Responsible for more than 70% of global cobalt production, the Democratic Republic of the Congo (DRC) is leading the way for improving the living conditions of over 40 million people in global artisanal mineral supply chains.
In the World Economic Forum's recent white paper, "Making Mining Safe and Fair: Artisanal Cobalt Extraction in the Democratic Republic of the Congo," NYU Stern's Center for Business and Human Rights contributes to the discussion on how companies are formalizing the artisanal and small-scale mining sector by setting standards for basic infrastructure, health and safety standards, and monitoring and evaluation.
Excerpt: "Artisanal mining is a lifeline for millions of impoverished people in the DRC. We need to see companies working with the authorities to formalize it – make it safer, remove children, provide miners with a fair price."
Click here to read the full white paper.
DRC Takes the Lead in Safe & Fair Mining
Tuesday, September 1, 2020