sharing in governance of extractive industries

IGF Secretariat's Blog (5)

Developing Mining Supply Chains: Making strategic use of local content policies

Guest blog for the IGF by Kojo Busia and Isabelle Ramdoo, African Minerals Development Centre

Governments are facing mounting pressures from their constituencies to leverage the mining sector for broader diversification. The lack of strong and competitive mining supply chains is probably one of the main weaknesses of resource-rich developing countries. Effective local content policies are part of the…


Added by IGF Secretariat on January 31, 2018 at 20:00 — No Comments

Six Key Factors for Successful ASM Formalization

Artisanal and small-scale mining (ASM) provides a livelihood for 190 million people worldwide. At the same time, the sector­­which includes informal individual miners seeking a subsistence livelihood as well as small-scale commercial mining entitiesposes challenges for governments in about 80 countries where ASM continues to grow.

The IGF recently launched a joint report entitled …


Added by IGF Secretariat on January 22, 2018 at 15:34 — 1 Comment

Explosive Growth in Artisanal and Small-Scale Mining Amid Rising Prices: IGF Study

Rising mineral prices and the struggle to earn a living from agriculture have led to explosive growth in artisanal and small-scale mining (ASM), according to a new report from the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development.

An estimated 40.5 million people were directly engaged in ASM in 2017, up from 30 million in 2014,…


Added by IGF Secretariat on January 22, 2018 at 15:32 — No Comments

Financial Modeling of Mining Projects: A Tool for Optimizing the Financial Benefits of the Mining Sector

The financial model of a project is one of the most important documents a mining company will submit as part of a package of documents to get a mining license in most mineral-rich countries. However, this valuable tool seems to be underused by developing country administrations in their interaction with mining companies throughout the life cycle of mines.

What is a financial model of a mining project?

Every industrial mining project has its financial model. It is…


Added by IGF Secretariat on January 18, 2018 at 14:30 — No Comments

Paradise Lost? Tax avoidance in the headlines, and in the mining sector

The Paradise Papers leak is the latest in a string of offshore scandals to implicate governments, politicians, wealthy elites and multinational corporations in complex and far-reaching schemes to avoid taxes. The revelations come from a collection of 13.4 million financial documents, most of which relate to a law firm in Bermuda named Appleby, which advises companies…


Added by IGF Secretariat on December 4, 2017 at 16:08 — No Comments


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