Research for the 2021 edition of NRGI's Resource Governance Index has begun. The index measures the governance of oil, gas and mining sectors in resource-producing countries and provides freely available public data to help inform evidence-based decision-making.
So far the Mongolian government has failed to introduce necessary laws and regulations to promote transparency around mining company ownership. NGOs can lead by taking initiative and pushing the reform process.
An NRGI staff member recently spoke with Austrade about developments in the Myanmar's mining sector. Their conversation focused on Myanmar’s challenges in attracting foreign investment to generate government revenue while ensuring the sector’s environmental and social impacts are properly managed.
Multinational companies regularly hire agents and fixers to help them win lucrative business in complex or unfamiliar environments. These intermediaries provide introductions, intelligence and an on-the-ground presence in far-flung lands. Sometimes they also serve as conduits for bribes.
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.
La buena gobernanza de los recursos mineros y energéticos aún no es la norma a nivel mundial. A pesar de que muchos países cuentan con grandes reservas de minerales, gas y petróleo, existe una compartida incapacidad por transformar estos recursos en desarrollo sostenible. Esta “maldición” persigue especialmente a países en África, Asia y América Latina.
Due to the large sums of money involved, subcontracting carries risks. Procurement deals are less visible and more numerous than the high-profile processes used to award exploration and production rights, and they are harder for government regulators, the media and civil society to scrutinize. They are therefore a common node for corruption.