Glencore under fire over Congo as investors meet

Commodities trader Glencore faced calls for greater transparency around its deals in Congo, one of its most promising but most controversial jurisdictions, as it prepares for its first shareholder meeting since listing. Anti-corruption campaign...

Sustainable development takes centre stage at indaba

Devising a successful business strategy by addressing the environmental and social challenges faced by mining companies will be one of the main focus points for this year’s Investing in African Mining Indaba’s sustainable development segment.

Chinese firm begins Zimbabwe diamond sales

Chinese-owned Anjin Investments has started selling its two-million carats of stockpiled diamonds mined in Zimbabwe after global gem regulator Kimberley Process allowed the firm last month to begin exports, State media reported on Tuesday. The...

Global Witness pulls out of blood diamond scheme

Campaign group Global Witness has pulled out of the Kimberley Process, a scheme designed to prevent "blood diamonds" from entering the mainstream market, calling the scheme outdated and a failure, almost nine years after its launch. In a damning...

Group calls for resource-sector transparency

A UK-based humanitarian group leading the fight for corporate disclosure on payments to third world governments for raw materials, has called on the G8 meeting in Canada this week to back its campaign.

Gems-for-arms trade under attack

Delegates at a three-day conference on ‘blood diamonds’ in Angola will seek a plan to block the trade in conflict gems that has thrived despite United Nations (UN) sanctions, the Angolan government said.