Historically troubled when it comes to mining governance, Guinea has recently turned a corner. The government is reviewing all mining contracts in order to align them with a revised new code and to make these pacts public.
Paul Sanchez attended the fourth edition of the Central European University School of Public Policy-NRGI course on reversing the resource curse to learn more about Mexico’s extractives challenges and parallels elsewhere. These are his perspectives.
There are local innovations to reverse or prevent the resource curse in localities. But in a unitary state like Indonesia, the role of the central government is indispensable in supporting policy innovations and providing guidance to make sure that extractive resources are turned into sustainable development.
After enjoying one of the greatest mining booms in its history, Zambia is now suffering. The price of copper—a metal on which much of the country depends—has fallen by half in the last five years. The government is now faced with several tax-related challenges.
To comply with new U.K. reporting regulations, global commodities giant Glencore published a report today that summarizes the payments it made to governments in 2015. The figures shed light on the company’s extensive exploration and production activities. Glencore’s even larger trading business, however, remains in the dark.