Articles

A proposed law to manage Uganda's burgeoning oil industry will require companies to give priority to Ugandan suppliers and personnel when seeking contractors and employees, according to reports.

On 26 March, the Canadian government unveiled a series of measures to promote corporate social responsibility (CSR) in the extractive sector.

Many oil and mining companies are slashing investments as commodity prices collapse. For their own sake, the socio-political fall out will need to be sensitively managed.

After several years of headlong expansion, big oil and mining companies are pulling up abruptly. Soaring commodity prices, which during the past year have broken records in markets from crude oil to copper, have slumped across the board since July 2008.

Together with the impact of the credit crunch on project finance, this drop has forced scores of extractive companies to cut back on new investments and scale down production at many existing operations.

Experts in Responsible Investment Solutions (EIRIS) report on responsible business practices finds insufficient ESG risk management and inadequate disclosure and advocates PRI involvement for responsible investors.

Stakeholders in the mining sector within the sub-region are putting in place a harmonized mining code that will ensure that respective countries maximize the full benefit of their natural resources.

[Access to full article requires paid subscription] JURUTI, Brazil -- The global commodities boom has spurred Alcoa Inc. to spend more than $35 million to bring a hospital, water system and technical skills to this remote jungle town.

The aim is to keep the peace while developing a mine that it hopes will supply 10% of the world's bauxite, a major ingredient for making aluminum.

Humanitarian efforts stemming from the New York aluminum company's Juruti investment marks a shift in the balance of power between Western mineral companies and residents of resource-rich countries. Growing demand from nations like China has sent Western companies to more remote and ...

Western mining companies with investments in the Congo discovered last week the terms they can expect from the new regime. A long-delayed review of mining licences was completed on February 18, and mining companies’ response to it will help decide the pace and direction of the country’s economic recovery.

In 2010 the Mexican mining company Peñoles could be using a unique, more environmentally-friendly method for extracting gold and silver from ore -- but convincing the company to consider the new approach was not easy.

Less than one month after a devastating mining incident rocked the United States, a coalition of some of the world’s leading environmental and humanitarian aid groups is calling for tighter environmental and safety rules for the global mining projects financed by the World Bank.