sharing in governance of extractive industries
The Mining Charter (June 2017) makes reference to the need for mine communities to be awarded shares. Whether or not this version of the charter passes the legal challenges it will no doubt face in coming weeks and months, it cannot be disputed that community development for mine-affected communities, whether through a mechanism of share ownership or not, is vital. However, the proposal that the communities’ share be held in trust, raises concerns. One wonders how this will differ from the…Continue
Added by Gwendolyn Wellmann on June 20, 2017 at 16:16 — No Comments
NRGI will launch the 2017 Resource Governance Index on Wednesday, 28 June. The index includes new assessments of oil, gas and mining governance in 81 countries. It comprises primary research on value realization and revenue management, and draws on existing research to paint a picture of countries’ enabling environments for governance. The assessments take into account laws and practices concerning licensing, taxation, state-owned enterprises, sovereign wealth funds, subnational revenue…Continue
Added by Lee Bailey on June 20, 2017 at 11:05 — No Comments
The Republic of Suriname is actively working to leverage its mining industry to advance sustainable development, according to an assessment published by the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF.)
“We were pleased to see such a strong commitment to advancing positive change among the government officials we met with while in Suriname,” noted team lead Alec Crawford.
“These officials—as well as representatives from civil society and…Continue
Added by Mira Oberman on June 13, 2017 at 19:30 — No Comments
In the last weeks, recent reporting in major and regional Colombian news outlets has brought to the attention of the public the high rates of deforestation witnessed in the country’s Amazonian region as well as its consequences. Both of which have gained visibility since the beginning of the FARC’s demobilization.
In light of the renewed visibility of the issue Afai Consulting is sharing the piece below originally written in March. This piece is not only…Continue
Added by Afai Consulting on May 24, 2017 at 20:00 — No Comments
This article first appeared on DEVPOLICY Blog May 18 2017
Tracking Australian mining, oil and gas companies around the world is challenging. Australia has one of the largest global footprints of extractives companies operating abroad. Research by Publish What You Pay (PWYP) Australia and ESG research…Continue
Added by Jessie Cato on May 30, 2017 at 1:28 — No Comments
By Degol Hailu and Chinpihoi Kipgen
Added by Degol Hailu on May 25, 2017 at 12:20 — No Comments
Dear EGMs members,
We invite you to review the first draft of the How-To Guidance Note on Integrating Human Rights into Environmental Governance of Mining.
This How-To Guidance Note has been…Continue
Added by Jasmin Blessing on June 12, 2017 at 22:00 — No Comments
We are looking for your input! The Artisanal Gold Council (AGC) is constructing a bibliography; your contributions are greatly appreciated and will directly forward the mission of improving the ASGM sector and the livelihoods of the people involved in it.
The AGC is participating in the preparatory phase of the Global Opportunities for Long-term Development of ASGM Sector - the GEF GOLD Programme. This set of projects is aimed at reducing the use of mercury in the…Continue
Added by Artisanal Gold Council on June 8, 2017 at 23:52 — No Comments
This post originally appeared on Extract-A-Fact.
Hundreds of oil, gas and mining companies have now reported their payments to governments, as required by the Canadian Extractive Sector Transparency Measures Act (ESTMA). Citizens now have access to a massive pool of previously hidden payment data that can help fuel their efforts to hold…Continue
Added by Publish What You Pay - US on June 8, 2017 at 20:16 — No Comments
We recently introduced the Extractives Dependence Index (EDI) to measure a country’s dependence on its oil, gas and mineral resources. The Index is helpful in crafting the right policies for diversification to achieve…Continue
Added by Jasmin Blessing on June 1, 2017 at 20:59 — No Comments
JAKARTA – Coalition of Publish What You Pay Indonesia appreciated the issuance of Extractive Industries Transparency Initiative (EITI) Report for fiscal year of 2014 and roadmap of beneficial ownership as well as portal of Extractive Industries (EI) Openness in Indonesia by Coordinating Ministry for Economic Affairs of the Republic of Indonesia. These are part of the commitments of Government of Indonesia with the support and participation of multi stakeholder, both the industry and civil…Continue
Added by Publish What You Pay Indonesia on June 2, 2017 at 7:23 — No Comments
This is the abstract of a new article just published in the journal Resources Policy
Resource nationalism is often cited as the most serious risk to foreign mining investment in developing countries. Mongolia provides an important case study of studying this phenomenon and its impacts, especially during the global mining boom years from the late 1990s to 2010. This phenomenon has been exposed mainly…Continue
Added by Jasmin Blessing on June 2, 2017 at 22:42 — No Comments
We are pleased to announce a forthcoming Transnational Dispute Management (TDM, ISSN 1875-4120) special issue on "Judicial Measures and Investment Treaty Law"
Investment treaty claims arising out of judicial conduct-whether based on annulment of a contract for corruption or other irregularity or a fundamental jurisprudential shift-have been on the rise. For example, in…Continue
Added by OGEL Journal on June 7, 2017 at 14:38 — No Comments
Guest editors Prof. Yinka Omorogbe and Tade Oyewunmi focused their special on Sub-Saharan Africa which has witnessed a surge in oil & gas activity within the past decade, positioning the region as an important contributor in the global energy supply and demand dynamics...
Table of Contents…
Added by OGEL Journal on June 7, 2017 at 14:35 — No Comments
An interested article appeared in Mineral Economic on captioned title with a lot of useful reference to information resources.
The extractive sector now holds an even more predominant position for national economies following the adoption of the…
Added by Daan Boom on June 7, 2017 at 5:31 — No Comments
Over the last decade, the Government of Indonesia has become increasingly concerned that petroleum companies operating the country’s oil and gas fields have been inflating costs through overspending. In 2016, a report by the Supreme Audit…Continue
Charting out what a project’s revenue should can strengthen the capacity of the government. (Note: coupons to learn Excel as a prerequisite to financial modeling are available from a link at the end of this blog)
When the EITI set out its work ten years ago, the core idea was to reconcile and compare the payments made by companies to governments to each other to see if they added up to the same amount. This can…Continue
Added by Johnny West on June 6, 2017 at 12:01 — No Comments
In anticipation of next month’s release of the Local Procurement Reporting Mechanism, Mining Shared Value (MSV), an initiative of Engineers Without Borders Canada, has released the third edition of…Continue
Added by Emily Nickerson on June 2, 2017 at 23:00 — No Comments