News

Negotiating complex mining deals can be challenging for resource-dependent countries under any circumstances. But commodity price volatility adds an additional challenge to the mix, as Mongolia’s recently concluded renegotiation with Rio Tinto on the Oyu Tolgoi project illustrates.

At the end of the last commodity super cycle in the mid-1980s, the future looked bleak for producing countries. The Prebisch-Singer hypothesis suggested that commodity prices would continue falling relative to the price of manufactured goods – which was not good for countries that were selling their resources in order to finance industrial expansion...

NRGI conference webcast tomorrow and Friday, new EITI dataset

In the past six months, 24 countries have released new Extractive Industries Transparency Initiative reports disclosing over $200 billion in payments from more than 2,000 companies. These are the first reports prepared under the broader EITI Standard that was introduced in 2013...

Columbia Center on Sustainable Investment (CCSI) experts Lisa Sachs and Nicolas Maennling discuss public policies, from managing resource revenues to diversifying the economy, that can help countries reduce dependency on extractive industries and prosper through volatile commodity cycles.

Guest author Dr. Carole Nakhle analyzes the shifting bargaining power of companies and governments under current price developments and how many companies are taking advantage of the situation to improve their fiscal terms. This bears lessons for policy makers and all interested stakeholders.

NRGI in the News and on the Web