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    market news

    Rwanda Begins Tagging Minerals

    Investing News Network
    Jan. 28, 2011 11:33AM PST
    Industrial Metals Investing

    ITRI.com reports that Rwanda has begun tagging minerals in an effort to thwart the trade of conflict minerals

    ITRI.com reports that Rwanda has begun tagging minerals in an effort to thwart the trade of conflict minerals.

    The story is quoted as saying:

    Rwanda’s New Times newspaper reported that the country’s Geology and Mines Authority (OGMR), has set up a mineral tagging and sealing scheme, internationally recognized as the iTSCi project, which aims to curb illegal trading of “conflict minerals” – tin, tantalum and tantalite. The Director General of OGMR, Dr. Michael Biryabarema, said that the tagging project will ensure that minerals from Rwanda are verified and traceable right from their source to smelters. “Conflict minerals from Congo are also mined in Rwanda; they therefore need a clear passage throughout the world; the iTSCi project will ensure that they are tagged and traceable to make sure that they are not coming from conflict areas of Congo,” Biryabarema said

    To access the full story, click here.

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