WhatsApp)
Taken together, factors such as these have led some to describe the outcomes as the resource curse or the paradox of plenty (Auty 1993; Karl 1999). 6 This linkage of oil, gas, and mining development with negative outcomes has become common currency among policy makers, academics, civil society members, and the media. 7 Probably due to the very large rents in the oil sector, it
Challenges to Accessing Opportunities for Mining Companies port, and Extractive Industries (SAFETE) for financing this study. Note on RoadTest Version Local procurement by mining companies can bring about significant benefits to a wide range of stakeholders.
challenges faced by mining companies around the world today and the and use of advanced extractive technologies which can create additional risks. The expanding geographical reach of mining . complications to the procurement of insurance
The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has been written about the first two factors, so
Taken together, factors such as these have led some to describe the outcomes as the resource curse or the paradox of plenty (Auty 1993; Karl 1999). 6 This linkage of oil, gas, and mining development with negative outcomes has become common currency among policy makers, academics, civil society members, and the media. 7 Probably due to the very large rents in the oil sector, it
Transparency in Procurement: Public and Private If there is growing transparency in payments from extractive industry companies to governments, and also for public procurement by governments, procurement by private sector extractive industry companies is a
#0183;#32;Local procurement must always be planned and evaluated while considering all other potential positive and negative impacts of mineral extraction. It is completely possible that even with a wellmanaged local procurement plan, a proposed mining project simply may not make economic sense for a country to pursue given the tradeoffs.
#0183;#32;The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has been written about the first two factors, so
Extractives: Opportunities and Challenges for Development Share Page. Book Table of Contents. Extractives: Changing perspectives on mining over the past 15 years have significantly shifted the focus from largescale, capitalintensive mining operations to the mining sector as a whole,
The rest (around 14%) came from the exploitation of groundwaters (%), gold sales (%), and artisanal mining (which represented % of budget revenues. The figures were disclosed in the presentation of the report on Togos initiative for transparency in extractive industries (ITIE
This Practical Guide to Mining Local Procurement in West Africa was commissioned by the World Bank Energy and Extractives Global Practice (GEEDR) from Kaiser Economic Development Partners. It is the result of the regional West Africa program on increasing local procurement by the mining sector, funded by the Australian Department of Foreign Affairs and Trade and
#0183;#32;However, many of these countries still face a myriad of challenges, such as resource dependency and weak governance. The World Bank helps countries manage their natural resource wealth in a way that maximizes the benefits of extractives, while contributing to economic growth and poverty reduction.
EBRD Extractive Mining Industries Strategy Challenges in the mining industry through the six transition qualities Procurement policies and rules Integrity Risk Policy Public Information Policy Economic Inclusion Strategy Domiciliation of EBRD clients
This book is about the challenges and opportunities facing developing countries in using their extractive industries (oil and gas and mining) to achieve inclusive and sustainable development. While resource wealth can yield prosperity, it can also cause acute social inequality, deep poverty, environmental damage, and political instability.
Linkages in the Southern African Mining Sector: Domestic Procurement Challenges and Context Summary The development of backward linkages from the mining sector, the provision of inputs to mine operations, has been explored by a number of companies and countries.
Procurement Challenges Facing Procurement Organizations. 2/06/2008#183; Part 2: Challenges Facing Procurement Organizations. Procurement has become an integral part of corporate performance and is drawing increased attention from senior management. A practical guide to increasing mining local procurement
Five common challenges facing the mining industry. The mining industry comes with its fair share of challenges; from scarce resources to uncertainty around commodity prices, miners are always looking at ways to overcome barriers to stay competitive. Below we explore 5 challenges currently facing the industry. 1. Access to Energy
Togo described their local content policies or requirements covering the extractive sectors in their latest EITI Reports. For example, Cameroon describes local procurement requirements as stipulated in petroleum contracts in the 2015 EITI Report, and explains that mining
WhatsApp)