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Well, well, the DRC's politicans were taught very well, by Leopold 2 of Belgium and his Belgium henchmen.
"In the last years of the 19th century and beginning of the 20th, King Leopold II of Belgium ruled the Congo Free State with a tyranny that was peculiarly brutal even by the cruel and deeply racist standards of European colonialism in Africa. He ran the country – now known as the Democratic Republic of Congo – as a personal fiefdom, looting ivory and rubber and murdering millions before the international community stepped in to demand he bequeath the country to the Belgian state.
Yet debate over his legacy has remained muted in Belgium, where hundreds of roads are named after the king along with memorials dedicated to his memory and glory.
Now, under pressure from a growing movement that believes Belgium needs to confront its past, attitudes in the corridors of power are starting to change. As part of a belated reckoning with its colonial history, museums are showcasing sins that were previously overlooked, the tone of history books in school is shifting and, in a development unthinkable until recently, cities have started to remove street signs commemorating Leopold II and openly denounce his legacy."
Some put the body count as high as 20 million. An appalling prolonged episode of looting, murder, raping, mayhem ... etc
https://www.historytoday.com/archive/contrarian/belgiums-heart-darkness
I had a well meaning friend, a missionary, go into the DRC about 15 years ago, withthe best of intentions and defintiely against my advice. She was going to place where she was going to be the only white woman for 50 or more kms. After a year or so she quietly retreated back to Australia, where she now lives. She has never spoke about her experiences in the DRC, and I expect probably never will.
Going to take generations of consistently sound, ethical work to get over this barbarious set of teachings ...
In the meantime, best to stay clear.
the goldgnome.
Well, well, the DRC's politicans were taught very well, by Leopold 2 of Belgium and his Belgium henchmen.
"In the last years of the 19th century and beginning of the 20th, King Leopold II of Belgium ruled the Congo Free State with a tyranny that was peculiarly brutal even by the cruel and deeply racist standards of European colonialism in Africa. He ran the country – now known as the Democratic Republic of Congo – as a personal fiefdom, looting ivory and rubber and murdering millions before the international community stepped in to demand he bequeath the country to the Belgian state.
Yet debate over his legacy has remained muted in Belgium, where hundreds of roads are named after the king along with memorials dedicated to his memory and glory.
Now, under pressure from a growing movement that believes Belgium needs to confront its past, attitudes in the corridors of power are starting to change. As part of a belated reckoning with its colonial history, museums are showcasing sins that were previously overlooked, the tone of history books in school is shifting and, in a development unthinkable until recently, cities have started to remove street signs commemorating Leopold II and openly denounce his legacy."
Some put the body count as high as 20 million. An appalling prolonged episode of looting, murder, raping, mayhem ... etc
https://www.historytoday.com/archive/contrarian/belgiums-heart-darkness
I had a well meaning friend, a missionary, go into the DRC about 15 years ago, withthe best of intentions and defintiely against my advice. She was going to place where she was going to be the only white woman for 50 or more kms. After a year or so she quietly retreated back to Australia, where she now lives. She has never spoke about her experiences in the DRC, and I expect probably never will.
Going to take generations of consistently sound, ethical work to get over this barbarious set of teachings ...
In the meantime, best to stay clear.
the goldgnome.
The opinion of a gold mining analyst with experience in that region.
I would sell any share of a company involved in the DRC or wanting to get involved there. This is based on my experience of 8 months in Kinshasa, the worst days in my life. They are a bunch of thieves and will always find another trick to steal the project partially or totally.
The proof is in the pudding; there are virtually no large reputable companies there. When a Freeport McMoran sells out of one of the best copper project in the world (= Tenke Fungurume) it should tell you all.
might be looking to dump its operations in DRC next... country specific notes from their latest presentation;
- Various mining facilities on care and maintenance in DRC with a number of projects shelved because of the impact of the 2018 Mining Code
- The 2018 Mining Code has many problems which make investment into the DRC, under the conditions of low global growth and low commodity prices, distinctly unattractive
- One of the impacts of 2018 Mining Code is that mining operators cannot take cash out of country to pay dividends or loans
- We have to reconcile and balance the legal and policy framework in DRC against the long term commodity prices and relative attractiveness of the DRC
- Labor related regulation: increased of Social Security rates and minimum wage on a populist basis and in violation of the regulatory background within which miners operate
- Illegal settlers pose a threat to our mining schedule in established exclusion zones, this requires an urgent resolution
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No doubt Mark Bristow still believes in parts of Africa but it sure sounds like the curtain is falling on the DRC ... a shame cause they've spent hundreds of millions in development...