Today, Global Witness announced that it welcomes the Democratic Republic of Congo’s (DRC) move to enforce a national law that requires companies to ensure that they are not buying conflict minerals. According to Global Witness, the Congolese government has suspended two mineral traders, TTT Mining (exporting as CMM) and Huaying Trading Company, based in eastern DRC’s North Kivu province, for violating the Congolese national law requiring all mining and mineral trading companies operating in Congo to exercise supply chain due diligence, in line with international standards set by the Organisation for Economic Cooperation and Development (OECD). These standards are meant to ensure that purchase of minerals such as tin, tungsten, tantalum and gold used in the manufacture of electronics products are not supporting warring parties in eastern DRC. “The Congolese government’s decision to suspend minerals traders for failing to do due diligence sends a strong message to other companies exporting minerals from eastern DRC that they must source responsibly, or face sanctions,” said Sophia Pickles from Global Witness. Read More >>
Global Witness Welcomes Move by DRC to Curb Conflict Mineral Trade
21 Monday May 2012
Posted in Associated Press