Haruko Fukuda, chief executive of the World Gold Council, will leave the London-based organization in late June.
Fukuda assumed the post in 1999, just as the British government announced it would sell more than half its gold reserves. As gold flooded the market, the price fell to its lowest level in 20 years.
Fukuda contributed to the Washington Agreement on gold in 1999, which sought to improve the management of central bank reserves.
Official diamond exports from the Democratic Republic of Congo (DRC) in April totalled 1.5 million carats, or 15% more than in the same month last year. The exports were valued at US$28.4 million, or 15% more than a year earlier.
Included in the exports were industrial production by Miniere de Bakwanga (MIBA) and diamonds from small-scale mines.
During the first four months of 2002, DRC exported 5.9 million carats worth US$104.4 million, of which MIBA production accounted for almost 25%.
During the same period, Congolese-Zimbabwean Sengamines, active in the central Kasai Oriental province, produced 21,400 carats worth US$238,680.
(The United Nations reports that much of the country’s vast mineral wealth does not pass through official channels but is exploited by military forces through various networks.)
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