sharing in governance of extractive industries
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
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
The deadlock of renegotiation between Government of Indonesia and PT Freeport Indonesia (PTFI) to reach an agreement regarding the adjustment toward Indonesia regulations (2009 Mining Law), particularly on the export permit of concentrate, the switch of Contract of Work (KK) into Special Mining Permit (IUPK), provision of tax (prevailing vs nail down), and divestment provision, will be likely settled through dispute settlement mechanism in the International…Continue
Added by Publish What You Pay Indonesia on February 28, 2017 at 7:25 — No Comments
The first Metals & Minerals for the Environment Symposium will take place on May 11-12, 2017 at the Massachusetts Institute of Technology in Cambridge, USA. It will showcase the latest cutting edge research and technology in development at MIT, along with a chance for in-depth discussions between industry leaders and the scientific community. This event is by invitation only to selected CEOs, Chief Technical Officers, Chief…Continue
Added by Suzanne Greene on February 27, 2017 at 19:55 — No Comments
It's not uncommon for staff of mining or exploration companies operating in Eastern DRC to get asked: what does your NGO do?
Reasons for this odd question are both ignorance and a generalization based on similarities people have noted. For some NGO is a new phrase for company/Société because NGO's were the first formal job providers outside government they started seeing in their areas following the collapse of DRC's economy in the early 1990's. Many NGO's came during the war (1997…Continue
Added by Mulya Jules on February 27, 2017 at 11:42 — No Comments
Click on this link to access our new publication dealing with the influence of civil society in mining policies in Latin America in seven countries (Mexico, Guatemala, Ecuador, Peru, Chile, Argentina and Uruguay). The book is free to download and it is in Spanish.
Looking forward to hear your comments!
Deadline for comments: Friday 24 March 2017.
The Responsible Mining Foundation is pleased to announce the release of the Responsible Mining Index (RMI) Draft Methodology for public comment. The full-length Draft Methodology report is available in English. Summary versions are also available…Continue
Added by Víctor Andrés Garzón Vergara on February 21, 2017 at 20:19 — No Comments
The U4 Anti-Corruption Center is pleased to announce that it has just published a new research report on how to prevent corruption in community development initiatives in the mining sector. The publication, authored by Dr. Michael Nest, analyses patterns of corruption and corruption risks related to community mineral beneficiation schemes (CMBSs) that distribute benefits funded by mineral revenues to communities. It argues a key flaw in these materials is that they lose sight of the…Continue
Added by Kendra Dupuy on February 21, 2017 at 9:51 — No Comments
A newly developed ranking evaluates the public commitments, formalized procedures and institutional arrangements of resource-extraction companies for handling indigenous rights in the Arctic. The purpose of the ranking is to support norm formation and to contribute to improving the performance of companies on indigenous rights by highlighting which companies have made a public commitment to indigenous rights, and to what extent.
The ranking covers 92 oil, gas and mining companies…Continue
Added by Emma Wilson on February 17, 2017 at 12:01 — No Comments
Many GOXI members were in Cape Town last week for the big Investing in African Mining Indaba, held at the Cape Town International Convention Center. 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 with a particularly high degree of attention to local content, including links to relevant reports and resources.
Added by Jeff Geipel on February 17, 2017 at 21:00 — No Comments
Governments, extractive companies and communities in regions that extract non-renewable resources in Latin America have endured the effects of the end of the last commodity-boom since mid-2014. Some governments and communities have taken seriously the challenge of finding alternative sources of production and income, as extractive companies reduced or suspended their investments and the resource revenues declined significantly. Others are still hopeful of the return of higher prices,…Continue
Added by Juan D. Gutiérrez-Rodríguez on February 20, 2017 at 17:16 — No Comments