Blood Diamonds: The Dazzling Dilemma in the DRC

The illicit trade of diamonds represents four percent of the world's diamond population, a significant decrease from 2003. Despite this decrease, the manufacturing of blood diamonds is still a prevalent problem. The Congo River serves as the center of the world's …

Conflict Minerals: Peace and Security in Democratic Republic …

The trade of gold, tantalum, tin, and tungsten helps finance violent conflict in the eastern region of the Democratic Republic of the Congo. To reduce...

The Democratic Republic of the Congo: A Case Study of …

by Alex Chestnut June, 2020 Introduction The First and Second Congo Wars from 1996-1997 and 1998-2003 respectively, have often been considered by historians to be Sub-Saharan Africa's World Wars. These conflicts have had repercussions on The Democratic Republic of the Congo such that it has not yet fully recovered in the modern era. Each of these respective conflicts …

Democratic Republic of the Congo

In 2022, the DRC was the world's largest cobalt miner with a production of 130,000 tons, or nearly 68 percent of the world's cobalt. The DRC was the fourth largest producer of industrial diamonds in 2022 with a production of 4.3 million carats. The DRC has globally significant lithium deposits.

The bloody diamonds of Congo

Political will is the first and most crucial step in stopping the bloody diamond trade in Democratic Republic of Congo. Despite efforts to tame the illicit gold trade in Democratic Republic of Congo, businesses are still thriving and …

The Republic of Congo's Mineral Policies | SpringerLink

The Republic of Congo is located in Central Africa, bordering the South Atlantic Ocean. It covers an area of 342,000 km 2 and hosts a population of 4.4 million people. Its GDP amounted to 14.0 billion USD in 2013. As most sub-Saharan countries, the Republic of Congo has experienced high volatility in its economic growth levels during the past ...

Gold in the Democratic Republic of the Congo

According to GlobalData, the Democratic Republic of the Congo is the world's seventeenth-largest producer of gold in 2023, with output up by 0.5% on 2022. Over the five years to 2022, production from the Democratic Republic of the Congo decreased by a CAGR of 4.26% and is expected to rise by a CAGR of 0.88% between 2023 and 2027.

Democratic Republic of Congo: Making a killing: The …

diamond concessions?' Diamond company official: 'Nothing.'1 1. Introduction Every day blood is being spilled in the diamond fields of the Democratic Republic of Congo (DRC), and nobody in the international community is even talking about it. In the capital Kinshasa, the government is able to announce, unchallenged, its

Diamond Mining in the Democratic Republic of the Congo …

The Democratic Republic of the Congo (DRC) has deposits of diamond, coal, gold, copper, cobalt, zinc, uranium, tin, silver, manganese, tungsten and cadmium. Mining plays an important role in the Congolese economy; it contributed around 21% to the country's gross domestic product (GDP) in 2014. The Democratic Republic of the Congo had the world's …

Cobalt and Corruption: The Influence of Multinational

The history of the Democratic Republic of the Congo is littered with foreign influence and corruption. While colonial forces sought for diamonds and rubber, the nation's abundance of cobalt, a key metal in cellphone and electric vehicle construction, has fueled a recent flurry of international interest.

Democratic Republic of the Congo

There are deposits of iron ore and gem-quality diamonds in south-central Congo, while the central regions are rich in industrial diamonds. In the northeast there are gold, coal, and iron-ore deposits; there are prospective deposits of gold, monazite, and diamonds in the northwestern regions as well. Coastal Congo contains bauxite, gold, and ...

Production of Diamond in Democratic Republic of Congo, …

Diamond mining in Democratic Republic of Congo . The Democratic Republic of the Congo (DRC) has deposits of diamond, coal, gold, copper, cobalt, zinc, uranium, tin, silver, manganese, tungsten and cadmium. Mining plays an important role in the Congolese economy. The Democratic Republic of the Congo had the world's second-largest diamond ...

Geology and Resource Potential of the Congo Basin

From the discovery of diamonds in South Africa in 1866 until the end of 2013, Africa is estimated to have produced almost 3.2 Bct out of a total global production of 5.03 Bct, or 63.6% of all ...

Blood diamond: From conflict to illicit-mapping the …

Conflict diamonds are usually associated with three current wars: the civil war in Angola, the complex of cross-cutting warfare in the Democratic Republic of Congo (DRC), and the RUF "rebel war' in Sierra Leone. The conflict diamonds of today, however, have …

Preventing the export of conflict diamonds in the …

The Democratic Republic of Congo (DRC) has large reserves of cobalt, gold, gems, copper, timber, and uranium. However, the most valuable resource that the DRC possess is its large reserve of diamonds. Diamonds essentially serve as a pillar to the DRC's struggling economy. Plagued by civil unrest, the DRC is desperately trying to

Democratic Republic of the Congo

Congo, the Democratic Republic of the Country Commercial Guide. ... or nearly 68 percent of the world's cobalt. The DRC was the fourth largest producer of industrial diamonds in 2022 with a production of 4.3 million carats. The DRC has globally significant lithium deposits. ... DRC's gold mining sector is also witnessing renewed interest ...

The bloody diamonds of Congo

Political will is the first and most crucial step in stopping the bloody diamond trade in Democratic Republic of Congo. Despite efforts to tame the illicit gold trade in Democratic Republic of Congo, businesses are still thriving and the unlawful trade continues unabated.

The United States Imposes Sanctions for Illicit …

The United States today imposed sanctions on gold refiner Alain Goetz and his network for the illicit movement of gold in the Democratic Republic of the Congo (DRC). Our actions underscore the U.S. commitment to disrupt …

Preventing the export of conflict diamonds in the …

The Democratic Republic of Congo (DRC) has large reserves of cobalt, gold, gems, copper, timber, and uranium. However, the most valuable resource that the DRC possess is its large …

Peace and Security in the Congo Has Not Improved with …

Unfortunately, we found that SEC's disclosure rule has not helped to reduce violence in eastern DRC. In fact, we found the rule was associated with a spread of violence in certain areas with informal, small-scale gold mines. Locations of Violent Events and Informal Gold Mining Sites in Eastern DRC, 2010 and 2022

The Democratic Republic of Congo and mining

The Democratic Republic of Congo (DRC), lying pretty much in the centre of Africa, is geographically the 11th biggest country in the world and is well-known for its mineral riches. In its most ...

Can the Democratic Republic of the Congo's mineral …

This includes timber, oil and gas, gold and diamonds, as well as minerals critical to the energy transition, like cobalt and copper. DRC is one of the most biodiverse areas in the world. It is also a country facing many development challenges. ... In the Democratic Republic of the Congo, the hunger for minerals has stoked conflict. Photo ...

Diamonds in Democratic Republic of the Congo

At the same year, Diamonds was the 122nd most imported product in Democratic Republic of the Congo. Democratic Republic of the Congo imports Diamonds primarily from: United Arab Emirates ($26.7M), Tanzania ($10.2k), and Rwanda ($281). The fastest growing import markets in Diamonds for Democratic Republic of the Congo between 2021 and 2022 were ...

A guide to the decades-long conflict in DR Congo …

Escalating tensions in the Democratic Republic of the Congo (DRC) have once again drawn global attention to the security crisis in the African country's mineral-rich eastern region.

Diamond in the Democratic Republic of the Congo

Exports of diamonds from the Democratic Republic of the Congo declined by 0.05% in 2023 over 2022. The Democratic Republic of the Congo's diamond exports are expected to grow at a CAGR of 0.04% between 2023 and 2027. For more detailed analysis of global diamond mining, buy the report here. The gold standard of business intelligence.

Socio-environmental impacts of diamond mining areas in …

Inside the Democratic Republic of Congo's Diamond Mines. Time (2015) S. Balestri et al. Blood diamonds, dirty gold and spatial spill-overs measuring conflict dynamics in West Africa. Peace Econ. Peace Sci. Public Policy (2014) C. Banza Lubaba Nkulu et al. Sustainability of artisanal mining of cobalt in DR Congo.

Blood diamond: From conflict to illicit-mapping the …

Conflict diamonds are usually associated with three current wars: the civil war in Angola, the complex of cross-cutting warfare in the Democratic Republic of Congo (DRC), and the RUF …

Democratic Republic of the Congo

  • U.S. Government Accountability Office (U.S. GAO)https://

    Conflict Minerals: Peace and Security in Democratic Republic …

    The trade of gold, tantalum, tin, and tungsten helps finance violent conflict in the eastern region of the Democratic Republic of the Congo. To reduce...

  • Democratic Republic Of The Congo

    The Congo as a whole produces intense yellow, cognac and orange diamonds. But there is also a positive side: as these diamonds are becoming scarcer, their value will probably increase in the coming years.

    Gold in Republic of the Congo

    At the same year, Gold was the 553rd most imported product in Republic of the Congo. Republic of the Congo imports Gold primarily from: United Arab Emirates ($117k) and United Kingdom ($109k). The fastest growing import markets in Gold for Republic of the Congo between N/A and 2022 were United Arab Emirates ($117k) and United Kingdom ($109k).