sharing in governance of extractive industries
New research by the IGF and the Organisation for Economic Co-operation and Development (OECD) has found that many resource-rich developing countries use tax incentives in the hope of attracting mining investment. Roughly two thirds of the countries surveyed give corporate income tax concessions to mining investors either in the law or in mining contracts, or, in many cases, in both. Slightly less than half grant a complete tax-free period (“tax holiday”), wiping out the entire tax base for…Continue
Added by IGF Secretariat on January 2, 2019 at 15:11 — No Comments
A new study from the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF) and International Institute for Sustainable Development (IISD) highlights how multistakeholder, market-based voluntary sustainability initiatives (VSIs) can promote more sustainable production practices, often at the global level.
The report highlights environmental, social and…Continue
Added by IGF Secretariat on September 12, 2018 at 14:27 — No Comments
Mining provides vital commodities for a wide range of products and services and has done so through the centuries. But mining also contributes to many of the challenges that the current Sustainable Development Goals (SDGs) are trying to address – environmental degradation, water scarcity, negative impacts on human rights, displacement of populations, worsening economic and social inequality, armed conflicts, gender inequality and gender-based violence, tax evasion and corruption, and…Continue
Added by IGF Secretariat on August 2, 2018 at 14:45 — No Comments
Partnership and collaboration are often used interchangeably, but they really mean different things. Collaboration is simply working together, while partnership infers a closer, less transactional engagement between the parties—although, in most instances, this relationship is not strictly defined.
It is not just semantics: ever since the …Continue
Added by IGF Secretariat on June 8, 2018 at 18:01 — No Comments
This blog was originally published on the Intergovernmental Forum for Mining, Minerals, Metals and Sustainable Development's (IGF) website. The IGF supports more than 60 nations committed to leveraging mining for sustainable development to ensure that negative impacts are limited and financial benefits are shared.
Women represent a large percentage of the workforce engaged in artisanal and small-scale mining…Continue
Added by IGF Secretariat on May 14, 2018 at 18:11 — No Comments
Women who work in artisanal and small-scale mining (ASM) face economic, decision-making, legal and institutional exclusions due to cultural norms. This is the finding of a new report from the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF).
ASM is a complex and diversified sector, ranging from informal individual miners seeking a subsistence livelihood to…Continue
Added by IGF Secretariat on May 14, 2018 at 18:07 — No Comments
In an already risky and expensive business, true innovation can be hard to justify, as proven technologies are an easier sell than those requiring a leap of faith. With the mining industry experiencing a decline in productivity over the past decade, adopting innovative approaches is crucial for the sector’s continued success.
A key challenge facing the artisanal and small-scale mining (ASM) sector is its gender imbalance. This inequality results in reduced opportunities for women, including a lack of land rights, an inability to access resources, a lack of access to education and a lack of economic empowerment.
Although various policies and initiatives have been…Continue
Added by IGF Secretariat on April 19, 2018 at 19:39 — No Comments
Added by IGF Secretariat on April 19, 2018 at 19:30 — No Comments
A mining operation which is considered consistent with sustainable development is one whereby planning for closure is present during the entire operation of the mine. With mines having a finite life span, it is important to ensure there is a plan for mine closure and post-mining transition once the economically viable products have been…Continue
Added by IGF Secretariat on April 12, 2018 at 18:37 — No Comments
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.
Added by IGF Secretariat on March 14, 2018 at 16:14 — No Comments
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…Continue
Added by IGF Secretariat on March 8, 2018 at 16:23 — No Comments
Innovation does not come easily to the mining sector.
In an already conservative business, the costs and risks of true innovation can be hard to justify. However, with companies needing to address inefficiencies in their operations to stay competitive, while ensuring they maintain their social license to operate, it is clear that mining needs to get innovative.
IGF recently released a report, …Continue
Added by IGF Secretariat on March 5, 2018 at 22:05 — No Comments
There is a pressing need for innovation in the mining sector, according to a report published Monday by the Intergovernmental Forum on Mining, Minerals, Metals and Sustainable Development (IGF).
Innovation in Mining: Report to the 2018 International Mines Ministers Summit (IMMS) was released at the third annual IMMS, which was held in Toronto on the sidelines of…Continue
Added by IGF Secretariat on March 5, 2018 at 22:04 — No Comments
Today, the IGF releases its 2017 Annual Report, highlighting successes throughout the year and how leveraging mining for sustainable development can limit negative impacts and ensure financial benefits are shared.
The IGF has made tremendous progress since the Government of Canada committed to funding the IGF Secretariat through the International Institute for…Continue
Added by IGF Secretariat on March 1, 2018 at 19:06 — No Comments
To meet ambitious national and international emissions reduction targets like the Paris Agreement, low-carbon technologies are essential. One of the most prominent technologies is solar photovoltaic (PV), which converts sunlight into electricity. Last year, solar PV became the fastest growing source of new energy,…Continue
Added by IGF Secretariat on February 15, 2018 at 8:00 — No Comments
Artisanal and small-scale mining (ASM) provides a livelihood for 190 million people worldwide. At the same time, the sector—which includes informal individual miners seeking a subsistence livelihood as well as small-scale commercial mining entities—poses challenges for governments in about 80 countries where ASM continues to grow.
The IGF recently launched a joint report entitled …Continue
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,…Continue
Added by IGF Secretariat on January 22, 2018 at 15:32 — No Comments
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.
Every industrial mining project has its financial model. It is…Continue
Added by IGF Secretariat on January 18, 2018 at 14:30 — No Comments
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…Continue
Added by IGF Secretariat on December 4, 2017 at 16:08 — No Comments