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Reply #7: Guns Money and Cell Phones [View All]

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chlamor Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Mar-23-05 11:18 PM
Response to Reply #4
7. Guns Money and Cell Phones
The following is reposted from the publication The Industry Standard and looks into one of the economic reasons behind the war in the Democratic Republic of Congo and the commercial interests of major computer and cell phone related companies in the exploitation of the DRC which comes at a massive cost to civilian life. The original article at http://www.thestandard.com/article/0,1902,26784,00.html has now expired, but is preserved here.

Guns, Money and Cell Phones
By Kristi Essick
The Industry Standard Magazine
Issue Date: Jun 11 2001

The demand for cell phones and computer chips is helping fuel a bloody civil war in the Democratic Republic of Congo.

The offer turned up a few weeks ago on an Internet bulletin board called the Embassy Network. Among the postings about Dutch work visas and Italian pen pals lurked a surprisingly blunt proposal: "How much do you want to offer per kilogram? Please find me at least 100,000 U.S. dollars and I will deliver immediately."

The substance for sale wasn't cocaine or top-grade opium. It was an ore called Columbite-tantalite - coltan for short - one of the world's most sought-after materials. Refine coltan and you get a highly heat-resistant metal powder called tantalum. It sells for $100 a pound, and it's becoming increasingly vital to modern life. For the high-tech industry, tantalum is magic dust, a key component in everything from mobile phones made by Nokia (NOK) and Ericsson and computer chips from Intel (INTC) to Sony (SNE) stereos and VCRs.

http://www.globalissues.org/Geopolitics/Africa/Articles/TheStandardColtan.asp
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