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Article

5 Jul 2006

Author:
Emad Mekay, IPS

Minerals Flow Abroad, Misery Remains [D.R. Congo]

International companies and local elites in the Democratic Republic of Congo (DRC) are pocketing revenues from copper and cobalt production instead of sharing it with local communities or spending it to reduce poverty, a watchdog group charged...A new report by...Global Witness says that despite being one of the richest copper- and cobalt-producing areas in the world, the province of Katanga in southeastern DRC remains severely poor and the population has little or no infrastructure or public services...The report called on private companies to help reform the sector and declare all mineral exports, pay the appropriate taxes and ensure that the working conditions of the estimated 150,000 miners who supply them meet minimum health and safety standards -- or refuse to buy products originating from those mines. [also refers to First Quantum Minerals Ltd, Rand Merchant Bank, Adastra (part of First Quantum), Gécamines, Kinross-Forrest (originally joint venture of George Forrest International, Kinross Gold Corporation, Tain Holdings; now part of Katanga Mining)]