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Rivers Near Congo Copper and Cobalt Mines are Toxic, Report Says [BNN Bloomberg (Canada)]

GLENCORE PLC UNSP/ADR (GLNCY) 
US:NASDAQ Investor Relations: glencore.com/investors
Company Research Source: BNN Bloomberg
Scientists from Congo's University of Lubumbashi tested water in four rivers this month near some of the country's largest mines and found them to be “hyper-acidic” or “very acidic,” according to a report Wednesday by UK-based corporate watchdog RAID and Congo's African Resources Watch, which both commissioned the research. The preliminary results indicate the four rivers “have become unable to host fish, and that their water is toxic for human and animal health.” Congo's miners use vast amounts of acid to process ore into copper and cobalt. Under the country's mining law, companies are supposed to prevent toxic wastewater from contaminating ground water or local waterways. The report, based on 19 months of research in 25 villages and towns near five major mines, suggests that more than a century of mining in the region has made key water sources unusable, and that the pollution is increasing. Nearly all farmers and fishermen surveyed said their harvests and catches had decreas Show less Read more
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