sharing in governance of extractive industries
It has been notoriously difficult for citizens in resource-rich countries to lay hands on extractive industry contracts and licenses between their governments and private sector extractive companies. But that seems to be changing.
For a new report, Past the Tipping Point?, Don Hubert and I reviewed contract disclosure practice and policy in more than 50 countries and…Continue
"Little Shop" in Kabwe - photo credit: https://commons.wikimedia.org/wiki/File:Store_in_kabwe.jpg
Kabwe is the capital of…Continue
Added by daniel gilbert on March 14, 2017 at 11:20 — No Comments
Open and competitive bidding process (toss a coin) promotes transparency, efficiency and cost reduction as compared to direct negotiations (shake a hand). This paper provides an overview of renewable energy interventions in Angola, Algeria, Cote Dvoire, Ghana and Nigeria. Further,…Continue
A weekly digest of activity on GOXI
Starting today, March 13, in Tanzania, the World Bank is holding a series of specialized training models on transfer pricing based on its…
Added by GOXI on March 13, 2017 at 19:53 — No Comments
Local content is a development strategy aimed at increasing the benefits from the oil and gas sector and translating them to other sectors of the economy. While this strategy has been widely adopted in Africa and Latin America, little is known about why local content strategies have been successful – or not – in specific country cases. Mapping these factors is challenging since every country demonstrates particular conditions and these factors might function differently depending on…Continue
Added by Juan Herrera on March 10, 2017 at 21:00 — No Comments
Transparency of financial flows from extractives, tax base erosion in general and transfer pricing in specific are key areas of concern to developing countries. This at a time when extractives resources rich countries have steadily been increasing including in low to middle-income countries over the past quarter of century. Some estimate that by 2030…Continue
Ecuador reaffirms its commitment to sustainable mining by joining IGF
Toronto, Canada, March 7, 2017 – The Government of Ecuador expressed its commitment to good governance of the mining sector by joining the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) Tuesday.…Continue
Added by Mira Oberman on March 8, 2017 at 22:30 — No Comments
Stakeholder Listening Exercise; February/ March 2017 Daniel Gilbert – Independent Mining & Metals Researcher
This article reports on the introduction of Trimble's Landfolio for Natural Resources (Landfolio) implementation in Malawi; the policy context for that product’s introduction; and stakeholder views therein.
In many cases, this…Continue
Added by daniel gilbert on March 7, 2017 at 14:30 — No Comments
In May 2016, the Reserve Bank of Zimbabwe introduced an export incentive scheme to promote the export of goods and services in order for the economy to benefit from the liquidity derived from exports. As some mining companies begin to report on their earnings, it is becoming evident that the export incentive has been beneficial to them.
Asa Resources owned …Continue
Added by Gilbert Makore on March 7, 2017 at 12:44 — No Comments
A weekly digest of activity on GOXI
How might different shocks or policy changes impact the trajectory of Mongolia's key…
Added by GOXI on March 6, 2017 at 4:30 — No Comments
Governments in Sub-Saharan Africa and other regions are striving to ensure more of the potential economic benefits from mining stay within the borders of host countries. One of the common outcomes of what is termed “the resource curse” – where countries with high production of extractive industry resources paradoxically have worse development outcomes than those without – is that mining operations use little locally produced and supplied goods and services.
Added by Emily Nickerson on March 3, 2017 at 21:30 — No Comments
NRGI has developed a new tool linking resource sector developments to a detailed picture of Mongolia’s economy and budget in order to inform ongoing discussions on pressing fiscal issues and long-term sustainability.
It incorporates project level models of the country’s five largest mine, a semi structural macroeconomic model and detailed budget forecasts. It projects a baseline scenario of the economy and describes how different shocks or policy changes would impact the trajectory…Continue
Added by David Mihalyi on March 3, 2017 at 17:30 — No Comments
Lilongwe, 27 February 2017 – On 12 May 2014, eight days before the elections, the Minister of Mining signed production sharing agreements for three of Malawi’s petroleum blocks. If oil exploration is successful, the agreements could be in place for thirty years covering exploration, extraction, and closure. These agreements give Malawi a raw deal…Continue
Added by Rachel Etter-Phoya on March 1, 2017 at 8:58 — No Comments