sharing in governance of extractive industries
I read with interest the article published on Friday, 26th February 2016, by Miningmx.com, referring to the Implats CEO, Terance Goodlace’s, take on the link between safety in South African mines and the risk-taking psyche of the average South African. He further links it to a “growing social disobedience” which, according to…Continue
Added by Gwendolyn Wellmann on February 29, 2016 at 19:10 — No Comments
Societies that have abundant non-renewable natural resources may transform such natural capital into other types of capital (e.g. human, produced, infrastructure) through different channels. For governments that manage natural wealth, the substitution of one type of capital -which depletes as it is exploited- for other sustainable capitals is a public policy challenge. One of the channels of transformation is the creation of forward and backward productive linkages between the extractive…Continue
Getting community engagement right – making sure it is ‘meaningful’ – is critical to the social licence to operate for oil, gas and mining projects. Government and industry responsibilities in this respect are equally important.
The term ‘meaningful’ now appears in international standards including the UN Guiding Principles on Business and Human Rights and the…Continue
Added by Emma Wilson on February 25, 2016 at 18:28 — No Comments
Emeka'Wokoro, (2010) identified three principal parties to Oil and Gas resource extraction; the host government that owns the resources and formulate the fiscal and regulatory regimes; the international oil companies (IOCs) that contribute their capital, technology, and expertise in return for a reasonable return on their investment; and the host communities or regions that may lay claim to the resource and have high…Continue
Let's put ourselves in the shoes of 2016 graduates from universities and postgraduate schools either abroad or domestic alike. All graduates have invested their energy, time, and money to attempt to learn everything that would equip them to become good professionals and public servants. Here I would like to talk about the ones who are dreaming to become the best public servant in Mongolia's mining governance. These are the ones who disliked the naming of their…Continue
Added by Mendee Jargalsaikhan on February 21, 2016 at 12:00 — No Comments
More than a year has passed since the creation of an inter-ministerial working group to evaluate the possibility of Angola joining EITI (‘working group’), and there is still no information on what the outcome of this evaluation is, or whether a decision has been reached.
Progress on this front is no doubt being closely monitored by transparency advocates…Continue
Added by Liliane Mouan on February 20, 2016 at 1:27 — No Comments
Alongside growing revenue and contract transparency, increasing model transparency is needed. Only with financial model transparency can relevant actors better assess whether contracts are balanced in terms of fiscal returns and understand when revenues start flowing to the government. CCSI strongly supports financial model transparency and has developed two open fiscal models to be launched at the …Continue
Added by Nicolas Maennling on February 19, 2016 at 20:37 — No Comments
New World Bank report calls for Free, Prior, and Informed Consent (FPIC) in the midst of ongoing World Bank consultations on its own safeguards.
Next week the World Bank will host a public consultation in Washington DC around its draft environmental and social “safeguards”— World Bank policies that aim to avoid…Continue
18 February 2016
Five Unanswered Questions on Exploration of Oil & Gas in Malawi’s Lake and Land
All of Lake Malawi and part of Malawi’s land including the Shire River Basin have been divided into six blocks for exploration of oil and gas. Between 2012 and 2014, the Government of Malawi issued six petroleum exploration licences.
Added by Rachel Etter-Phoya on February 18, 2016 at 16:48 — No Comments
On 29 January 2016, the Responsible Ecosystems Sourcing Platform (RESP) published a report that provides insight into the main challenges hindering the setting of a common and collaborative framework to advance the environmental and social responsibility agenda of the coloured gems industry, and uncovers potential areas where convergence on the priorities of these challenges can be found in order to contribute to identifying a clear path towards a collaborative framework.
Added by Eduardo Escobedo on February 15, 2016 at 18:08 — No Comments
by Jeff Geipel
"One of the most welcome improvements of the recently released Sustainable…Continue
Added by Janne Kaiser on February 15, 2016 at 17:54 — No Comments
What reserves can a country with a huge mining and minerals industry do to shelter itself from the global commodity downturn?
Adam Smith International speaks exclusively to the director of the Mines Development Department (MDD), in the Ministry of Mines and Minerals Department in Zambia, about how the government is addressing the global crisis.
Does the mining sector still see itself as a major player…Continue
Added by Adam Smith International on February 15, 2016 at 17:43 — No Comments
Added by GOXI on February 15, 2016 at 17:23 — No Comments
Added by Andrew Bauer on February 15, 2016 at 13:30 — No Comments
The sustainable development of oil and gas resources requires policies, principles, and practices that support the utilization of resources in a…Continue
Added by Ishmael Ackah, PhD on February 13, 2016 at 12:49 — No Comments
The resource sector has entered into a new phase. Prolonged downswings in commodity prices, fuelled by (i) the double effect of slower demand from emerging markets like China and excess supply resulting from massive investments during boom years; (ii) the difficulty of developed markets to regain momentum and (iii) the tightening of financial markets are all threatening to turn what was not so long ago seen as tailwinds into headwinds, with even stronger swirls…Continue
Added by Isabelle Ramdoo on February 12, 2016 at 18:00 — No Comments
In the first of a set of contributions, Clare Short reflects on her time as EITI Chair.
After five years working extensively with the EITI and visiting many countries that are using the EITI to help improve the management of their extractive industries, I conclude…Continue
Added by EITI on February 12, 2016 at 17:22 — No Comments
What's needed to help mining minnows get off the ground in AfricaContinue
Added by Rachel Etter-Phoya on February 12, 2016 at 16:00 — No Comments
In the last few years, we have seen a growing rapprochement between extractive (oil, gas and mining for the purposes of this blog) companies and international development organizations. The World Bank, UNDP and IFC are implementing global extractive programs to identify poverty eradication solutions for…Continue
Added by Christianna on February 11, 2016 at 7:51 — No Comments