mineral wealth

A miner at work at a mineral extraction site in Murmansk, Russia.

ILO/Marcel Crozet

Share gains from extracting precious raw materials more equitably, guard against pitfalls: UN chief

25 May 2021

Extracting minerals, metals and other valuable raw materials from the earth, represents a “crucial juncture” between resources, ecosystems and people, all of which have an essential role to play in advancing sustainability and equity, the UN chief said on Tuesday.

Rich yet Poor: The Democratic Republic of the Congo

19 October 2015

General News

If there's one country that exemplifies the difficulty in transforming mineral wealth into inclusive growth, it's the Democratic Republic of Congo; that’s according to the International Monetary Fund (IMF).

The IMF's latest annual economic assessment indicates while growth rates in the African country for 2014 were as high as 9.2 per cent, the poverty rate is still one of the worst in the world.

Bruce Edwards has been speaking to Norbert Toé, IMF mission chief for The Democratic Republic of the Congo.

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