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    market news

    Congo Releases New Plan to Cease Conflict Mineral Trade

    Investing News Network
    Feb. 29, 2012 03:48PM PST
    Industrial Metals

    Reuters reported the Democratic Republic of Congo is implementing a new plan to control the trade of tin ore and other conflict minerals.

    Reuters reported the Democratic Republic of Congo is implementing a new plan to control the trade of tin ore and other conflict minerals.

    As quoted in the market news:

    Democratic Republic of Congo’s government said it will block exports of tin ore, gold, coltan and wolframite unless traders can prove the minerals come from mines that are certified by the state as conflict-free.

    The move, the latest in a series of initiatives to try and cut the link between minerals and conflict, will be rolled out over the next three months, Mines Minister Martin Kabwelulu said on Tuesday.

    Click here to read the full Reuters report.

    market newstin oreconflict minerals
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