Thursday, December 11, 2008

Downturn Could Cost DRC 300,000 Jobs

From Bloomberg:
Barthelemy Mumba Gama, minister of mines for Katanga, says that as many as 300,000 people will lose their jobs this year in the mineral-rich province as the global economic slump depresses metal prices. Forty-five of 75 companies with metal-treatment facilities in the region have stopped operating since metal prices collapsed earlier this year.

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