In Latin America, major governance challenges hinder the positive impact natural resources could have on economic and social development. In this post the authors put forth four priority actions that can shape the region’s extractive sector in the years to come.
Le rapport ITIE 2017 de la Guinée publié en mai 2019 confirme la dynamique expansionniste observée depuis 2014 dans le secteur minier en Guinée, tirée principalement par la bauxite qui a représenté 76% des revenus issus du secteur extractif en 2017.
Mining subcontractors are important taxpayers and drivers of economic development. But they have not received the same level of attention as mining companies do in terms of transparency, accountability or tax contributions.
In the first part of this two-part series, NRGI senior economic analyst Thomas Lassourd shares insights from publicly available EITI datasets on payments made by mining companies to the governments of Guinea and the Democratic Republic of Congo.
At the formal launch of the ResourceContracts.mn contracts portal on 22 April, Mongolia’s deputy minister of mines and heavy industry reaffirmed the country’s commitment to publishing mining and petroleum contracts and announced the public release of over 150 new contracts. After several years of stuttering progress on contract transparency in Mongolia, this is welcome news.
As a global transparency initiative prepares to require member governments to publish the contracts they sign with oil, gas and mining companies, an executive for French oil major Total discusses the potential benefits of contract disclosure for investors in Myanmar.