Congo, Democratic Republic - Mining and Minerals | export.gov
Jul 20, 2017 ... Congo, Democratic Republic - Mining and MineralsCongo (DR) - Mining and Minerals ... The DRC is the largest producer of cobalt globally, accounting for 51 percent of global production in 2015 according to the US Geological Survey (USGS) Mineral ... Regulatory Authority for Public Procurement (ARMP)Read More
DRC | Conflict Minerals Law
Today, April 3, 2017, the European Council took the last procedural step and approved the EU conflict minerals regulation. Publication in the Official Journal of the European Union will be the next and final step of the process. The publication could occur in 3 to 6 weeks. Here is the text of the official EU Conflict Minerals …Read More
Conflict minerals - Wikipedia
SEC estimated that 1,199 "issuers" (i.e., companies subject to filing other SEC reports) will be required to submit full conflict mineral reports. This estimate was developed by finding the amount of tantalum produced by the DRC in comparison to global production (15% – 20%).Read More
Final Rule: Conflict Minerals - SEC.gov
Aug 22, 2012 ... ... to be manufactured that are not. “DRC conflict free,” the facilities used to process the conflict minerals, the country of ... b. Comments on the Proposed Rules c. Final Rule i. Auditing Standards ii. Auditor Independence iii. Audit Objective. 4. Recycled and Scrap Minerals a. Proposed Rules b. Comments on...Read More
Democratic Republic of Congo - KPMG
25%. Global diamond reserves in DRC, and largest in Africa. 80%. Percentage mineral processing plants in. Katanga Province owned by Chinese companies. 3%. Global copper ..... In the area of environmental regulations applicable to the mining industry, there is the Mining Code and the. Mining Regulation which provide...Read More
Due Diligence Guidelines | United Nations Security Council ...
... the Group of Experts on the Democratic Republic of the Congo (DRC) to produce recommendations "for guidelines for the exercise of due diligence" by the importers, processing industries and consumers of mineral products regarding the purchase, sourcing, acquisition and processing of mineral products from the DRC,...Read More
Conflict Minerals Regulation explained - Trade - European ...
Dec 13, 2017 ... The regulation aims to stem trade in minerals which finance armed conflict or are mined using forced labour. ... The regulation will only apply directly to EU-based importers of tin, tantalum, tungsten and gold, whether these are in the form of mineral ores, concentrates or processed metals. Indirectly, the...Read More
Conflict minerals - GOV.UK
Jun 19, 2013 ... An artisanal miner is a subsistence miner, not officially employed by a mining company, but working independently, mining or panning for gold using their own resources. 80-90% of mineral production in the DRC is being undertaken by between 1 and 2 million artisanal miners in the DRC who, in turn,...Read More
The Democratic Republic of Congo's (DRC) currents unstable ...
The DRC has also agreed to follow the Kimberley Process in hopes of preventing the export of illegal diamonds. However, these efforts are not enough to stop the ... Soon afterwards, private companies were formed to exploit the natural mineral wealth of the Congo. Along with the exploitation of the land, the people were...Read More
Official Document Of the Democratic Republic of Congo
Jul 11, 2002 ... Of the Democratic Republic of Congo. LAW No. 007/2002 of .... Mining Regulations: Set of measures implementing the provisions of the present Code, enacted by. Decree of the ... The prospecting, exploration, exploitation, processing, transportation and sale of mineral substances are governed by the...Read More
Conflic-Minerals Disclosure Provisions of the Dodd-Frank ... - USITC
NEW U.S. INDUSTRY REQUIREMENTS BUT UNCERTAIN U.S. TRADE IMPACTS. Karl Tsuji, Office ... Congo (DRC), have sought control of the extraction and trade of certain minerals over the past decade as ready sources ... domestic consumption (sum of net import reliance + mine production + scrap recovery). b Quantity...Read More
Conflict Minerals and the Democratic Republic of Congo - BSR
May 12, 2010 ... At present, cassiterite ore (which is refined to produce tin) is the leading mineral in terms of dollar value contributing to armed groups in the DRC. The country is the world's sixth leading producer of tin, although estimates of total production vary. The Enough Project calculates that the eastern DRC produces...Read More
Australia needs to act on conflict minerals - The Conversation
Sep 20, 2012 ... Last month, the US Securities and Exchange Commission (SEC), responsible for regulating capital markets, ruled in favour of laws prohibiting the use of ... of workers and trade of resources from the war-torn Democratic Republic of Congo, the SEC conflict minerals ruling aims to hold US firms accountable.Read More
European draft Regulation on responsible mineral sourcing - Jesuit ...
Oct 10, 2014 ... 6. support a formalisation process of the artisanal mining sector in DRC that recognises the importance of the artisanal sector for the Congolese people ... The Commission's draft Regulation introduces a system allowing businesses importing 3Ts-minerals, their ores, and gold to the EU to choose whether or...Read More
How Dodd-Frank Is Failing Congo – Foreign Policy
Feb 2, 2015 ... For several years now, in conversations about conflict and crisis in the Democratic Republic of Congo, this has been a common refrain. ... and gold from Congo, and whether those minerals are connected to sites of conflict, which is determined through an expensive certification process on a mine-by-mine...Read More
Conflict Minerals Regulation - Ingersoll Rand
Publicly traded companies are now required by the SEC to disclose annually whether conflict minerals necessary to the functionality or production of products they manufacture or contract to manufacture are “DRC conflict free.” According to the SEC's final rule, this means that any conflict minerals used in manufactured...Read More
Democratic Republic of Congo | Extractive Industries Transparency ...
038/2003 of 26 March 2003 on Mining Regulations. ... DRC is the world's largest producer of cobalt, which is used in the production of batteries for cell phones and other consumer electronics. ..... This is the Democratic Republic of Congo EITI 2014 Annual Progress Report (in accordance with Requirements 7.4 and 8.4).Read More
BGR - Regional Supply Chains
The proportion of smuggled DRC minerals reflected in national exports can be dominant or subordinate compared to the national production component in these transit ... An OECD-hosted international consultation process on supply chain due diligence developed guidelines for companies to responsibly source from and...Read More
There is more than 3TG - SOMO
the DRC and adjoining countries) and material scope (only targeting 3TG). EU follows suit. In March 2014 the European Commission proposed a regulation with the objective to “help reduce the financing of armed groups and security forces through mineral proceeds in conflict-affected and high-risk areas”.12. The proposal...Read More
DRC to Remove Anti-Corruption Regulations in Mining Sector ...
Oct 15, 2015 ... “Congo cannot afford to miss this chance to tighten up its regulations so that its people benefit from the country's mineral wealth.” Secret mining deals have been a major issue in the DRC, even with the regulations in place to increase transparency and stop corruption. According to Global Witness, the...Read More
Understanding Conflict Minerals Provisions in Eastern Congo
The Organization for Economic Cooperation and Development, or OECD, is in the process of helping to develop due diligence guidelines for “managing the supply chain of key minerals from conflict-affected and high-risk areas, with particular regard to the Democratic Republic of Congo.” Does the government in Congo...Read More
Turning Conflict Minerals Law Compliance into a ... - PTC Support
The Democratic Republic of Congo (DRC) has been in a brutal ongoing civil war for over 50 years. A significant portion of the funding for this conflict has come from illegal mines operated by the various warring factions.1 The ore from these mines winds up in many different products used by consumers and businesses.Read More
Accompanying Measures to the EU Regulation on Responsible ...
Accompanying Measures to the EU Regulation on Responsible Mineral Sourcing. March 2017. Towards an improved governance of the artisanal mining sector in the DRC e .... Scale Mining (ou Production Minière à Petite. Échelle) (RDC) ... MAP OF (3T/GOLD) MINERAL RESOURCES IN EASTERN DRC. Gold. Tin. Coltan.Read More
The Mineral Industry of Congo (Kinshasa) in 2013 - USGS Mineral ...
Exchange Commission (SEC) issued regulations in final form ... U.S. GEOLOGICAL SURVEY MINERALS YEARBOOK—2013. Production. In 2013, the production of silver increased by 390%; mined copper, by an estimated 47%; refined copper, ..... “conflict minerals” in the DRC: Goma, Democratic Republic of the Congo,.Read More
The EU Conflict Minerals Regulation: The Uncertain Effects of ...
Jul 10, 2017 ... While the subject matter scope is narrow (only four minerals/metals), the Regulation's potential geographic scope is the world. As opposed to US law, which applies only to the Democratic Republic of Congo (DRC) and nine adjoining countries, the EU Conflict Minerals Regulation covers 3TG emanating...Read More
Blood minerals EU Regulation 2017/821 - Energy Law Group
Brussels • London - www.liedekerke.com. Kinshasa – www.liedekerkeafrica.com. BLOOD MINERALS. EU REGULATION 2017/821. Aimery de Schoutheete. September 2017 ... on the DRC. 5) Conclusion. II. The DRC act on subcontracting activities ... last) version: 2016. ➢ Developed through a multi-stakeholders process.Read More
Mining Law 2018 | Laws and Regulations | Congo - D.R. | ICLG
Sep 25, 2017 ... The main national legislations governing the mining industry in the DRC are (i) Law no. 007/2002 of 11 July .... The export of tradable mining commodities (i.e., processed minerals) must also comply with several legal requirements (e.g., minimum humidity rate, full traceability and certification). The export of...Read More
Implementation of US Dodd-Frank Act rule on conflict minerals ...
Implementation of US Dodd-Frank Act rule on conflict minerals: Commentaries, guidance, company actions. Section 1502 of the US law ... "'Conflict Free' Supply Chain in Democratic Republic of Congo" Intel, Jan 2013 ... "Addressing New Conflict Minerals Requirements: Key Success Factors for Processes and Reporting"Read More
Donald Trump's Suspension of Conflict Minerals Rule Would be a ...
Feb 24, 2017 ... Rolling back the conflicts mineral law would jeopardize the fragile peace in the Congo.Read More
Market reactions to regulations on minerals from the democratic ...
I find that for a subset of mining companies, stock returns were abnormally high when regulations in the US became more likely. I also find that returns were higher for communications equipment manufacturing companies when strong regulations in the DRC were announced. I argue that these responses were due to the...Read More
Due Diligence Guidance: towards conflict-free mineral ... - OECD.org
Supply Chains of Minerals from Conflict-Affected and High-Risk Areas. ... Move towards “DRC conflict free” for purposes of meeting expectations of ..... handling or export of minerals. • Irregularities, reports or instances of fraud, misrepresentation. • Review Annex II of the OECD Guidance and the standards for conflict and...Read More
GAO-15-561, SEC CONFLICT MINERALS RULE: Initial Disclosures ...
Aug 18, 2015 ... conflict minerals disclosure rule; and. (2) State and USAID actions related to the U.S. conflict minerals strategy in the DRC region. This report also .... to Contribute to the Effective Regulation and Control of the Minerals Trade in Eastern ..... conflict minerals necessary to the functionality or production of the.Read More
Environmental Audit, One of the Conditions for Mining Operations in ...
Mining and mineral processing are activities for extraction and processing minerals for commercial use. ... The mining industry is regulated through national legislation and regulations issued by the Democratic Republic of Congo (DRC) parliament and the DRC executive branch and mainly by the Mining Code adopted in...Read More
Where Apple Gets the Tantalum for Your iPhone - Newsweek
Feb 4, 2015 ... “We're concerned that the audit procedures are not as transparent as they should be,” says Sasha Lezhnev, who oversees DRC conflict minerals issues ... Last November, Apple said that of the 219 smelters it uses globally to process gold, tin, tungsten and tantalum, 106 were fully compliant, 55 were in the...Read More
“Conflict Free” Supply Chain - Intel
May 2, 2014 ... statement called the “Challenge to the Conflict Mineral Rule” in 2012. • Announced in January 2014 that Intel accomplished its goal of manufacturing microprocessors that are DRC conflict free for tantalum, tin, tungsten, and gold. • Completed our first SEC conflict minerals related filing with the SEC in May...Read More
msc policy on conflict minerals - Malaysia Smelting Corporation ...
MSC is also committed to meeting the requirements of Governments of the affected countries and subscribes to a longer term sustainability objective of improving the tin mining industry of DRC and Rwanda. In this respect the Company is involved in the process of establishing, either unilaterally and/or on a joint venture...Read More
Will the European Endgame on Conflict Minerals Put an End to ...
With the long list of proposed amendments from the European Parliament to the original proposal, there is a substantial risk the regulating process will falter and stall out. It is therefore needed ... To end mineral fueled violence and rape in the Eastern DRC and elsewhere, mandatory requirements are needed. We urge the...Read More
Conflict-free Mineral Legislation in the US and EU - Fairphone
Apr 16, 2014 ... If you've been following our story on Precious Materials, specifically mining in DR Congo, then you know for Fairphone, the use of conflict-free minerals in the production of consumer electronics is an important issue and part of our mission toward fairer electronics. Quite a lot of discussion about conflict...Read More
Conflict Minerals Policy Statement - Semecs
We are therefore committed to working with our customers and suppliers to responsibly source the materials and components we use in manufacturing our customers' products which may contain these minerals. To comply with the SEC reporting regulations relating to conflict minerals, Solid Semecs BV requires chain of...Read More
FAQ - Responsible Minerals Initiative
Our flagship Responsible Minerals Assurance Process (RMAP) offers companies and their suppliers an independent, third-party audit of SOR management systems and sourcing practices to validate compliance with CFSP protocols and current global standards. We also offer our Conflict Minerals Reporting Template...Read More