Wikipedia:
Conflict minerals are minerals mined in conditions of armed conflict and human rights abuses, mostly in the eastern provinces of the Democratic Republic of the Congo, by the Congolese National Army, and various armed rebel groups, including the Democratic Forces for the Liberation of Rwanda (FDLR) and the National Congress for the Defense of the People (CNDP), a proxy Rwandan militia group.
The looting of the Congo’s natural resources is not limited to domestic actors; during the Congo Wars, Rwanda, Uganda and Burundi particularly profited from the Congo’s resources. These governments have continued to smuggle resources out of the Congo to this day.
The profits from the sale of these minerals finance continued fighting in the Second Congo War, and control of lucrative mines becomes a focus of the fighting as well.
The most commonly mined minerals are cassiterite, wolframite, coltan, and gold, which are extracted from the Eastern Congo, and passed through a variety of intermediaries before being purchased by multinational electronics companies.
These minerals are essential in the manufacture of a variety of devices, including consumer electronics such as mobile phones, laptops, and MP3 players.
The extraction and sale of blood diamonds, also known as “conflict diamonds”, is a better-known phenomenon which occurs under virtually identical conditions.
Ah OK, I believe the article was talking about wood supposedly culled from an endangered species habitat not conflict diamonds funneling money to terrorists or strategic minerals, and the point I believe we were making is that this seems like a huge expenditure of resources to probably go after a company like Gibson that doesn’t cowtow to Zero.
http://www.conservapedia.com/Jimmy_Wales
Wikipedia. Really?
I know this story may not be specifically related to Conflict Minerals or SOX but it’s the same tired story different chapter. When I read it I totally expected HS to use Conflict Minerals as their excuse for the raid. I’m guessing many people haven’t heard about Conflict Minerals...yet. It’s coming and will put more American companies out of business. That’s pretty much Obama’s whole agenda, right? There’s a LOT to it, but here’s a place to start if you’re interested...
http://www.sec.gov/News/PressRelease/Detail/PressRelease/1365171484002#.UkcAtKNOnFo
Long live Cb.