sharing in governance of extractive industries
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…Continue
Added by IGF Secretariat on January 31, 2018 at 20:00 — 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