Managing Commodity Lifecycles, Mining


1. Blogpost on including externalities into cash flow calculations compiled by Oxfam's Extractive Industries program

This blog post critically reviews the cash flows statistics often used in the extractive sector and argues that the negative externalities to the environment and the local community need to be included in any projections.

2. Building bridges between the money and the many in mining blogpost compiled by Abbi Buxton (International Institute for Environment and Development)

This blog reports on efforts to overcome distrust and conflict between artisanal and large-scale mining operations, through an international project that will bring the two sides together to seek sustainable ways to coexist.

3. Preventing Tax Base Erosion in Africa: A Regional Study of Transfer Pricing Challenges in the Mining Sector produced by the Natural Resource Govrenance Institute
This study assesses the development and implementation of rules to monitor transfer pricing in the mining sector in countries with varied experiences. As illustrated in the accompanying case studies, Ghana, Guinea, Sierra Leone, Tanzania and Zambia face several major challenges in implementing transfer pricing rules.

4. The fiscal management of natural resource revenues in a developing country setting published by the World Bank in April 2012

This article proposes ways to design a fiscal rule for developing countries. The concluding section provides general lessons for policy practitioners and advisors. It outlines certain good-practice principles underlying rules-based fiscal approaches to managing natural resource revenues. Based on these principles, this note proposes an approach to determining a nonoil deficit rule, using Kazakhstan as a case study, and simulates the impacts within a median-term fiscal framework.