Skip to main content
  • News
  • Events
  • Blog
  • Search

Natural Resource Governance Institute

  • Topics
    Beneficial ownership
    Economic diversification
    Mandatory payment disclosure
    Revenue sharing
    Civic space
    Energy transition
    Measurement of environmental and social impacts
    Sovereign wealth funds
    Commodity prices
    Gender
    Measurement of governance
    State-owned enterprises
    Contract transparency and monitoring
    Global initiatives
    Open data
    Subnational governance
    Coronavirus
    Legislation and regulation
    Revenue management
    Tax policy and revenue collection
    Corruption
    Licensing and negotiation
  • Approach
    • Stakeholders
      • Civil society actors
      • Government officials
      • Journalists and media
      • Parliaments and political parties
      • Private sector
    • Natural Resource Charter
    • Regional knowledge hubs
  • Countries
    NRGI Priority Countries
    Colombia
    Guinea
    Nigeria
    Tanzania
    Dem. Rep. of Congo
    Mexico
    Peru
    Tunisia
    Ghana
    Mongolia
    Senegal
    Uganda
    OTHER COUNTRIES
  • Learning
    • Training
      • Residential training courses
        • Executive
        • Anglophone Africa
        • Francophone Africa
      • Online training courses
        • Advanced
        • Negotiating Contracts
        • Massive open online course (MOOC)
        • Interactive course: Petronia
      • Trainers' modules
        • (empty)
    • Primers
    • Glossary
  • Analysis & Tools
    • Publications
    • Tools
    • Economic models
  • About Us
    • What we do
      • 2020-2025 Strategy
      • Country prioritization
    • NRGI impact
    • Board of Directors
    • Emeritus Board Members
    • Advisory Council
    • Leadership team
    • Experts and staff
    • Careers and opportunities
    • Grant-making
    • Financials
    • Privacy policy
    • Contact us
  • News
  • Events
  • Blog

You are here

  1. Home
  2. Analysis & Tools
  3. Publications

Copper Giants: Lessons from State-Owned Mining Companies in the DRC and Zambia

8 April 2015
Author
David ManleyWebby Wake
Download
Les Géants du Cuivre (French) (PDF 1.78 MB)
Copper Giants (English) (PDF 1.78 MB)
Topics
State-owned enterprises
Countries
Dem. Rep. of CongoZambia
Stakeholders
Civil society actorsGovernment officialsParliaments and political parties
Precepts
P1 P2 P6 P12 What are Natural Resource Charter precepts?
Social Sharing

Throughout much of the world, governments have entrusted state-owned enterprises with major responsibilities for developing and managing natural resource extraction projects. In some cases these companies have been effective vehicles for the development and execution of state policy. In others, they have fostered inefficiency, revenue shortfalls and corruption. To examine the governance of state-owned ventures in the mining sector and tools that governments can use to promote effective performance and accountability, the Natural Resource Governance Institute (NRGI) commissioned country studies from Zambia and the Democratic Republic of Congo, in which NMCs have played a central role in the management of large deposits of copper, cobalt and other minerals.

Based on the experiences of these two case studies, the report highlights six main recommendations, detailed in the full document, for governments who are in the process of creating, developing or reforming State-Owned mining companies:

 

  1. Leadership of state-owned mining companies should have realistic ambitions, clear goals and well-defined corporate mandates.
  2. State-owned mining companies should aim for commercial efficiency.
  3. State-owned mining companies should plan for the long term.
  4. Incorporation and organization of state-owned mining companies should promote efficiency and accountability.
  5. State-owned mining companies should generally not hold licensing powers.
  6. NMCs should adhere to the same or higher standards of disclosure as private companies face, and should be subject to clear oversight.

Related content

Countries Struggling with Governance Manage $1.2 Trillion in Resource Wealth

David MihalyiAnna Fleming
8 September 2017

The 2021 Resource Governance Index Research Process is Underway

Liz McGrathAnna Fleming
13 July 2020

NRGI’s Top 10 Blog Posts in 2016

13 December 2016

Resource Governance Index: Sub-Saharan Africa Highlights

31 January 2019

Might the U.K. and the U.S. Exhibit Leadership in Addressing State Capture and Legal (as well as Illegal) Corruption?

Daniel KaufmannAlexandra Gillies
25 April 2016
Helping people to realize the benefits of their countries’ endowments of oil, gas and minerals.
Follow on Facebook Follow on Twitter Subscribe to Updates
  • Topics
    Beneficial ownership
    Civic space
    Commodity prices
    Contract transparency and monitoring
    Coronavirus
    Corruption
    Economic diversification
    Energy transition
    Gender
    Global initiatives
    Legislation and regulation
    Licensing and negotiation
    Mandatory payment disclosure
    Measurement of environmental and social impacts
    Measurement of governance
    Open data
    Revenue management
    Revenue sharing
    Sovereign wealth funds
    State-owned enterprises
    Subnational governance
    Tax policy and revenue collection
  • Approach
    • Stakeholders
    • Natural Resource Charter
    • Regional knowledge hubs
  • Priority
    Countries
    • Colombia
    • Dem. Rep. of Congo
    • Ghana
    • Guinea
    • Mexico
    • Mongolia
    • Nigeria
    • Peru
    • Senegal
    • Tanzania
    • Tunisia
    • Uganda
  • Learning
    • Training
    • Primers
  • Analysis & Tools
    • Publications
    • Tools
    • Economic models
  • About Us
    • What we do
    • NRGI impact
    • Board of Directors
    • Emeritus Board Members
    • Advisory Council
    • Leadership team
    • Experts and staff
    • Careers and opportunities
    • Grant-making
    • Financials
    • Privacy policy
    • Contact us
  • News
  • Blog
  • Events
  • Search