e tractive mining procurement challenges

Feb 13, 2020 · The OGP and EITI already advise that state-owned extractive companies should share information on their procurement processes. But what about procurement by ­non-state extractive industry companies?. Ahead of the 44 th Board Meeting of the EITI last November in Addis Ababa, the Natural Resource Governance Institute (NRGI)’s Alexandra Gillies wrote a Discussion Paper that

Apr 26, 2021 · The extractive industries sector plays a strong economic role in 63 countries, but many of these countries face challenges, such as resource dependency and weak governance. The World Bank helps developing countries manage oil, gas and mining in a way that contributes to sustainable growth and development, protects communities and reduces carbon emissions

reviews some of the dominant thinking about the opportunities and challenges of resource-led development and explains in detail the approach of the Oil, Gas, and Mining: A Sourcebook for Understanding the Extractive Industries. It charts the emergence of the “development model,” which sees positive outcomes from EI activity if certain

Among OECD countries, oil, gas and mining enterprises had the highest rates of corruption and irregular practices among SOEs over the last three years. These sectors are likely to be characterized by natural monopolies, are particularly secretive and are engaged in high-value procurement projects, which makes them targets for rent seekers

Jul 01, 2017 · Local procurement must always be planned and evaluated while considering all other potential positive and negative impacts of mineral extraction. It is completely possible that even with a well-managed local procurement plan, a proposed mining project simply may not make economic sense for a country to pursue given the trade-offs

Extractive Industries At-A-Glance. About 3.5 billion people live in countries rich in oil, gas, or minerals. But, all too often, these resources have become a source of conflict rather than opportunity. Many of these countries also suffer from poverty, corruption, and

Aug 14, 2019 · A similar approach could be applied to any number of existing frameworks. During the event in Paris, MSV presented its Mining Local Procurement Reporting Mechanism (LPRM) as a standardized format for mining companies to share site-level information on their local procurement efforts and results. Countries might adopt and require reporting based

Dec 02, 2020 · Explainer: the opportunities and challenges of the lithium industry. Powering the global electric vehicle revolution, lithium is highly prized. Yet, resource sovereignty, the metal’s water footprint and recycling offer unresolved challenges. Lithium mining taking place in Salar de Uyuni, Bolivia

The current turbulence in the mining industry in South Africa has its roots in several different factors. First, the fall in global demand for platinum and other minerals due to recession; second, the consequences of the Marikana disaster in destabilising labour relations; and third, the structural character of our mining industry. A great deal has been written about the first two factors, so

Mar 21, 2020 · 4 Procurement Challenges to Expect During the COVID-19 Pandemic. Published on March 21, 2020 at 9:05 pm by Insider Monkey Staff in Economy, News

This report examines leading practice in Aboriginal procurement in the extractive resource sector in Australia. The focus is on Aboriginal business engagement, as distinct to direct employment, by extractive companies and their contractors. That said, recognising that Aboriginal businesses typically demonstrate higher rates of Aboriginal

Jul 26, 2021 · Colombia’s mining sector scored 75 out of 100 points in the 2021 Resource Governance Index (RGI), placing it in the “good” performance band. The assessment, which focused on gold mining, shows an increase of 6 points since the 2017 RGI. The scores for the components and subcomponents in the 2021 RGI for the mining sector in Colombia range

Challenges to domestic participation. Despite the opportunities, the benefits of extractive industries through procurement services do not accrue automatically and evenly across countries, sectors and local communities. ... – Increasing Local procurement by the mining industry in

Aug 21, 2020 · Extractive industry local procurement is addressed in legislation and regulations by virtually all of the countries in the SADC region that have some level of mining or petroleum activity. The Democratic Republic of Congo (DRC), Namibia, South Africa and Tanzania have more detailed approaches, while most of the other countries in the region

Challenges and Issues of CSR in extractive Industry. Multinational companies usually face many challenges in proper implementation of CSR due to which CSR still has weak approach in implementing it and resultant in failure. In other manufactured companies may have option to locate or set up their operation, accordingly but in order to set up

Mining Equipment. Companies in the mining equipment sector require expensive and sophisticated equipment to meet customer demands, and achieving cost savings through procurement and the supply of improved mining equipment is a major concern. Numerous mining companies have deferred investments in new mining projects due to declining commodity

Jul 16, 2021 · Ghana is the largest gold producer in Africa and the eighth largest in the world as of 2020. In 2018, gold production accounted for over 2.5% of world gold production with an outturn of almost 5 million oz up from 2015 outturn of 3,623,740 oz. Diamond production has been on a decline. Production in 2009 of 376,000 carats has slowed to 100, 328

Sustainability, an international, peer-reviewed Open Access journal. Dear Colleagues, The demand for raw materials and critical raw materials (e.g., REE, PGE, Li, Co, Ga, Ge, Re) is continuously growing, something which is highly connected to the development of climate