Commodities

LME to donate $1.7 mln to responsible sourcing projects in Africa

The London Metal Exchange said on Wednesday it will donate $1.7 million to the charities Pact and the Impact Facility to fund two responsible sourcing projects in Zambia and the Democratic Republic of Congo.

Adds comment

LONDON, June 16 (Reuters) - The London Metal Exchange said on Wednesday it will donate $1.7 million to the charities Pact and the Impact Facility to fund two responsible sourcing projects in Zambia and the Democratic Republic of Congo.

The projects will focus on tackling child labour and children's rights issues in mining communities.

Pact, with its expertise in artisanal and small-scale mining, will undertake a three-year project in the central and copper-belt provinces of Zambia.

The Impact Facility, a sustainability organisation, will undertake a three-year project to reduce the number of children working in mines by providing support to existing schools in Congo, encouraging attendance and raising the quality of care for students.

(Reporting by Pratima Desai; editing by Andrew Heavens and Louise Heavens)

((pratima.desai@thomsonreuters.com; +44 207 513 5681;))

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Other Topics

World Markets

Latest Markets Videos

    Reuters

    Reuters, the news and media division of Thomson Reuters, is the world’s largest international multimedia news provider reaching more than one billion people every day. Reuters provides trusted business, financial, national, and international news to professionals via Thomson Reuters desktops, the world's media organizations, and directly to consumers at Reuters.com and via Reuters TV.

    Learn More