals trading in Congolese ‘conflict minerals’ for targeted UN sanctions, said campaign group Global Witness in an application to the …
Read more
UN Security Council must act to stop mineral trade fuelling Congo war
Delegates from the UN Security Council visiting the Democratic Republic of Congo must act decisively to prevent natural resources fuelling conflict, said campaign group Global Witness.
See http://www.globalwitness.org/media_library_detail.php/968/en/un_security_council_must_act_to_stop_mineral_trade_fuelling_congo_war.…
Read more
CAFOD calls on mining giant AngloGold Ashanti to share its contract with local community
CAFOD welcomes the news that the review of mining company AngloGold Ashanti’s contract in the Democratic Republic of the Congo (DRC) has been concluded after almost three years of negotiations.
The Catholic agency stresses the …
Read more
Robbing Africans
An African faith coalition publishes a detailed examination of the ways in which citizens are defrauded of mining profits. The document refers particularly to AngloGold Ashanti, which has a subsidiary listing on the London …
Read more
Metals in mobile phones financing brutal war in Congo
Metals found in everyday electronics items, such as mobile phones and computers, are being mined illegally in the eastern Democratic Republic of Congo (DRC) and funding a conflict that has caused millions of deaths, said …
Read more
Golden Opportunity or False Hope?
AngloGold Ashanti’s proposed gold mine in the Democratic Republic of Congo
New report from CAFOD and South Africa’s Benchmarks Foundation
AngloGold Ashanti is a South African company with a secondary listing on the London Stock …
Read more
Guinea regime says it will audit global miners
Recently, the government of DR Congo announced results of an audit of mining contracts signed with the former military regime, mostly by foreign companies. Arguably, it took the return of a fragile democracy (though certainly …
Read more