UN sends more troops to Congo's copper-producing Katanga province

|By:, SA News Editor

The UN is sending extra troops to the copper producing Katanga province in Congo in an attempt to quell a growing insurgency that has threatened the province's mining sector.

Congo's copper production hit a record high of 900K metric tons last year, but recent violence is threatening the industry, where such companies as Freeport McMoRan (FCX), Glencore Xstrata (GLCNF, GLNCY) and Ivanplats are operating multibillion-dollar copper and cobalt mines.

Katanga is believed to hold at least 10% of the world's copper deposits and a third of global cobalt deposits.