The Conversation (0)
Unrest Slows Plan to Cease Conflict-Minerals Trade
Jul. 18, 2012 01:35PM PST
Industrial Metals InvestingReuters reported continued unrest in the Democratic Republic of Congo is slowing plans to stop the trade of conflict minerals including tin.
Reuters reported continued unrest in the Democratic Republic of Congo is slowing plans to stop the trade of conflict minerals including tin.
As quoted in the market news:
Exports of tin and gold from North Kivu – mostly from artisanal miners or informal operations that are targeted by the tagging schemes – have dropped sharply as a result of campaigns and rules which require firms to control sourcing.
Without certification, campaigners and local groups say they cannot meet due diligence requirements and the North Kivu region cannot revive industrial-scale mining.