Watch more https://rtd.rt.com/tags/illegal-mining/ The Democratic Republic of Congo in Africa is one of the world’s most resource-rich countries. A wide range of rare minerals can be found here in abundance, all commanding high prices in world commodity markets. Diamonds for jewellery, tantalum, tungsten and gold for electronics; uranium used in power generation and weaponry and many others. Congo has copious deposits of raw materials that are in high demand internationally but remains one of the poorest countries in the world. From colonisation, with the horrors of slavery and other atrocities, to a turbulent and equally brutal present in which militant groups control the mines, Congo’s richness in natural resources has brought nothing but misery. Referred to as “conflict minerals”, these riches leave only a trail of death, destruction and poverty. Under Belgian rule, Congolese labourers were often required to meet quotas when mining different minerals. Failure could mean punishment by having a hand cut off with a machete. The country gained independence in 1960, but that didn’t put a stop to slave and child labour or to crimes being committed to extract and exploit the minerals. Warring militant fractions from inside the country and beyond seized control of mines for their own benefit while terrorising local populations. For our translator, Bernard Kalume Buleri, his country’s history of turmoil is very personal; like most Congolese people, he and his family fell victim to the unending mineral based power struggle. Born in the year of his country’s independence, he has lived through war and seen his homeland torn apart by violent looting and greed. His story is a damning testament, illustrating how nature’s bounty, instead of being a blessing, becomes a deadly curse. SUBSCRIBE TO RTD Channel to get documentaries firsthand! http://bit.ly/1MgFbVy FOLLOW US RTD WEBSITE: https://RTD.rt.com/ RTD ON TWITTER: http://twitter.com/RT_DOC RTD ON FACEBOOK: http://www.facebook.com/RTDocumentary RTD ON DAILYMOTION http://www.dailymotion.com/rt_doc RTD ON INSTAGRAM https://www.instagram.com/rtd_documentary_channel/ RTD LIVE https://rtd.rt.com/on-air/
Views: 976297 RT Documentary
Warlords, soldiers, and child laborers all toil over a mineral you've never even heard of. Coltan is a conflict mineral in nearly every cell phone, laptop, and electronic device. It's also tied to the deaths of over 5 million people in Congo since 1990. Hosted by Alison Suroosh Alvi | Originally released in 2011 at http://vice.com Click here to help: http://www.raisehopeforcongo.org/ Watch more VICE documentaries here: http://bit.ly/VICE-Presents Subscribe for videos that are actually good: http://bit.ly/Subscribe-to-VICE Check out our full video catalog: http://www.youtube.com/user/vice/videos Videos, daily editorial and more: http://vice.com Like VICE on Facebook: http://fb.com/vice Follow VICE on Twitter: http://twitter.com/vice Read our tumblr: http://vicemag.tumblr.com
Views: 3978195 VICE
Until recent years, the conflict minerals supply chain was a very lucrative scheme for Congo’s armed groups and even parts of the Congolese army. But now that’s all changing. Check out Enough’s updated conflict minerals 101 video and learn about what you can do to continue to hold companies accountable. Animation produced by Revolution Messaging; Animator: Adili Ailixier, Director: Eric Elofson, Voiceover: Morgan Hill.
Views: 5917 Enough Project
Grand Theft Congo (2005): The major problem facing Africa is corruption and control of resources. In the DRC, the military is stealing minerals to sell to Western companies. For downloads and more information visit http://www.journeyman.tv/18683/short-films/grand-theft-congo.html At a remote mine in central DRC, workers with torches and pick axes hack at the ruddy earth. They are mining cassiterite, a mineral vital in the production of laptops and mobile phones. But dispersed among the miners are Congolese Government troops -- in plain clothes for the camera -- literally forcing most workers to work at gunpoint. 'The soldiers always steal everything. They even come to shoot people down the mineshafts,' complains Regina Maponda. Western greed for cassiterite is fuelling the boom -- at an airfield near the mine, soldiers jealously guard their loot as it makes it way to Japan and the West. Conflict mining is a curse, and it is difficult to see what the G8 leaders can do. Elizabeth Jones - Ref. 2705 Journeyman Pictures is your independent source for the world's most powerful films, exploring the burning issues of today. We represent stories from the world's top producers, with brand new content coming in all the time. On our channel you'll find outstanding and controversial journalism covering any global subject you can imagine wanting to know about.
Views: 39601 Journeyman Pictures
A CBS News investigation found that children are mining cobalt, an expensive metal used in batteries that power smartphones and electric cars. Foreign affairs columnist Bobby Ghosh speaks to CBSN about what companies like Apple and Tesla are trying to do to clean up their supply chains.
Views: 14944 CBS News
Tech companies are trying to clean up the way they source cobalt, a key ingredient in batteries for smartphones, laptops and electric cars. The mineral is often dug by hand under hazardous conditions in the Democratic Republic of Congo. Photo: Alexandra Wexler/The Wall Street Journal Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
Views: 10082 Wall Street Journal
The Democratic Republic of the Congo is one of the least developed countries in the world. Yet it is also home to $24tn worth of untapped mineral reserves. In the eastern hills of the country, the "three Ts" - tantalum, tungsten and tin - are mined by hand, eventually making their way into electronic devices across the world. For a decade, advocacy groups in the US and Europe pressured technology companies to pay attention to violence-linked "conflict minerals" in their products. Fault Lines travels to the region to hear from miners who have been struggling to make ends meet and questions advocacy groups that say Dodd-Frank 1502 has been a success. With evidence of fraud and smuggling, how can some of the biggest brands in the tech industry take credit for reducing violence and claim to be sourcing "conflict-free?" Fault Lines investigates if the highly publicised campaign to stop "conflict minerals" is protecting the lives of some of the most vulnerable people in Africa, or if it is doing the opposite. - Subscribe to our channel http://bit.ly/AJSubscribe - Follow us on Twitter https://twitter.com/AJEnglish - Find us on Facebook - - https://www.facebook.com/aljazeera - Check out our website: http://www.aljazeera.com/
Views: 32824 Al Jazeera English
Subscribe to France 24 now: http://f24.my/youtubeEN FRANCE 24 live news stream: all the latest news 24/7 http://f24.my/YTliveEN Cobalt is an essential component of batteries for smartphones and electric cars. Around 60% of it comes from just one country, DR Congo – and most of the metal is exported to China. But there are ethical concerns: Amnesty International says children and adults are mining cobalt in extremely hazardous conditions. Meanwhile, around a quarter of the cobalt extracted in DR Congo is sold through the black market. This report is from our France 2 colleagues, with Erin Ogunkeye. A programme prepared by Florence Viala, Gaëlle Essoo and Claire Pryde. http://www.france24.com/en/reportages Visit our website: http://www.france24.com Subscribe to our YouTube channel: http://f24.my/youtubeEN Like us on Facebook: https://www.facebook.com/FRANCE24.English Follow us on Twitter: https://twitter.com/France24_en
Views: 29625 FRANCE 24 English
Google, Apple, Intel and other tech companies revealed that minerals sold to fund combattants in the Democratic Republic of Congo and nearby countries may be used in the manufacture of their gadgets. Everyday its an emergency in east of Congo due to crisis war and sexual violence. The disclosures come thanks to the reform-focused Dodd-Frank Act, which now requires thousands of companies to release an annual report detailing the use of so-called conflict minerals. Tungsten, tin, tantalum and gold-products common in electronics and known collectively as "3TG" are mined heavily in the Democratic Republic of the Congo and other central African countries. Proceeds from some of the mines are used to fun an ongoing war that's become the deadliest armed conflict since World War 2, according to one study. However, because such materials travel through a variety of smelters, manufacturersand distributors before they end up in a phone or laptop, vetting the entire manufacturing line is a difficult, expensive process. The SEC has estimated that compliance with the new rule cost companies $3 to $4 billion in the first year and will cost $206 to $609 million in subsequent years. In regulatory filings, the tech giants continuously said they did not have sufficient data to fully determine whether conflict minerals were present in their products. Google wrote in its filing that "based on our due diligence, we have reason to believe that portion of the 3TG used in our products originated from the covered countries, but we have not identified any instances of sourcing that directly or indirectly supported conflict in the covered countries". The company disclosed that about 36 percent of its smelters in the Democratic republic of the Congo region have been certified as not trafficking in conflict minerals, but it could notmake a firm determination about other suppliers. Apple, which began tracking the practices of individual smelters in 2010, said that 80 percent of the smelters it does business with in the region do not use conflict minerals. But like Google, Apple said it did not know enough to definitively say whether the other suppliers use them. Intel, meanwhile, said that its microprocessors and chipsets are conflict-free, but it could not determine the conflict status of its other products. And Amazon said "majority" of the suppliers that contribute to its kindle pipeline are not using conflict minerals. Every company which made a disclosure said they would pressure their questionable suppliers to be certified as compliant with conflict-free standards. overall, the reports indicate that tech companies are at least advocating for the manufacture of conflict-free products, but they are finding it difficult to implement such initiatives on a practical level. No ones is keen on abandoning the region entirely-despite raised awareness of conflict minerals, the Democratic Republic of the Congo's share of tantalum production actually increased in 2013, according to the Wall street Journal. Some companies even argue that continuing to draw minerals from the region could allow them to be a force for good. "Rather than simply funneling its demand through a limited number of verified smelters or those that are not sourcing in the Democratic Republic of the Congo," Apple wrote, "Apple believes the best way to impact human rights abuses on the ground in the Democratic Republic of Congo is to have critical mass of smelters verified as conflict-free, so that demand from other questionable sources is reduced."
Views: 32764 MUKELENGE
Industries ranging from aerospace to automobiles to food producers are scrambling to be in compliance with the SEC's new rules on documenting minerals originating from the Democratic Republic of Congo (DRC) or any of the adjoining nations, Tatyana Shumsky reports on Lunch Break. Don’t miss a WSJ video, subscribe here: http://bit.ly/14Q81Xy More from the Wall Street Journal: Visit WSJ.com: http://www.wsj.com Visit the WSJ Video Center: https://wsj.com/video On Facebook: https://www.facebook.com/pg/wsj/videos/ On Twitter: https://twitter.com/WSJ On Snapchat: https://on.wsj.com/2ratjSM
Views: 256 Wall Street Journal
It is an essential part of most mobile gadgets sold around the world and demand for cobalt is soaring. But the process of extracting the mineral from the earth comes at a huge human cost. A Sky News investigation has found children as young as four working in dangerous and squalid conditions in Cobalt mines in the Democratic Republic of the Congo for as little as 8p a day. Sky's special correspondent Alex Crawford reports. SUBSCRIBE to our YouTube channel for more videos: http://www.youtube.com/skynews Follow us on Twitter: https://twitter.com/skynews and https://twitter.com/skynewsbreak Like us on Facebook: https://www.facebook.com/skynews For more content go to http://news.sky.com and download our apps: iPad https://itunes.apple.com/gb/app/Sky-News-for-iPad/id422583124 iPhone https://itunes.apple.com/gb/app/sky-news/id316391924?mt=8 Android https://play.google.com/store/apps/details?id=com.bskyb.skynews.android&hl=en_GB
Views: 169492 Sky News
The high cost and uncertainty about requirements have slowed compliance with regulations meant to discourage sales of key minerals to benefit armed groups. http://spie.org/pw - SPIE Photonics West Symposium In 2010, the United States Congress passed the Dodd-Frank Act, mandating the issuance of rules requiring certain companies to disclose their use of conflict minerals if those minerals are "necessary to the functionality or production of a product" manufactured by those companies. Those minerals include tantalum, tin, tungsten or gold (3TG). Congress enacted Section 1502 of the Act because of concerns that the exploitation and trade of conflict minerals by armed groups is helping to finance conflict in the Democratic Republic of Congo region and is contributing to an emergency humanitarian crisis. Douglas Hileman has over 35 years of experience in compliance, risk management, and auditing, with nine years of experience in industry. He led two Independent Private Sector Audits (IPSAs), one each for the 2013 and 2014 reporting years. His firm (Douglas Hileman Consulting, LLC, in Los Angeles) is one of only six (three based in the U.S.) who have conducted an IPSA submitted to the SEC in the first two reporting years. He helps clients with strategies, compliance (and compliance readiness), program improvements, performance metrics, business processes, transactional support, training, and several types of auditing. He has been involved with Dodd-Frank conflict minerals (DFCM) since submitting comments on the proposed SEC rule. He has helped clients in several aspects of DFCM compliance preparedness, and has published numerous articles for the business community. He launched www.DFCMAudit.com as a resource for filers and their suppliers. Dynda Thomas is a partner at Squire Patton Boggs law firm. As founder and leader of the company's conflict minerals team, she focuses on relevant industries' best practices in working with clients' legal, procurement and compliance groups, advising them on the development and improvement of processes and procedures, the interpretation of the US conflict minerals rule and other supply chain regulations globally, and preparation of disclosure and reporting. Thomas advises on developing and reviewing procurement policies, training executives and relevant client teams, planning communications with customers and suppliers, and proposing data gathering and retention policies. She and her team work with companies in a wide variety of industries, including aerospace, automotive, consumer products, electronics and mining. Thomas currently serves as the Chair-Elect of the ABA's Public Utility, Communications, and Transportation Law Section. She is a graduate of the University of Cincinnati College of Law, where she was an Urban Morgan Human Rights Fellow. She holds a bachelor's degree in Diplomacy and Foreign Affairs from Miami University.
Views: 561 SPIETV
This animated video explains the importance of the US Dodd Frank Act Sec. 1502 and how companies can contribute to ending war and crime in the Democratic Republic of the Congo and neighboring countries. Suppliers can learn what to expect and how they can contribute to phasing out Conflict Minerals. Click, watch and share with your suppliers to spread the word on Conflict Minerals!
Views: 14260 Gabrielle Roche
Conflict minerals are the source of one of Congo's deadliest conflicts. In November 2009, Enough Project consultant Sasha Lezhnev traveled to Congo to investigate the conflict minerals supply chain, beginning at the mouth of the mine. This is his story.
Views: 3681 Enough Project
Abby Martin reports on the disclosures of hundreds of multinational corporations being unable to definitively prove that their products aren't made with 'conflict minerals'. LIKE Breaking the Set @ http://fb.me/JournalistAbbyMartin FOLLOW Abby Martin @ http://twitter.com/AbbyMartin
Views: 19811 breakingtheset
Video by MISEREOR. This video filmed at the Fungamwaka mine in the DRC reveals the working conditions of artisanal miners who extract the minerals that enter many daily life products such as laptops, smartphones and other electronic devices. The Fungamwaka mine is an example of a "clean mine", where no rebel groups are present to illegally tax the miners, and child labor is banned. In a sector too often dominated by exploitations and human rights violations, this example demonstrates how the sector could be cleaned up under effective regulation. The costs of doing so cannot simply be passed on mine workers who are struggling to make a decent living, but should be covered by the companies sourcing these minerals along the full supply chain.
Views: 28711 CIDSE CathDevAgencies
As the war rages on in Congo, killing more people than the wars in Iraq and Afghanistan combined, the war in Congo continues to spiral out of control as a result of mineral conflict and international intervention. As the bodies are cleared away the major mining companies of the world move in to exploit the land and the local population to keep the international markets regulated. Congo holds 85% of the worlds reserves in almost all the minerals that contribute to the international markets consumption. Here we look at the effects it has on the populations surrounding precious mineral reserves, such as gold.
Views: 395 WIRmedia
Simon visits the Congo to see the conflicts surrounding the gold-digging industry first hand. Subscribe to the BBC Studios channel: http://www.youtube.com/subscription_center?add_user=BBCWorldwide BBC Studios Channel: http://www.youtube.com/BBCStudios This is a channel from BBC Studios who help fund new BBC programmes..
Views: 17204 BBC Studios
Blood in the Mobile phones, Apple,Samsung,Nintendo,Canon,Nikon, Sharp,HP,Dell,Microsoft, HTC etc.. There's blood in these devices because your mobile contains tiny electronic circuit, and they couldn't work without mineral call COLTAN . The Congo possesses 80 percent of the world’s coltan. If you own a mobile phone, or an mp3 player then it’s likely that you’ve got a little piece of the Congo in your pocket right now.i
Views: 3907 CONGO LONDON CITY
Many electronic companies are unaware that the minerals they use in their products fuel rebel movements in the eastern Democratic of the Congo. This film shows what they can do to end this trade and end the violence in the DRC. Produced by William Beckham, Alex Dobyan, Lesley Kim, Hye Seo, and Anna Patten. Produced as part of the course, Political Science 138: Conflict and Natural Resources, an undergraduate course taught at Tufts University by Professor Nancy Gleason. Imagery from Google Earth, specific citations at end of film.
Views: 13510 doubleyoubee723
Blood in the Mobile is a 2010 documentary film by Danish film director Frank Piasecki Poulsen. The film addresses the issue of conflict minerals by examining illegal cassiterite mining in the North-Kivu province in eastern DR Congo. In particular, it focuses on the cassiterite mine in Bisie. The film is co-financed by Danish, German, Finnish, Hungarian and Irish television, as well as the Danish National film board. The film premiered in Denmark on September 1, 2010. During the making of the film Frank Piasecki Poulsen is working with communications professional and new media entrepreneur Mikkel Skov Petersen on the online campaign of the same name. The campaign is addressing Poulsen and Petersens notion of the responsibility of the manufacturers of mobile phones on the situation in war torn eastern Congo. The project is collaborating with NGOs like Dutch-based Make It Fair and British-based Global Witness who are also engaged in changing the conduct of Western companies regarding the industrial use of minerals of unknown origin. The cassiterite dug out in the illegal mines in North-Kivu is according to Danish corporate monitor organization Danwatch  primarily purchased as tin by the electronics industry after processing in East Asia. Apart from trying to raise awareness of the issue of illegal mining and alleged lack of corporate social responsibility from the mobile phone industry, the campaign is an attempt to experiment with new ways of building an audience and create additional funding for documentary films. The production of the film and the campaign is run in association with Danish new media company Spacesheep, founded in 2009 by Poulsen and Petersen in association with major Danish independent TV and film production company Koncern.
Views: 34914 Tidus Coop.
The price of modern technology: capturing conflict mineral trade in Democratic Republic of Congo - Marcus Bleasdale Marcus Bleasdale is a documentary photographer who uses his work to influence policy makers around the world. His work appears in National Geographic, The New Yorker, The New York Times, TIME and his work on human rights and conflict has been shown at the US Senate, The US House of Representatives, The United Nations and the Houses of Parliament in the UK. In this eye-opening talk, Marcus' photographs bear witness to the conflict in the Democratic Republic of Congo that is fuelled by conflict minerals to be used in everyday electronic devices. In the spirit of ideas worth spreading, TEDx is a program of local, self-organized events that bring people together to share a TED-like experience. At a TEDx event, TEDTalks video and live speakers combine to spark deep discussion and connection in a small group. These local, self-organized events are branded TEDx, where x = independently organized TED event. The TED Conference provides general guidance for the TEDx program, but individual TEDx events are self-organized.* (*Subject to certain rules and regulations)
Views: 9112 TEDx Talks
Presence of rich minerals and conflict in Democratic Republic of the Congo Conflict in Congo has become to termed as the War of Resources (Nzongola: 2005). Countries rich in minerals such as cobalt, coltan, cassiterite, copper, and gold are often marred by corruption, authoritarian repression, militarization, and civil war. Rebel groups, governments and mining companies exploit mineral resources, fueling civil and interstate conflict as players vie for control over riches. Countries such as the Democratic Republic of Congo have fallen victim to rebels who use revenue from minerals such as diamonds, coltan and cassiterite to purchase arms and fuel conflict. Governments often establish repressive military regimes in mineral producing regions to protect their "national interests," but local populations rarely see the profits and are subjected to environmental damage wrought by corporations. Like Angola and Sierraleaone, Congo has suffered for the presence of rich minerals in the country. If not for the presence of minerals in Congo, Leopold and Belguim could never have occupied the country in the first instance, rebel groups and multi national corporations couldn't have done what they did and still do, and there would never have been interference by neighbouring states in the affairs of Congo. Therefore, the problem of Congo lies in the fact that it is richly endowed with minerals. Congo is awash with gold, diamonds and metals such as cassiterite and coltan used to weld small pieces together in electronics. The conflict in eastern Congo is being fueled and funded by a tussle for mineral resources that end up in cell phones, laptops and other electronics-- deepening the stakes in a war that sprung out of festering hatreds from the Rwandan genocide. Rebel militias and Congolese army troops are fighting each other for control of mineral-rich land. They can then sell the raw materials they mine and use the proceeds to fund their activities and arms -- which prolongs the conflict. Many analysts say that the heart of conflict is the struggle for minerals. "In some ways (mineral exploitation) has become the means and the ends of the conflict," said Jennifer Cooke, the director of the Africa program at the Center for Strategic and International Studies in New York. There's virtually no government control over the eastern Congo and much of the conflict. There is a scramble at the local level and at the regional level for access to land and the minerals underneath them. Over the years, Democratic Republic of the Congo (DRC) has faced a problem of natural resource management. The continual exploitation and lack of effective management has led to the perpetuation of ongoing conflict and instability throughout the country, but most notably in the Eastern provinces. It is feared that without international recognition and domestic pressure to curb the ongoing exploitation, the DRC's future will be one that is trapped in a vicious cycle of human rights abuses and conflict. While these practices should be addressed, it is more crucial to look at the manner in which natural resource control has been manipulated and used by warlords and governments as a means to sustain violent conflict. For instance, in the late nineties in the district of Ituri it was discovered that the ability of the warlords to continue their violent actions was supported and financed by the exploitation of gold from the area. This example is indicative of a wider trend throughout Congo whereby armed groups are fighting for control of resources for material gain and the financing of continued armed conflict. Therefore like most scholars and analysts agree, the primary cause of the Congo conflict lies in the struggle by different sects to exploit and manage natural resources (minerals). This causal factor goes back to 1888s during the era of Leopold and Belguim colonial occupation to the nineties that witness the partition and plunder by neighboring states of Uganda and Rwanda. (Assignment for the ESSP Course, submitted by Dieudonne Amisi, March 2018)
Views: 50 Artistes pour l'Humanité
Adam Hochschild, author of "King Leopold's Ghost: A Story of Greed, Terror, and Heroism in Colonial Africa," discusses the weakness of the conflict minerals approach in addressing the realities in the Congo. Born the son of a mining company executive, Adam Hochschild visited apartheid-era South Africa during his teens and observed the injustices of racism. He subsequently became active politically, joining the civil rights movement, demonstrating against the Vietnam War, and co-founding the activist magazine Mother Jones. His National Book Award-nominated Bury the Chains is a fascinating look at the British abolitionist movement of the late 1700s.
Views: 3388 crisisinthecongo
In the 1970s, South Africa was the world's most prolific exporter of gold. Over the years, industrial decline has seen widespread closures of the mines across the country. However, Johannesburg sits on the biggest gold basin ever discovered. It's perhaps not surprising that many of these abandoned mines have seen a recent boom in illegal mining activity. Everyday, hundreds of illegal gold miners, known as Zama Zamas, descend kilometers deep beneath the surface. The miners often spend weeks underground, toiling away at the country's untapped gold reserves. Observers have suggested that illegal mining is now so widespread, black-market gold arguably supports the communities once subsistent on the very same mines they worked in before they shut down. The lack of policing in the mines has seen the practice go on largely unabated. However, in the absence of law enforcement, the extensive network of abandoned mines beneath the region has become an arena to deadly gang warfare between rival factions. VICE News visited illegal mines near Johannesburg, to meet the Zama Zamas risking life and limb everyday in the violent struggle for South Africa's illegal gold. Check out the VICE News beta for more: http://vicenews.com Follow VICE News here: Facebook: https://www.facebook.com/vicenews Twitter: https://twitter.com/vicenews Tumblr: http://vicenews.tumblr.com/
Views: 2236228 VICE News
Liberia is one of the poorest countries in the world. It's economy mostly depends on foreign aids, directly on foreign investments and on exportation of natural resources such as iron ore, gold, rubber and timber. During the civil wars took place between 1989 and 2003 in Liberia, more than 250,000 people were killed. Actually I'm not talking about a very distant past. All these ended just 15 years ago. When the economy totally collapsed during the civil war, Liberia became the trade center for blood diamond extracted in Sierra Leone. Weapons used in the war were mostly financed in this way. In the forests of Liberia, tens of thousands of people are doing artisanal mining under very hard conditions. This is their only livelihood. Actually they just save the day at the risk of their lives. What connects them to life is their dreams.
Views: 16927 Hasan Soylemez
Complying with conflict mineral regulations such as Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act requires companies to collect vast amounts of data from their suppliers. That’s why companies request, and their suppliers submit, Conflict Mineral Reporting Templates (CMRTs) to efficiently collect conflict mineral data. However, because CMRTs are such a crucial part of any conflict minerals program, the organization in charge of the template, the Conflict Free Sourcing Initiative, now Responsible Minerals Initiative (RMI), regularly updates it to ensure the CMRT is optimized to meet corporate compliance requirements. In this webinar, our Compliance Specialist Drew Young reviews the newest template version, CMRT 5.0, provides an overview of the CFSI (now RMI) and go over common mistakes found in CMRTs. You will also see how easy it is for suppliers to use the Assent platform to upload their CMRTs. Learn about the Assent Compliance Platform here: https://www.assentcompliance.com/compliance-software/ A new version of the CMRT has recently been released. Download it here: https://www.assentcompliance.com/cmrt-5-10/ Experience our webinars live. Visit the Events page here: https://www.assentcompliance.com/events/
Views: 300 Assent Compliance
The recently published European Union conflict mineral regulation contains new requirements for businesses with tin, tungsten, tantalum and/or gold in their supply chain. However, these minerals are not the sole ethical sourcing consideration for European companies. This video examines the EU conflict mineral regulation’s due diligence requirements for companies, in addition to other human rights and ethical sourcing initiatives. In this webinar, you learn about: - The EU Conflict Mineral Regulation - The EU Non-Financial Reporting Directive - The French Duty of Vigilance Law - And others If your company is part of the European market, this video is essential for you to understand your compliance requirements with regards to conflict minerals and other ethical sourcing initiatives. To learn more about conflict minerals and how Assent Compliance can help you meet your requirements, visit https://www.assentcompliance.com/corporate-social-responsibility-suite-conflict-mineral-module/ To experience our webinars live, visit our Events page at https://www.assentcompliance.com/events/
Views: 115 Assent Compliance
July 4, 2018 – "Today minerals are traced in the Congo. You have got tin, tantalum, tungsten, cobalt, which are considered conflict metals. The early incumbent system is all paper-based log books. We think that blockchain is a significant way to improve mineral provenance and certify where it has come from, how it is produced and essentially it is a distributed ledger and it is really facilitating and automating trust between counterparties in the supply chain. We are the intermediary between artisanal miners and our offtake partner." states Lance Hooper, President & COO and Director of Cobalt Blockchain Inc. (TSXV: COBC), in an interview with InvestorIntel Corp. CEO Tracy Weslosky. Tracy Weslosky: Lance I think you are basically going to be the first ethical supplier of DRC cobalt. Is that correct? Lance Hooper: Yeah, that is our plan Tracy in the next quarter. We have put a number of the building blocks in place; initial supply agreement. Right now we are building out depot infrastructure and implementing the mineral traceability system that we have developed in the last 3 months. Tracy Weslosky: InvestorIntel audience, here is what we have. We have cobalt, which is in demand around the world and, of course, we have technology with blockchain. Can you explain to us a little bit more about how you are utilizing blockchain technology to change the cobalt industry? Lance Hooper: Sure. Today minerals are traced in the Congo. You have got tin, tantalum, tungsten, cobalt, which are considered conflict metals. The early incumbent system is all paper-based log books. We think that blockchain is a significant way to improve mineral provenance and certify where it has come from, how it is produced and essentially it is a distributed ledger and it is really facilitating and automating trust between counterparties in the supply chain. We are the intermediary between artisanal miners and our offtake partner...to access the complete interview, click here Disclaimer: Cobalt Blockchain Inc. is an advertorial member of InvestorIntel Corp.
Views: 430 InvestorIntel
The European Parliament has been debating new EU rules requiring all but the smallest companies to carry out due diligence for imports of 4 minerals which may come from war-torn areas of the world. ] In June 2016, after several years of negotiations, the EU reached a political understanding on a new regulation designed to break the links between the minerals trade, armed groups and human rights abuses. Forcing firms to adhere to international monitoring standards aims to prevent money from the sale of the minerals falling into the hands of armed groups. The checks will need to be undertaken by importers of tin, tungsten, gold and tantalum. That last one is a metal often used in mobile phones. A deal reached on the rules towards the end of last year will only see exemptions granted for small scale importers like dentists and jewellers.
Views: 69 CGTN Africa
Actor and activist Jeffrey Wright's mining company, Taia Lion Resources, is helping take the conflict out of conflict minerals. His company's approach in Sierra Leone has parallels for the Congo, where the fight for conflict minerals is fueling the world's deadliest war. To learn more visit www.RaiseHopeForCongo.org Produced and directed by Robert Padavick Filming, editing and animation by Jeff Trussell Copyright 2012 Center For American Progress
Views: 2700 Enough Project
Ghana has had a gold rush but here, Afua Hirsch discovers how Chinese immigrants are profiting from industrialising the country's small-scale mining industry. She sees for herself that, for the many locals who chance losing life and limb for a piece of the same pie, the risks are rarely worth it, and explores where the responsibility for regulating this industry lies. The price of gold: Chinese mining in Ghana documentary Subscribe to the Guardian HERE: http://bitly.com/UvkFpD Afua Hirsch reports on Ghana's gold rush in a film that discovers how Chinese immigrants are profiting from industrialising the country's small-scale mining industry. She sees for herself that, for the many locals who chance losing life and limb for a piece of the same pie, the risks are rarely worth it, and explores where the responsibility for regulating this industry lies.
Views: 2747076 The Guardian
On June 2nd, a rule in 2010's Dodd Frank Act took effect. It requires U.S. companies with products that might contain conflict minerals to report to the SEC on whether those metals came from mines in the Democratic Republic of Congo. Four rare elements—gold, tin, tungsten, and tantalum—power our many devices, from computers and tablets to phones and game stations. Much of the ore that contains these metals has historically come from mines in the DRC, mines run by militias that have sold these valuable ingredients at a bargain price to fund their operations in a decades-long civil war that has cost millions of lives. Here's the update: out of 300 to 600 smelters around the world that turn ore into metal, about 100 have been certified as free of conflict minerals, according to the Conflict-Free Sourcing Initiative, an industry group. Tech companies are taking the lead in pushing compliance by these global suppliers. Intel has certified that its suppliers—86 of them in 21 countries—are conflict free. Apple, Dell, Microsoft, and Hewlett-Packard have also made substantial progress in auditing their suppliers and in hiring accredited third party certifiers to confirm compliance. With around 2,000 companies across seven sectors that are affected by this rule, and with some 200 to 500 global smelters unaccounted for, there's still a lot of work to be done to ensure responsible sourcing. I'm John Howell for 3BL Media.
Views: 120 3BL Media
A law that requires American companies to disclose the use of minerals from war-torn African states is being challenged by business groups in the US Court of Appeals. The Chamber of Commerce and two other trade groups have sued to overturn the conflict minerals rule which was adopted by Congress in 2010 as part of the Dodd-Frank Act, saying it's too expensive and too hard to implement.
Views: 1297 CGTN Africa
In the lush hills of eastern DR Congo, where the trade in rare minerals has long fed unrest, miners complain that recent US rules against "conflict minerals" have bitten into their meagre income.
Views: 149 AFP news agency
An advisor to Congolese Prime Minister Jean Nkunza on Wednesday said the Democratic Republic of Congo will declare cobalt and coltan, as “strategic” minerals which will earn the country higher royalties. The natural mineral resources are used in the production of electric vehicle and renewable energy technology. A new mining code was signed into law on Friday by President Joseph Kabila despite opposition by global mining companies with operations in the DRC such as Glencore, Randgold and … READ MORE : http://www.africanews.com/2018/03/15/cobalt-to-be-declared-a-strategic-mineral-in-the-dr-congo Africanews on YouTube brings you a daily dose of news, produced and realised in Africa, by and for Africans. Africanews is the first pan-African multilingual media outlet, unique in its concept and vision. Subscribe on our Youtube channel https://www.youtube.com/c/africanews and receive all the latest news from the continent. Africanews is available in English and French. Website : www.africanews.com Facebook : https://www.facebook.com/africanews.channel/ Twitter : https://twitter.com/africanews
Views: 960 africanews
The purpose of a responsible minerals program is to determine the origin of materials used in products and ensure their purchase does not support armed conflict and child labor in conflict-affected regions. Jared Connors, Assent’s Senior Subject Matter Expert in Corporate Social Responsibility (CSR), explains why identifying the smelters that refine these materials is key to completing a Conflict Minerals Reporting Template (CMRT) and demonstrating due diligence. In this webinar, you will learn about: - How smelter data should be collected and validated - Various smelter statuses and how they impact your reporting - How to report this data in a CMRT - And more! This is your opportunity to hear from a CSR expert about using smelter data to build a robust responsible minerals program in your company.
Views: 80 Assent Compliance
Rep. McDermott celebrating the passage of DRC 'conflict minerals' legislation in the recent Wall Street Refrom Bill. The legislation will require manufacturing companies to be accountable for using minerals in their products that come from mines funding war in the Democratic Republic of the Congo.
Views: 334 RepJimMcDermott
The Democratic Republic of the Congo is rich in natural resources, yet the average citizen lives on only 72 cents a day. The foreign mining companies are getting rich while the general population is living in poverty. Many Congolese citizens are diging through the dirt on their hands and knees in search their fair share of the countries natural minerals. While there are taxes on the mining companies who benefit from the countries resources it is proving difficult to actually collect the money that is owed. Vocativ spoke to one tax inspector who explained that tax evasion and government fraud is rampant throughout the mining industry. So it seems that until those benefiting from the countries natural wealth start paying their fare share, many average citizens will have to continue digging through the mud to get by. Subscribe! http://www.youtube.com/subscription_center?add_user=vocativvideo See more on our website: http://www.vocativ.com Follow us on Twitter: https://twitter.com/vocativ Like us on Facebook: https://www.facebook.com/Vocativ
Views: 270914 Vocativ
http://www.assentcompliance.com Assent Compliance helps companies comply with conflict mineral requirements and currently works with over 20% of S&P 500 companies in scope. One of the critical components of a conflict mineral program is sourcing smelter data. What’s the most effective way to do this? See how Assent manages conflict minerals smelters in the conflict mineral compliance process. How Assent Handles Conflict Minerals Smelters The following video created by Assent Compliance covers how Assent handles smelters in the conflict mineral compliance process. The final rule of section 1502 of Dodd Frank requires companies to file a conflict minerals report to exercise due diligence on the source and chain of custody of their conflict minerals. Identifying and understanding the smelter of 3TGs is important to fulfilling this requirement. The smelter has been identified as the pinch point in the supply chain. This is because the smelters are in the best position to know where the raw material is coming from and where the output product is going to. Also, there are a relatively small amount of smelters compared to upstream suppliers and downstream users. Supplier provided information comes in at scale, and Assent uses a merge and purge model as smelter verification to efficiently deal with the size, complexity and dynamic nature of incoming data. Assent relies on information provided from respective private and public stakeholders such as the Conflict Free Sourcing Initiative (FSI), the London Bullion Market Association (LBMA) and the US Department of Commerce. The Assent database is a constantly evolving warehouse, consolidating the most complete, and up-to-date information gathered from these sources. So How Does Assent Do This With Conflict Minerals Smelters? The first step is to cross reference incoming data against the Assent database for a match based on indicators such as unique smelter ID (or CID), metal, facility location, and name. If a match is found in the database the duplicate information is merged into one accurate profile. Entries that do not have a match or do not include a correct CID are purged for invalid data, such as the commonly seen question mark. Also, commonly seen invalid smelters such as traders, pawnshops, banks and government bureaus are also eliminated. Once the known entries are either merged or purged, the resulting list contains data that needs to be investigated to determine whether or not it could be legitimate but undocumented smelting facilities. Assent Compliance’s smelter team conducts a due diligence process that includes detailed research and native language outreach to locations around the globe to enhance the data gathering network, as well as educate on the benefits of conflict free sourcing certifications. Assent uses indicators such as CFSI status, third party audit status, geographic location, and mine location to generate a smelter rick level to help clients understand the level of risk that a particular smelter has sourced from one of the covered countries associated with the DRC. Assent’s interactive smelter location map is a unique feature enabling a visual tool where companies can view geographic proximity to high risk locations. Successful execution of Assent’s smelter engagement and due diligence process will provide important information about mine location and potentially problematic sourcing. Assent’s smelter verification program, including one of a kind database and experienced multilingual smelter team, can be an efficient and cost effective resource in this intensive information gathering requirement. Successful smelter verification from Assent can provide a clean list of data that can confidently be submitted on a conflict minerals report. For More Information About How Assent Handles Conflict Minerals Smelters, Contact Us! Check out Assent's Conflict Mineral Smelter FAQ here: http://assentcompliance.com/blog/wp-content/uploads/2015/02/Assent-Smelter-FAQ.pdf https://www.youtube.com/watch?v=kbUpcxj5v9Y Conflict Minerals Smelters Conflict Minerals Reporting Assent Compliance AssentComplianceVideos
Views: 806 Assent Compliance
Kitco News senior reporter Daniela Cambone discusses section 1502 of the Dodd-Frank Act, a segment of the Wall Street Reform Bill that aims at minimizing the suffering caused by conflict minerals (Dec. 16, 2010). Join the discussion @ the Kitco Forums - http://www.kitcomm.com Follow us on twitter @ http://www.twitter.com/kitconewsnow Connect w/ Kitco News on Facebook - http://on.fb.me/hr3FdK Send your feedback to [email protected] http://www.kitco.com --- Agree? Disagree? Join the conversation @ The Kitco Forums and be part of the premier online community for precious metals investors: http://kitcomm.com -- Or join the conversation on social media: @KitcoNewsNOW on Twitter: http://twitter.com/kitconews --- Kitco News on Facebook: http://facebook.com/kitconews
Views: 723 Kitco NEWS
The Rwandan occupation in the east of the Democratic Republic of Congo (DRC) was a key factor preventing the DRC from exploiting its coltan reserves for its own benefit. Mining of the mineral is almost exclusively artisanal and small-scale. A 2003 UN Security Council report charged that a great deal of the ore is mined illegally and smuggled over the country's eastern borders by militias from neighbouring Uganda, Burundi and Rwanda. Coltan smuggling has also been implicated as a major source of income for the military occupation of Congo. An activist website, Toward Freedom, states that the search for coltan has fueled a brutal conflict in the Democratic Republic of Congo; they state that demand for coltan has caused Rwandan military groups and western mining companies to seek hundreds of millions of dollars worth of the rare metal, often by forcing prisoners-of-war and even children to work in the country's coltan mines. To many, this raises ethical questions akin to those of conflict diamonds. Owing to the difficulty of distinguishing legitimate from illegitimate mining operations, several electronics manufacturers have decided to forgo central African coltan altogether, relying on other sources. Toward Freedom claims that the 2000 launch of the Sony PlayStation 2 required a large increase in production of electric capacitors, which are primarily made with tantalum, which greatly increased the world price of the powder from $49/pound to a $275/pound, resulting in accelerated mining of the Congolese hills containing coltan. Sales of computers, mobile phones, and DVD players spiked around this same time. Sony claims it has discontinued its use of tantalum acquired from the Congo, and sourced it from a variety of mines in several different countries. University of Wisconsin-Oshkosh undergraduate student and blogger David Barouski claims The coltan ore trades hands so many times from when it is mined to when SONY gets a processed product, that a company often has no idea where the original coltan ore came from, and frankly don't care to know. But statistical analysis shows it to be nearly inconceivable that SONY made all its PlayStations without using Congolese coltan." All three countries named by the United Nations as smugglers of coltan have denied being involved. Austrian journalist Klaus Werner has documented links between multi-national companies like Bayer and the illegal coltan traffic. Likewise Johann Hari has written of the connections between coltan resources and the genocide in Congo. A United Nations committee investigating the plunder of gems and minerals in the Congo listed in its final report approximately 125 companies and individuals involved in business activities breaching international norms. Companies accused of irresponsible corporate behavior are for example Cabot, Eagle Wings Resources International, George Forrest Group and OM Group. Currently, industry experts estimate that the majority of coltan from the DRC is being exported to China for processing into electronic-grade tantalum powder and wires.
Views: 14526 compukin
Analysis | Trump canceled the ‘conflict minerals’ provision of Dodd-Frank. That’s probably good for Congo. 3T minerals, gold mines, artisanal miners, eastern congo, section 1502, tin, tantalum, tungsten, coltan, magnesium, conflict-free https://www.youtube.com/channel/UCd4_4MPV20qVj80Rm_cQHOw?sub_confirmation=1 Men carry bags of cassiterite (tin ore), coltan, which is used in mobile telephones and computers, and manganese on May 28, 2013, from the Mudere mine, in eastern Congo. (AFP/Getty Images) By Nik Stoop , Marijke Verpoorten and Peter van der Windt September 27 at 7:45 AM Most Americans think of the 2010 Dodd-Frank Act as a far-reaching effort to regulate the financial services industry to prevent another global recession. But there’s a somewhat obscure provision involving Congo that the Trump administration has already undone. And that’s probably a good thing for Congo, since — according to our research — the provision had troubling unintended consequences and was not helping to reduce conflict, as intended. This little-known provision of Dodd-Frank asked companies to examine their supply chains for conflict minerals In February 2017, President Trump temporarily suspended Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act and ordered his administration to replace it with “more effective means.” Section 1502 dealt with “conflict minerals,” defined as the tin, tantalum and tungsten (known as the 3Ts) and gold that some armed groups in eastern Congo use to finance their activities. Section 1502’s backers aimed to break the link between conflict and minerals in the region. But our analysis shows that the legislation did not achieve its goal. Section 1502 requires all companies listed on U.S. stock exchanges to trace the minerals used in their supply chains and declare whether they are conflict-free. “Conflict-free” means that companies can prove that the 3Ts and gold in their products from Congo and its neighbors were not mined, sold, taxed or otherwise used for the benefit of armed groups. [Armed peacekeepers really do protect civilians — with one big exception.] Several human rights groups lobbied for Section 1502 and deplored its suspension. Most Congo scholars, though, criticized the conflict minerals legislation and welcomed its suspension, saying that Trump was “right on Congo’s minerals, but for all the wrong reasons.” But Section 1502 ended up hurting local miners, not warlords or armed groups Section 1502 led to a de facto ban on artisanal mining — miners relying on simple hand tools such as hammers and picks — in eastern Congo. That deprived hundreds of thousands of those miners of their livelihoods. Yet it failed to cut off resources to warlords or do anything to resolve the reasons for their violence. As a result, entrepreneurial armed groups switched to alternative sources of income, such as timber, cannabis and palm oil. That’s what political scientists Dominic Parker and Bryan Vadheim found. Using geo-referenced data on mining sites, battles between armed actors and looting of civilians from 2004 to 2012, they checked to see whether conflict in eastern Congo went down after Dodd-Frank took effect. They found that the de facto ban on 3T minerals made armed actors turn away from these minerals. Warlords
Views: 21 Dongo NEWS
The activists seeking to solve Congo’s problems through “ethical” electronics consumption do not intend to make miners lives harder, but at Kisengo and other mines in the region the effects of Dodd-Frank section 1502 are hard to ignore. The impacts of the conflict mineral laws on livelihoods “may have been unintended, but they were not unknown”, pointed out Ben Radley, a PhD researcher on the issue. The draft of Trump’s executive order justifies suspending 1502 on the grounds of the “loss of livelihoods” faced by artisanal miners and the “compliance costs” to companies. But in 1502’s absence, “all these people who trade conflict minerals… could come back,” said Delly Mawazosesete, a Great Lakes researcher based in the eastern city of Goma. “On an economic level, this will be good. But for human rights and prevention of armed conflicts and their consequences, this will be bad.” But Laura Seay, a US academic who has been critical of the impact of 1502, believes any suspension will be largely symbolic. The spread of conflict mineral laws regionally and internationally means little will change “for the big corporations who operate multi-nationally”, she told IRIN. Fiston has a university degree, but there are no jobs for people without the right connections. He’ll keep digging in the hope of buying a house one day. So far, he barely finds enough gold to survive day by day. The supply chain of Congo’s industrial gold is already hermetically sealed, but artisanal activity could be targeted whenever the next phase of international efforts against conflict minerals begins. A kilo of gold is more than 1,000 times more valuable than a kilo of coltan, making it lot easier to smuggle and harder to trace. Conflict-free gold would require an even more secure supply chain, tightening the noose further on traders and miners alike. What Fiston doesn’t know yet is that a company affiliated with MMR is coming to Kamoko. Like Congo’s other industrial goldmines, it will produce perfectly conflict-free gold in a tightly controlled environment, but the operation will require far fewer hands. Their operation will likely displace him and all the artisanal miners currently eking out a living here. See more here: https://www.irinnews.org/feature/2017/02/09/who-pays-hidden-price-congo%E2%80%99s-conflict-free-minerals
Views: 302 The New Humanitarian
Gertler Earns Billions in Congo Cut-Price Deals
Views: 118835 dragansport
Canadian mining companies contribute to the destabilization in the Democratic Republic of Congo http://www.davidmckie.com/canadian-mining-companies-contribute-to-the-destabilization-in-the-democratic-republic-of-congo/ Canadian mining enterprises in the Democratic Republic of Congo, have over $4 Billion in investments. There is no evidence that mining has had a positive impact on the country. Instead, it has been associated with mineral conflict. With the help of corrupt officials in the DRC, Canada and other Western countries continue to drain the country of its resources.
Views: 211 YaSolo Journalism
For downloads and more information visit: http://www.journeyman.tv/?lid=65258 The harrowing plight of women and children in the Eastern DRC is exposed in this powerful short doc. Driven from their land, they work in mines as slaves in a desperate bid to protect themselves from rape. "They came into houses and raped and killed children. They raped my two-year-old daughter," recounts Irene, who is now living in the UK. Since 1997, various militias have been fighting for Congo's vast mineral wealth in a bitter conflict for which women are largely paying the price. "Women are the biggest victim because they are raped every single day." Forced to work at gold and other mines in conditions of slavery, women are caught in the crossfire of competing militias who launder the minerals and smuggle them out of the region to be processed for manufacture by 'respectable' corporations. Despite the vast wealth generated by their work they eke out a meagre existence, sometimes being paid nothing at all. Meanwhile the rapes continue. With companies still not required to say where the minerals they use originate from, no one is taking responsibility. "They have to stop what is happening there. No one should suffer like that." Ross Domoney & Diane Taylor
Views: 18932 Journeyman Pictures