sharing in governance of extractive industries
A weekly digest of activity on GOXI
Since 2008, the number of countries with contract disclosure laws has more than tripled. …
Added by GOXI on March 27, 2017 at 19:22 — No Comments
The Energy and Extractives GP of the World Bank
Invites You for
Brown Bag Lunch: Transfer Pricing in Extractives
Wednesday March 29, 2017 | 11:30 AM -…
Added by Ousmane Deme on March 27, 2017 at 18:52 — No Comments
Jakarta-Publish What You Pay Indonesia supports Directorate General (DG) of Mineral and Coal, Ministry of Energy and Mineral Resources to crack down mining companies which would not pay off the non-tax revenue arrears, either mining permits holder, Coal Contract of Work, and Contract of Work. MEMR is urged to be bold to impose special treatment, such as formulation of the black list of company, business permit revocation, and law enforcement.
National Coordinator of PWYP Indonesia,…Continue
Added by Publish What You Pay Indonesia on March 20, 2017 at 11:47 — No Comments
The Africa Mining Vision (AMV) is a policy framework that was created by the African Union in 2009 to ensure that Africa uses its mineral resources strategically for broad-based, inclusive development. Eight years after its inception, implementation has been slow and there is a low level of…Continue
We have published a blog commenting on the announcement of an IMF bailout for Mongolia, which you can read here:
Our findings build on the results from using our latest tool, a user-friendly macro-fiscal model to analyze how different shocks or policy changes - especially in the mining sector - would impact the trajectory…Continue
Added by David Mihalyi on March 19, 2017 at 20:30 — No Comments
Many members of GOXI were in Toronto earlier this month for the Prospectors and Developers Association of Canada (PDAC) 2017 Convention. Building on the momentum of past Indaba events, the need for economic diversification, as well as local content were frequent topics of discussion in many of the sessions. Below is a list of four sessions including links to relevant reports and resources:
1. Integrating local content regulations: A win-win for communities and companies?…Continue
Reflecting on common themes emerging from Cape Town's Mining Indaba and the Alternative Mining Indaba 'counter-summit', Fitsum Weldegiorgis sets out six ways to keep momentum going, for driving a profitable African mining sector that also delivers for its people.Continue
Added by IIED on March 17, 2017 at 16:09 — No Comments
Reducing the amount of energy used in producing a given output is a cost-effective way of tackling global warming. In addition, energy efficiency promotes energy security and saves cost. This study is structured in three parts. First, the energy efficiency practices of small and medium…Continue
Added by Ishmael Ackah, PhD on March 14, 2017 at 11:13 — No Comments
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
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
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
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
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
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
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
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