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OECD seeks to integrate conflict minerals rules.

Post By: Organic Development on Wednesday, 06 July 2011

The Organisation for Economic Co-operation and Development (OECD) is expected to make a formal request that the US Securities and Exchange Commission (SEC) makes explicit reference to existing, internationally agreed due diligence guidelines when it releases new “conflict minerals” reporting rules shortly. The SEC is in the final stages of considering the interpretation of the US Dodd-Frank Wall Street Reform and Consumer Protection Act and may release the new ‘rules’ sometime in August. The OECD believes that its own...

Katanga promotes conflict-free" status "

Post By: Organic Development on Wednesday, 22 June 2011

The Democratic Republic of Congo’s south eastern Katanga province has begun promoting itself as a source of conflict-free minerals, Bloomberg reported. The trade in tin ore, coltan, gold and wolfram from Central Africa ground to a halt in April when new auditing guidelines for mineral processors by the US-based Electronic Industry Citizenship Coalition and the Global e-Sustainability Initiative took effect. The two groups have been hosting meetings in Washington DC, USA, this week to discuss the situation.

“In Katanga...

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