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Featured Blog Posts – March 2018 Archive (28)

Black Panther and the natural resource curse

Dear colleagues,

There has been a lot of comments about the movie "Black Panther" recently. Even though fictional, the movie does remind the public about the importance of good resource management.

I would like to share two blogs from my colleague Nicola Woodroffe and myself at NRGI, on two aspects of resource governance that transpired in the movie:…

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Added by Thomas Lassourd on March 26, 2018 at 23:05 — No Comments

A withhold up in Mongolia? Thoughts on the renewed tax debate around Oyu Tolgoi

Governments of mining countries are vulnerable to investors using double tax agreements (DTAs) as a means of avoiding paying taxes. DTAs are bilateral, or multilateral agreements between countries that set out which country has the right to collect tax on different types of income. Interest expense on foreign loans is one such source of income. The DTA will specify how much tax the source country can collect on the interest paid by the local mining subsidiary, to its affiliate, usually in a…

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Added by David Mihalyi on March 25, 2018 at 23:25 — 1 Comment

Poverty, mining and conflict in Afghanistan

Afghanistan’s decades long conflict and ensuing destruction has made many of its citizens nostalgic about relative peace under the old monarchy. Today over 39 percent of the population lives under dire poverty rendering them ineffective in many realms of life . Poverty is more prevalent in rural areas because of lack of economic opportunities and insecurity and they have complicated the security situation. The government is acutely dependent on foreign donations, despite 17 long years of…

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Added by Javed Noorani on March 25, 2018 at 5:30 — No Comments

The new face of informality in the Tanzanian mineral economy

Transforming artisanal mining through foreign investment?

Artisanal and small-scale mining (ASM) has long been a mainstay of Tanzania’s rural economy, contributing to the livelihoods of more than three million Tanzanians. ASM is nonetheless yet to realise its full development potential, with the sub-sector…

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Added by IIED on March 23, 2018 at 22:27 — No Comments

"Our efforts in beneficial ownership transparency have been important"

Faces of transparency: an EITI blog series.

I have been a member of the EITI Executive Committee from its creation in 2007 until today. Over the last ten years I have participated regularly in our multi-stakeholder dialogue and have witnessed DRC EITI grow from strength to strength as it has…

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Added by EITI on March 21, 2018 at 12:24 — No Comments

Automation in Mining: Potential for Local Discontent

(excerpt from an unpublished paper: Mining at the Crossroads of Law and Development: A review of labor-related local content provisions in Africa's mining laws through the prism of automation.” – Nneoma V. Nwogu

Automation in mining is the substantive reduction and potential elimination of human labor from day to day mining operations.  Research, development and use of automated machinery in isolated components of mining equipment and machinery…

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Added by Nneoma Veronica Nwogu on March 15, 2018 at 20:07 — 5 Comments

PDAC 2018 and the bright future for the mining industry

Author: Leonardo Sempértegui

For more blog posts, news and updates in the energy and extractive industries: www.ieeblog.com

A few days ago, the Prospectors and Developers Association of Canada (PDAC) organized its annual…

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Added by Leonardo Sempertegui on March 15, 2018 at 19:39 — 1 Comment

OECD Development Centre: Public Consultation – Guiding Principles for Durable Extractive Contracts

The OECD Development Centre is seeking public comment on the advanced draft of the Guiding Principles for Durable Extractive Contracts.



The Guiding Principles set out eight principles and supporting commentary that host governments and investors can use as a common reference for future negotiations of enduring, sustainable and mutually beneficial extractive contracts. They aim to provide guidance for the content and negotiation of durable extractive contracts that…

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Added by Elliot Smith on March 15, 2018 at 13:21 — No Comments

Guyana's oil deal is outlier low: government takes just over half

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Added by Johnny West on March 15, 2018 at 12:43 — No Comments

Sustainable FDI for Sustainable Development

Dear Colleague,

Meeting the world's sustainable development needs will require a considerable increase of FDI flows, especially of "sustainable investment" flows, i.e., investment that exhibits certain "sustainability characteristics": the economic, social, environmental, and governance contributions that governments expect MNEs to make to the development of host countries, and that MNEs (or their organizations) themselves say they seek to make to host countries' development. Based on…

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Added by Karl P Sauvant on March 14, 2018 at 23:39 — No Comments

Artisanal and Small-Scale Mining Training: An interview with John Tychsen

PanAfGeo launched an initiative supporting the training of geoscientific staff from African Geological Surveys through the creation of an innovative training program. The training program includes the acquisition and development of crucial professional skills to complement qualifications and technical skills. World-class geoscientific experts from African and European geological surveys carry out the training programs.

IGF…

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Added by IGF Secretariat on March 14, 2018 at 16:14 — No Comments

Ecuador commits to implement the EITI

Ecuador highlights desire for responsible mining

On 5 March Ecuador’s Mining Minister Rebeca Illescas committed to implement the EITI Standard. The commitment was made at “Ecuador Day” at the PDAC in Toronto on 5 March. Minister Illescas stressed that joining the EITI is “ very important for the…

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Added by EITI on March 13, 2018 at 18:20 — 1 Comment

Have women been left behind in the transparency and accountability agenda?

“How can we effect change in the world when only half of it is invited or feels welcome to participate in the conversation?”

These words, …

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Added by Publish What You Pay on March 13, 2018 at 14:00 — No Comments

Indonesia's Rules on Beneficial Ownership is Momentum to Accelerate the Combat against Corruption

Jakarta – National Coalition Publish What You Pay (PWYP) Indonesia applauds the Presidential Decree Number 13 Year 2018 about Principle of Recognizing Beneficial Ownership of Corporation in the Framework of Prevention and Eradication of Criminal Act on Money Laundering and Criminal on Terrorism Funding. This rule requires every corporation (such as LLCs, foundations, associations, CVs, firms, and…

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Added by Publish What You Pay Indonesia on March 12, 2018 at 5:52 — No Comments

International Gas Outlook and Implications for Developing Tanzania’s Gas Projects

As part of our partnership with Uongozi, CCSI has written a brief that assesses the international gas outlook and long-term implications for the development of Tanzania's offshore gas deposits. As the country looks to use a proportion of the gas domestically to support its development strategy, the brief places particular focus on issues that need to be considered in the final negotiations related to the arrangements of the domestic gas allocation.

We find that Tanzania's gas…

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Added by Nicolas Maennling on March 9, 2018 at 14:13 — No Comments

Lebanon's new gas contract: everyone just take a breath!

The news that Lebanon had finally signed a contract for gas exploration in its offshore has set off a flurry of speculation in national and international media. A leading bank in the country produced a report suggesting the government could earn up to $200 billion in revenues from the deal, turn the public deficit into a surplus…

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Added by Johnny West on March 9, 2018 at 12:30 — No Comments

Celebrating International Women's Day, NRGI Works to Strengthen Women’s Participation in Resource Governance

On this International Women’s Day, we at NRGI are drawing inspiration from women’s movements and paying attention to ways we can work toward equal participation in extractives management.

 

Players in the resource governance movement has been working incrementally on the subject, from Publish What You Pay’s Extracting Equality – A Guide to…

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Added by katarina kuai on March 8, 2018 at 22:12 — No Comments

Why We Should Foster Economic Independence for Women in Artisanal and Small-scale Mining

There was an estimated 40 million people working in artisanal and small-scale mining (ASM) in 2017, with an additional 150 million individuals across 80 countries dependant on ASM as part of their livelihood strategies.

Women represent a large percentage of the ASM workforce—40 to 50 per cent in Africa alone, in fact—working in a range of roles…

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Added by Levin Sources on March 8, 2018 at 16:38 — No Comments

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