The complexiTy of resource governance in a conTexT of sTaTe ... - Ipis
The complexiTy of resource governance in a conTexT of sTaTe ... - Ipis
The complexiTy of resource governance in a conTexT of sTaTe ... - Ipis
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64 International Alert<br />
Whereas t<strong>in</strong> prices halved between the end <strong>of</strong> 2008 and the first half <strong>of</strong> 2009 (the time when<br />
the global f<strong>in</strong>ancial crisis struck) and have only slowly recovered, the price <strong>of</strong> coltan fell less<br />
dramatically and has skyrocketed s<strong>in</strong>ce the start <strong>of</strong> 2010. 235<br />
B. Export prices<br />
That cassiterite prices dropped much more <strong>in</strong> proportion to coltan <strong>in</strong> 2009 is also clear from the<br />
average export prices for m<strong>in</strong>erals <strong>in</strong> the DRC.<br />
Average export prices per year<br />
2007 US$/Kg 2008 US$/Kg 2009 US$/Kg (first 6 months)<br />
Cassiterite 3.05 9.95 6.64<br />
Coltan 9.37 17.66 15.80<br />
Source: CEEC, Direction technique, Division des matières semi-precieuses<br />
235 Because coltan is not LME registered, the price graph was taken from Asian Metal, an <strong>in</strong>formation company provid<strong>in</strong>g reliable metal<br />
prices. Asian Metal provides monthly m<strong>in</strong>imum/maximum prices for coltan <strong>in</strong>stead <strong>of</strong> average prices. <strong>The</strong> period shown runs from January<br />
2008 until July 2010 as to provide the most recent <strong>in</strong>formation on the one hand and still <strong>in</strong>clude the 2008 global crisis on the other hand,<br />
allow<strong>in</strong>g for an analysis <strong>of</strong> the evolution <strong>of</strong> prices.
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