DIRS.INFO The most relevant business & tech news

The report highlights the numerous human rights violations that have occurred as a result of mining activity. The mine is operated by Compagnie Minière de Musonoie Global SAS, or COMMUS, a joint venture between Chinese company Zijin Mining and the state-owned Gecamines mining company. Often there was no grievance mechanism, accountability, or access to justice.”Amnesty International says companies are not doing enough to address human rights concerns and are disregarding international human rights laws and standards, as well as national legislation and U.N. Guiding Principles on Business and Human Rights. Decarbonizing the global economy must not lead to further human rights violations,” it said.

Persons: “ Ernest Miji, Chemaf, COMMUS, Donat Kambola Organizations: Amnesty International, U.S . House, Good, Human, Resources, Residents, Coalition, Rights, Amnesty, Compagnie Minière de, Global SAS, Mining, AP Locations: ABUJA, Nigeria, Congo, U.S, Kolwezi, Lualaba Province, Lualaba, Dubai, Cité

☆ The Metals Company announces a controversial timeline for deep sea mining that worsens the divide in an already bitter battle
▼ + stars: | 2023-08-04 | by ( Catherine Clifford | In Catclifford | ) www.cnbc.com time to read: +12 min

It then went public in 2021 through a special purpose acquisition company, or SPAC, and is looking to establish deep sea mining as a business. "Voices against deep sea mining have never been so loud — from the fishing sector to financiers, indigenous peoples, scientists and big business." In addition, the findings of the study do not mean that Benchmark is endorsing deep sea mining, she added. Deep sea mining won't replace land-based mining, but rather will simply add another source of minerals, she said in March. Regardless, Singh says, there is a lot of work yet to be done by members of the council to establish regulations before any deep sea mining commences.

Persons: Gerard Barron, Carolyn Cole, it's, Amon, That's, Louisa Casson, Charlotte Selvey Miller, Miller, that's, Barron, Kannah, Pradeep Singh, It's, Singh, Allseas, — Organizations: The Metals Company, Los Angeles Times, Authority, ISA, Metals Company, Maersk, CNBC, Greenpeace, Company, Benchmark Mineral Intelligence, Benchmark, Democratic, PT Vale Indonesia, . Geological Survey, Metals, Mining, Darton Commodities, Afp, Getty, International Union for Conservation of Nature Locations: Clarion, San Diego, Norway, Mexico, United Kingdom, Texas, Canada, Indonesia, Russia, Democratic Republic of the Congo, Sorowako ., Amon, Kolwezi, Shabara, Congo, Pacific, Nauru, Tonga, Kiribati

☆ Glencore Subsidiary Sentenced, Ordered to Pay $30 Million to Medical Company
▼ + stars: | 2023-02-28 | by ( Dylan Tokar | Richard Vanderford | ) www.wsj.com time to read: +4 min

A Glencore lawyer on Tuesday said the company now expects to pay as much as $1.5 billion in total penalties, up from the $1.2 billion it initially agreed to pay last year. Glencore faced several restitution claims after agreeing to its settlement last year, including from Petróleos Mexicanos SA de CV, or Pemex, Mexico’s state-owned oil company. The negotiated monetary penalty paid by the Glencore subsidiary is lower than what is called for under federal sentencing guidelines, a reflection of Glencore’s cooperation, Judge Schofield said at Tuesday’s sentencing. Glencore gave prosecutors more than a million documents, including from overseas, where prosecutors lack subpoena power, the judge said. The company also agreed to overhaul its compliance program and will be under an independent monitorship for three years, she said.

☆ Demonstrators in DR Congo demand pope meet sexual abuse victims
▼ + stars: | 2023-02-02 | by ( Benoit Nyemba | ) www.reuters.com time to read: +2 min

REUTERS/Luc GnagoKINSHASA, Feb 2 (Reuters) - Around two dozen activists and sexual abuse victims demonstrated in Democratic Republic of Congo's capital on Thursday across the road from a cathedral where Pope Francis was meeting clergy. They held up placards, including some demanding that the pope meet with clergy abuse victims in the country. The demonstration in Kinshasa was organised by Ending Clergy Abuse (ECA), an international group, one of many that have been bringing attention to sexual abuse in the worldwide Church. There were no plans for the pope to meet with victims of sexual abuse in Congo, where about 50% of the population is Roman Catholic. The 86-year-old pope has met with many victims of sexual abuse, both in Rome and on foreign trips.

The pledge was praised widely at last year's COP26 climate summit, particularly as Brazil, Indonesia and Congo all signed on. To fulfill the pledge, the world would need to ensure 10% less area is deforested on average each year from 2021 to 2030. Most countries under the pledge have yet to detail plans for passing stronger forest protections or implementing them. BRAZILThe biggest rainforest country also leads the world in deforestation, as the Amazon falls rapidly to illegal logging, agriculture and land speculation. Deforestation driven by land-clearing for palm oil plantations continued to slow in the first seven months of the year - even as palm oil prices soared.

☆ Medical Company Seeks $50 Million From Glencore Over Congolese Bribe
▼ + stars: | 2022-10-26 | by ( Dylan Tokar | ) www.wsj.com time to read: +2 min

A company founded by a South African husband and wife to provide medical care for Congolese miners asked a federal judge in Manhattan for $50 million in restitution for the harm it said it suffered from a bribery scheme involving Glencore PLC. Glencore, an Anglo-Swiss commodities company, in May agreed to pay about $1.2 billion to resolve long-running investigations by U.S., U.K. and Brazilian authorities into bribery and market-manipulation misconduct. Newsletter Sign-up WSJ | Risk and Compliance Journal Our Morning Risk Report features insights and news on governance, risk and compliance. After a dispute over the appointment of a manager to oversee those contracts, Kamoto terminated the agreements, according to Crusader Health. The bribe, which was described in settlement documents between Glencore and the U.S. government, ultimately forced Crusader Health to shut down, the company said.

Search resuls for: "Kolwezi"

6 mentions found