sharing in governance of extractive industries
At the end of April, more than a 50 miners died in a landslide in northern Myanmar's jade mines. Myanmar's new gemstone law does not adequately address the root causes that make these tragedies so common. Change is urgently needed to ensure that the multi-billion dollar jade industry brings benefits to the people of Myanmar. Check out this video from the Natural Resource Governance Institute, which gives a glimpse into the realities inside Myanmar's jade mines.…Continue
As the Extractive Industries Transparency Initiative (EITI) prepares to require member governments to publish the contracts they sign with oil, gas and mining companies, an executive for French oil major Total discusses the potential benefits of contract disclosure for investors in Myanmar.
The contracts signed between governments and oil, gas and mining companies are crucial documents. They set out many of the most important terms under which investors operate,…
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