Congo, Democratic Republic of the
Child Labor: Major device makers including Apple, Samsung, and Microsoft were reportedly involved
The child labor reported is taking place in the Democratic Republic of the Congo in cobalt mines. The estimation says that about 40,000 children are working for the mines. Companies listed in the report gave various responses following the accusations.
China abolishes rare earth export quotas
China has scrapped a quota system aimed at restricting exports of rare earths, a group of 17 metals used in high tech sectors, as it moves to comply with a World Trade Organisation (WTO) ruling last year, official Chinese media reported on Monday.
African mineral exploration poised to drop amid lack of funding sources
African mineral exploration activity is poised to drop by 15% to 20% in 2014 as sources of funding have dried up due to difficult economic problems, according to David Cox, senior sales executive of SNL Metals Economic Group.
Total sells 15% stake in Congo oil exploration and production unit to Qatar Petroleum International
Petroleum firm Total SA has put up for sale a 15% stake in its Congo oil exploration and production unit Total E&P Congo. The said holding was sold to Qatar Petroleum International for $1.6 billion.
