Join us as we launch this first issue, which focusses on the regulatory frameworks and on states’ capacities to implement policies and manage the mining and extractives sector.
The Southern Africa Resource Watch (SARW) and its civil society partners in the Democratic Republic of Congo (DRC) are very concerned that the suspension of the conflict minerals rule promulgated by the Securities Exchange Commission (SEC) pursuant to Section 1502 of the Dodd-Frank Act will negatively impact peace, stability and development in the DRC, and the Great Lakes region. We urge the Trump Administration not to suspend this critical section of the law.
This report measures and compares SADC countries capacity and ability to manage the mining sector. Today’s governments are challenged with creating new approaches to governance that enable them to better exploit the developmental potential provided by mineral resources. Establishing regulatory frameworks and state capacity to ensure that activities of mining companies are compatible with efforts to promote inclusive and sustainable development are central to this challenge.
South African Banks are often key funders of a number of mining companies. Questions abound on the nature of these deals and the lack of transparency that surrounds them. There are concerns about whether banks do due diligence before they fund any mining activities to guide against corruption, social, environmental and human rights abuses that are linked to mining. This report interrogates the funding commitments of South African banks in mining in SADC and considers whether they can do things differently.
L'opacité entourant la vente d'actions Freeport-McMoran dans Tenke Fungurume Mining (TFM) à la China Molybdenum a soulevé de sérieuses préoccupations de la population.
SARW organises a conference on the case known as Argor, a Swiss Gold rafiney. The Argor Case is a case in which it refined nearly three tons of Congolese gold between 2004 and 2005 without complying with the due diligence principle or wondering whether the gold was legally or illicitly traded. Argor was taken to the Swiss Confederation Court by international NGOs. After years of investigation, the case was dismissed in March 2015, as the Congolese State failed to appear as plaintiff. This case exposes regrettably the inability of the Congolese State to claim on time, even when the conditions are in its favour, its property rights over its own property that has been illegally traded.
We are also witnessing an increase in social inequalities and wide spread socio-economic deprivation. These human rights abuses are at the core of disputes and confrontations between communities and companies.
Behind SARW’s appointment are the various activities since 2010 to tackle the illegal exploitation of natural resources in the Great Lakes Region, the Alternative Summit on the margins of ICGLR Heads of State Special Summit.
Opening Statement by Dr Claude Kabemba, Director of the Southern Africa Resource Watch, on behalf of Civil Society
Her Excellency Mrs Fatima Haram Acyl, Commissioner for Trade and Industry (AUC)
Ms Fatima Denton, Director Special Initiatives Division at the UNECA
Representative of UNDP
Representative of the African Development Bank
Representative of African Governments
Ambassadors and Members of the Diplomatic Corps
Colleagues from civil society
Ladies and Gentlemen,
The ongoing collapse of mineral prices on the international market, growing debt crisis and dwindling revenue to finance socio-economic development in African countries has refocused attention on how to optimally use the continent’s vast mineral sector through speedy implementation of the African Mining Vision.