sharing in governance of extractive industries

Seminar: Mining local procurement – a necessary lever to overcome the resource curse

The creation of a global standard on local procurement reporting for mining companies will be discussed in the latest IIED seminar on 10 June, featuring Jeff Geipel, founder and managing director of Mining Shared Value.

Most mine sites spend more money on procurement of goods and services than they do on on taxes, employees and community investment combined. Mining has massive potential benefit for economic and social development in host countries. But civil society and official development assistance (ODA) providers have focused relatively little work and resources on the issue of backward linkages from mine sites to upstream suppliers – especially relative to transparency and use of mining tax revenue.

Noticing this gap, the Mining Shared Value (MSV) initiative of Engineers Without Borders Canada was created in 2012 to act as a non-profit organisation to push and empower the global mining sector to increase local procurement in the countries and communities that choose to host extraction.

Join us on Monday, 10 June at IIED's headquarters in London to hear from Jeff Geipel, founder and managing director of MSV.

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