Natural Resource Charter

Natural Resource Governance Institute (NRGI) | Document | 2014

The Natural Resource Charter is a set of principles for governments and societies on how to best harness the opportunities created by extractive resources for development. It is not a recipe or blueprint for the policies and institutions countries must build, but instead provides the ingredients suc...


Africa Mining Vision: February 2009

African Union | Document | 2009

On 20-22 August 2008, the United Nations Economic Commission for Africa (ECA) convened a meeting of the technical taskforce to draft the new Africa Mining Vision in preparation for the First African Union Conference of Ministers Responsible for Mineral Resources Development. The taskforce, jointly ...


Commodity Price Shocks and the Australian Economy since Federation

Oxford Centre for the Analysis of Resource Rich Economies | Document | 2010

Australia has experienced frequent and large commodity export price shocks like Third World commodity exporters, but this price volatility has had much more modest impact on economic performance. Why? This paper explores Australian terms of trade volatility since 1901. It identifies two major price ...


Minerals and Africa's Development: The International Study Group Report on Africa’s Mineral Regimes

United Nations Economic Commission for Africa (UNECA) | Document | 2011

This report on Africa’s mineral development regimes was prepared by the International Study Group (ISG) established in 2007 by the United Nations Economic Commission for Africa (UNECA). It analyses African mining from a number of complementary perspectives, driven by a search for new directions bas...


Blessing or Curse? The rise of mineral dependence among low- and middle-income countries

Oxford Policy Management (OPM) | Document | 2011

This report, produced by Oxford Policy Management’s Extractive Industries team, analyses the recent evolution of mineral dependence among low- and middle-income countries, including their relative vulnerability to the resource curse. The analysis reveals that there has been a strong increase in min...


Natural Resource Exploitation Challenges and Opportunities for LDCs

Commonwealth Secretariat | Document | 2011

The least developed countries (LDCs) have long been heavily dependent upon natural resource exports. This is both a problem and an opportunity. It is a problem because natural resource extraction does not directly employ many people and so has only limited direct transmission on to the incomes and w...


A new normal or the bottom of the cycle? Mergers, acquisitions and capital raising in mining and metals

Ernst & Young (EY) | Document | 2016

For the fifth consecutive year, the mining sector has experienced a decline in deal activity. This comes as no surprise given the huge uncertainty over long-term fundamentals and increasing levels of financial distress throughout the sector. However, this distress may be the precursor to recovery in...


Global boom, local impacts: mining revenues and subnational outcomes in Peru 2007-2011

Omar Zambrano, Marcos Robles and Denisse Laos | Document | 2016

The relationship between the abundance of natural resources and socio-economic performance has been a main object of study in the economic development field since Adam Smith. Dominated by the verification of the so called curse of natural resource, the mainstream literature on the topic has been mos...


World Gold Council, Gold Demand Trends Q2 2016

World Gold Council | URL | 2016

This webpage provides access to the Gold Demand Trends Q2 2016 report and data. The key findings are that the continued growth in Q2 2016 (+15%) brought total H1 gold demand to 2,335t – the second highest first half on record. Huge ETF inflows during the first six months (+579t) were counterbalanced...


The Relative Volatility of Commodity Prices: A Re-Appraisal

Oxford Centre for the Analysis of Resource Rich Economies | Document | 2011

This paper studies the volatility of commodity prices on the basis of a large dataset of monthly prices observed in international trade data from the United States over the period 2002 to 2011. The conventional wisdom in academia and policy circles is that primary commodity prices are more volatile ...


Guinea Example Mining Contract (in French)

Republic of Guinea | URL | 2014

Guinea example Mining Contract Amendment & Contract Annex, Alliance Mining Commodities Guinee SA, Amendment, Annex, 2014 (in French). Mineral target: bauxite. Example sub-Article, 19.1, relates to State Participation: 19.1 Participation de I'Etat au capital de la Societe. En contrepartie de la Conve...


Blogpost by Oxfam's Extractive Industries program

Katherine Stanley | URL | 2017

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.


Managing Commodity Lifecyles (Mining): Government Revenue Contributions

Adam Smith International | Document | 2017

This table lists government revenue contributions of various countries, as described in the “The role of the state in managing mineral commodity price cycles” section of the “Managing Commodity Lifecycles (Mining)” topic on the Extractives Hub.


Managing Commodity Lifecycles (Mining) Topic

Adam Smith International | Document | 2017

This document is the PDF version of the "Managing Commodity Lifecycles (Mining)" Topic page on the Extractives Hub, which can also be found here - https://beta.extractiveshub.org/topic/view/ID/13.


Existence of Equilibria in Exhaustible Resource Markets with Economies of Scale and Inventories

Oxford Centre for the Analysis of Resource Rich Economies | Document | 2014

The paper proves the existence of equilibrium in non-renewable resource markets when extraction costs are non-convex and resource storage is possible. Inventories flatten the consumption path and eliminate price jumps at the end of the extraction period. Market equilibrium becomes then possible. The...


Centre for Sustainability in Mining and Industry, Witwatersrand University (Website)

Witwatersrand University | URL | 2017

This is the website of the Centre for Sustainability in Mining and Industry at Witwatersrand University. The centre was initially established to respond to the recommendations of the Mining, Minerals and Sustainable Development (MMSD) project. This was a global effort to determine how the mining ind...


Time for Change in Nigeria

Doye Balogun | Document | 2016

This article calls for change in Nigeria and diversification of its mining industry.


A New Normal or the Bottom of the Cycle?: Mergers, Acquisitions and Capital Raising in Mining and Metals - 2015 Trends and 2016 Outlook

EY | Document | 2015

For the fifth consecutive year, the sector has experienced a decline in deal activity. This comes as no surprise given the huge uncertainty over long-term fundamentals and increasing levels of financial distress throughout the sector. However, this distress may be the precursor to recovery in deal v...


Navigating the New Normal: China and Global Resource Governance

Development Research Center of the State Council and Chatham House | Document | 2016

China should take a growing role in global resource governance, but policy-makers will need to consider the costs and benefits of specific options, as well as the perceptions and reactions of other countries. While China may seek to reform existing rules-based governance, this will not be possible w...


Adjusting to the Extractive Industries "New Normal"

GOXI | Document | 2015

This blog post focuses on changes in the mining industry. From the summer of 2002 to that of 2007, Anglo American PLC’s share price marched upwards, with only minor and short-lived reverses, from about £8.36 at the start of August 2002 to £32.22 by June 8th 2007, a rise of nearly 300% in less than f...