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Groups sue Trump agencies over a'secret report' used to reverse US climate rules
On Tuesday, two major environmental groups filed a lawsuit against the Trump administration. They claim that the Trump administration secretly convened a group made up of climate skeptics who prepared a document which was used to reverse the U.S. regulations on greenhouse gas emission without prior public notification. The Environmental Defense Fund, along with the Union of Concerned Scientists, filed the lawsuit at a federal district in Massachusetts. They argued that the so-called Climate Working Group, which Energy Secretary Chris Wright assembled, avoided public view, produced erroneous findings, and was illegally used by the Environmental Protection Agency to inform its decision to reverse federal climate regulations based on the scientific finding. Wright and Environmental Protection Agency administrator Lee Zeldin are named as defendants in the lawsuit. Both parties were unavailable for immediate comment. Why is this important? Preparation and use of this report have raised concerns that the United States rejects the mainstream consensus on the causes and effects of climate change, at a moment when more severe storms are causing trillions of dollars of damage across the country. The United States' refusal to acknowledge the impact of climate change, and the elimination of U.S. climate reports and data collection also reduces the urgency in which the U.S. must shift from fossil fuels to cleaner energy. Key Context The Federal Advisory Committee Act requires that all federal advisory committees be established and operated in a manner that is open to the public. KEY QUOTE Scientists have concluded that burning fossil fuels has a direct impact on the severity of heat waves and other weather conditions. This includes increased rainfall and wildfires. "We should ask ourselves who will benefit from attempts to undermine this peer-reviewed, unassailable scientific truth," said Gretchen Goldman. Reporting by Valerie Volcovici, Editing by Tomaszjanowski
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Elliott affiliate bids for Citgo parent company as competition heats-up
A filing updating the court-organized auction shows that an affiliate of hedge fund Elliott Investment Management raised its bid on the Venezuelan-owned parent of U.S. refiner Citgo Petroleum, bringing the total to $8.82 billion. The auction of PDV Holding was relaunched by the government in January, after a yearlong process that ended in chaos amid disputes over Citgo’s value and parallel legal proceedings. Last month, an officer of the Delaware Court supervising this auction recommended that a group headed by Gold Reserve bid $7.4 billion. The court received an $8.45 billion offer from a Vitol subsidiary last week, while the bid of Elliott affiliate Amber Energy came later. Next week, the court will hold an hearing to decide on the winner. Amber Energy's higher offer includes a payment provision for holders of a Venezuelan bond that has defaulted, according to an auction letter sent on Tuesday by Red Tree Investments, one of the creditors. The company stated in its filing that "Red Tree is of the opinion that Amber Energy, under Delaware law, is the highest bidder and should be selected to win the bid." Amber Energy didn't immediately respond to a comment request. Citgo and PDV Holding, both subsidiaries of Venezuelan state oil company PDVSA, are listed on the NYSE. In the Delaware case, the court found PDV Holding responsible for Venezuela's obligations, allowing creditors to sue the refiner for payment. Reporting by Marianna Pararaga Editing Bernadettebaum, Kirsty Donovan
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Wildfires, fanned and fueled by heatwaves and strong winds, rage throughout Europe, destroying houses and factories
On Wednesday, wildfires caused either by arsonists, thunderstorms, or a combination of both, fanned along by heatwaves and strong winds, continued to rage in southern Europe, destroying homes, factories, and farms, and forcing thousands of tourists and residents to evacuate. A wildfire that spread through forests, olive groves, and the suburbs of Patras in northern Peloponnese (west of Athens) set fire to a cement plant. The smoke and flames were thick. What does it look? It looks like a doomsday. "May God help us, and help these people," said Giorgos Karavanis. He was a volunteer from Athens who came to Patras for help. On Tuesday, authorities ordered the evacuation of residents in a town near Patras of approximately 7,700 residents. They issued new alerts Wednesday advising residents to leave two nearby villages. Authorities warned people on the popular tourist islands of Chios in the east and Cephalonia in the west to get to safety because fires were spreading. A volunteer firefighter in Spain died of severe burns, and several others were hospitalised after the state weather agency AEMET issued a warning that fire was a very high or extreme risk throughout Spain. Officials in the region said that the 35-year old man was trying to build firebreaks in the area of Nogarejas in central Castile-Leon when he became trapped by the fire. This is the sixth wildfire-related death in Spain this year. According to emergency services, two other victims are firefighters from Tarragona & Avila. Alexander Held, senior expert in fire-management at the European Forest Institute, warned that firefighters' lives are at risk when they work in landscapes not prepared. He said that authorities should do more to prevent and anticipate wildfires, by clearing combustible plants and creating buffer zones. Held stated that firefighters in an industrial building would refuse to enter if there were no fire alarms, sprinkler systems, fire protection doors, or escape routes. Alfonso Rueda is the leader of Galicia in the northwest. He called the situation "complicated", and said that the weather conditions were not helpful. Six fires are burning in the province of Ourense, Galicia. The combined area is 10,000 hectares. ARSON SUSPECTED Sara Aagesen, Spanish Environment Minister, told SER Radio that arsonists were suspected of causing many fires in the country due to their "virulence". A male firefighter arrested on Tuesday was responsible for the fires that started in Avila, north of Madrid, two weeks ago. Meanwhile police announced late on Tuesday that they were investigating a woman aged 63 for allegedly setting a number of fires in Galicia’s Muxia region in August. Europa Press reported that the police have identified a suspect believed to have burns on his hands from starting a small blaze in a development along the southern coast of Cadiz. Thunderstorms caused fires in other places. Residents in Andalucia flooded the fire department with calls on Tuesday shortly after 5 pm, alerting them to a fire that was caused by lightning striking a chestnut-oak forest north of Huelva. Around 250 people were evacuated, but the fire was mostly under control by Wednesday morning. The civil protection service reported that a fire in Trancoso, Portugal that had been burning since the weekend took a turn in the worst direction during the night when a lightning re-ignited a zone that was previously considered safe. Albania's Defence Minister Pirro Vegu described it as a "critical" week, with major fires burning all over the country. The defence ministry reported that on Wednesday, more than 10,000 firefighters, soldiers, and police emergency units battled 24 wildfires in total across the country. Two villages in the middle of the country were forced to flee when flames broke out in their homes. The villagers took their livestock along with them. Hajri dragoti from Narte said, "We're going to the middle of the two rivers, because the fire is here." He fled with his wife, taking a donkey, a cow and a pet dog. "We can do nothing, it's like gun powder." Spain is in the 10th day of a record-breaking heatwave. The temperatures peaked at 45 degrees Celsius on Tuesday, and AEMET expects it to continue until Monday. Pope Leo moved the weekly audience he holds in St. Peter's Square into an indoor venue at the Vatican "to avoid the extreme heat and sun" after the Italian health ministry issued heat alerts on Wednesday for 16 cities, with Florence's temperatures expected to reach 39C.
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Hudbay Minerals sells 30% stake in Arizona copper mine project for $600 Million
Hudbay Minerals announced on Wednesday that Mitsubishi Corp would buy a 30% share in its Copper World Project in Arizona for $600,000,000, providing a boost to the financing and strategic support for the U.S. Copper Mine. The transaction is expected to be completed later this year or early next. Why it's important Last month, U.S. president Donald Trump imposed tariffs of 50% on copper pipes and wiring, and other semi-finished goods. However, he exempted raw materials like ores and refined copper cathodes. Hudbay's "Made in America copper" production will strengthen the domestic chain, according to Hudbay. CONTEXT Copper World is a project being built in Pima County in Arizona. It consists of four open-pit mines for copper in the initial phase. Over the first 20 years, it is anticipated that the mine will produce 85,000 tonnes per year of copper. MARKET REACTION Hudbay, a U.S. listed company, rose by nearly 17% on the premarket. The analyst Shane Nagle at National Bank Financial says the $600m Mitsubishi joint venture deal is "significantly accretive". It highlights the rarity of shovel-ready projects in the world and the importance to invest in the U.S. essential minerals supply chain. By Number Mitsubishi will pay an initial $420 million upon closing, and the remaining $180 will be paid in 18 months. Copper World said it will help facilitate an investment of $1.5 billion in the U.S. critical mineral supply chain. (Reporting and editing by Sahal Muhammad in Bengaluru, Sumit Saha from Bengaluru)
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Geneva temporarily makes public transport free in order to combat pollution spike
In a first in Switzerland, the public transport in Geneva will be free for a limited time. This is part of a number of measures to combat the pollution spike in the city. According to the World Health Organization, Geneva in western French-speaking Switzerland is experiencing a severe peak in ozone pollution. This harmful gas can cause breathing problems, headaches, and even asthma attacks. According to a Geneva Canton statement, the city's antismog system revealed that ozone levels had exceeded the threshold for environmental safety of 180 micrograms/cubic meter in 24 hours. The government issued heat warnings in the western and southern parts for Switzerland on Tuesday as temperatures reached 37 degrees Celsius. The Environment Office of the Canton of Geneva said that high temperatures and low clouds cover cause ozone pollution to accumulate and take longer for it to disperse. To reduce traffic emissions, the public transport system in the canton was freed for the first ever on Wednesday, encouraging residents and visitors alike to use buses, trams and trains instead of their own cars. The Environment Office said that "the measures taken under this protocol of emergency aim to reduce nitrogen oxide emissions, particularly by promoting the use of public transport and restricting the circulation of most polluting cars." In a press release, the authorities announced that passengers will no longer need a ticket and that ticket checks would be suspended until pollution levels improve. Only low-emission cars can circulate in the center of the city between 6 a.m. (0400 GMT), and 10 p.m. Reporting by Olivia Le Poidevin. Editing by Miranda Murray, Rachna uppal and Rachna Murray.
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India and US nuclear regulators to meet for cooperation
India's Atomic Energy Regulatory Board said that it held a technical meeting bilaterally with the U.S. Nuclear Regulatory Commission in order to enhance cooperation on nuclear safety, regulation and legislation as India seeks to expand its nuclear energy capacity. AERB stated in a press release dated August 12 that an Indian delegation attended the meeting from August 6-8 at the NRC Headquarters in Rockville, Maryland. India is seeking to increase its nuclear power production capacity from 8 gigawatts today to 100 gigawatts in 2047. AERB reported that the countries discussed regulations for new and advanced reactors as well as codes and standards applicable to advanced reactor technologies. The AERB said that both sides identified areas of future collaboration. It was reported in April that India relaxed rules to allow foreign entities minority stakes to nuclear power projects. India's nuclear energy generation, which is just over 8 gigawatts in size, represents about 3% its total installed capacity. The statement stated that India and the United States discussed the long-term operations strategies for nuclear power stations, safety assessments and emergency preparation for small and advanced modular reactors. The state-run Nuclear Power Corporation of India has asked industries for proposals to build small electric nuclear reactors of up to 220 megawatts. This is part of the country's efforts to reduce carbon emissions and achieve its net-zero emission targets. Sethuraman N.R., Emelia Sithole Matarise (Editing)
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Wildfires, fueled by a heatwave, rage in Europe, destroying houses and factories
On Wednesday, wildfires, fanned primarily by heat and strong winds, continued to rage in southern Europe, destroying homes, farms, and factories, and forcing thousands of tourists and residents to evacuate. A wildfire that spread through forests, olive groves, and the suburbs of Patras in northern Peloponnese (west of Athens) set fire to a cement plant. The smoke and flames were thick. What does it look like?" It looks like a doomsday. "May God help us, and help these people," said Giorgos Karavanis. He was a volunteer from Athens who came to Patras for help. On Tuesday, authorities ordered the evacuation of residents in a town near Patras of approximately 7,700 residents. They issued new alerts Wednesday advising residents to leave two nearby villages. Authorities warned people on the popular tourist islands of Chios in the east and Cephalonia in the west to get to safety because fires were spreading. A volunteer firefighter in Spain died of severe burns, and several others were hospitalised after the state weather agency AEMET issued a warning that fires could occur anywhere across the country. Officials said that the 35-year old man was trying to build firebreaks in central Castile-Leon region near Nogarejas when he became trapped by the blaze. In villages in Castile-Leon, more than 5,000 residents were evacuated after firefighter hosed down burning houses and warehouses. Alfonso Rueda is the leader of Galicia in the north-west. He called the situation "complicated", and said that the weather conditions were not helpful. Six fires are burning in the province of Ourense, Galicia. The combined area is 10,000 hectares. ARSON SUSPECTED Sara Aagesen, Spanish Environment Minister, told SER Radio Station that arsonists are suspected of causing many fires in the country due to their "virulence", although it is too early to know how many. Albania's Defence Minister Pirro Vegu described it as a "critical" week, with major fires burning all over the country. Delvina is a southern city where evacuees have returned home, but authorities remain vigilant. The heatwave that has affected large areas of the continent has made it difficult to put out the fires. Spain is in the 10th day of a record-breaking heatwave. The temperatures peaked at 45 degrees Celsius on Tuesday, and AEMET expects it to continue until Monday. Pope Leo moved the weekly audience he holds in St. Peter's Square into an indoor venue at the Vatican "to avoid the extreme heat and sun" after the Italian health ministry issued heat alerts on Wednesday for 16 cities, with Florence's temperatures expected to reach 39C (102F). Reporting by LouizaVradi, David Latona, and Gavin Jones. Writing by Charlie Devereux. Editing by Alex Richardson.
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Thyssenkrupp nucera abandons US projects for green hydrogen that are no longer considered feasible. -CEO
Thyssenkrupp nucera's CEO announced on Wednesday that the company is currently in discussions with all stakeholders regarding its U.S. project portfolio and has abandoned those projects no longer considered feasible because of tax and spending reforms initiated by U.S. president Donald Trump. The global demand for green hydrogen had stagnated amid concerns among clean-tech industry players about what Trump's policy would mean for the sector. Werner Ponikwar, the chief executive of Thyssenkrupp Nucera, said that the company was more confident about the financial viability for U.S.-based projects following the passage of U.S. laws eliminating some tax credits on low-carbon sources of energy. Ponikwar told journalists in a conference call after the company announced its results, "We have eliminated all projects with a lower chance of success due to the changes in U.S. framework conditions." Trump's tax and spending legislation has made it more difficult to develop green technology projects in the U.S., by phasing them out after 2026 for projects that haven't started construction. Ponikwar stated that Thyssenkrupp will be able advance projects in the state sector, particularly those at an advanced stage, if construction begins before a new deadline of end 2027. Ponikwar stated that "we are convinced that there is still a lot of potential in the market for hydrogen electrolysis." He added that the company must be patient and wait longer than they had initially anticipated. Ponikwar reiterated his comments from December, saying that if U.S. project do not materialize, Thyssenkrupp Nucera would use its U.S. resource "for other purposes".
The mine that funds Congo's rebels and feeds the tech industry
Under the watchful eyes of M23 rebels, in the hills surrounding the Congolese city of Rubaya a line men in rubber boot ferry sacks of crushed stones up winding paths cut in to the slopes.
Coltan, a mineral which powers modern technology, is being hauled by the workers. The ore is loaded onto motorbikes, and then shipped thousands of kilometers to Asia. The ore is then processed into tantalum - a heat resistant metal which fetches over $300 per kilogram. It's in demand by manufacturers of mobile phones and computers as well as aerospace components and gas engines.
Rubaya is responsible for 15% of all the coltan produced in the world. Coltan is mined by hand, and locals earn just a few dollars a day. The control of this mine is at the heart of a long-running war in this nation in central Africa.
M23, the rebel group backed by Rwanda's government, took over the area in April 2024. The heavily-armed M23 rebels, who claim to be fighting for the overthrow of the Kinshasa government and the safety of Congolese Tutsi minorities, have captured more mineral-rich land in eastern Democratic Republic of Congo this year.
M23 and DRC pledged to sign an agreement in Doha, Qatar, at a ceremony this month. The United States mediates parallel talks between Congo, Rwanda and a potential investment of billions in the event that hostilities end.
The United States Treasury sanctioned on Tuesday other alleged participants of minerals smuggling, including PARECO FF, a progovernment Congolese milita that the U.S. claimed controlled the Rubaya mine site from early 2024 to 2022, before M23 took over.
PARECO-FF was not available for comment.
A senior U.S. official was asked at a briefing by the press why Washington targeted PARECO-FF and not M23. He noted that sanctions have been placed on M23 since 2013 because it has fuelled conflict in the area.
John K. Hurley said that the Treasury Department would not hesitate to act against groups who deny the United States or our allies the access to critical minerals essential for our national security.
Jason Stearns is a former U.N. inspector in Congo. He said that the fact that M23 wasn't targeted by the new mining sanctions was surprising.
M23's advances pose the greatest threat to Kinshasa's government in the last two decades. The conflict stems from the 1994 Rwandan genocide in which around one million members of Rwanda's Tutsi group were killed by Hutu-led militias.
The Rwandan government has denied for years that it is involved in the trade of coltan, looted by its neighbor, or that it supports M23. Rwanda's ruling Tutsi majority party shares the same concern as M23 about the alleged threat of rival Hutu groups in eastern Congo. According to a U.N. document reviewed by the Associated Press on July 3, Rwanda had deployed between 1,000 and 1,500 troops into rebel-controlled Congo areas as of April.
M23 controls two important Congolese towns - Goma, and Bukavu on the Rwandan border. U.N. Investigators claim that Congolese minerals, which are often transported illegally to Rwanda through these cities, are mixed with Rwandan coltan before being exported.
M23, the Rwandan government and the Congolese government did not respond to comments. Congolese officials accuse Rwanda of fomenting conflict in order to plunder Congo’s mineral wealth.
A U.N. December report stated that the size of the trade increased after M23 captured Rubaya. U.N. report: The rebels established a parallel government that controlled mining, trade, transportation, and taxation on the minerals produced in Rubaya.
Reporters visited Rubaya, in March of this year. M23 officials told them that the rebels had levied a 15% tax on the coltan the mineral traders purchased from the informal miner's who worked the area. According to a U.N. report from December, M23 collected $800,000 per month from levies on coltan mined in eastern Congo.
MUD AND MOTORBIKES
Rubaya is a beehive of pits that are so vast and complex, it's a huge undertaking to reach them. Journalists who visited the mines in March were forced to abandon their Land Cruisers when they became stuck on a muddy road leading from Goma. The journalists walked for 5 km (3 miles) in order to get to the town, and then they hopped onto motorcycles with rebel officials so that they could reach the mines.
The activity in Rubaya starts before dawn when thousands of miner descend into the pits cut in the rolling hills of Congo’s North Kivu Province, where many work in 12-hour shifts.
Tunnels can reach a depth of up to 15 meters (49 feet). Porters transport the ore fragments to shallow basins filled with water dug by laborers. Other workers, including children and women, then wash and separate the ore from debris and sand before laying it out in the sun to dry.
The journalists were closely supervised by M23 personnel who were unarmed throughout their stay in the mining area. Reporters saw rebel officials jotting in a notebook the number of sacks that each porter, covered in fine white dust, carried to each collection point. Once the ore has dried, it's stacked onto motorbikes and transported to Rubaya where it is sold by traders.
Pascal Mugisha Nsabimana (32), a miner from Congo, was told by a M23 chaperone that it is better to work under rebel occupation than to labor under the supervision and control of the Congolese military or its allies who fled the area when M23 invaded the region last year.
In the past, "there was a lot of harassment, a lot of taxes and we, as diggers, often were not paid." The miner added that even when they did get paid, it was not enough. He said that under M23, his day rate has at least tripled.
According to over a dozen sources, including former and current smugglers as well as miners and businessmen, in the months immediately following the M23 takeover of Rubaya, Congolese troops remained along the border. Smugglers then used motorcycles to sneak ore into Rwanda by using backroads. According to two former smugglers, who transported coltan in this manner until last year, the journey could take a whole day. The two ex-smugglers said that they would load their bikes with three bags of 50 kilograms each time and receive about $34 per trip for delivering the coltan to traders.
Nine of these people stated that M23's changes have been a game changer for efficiency. Motorcycles are not the main means of transportation anymore, and they are only used to transport the coltan to Rubaya from the mine. According to the U.N. report and the people, ore is then loaded into SUVs, pickups, and other vehicles that can haul anywhere between two to twenty tons. It is also faster. Coltan trucks are now able to pass through Goma on paved roads, since M23 has taken control of the border city and driven Congolese forces out. This, according to people, has shortened transport times.
Experts at the United Nations and human rights activists warn that illegal mining profits are used to fund conflict. The trade, they say, has not brought much wealth to the locals and child labor is very common. At least 12 children were seen working in the Rubaya Mine: Boys entered the shafts and hauled out the ore, then carried it to basins where the girls washed and dried the coltan alongside the adults.
Gregory Mthembu Salter, former U.N. expert in Congo, who is now a consultant on conflict minerals said that efforts made by the mining industry and U.N. agencies, as well as non-government organisations, to clean the supply chain of the region and prevent human right abuses, which began around 2010, have failed.
Mthembu Salter, Phuzumoya Consulting's director, said: "The same thing has happened 15 years after."
U.S. INVESTORS LOOK AT RUBAYA RICHES
Some U.S. investors have also targeted Rubaya's riches in coltan as President Donald Trump tries to broker a deal to end conflict and promote the development of the mineral wealth of the region. These riches in Congo include cobalt reserves, gold, diamonds, copper, and lithium. The formal mining sector of the country is currently dominated by Chinese firms.
According to a source with direct knowledge, Texas hedge fund manager Gentry beach, who is the chairman of America First Global, and raised funds for Trump's 2016 election campaign, was part of a group that sought to negotiate the rights to Rubaya Mine. Gentry Beach's interest in Congo coltan was first reported by The Financial Times.
Sources told us that Beach's Group had proposed the Congolese Government to take a majority stake, while Kinshasa retained a 30% share.
Beach expressed his interest in a project but refused to give any additional details.
Some U.S. legislators are pushing back. In a letter sent to Trump and U.S. secretary of state Marco Rubio on August 8, more than 50 Democratic members of congress criticized the lack of transparency of the DRC negotiations by the Trump administration. The Democratic congress members also expressed concern about a possible conflict of interest if a Trump ally was angling to obtain rights to develop Rubaya Mine.
Anna Kelly, White House Deputy press secretary, said in an email statement dated 5 August that the agreement Trump arranged between Congo and Rwanda has the potential of leading to lasting peace in the region. The president's vision is a "win-win outcome where all parties benefit--economically and politically--through cooperation and shared prosperity," the statement said. She did not answer a question about the letter sent by congressional Democrats.
The U.S. State Department made no comment. In a statement released on August 1, the State Department stated that it would support efforts made by Rwanda to promote security and economic co-operation. According to the statement which didn't go into detail, heads of state will be invited to Washington soon for a summit.
The U.S.-backed agreement does not include the M23. The rebel group is a part of a parallel, separate mediation that Qatar has led to try and end hostilities. Success in the Doha talks is crucial to a lasting peace and to making Rubaya a safe place for Western mining interests.
Some analysts and diplomats are unsure about the chances of a quick resolution.
Congo and the M23 rebels agreed in Doha that a deal would be reached by August 18th. The U.N. says that the U.S. has a responsibility for the deaths of 319 civilians last month in eastern Congo.
Could not independently confirm these killings. M23 leader Bertrand Bisimwa said to the news agency that the group would investigate. He also suggested reports of atrocities were a "smear" campaign against the insurgent.
The U.S.-brokered agreement calls for Rwandan soldiers to withdraw from Congo. Last month, Rwandan President Paul Kagame stated that he wasn't sure if the agreement would stand.
Kagame stated that the Congo must first fulfill its promise to defeat the Democratic Forces for the Liberation of Rwanda, an ethnic Hutu group based in eastern Congo and linked to the Rwandan Genocide. Kigali views the FDLR as an existential danger.
Josaphat Muamba, a Congolese Ph.D. student at Ghent University, Belgium, said that suppressing the militias would be a difficult task for the DRC military, as it is not present in vast swathes M23-controlled land.
Musamba stated that it was difficult to neutralize FDLR while M23 were still in place and the Congolese Army had not been redeployed. He called both peace initiatives "piecemeal efforts" that don't deal with "the realities on the ground."
A senior diplomat, who closely follows the events in Rubaya, stated that another formidable task would be to transform Rubaya's crude system for coltan extraction.
The diplomat stated that "no one speaks about the feasibility of granting these mining concessions or running these concessions. Especially since the entire mine is artisanal" done almost exclusively by hand.
(source: Reuters)