Posts tagged "DRC"

Congo Says Talks With BHP Billiton on Inga 3 Power Plant Are Very Advanced

The Democratic Republic of Congo’s government is in “very advanced” talks with BHP Billiton Ltd. on the Inga 3 hydropower project, as the world’s biggest mining company seeks electricity for a possible aluminum smelter.
Congo …
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ENRC to pay $670m to expand Brazilian iron ore presence

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 …
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DR Congo nationalises one of its largest copper mines

Canadian and UK companies go head-to-head over deal

The “spat” between two foreign mining outfits, over which  should control one of DR Congo’s most important copper lodes, has escalated – to the point that one …
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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 …
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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 …
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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 …
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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.…
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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 …
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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 …
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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 …
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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 …
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UK Parliamentary human rights committee issues report on UK businesses

In 2009, the UK Parliament’s Joint Committee on Human Rights conducted an inquiry on business and human rights.

London Mining Network and a number of its member groups and associates made submissions to this inquiry.…
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