#Uganda 🇺🇬 achieved a moderate score in implementing the #EITIStandard, having made strides in improving sector transparency by establishing a robust multi-stakeholder platform and undertaking reforms to its Minerals Act. 👇 https://lnkd.in/emqJfxPY
EITI (Extractive Industries Transparency Initiative)’s Post
More Relevant Posts
-
Championing Environmental Sustainability and Transparency in Nigeria's Extractive Industry: A Focus on Solid Minerals The federal government of Nigeria initiated the construction of a “$250 million lithium factory in Nasarawa State. The mega factory when completed would process 18,000 metric tons of lithium per day and 4.5 million metric tons annually. The extractive sector, particularly solid minerals, is a significant contributor to Nigeria's economy. However, it's crucial that this contribution doesn't come at the expense of our environment. Sustainable practices in mining are not just a regulatory requirement; they are a moral imperative for the preservation of our planet for future generations. Best Practices for Sustainable Mining a) Implementing comprehensive environmental management plans. b) Adopting technologies that reduce environmental impact. c) Ensuring systematic rehabilitation of mining sites post-extraction. (this approach has been lacking in many mining sites in Nigeria, with little or no enforcement) Transparency in the extractive sector is key to building trust among stakeholders – from local communities to international investors. It's essential for managing social and environmental impacts and ensuring fair distribution of economic benefits. As Nigeria increases its revenue drive be exploring more opportunities in the sector, the care for the environment should remain at the front burner. #AI can also be intergrated to help the survellance unit of the ministry of Solid minerals to track land use changes, restoration and rehabilitation activities #environmentalsustainability #sdg #climateaction #emissionsreduction #ai
To view or add a comment, sign in
-
Interim Europe Regional Director at the Extractive Industries Transparency Initiative (EITI). Passionate about sustainable development leadership and innovation.
Chile intends to join the EITI (Extractive Industries Transparency Initiative). Implementing the EITI’s reporting framework and multi-stakeholder platform could enable Chile to strengthen public oversight across its mineral value chain. https://lnkd.in/dQjw9bwE #chile #lithium #governance #minerals #transparency #sustainability
Chile confirms its intention to join the EITI
eiti.org
To view or add a comment, sign in
-
#esg has become a mantra but it's crucially important that the real meaning and impact remains transformative and sustainable for resource communities. PolyGuard Investment Nigeria Ltd over the weekend had community sensitization meeting with Mrs Usman; the Federal Environmental and Community relations Officer on ground witnessing as per the status of the revised guidelines on Community Development Agreement (CDA), ESG as it's called in other localities, wherein we discussed our activities last year and our plans for this year. #largescale #mining anticipated impacts must be explained for understanding and communal buyin. As they say; "when we walk together, the distance appears near" that is why we desire an off take that has capacity for huge volume of diverse materials due to our best in class geology, The coast is clear for determined scooping, processing and supply of high grade #barite, #lead, #zinc, #manganese etc. Kindly contact us to discuss your traceable, sustainable and structured supply. W: https://lnkd.in/dqcs9nG E: [email protected] T/W: +2347034879140 Chevron Shell TotalEnergies NNPC Limited Dangote Petroleum & Petrochemicals Sterling Global Oil Resources Ltd, Lagos, Nigeria GEOMUD NIG LTD (STERLLING GROUP OF COMPANIES) Schulumberger Halliburton African Minerals Development Centre (AMDC) African Export-Import Bank (Afreximbank) African Development Bank Group Central Bank of Nigeria Nigerian Export Import Bank - NEXIM UNIDO PetroChina International (America), Inc. API - American Petroleum Institute Chugoku Marine Paints, Ltd NIPSEA Group I Nippon Paint National Paints Jazeera Paints Jotun AkzoNobel Future Minerals Forum #africawewant #batterymetals #paint #enamel #coatings 'Dele Ayanleke Janet Adeyemi Rob Karpati Charlotte Nangolo Lumun Amanda Feese Tshepo Magagane Chibuike Alan Ochiuwa Anthony Sampson-Young Jean-Marc Ricca Yahaya Abdul-Qudus Hooman Askari Todd Brenot
To view or add a comment, sign in
-
Never has extractive industry transparency been more critical than in shaping the energy transition, as resource rich countries will face an exponential increase in demand which will lead to wealth generation. This presents both huge risk and opportunity. This was the BHP Foundation’s key message at 2023 EITI (Extractive Industries Transparency Initiative) Global Conference held in Dakar, Senegal. BHP Foundation CEO James Ensor also outlined a pioneering solution: the Opening Extractives program, that aims to transform the availability and use of beneficial ownership information for effective governance in the extractive sector. 📘 Learn more about this solution supported by the BHP Foundation Natural Resource Governance Program: https://lnkd.in/gddpwwPs #TransparencyInTransition
Exponential increase in demand for transition minerals: risk and opportunity
bhp-foundation.org
To view or add a comment, sign in
-
Zambia's Mineral Trading Permit Process A mineral trading permit is a legal authorization or license granted by a government or regulatory authority that allows individuals or companies to engage in the buying, selling, and trading of minerals within a specific jurisdiction. The permit is typically required to ensure compliance with legal and regulatory frameworks governing mineral trade, including environmental, social, and economic considerations. A mineral trading permit is distinct from a mining license, as it specifically pertains to the trading aspect of the mineral industry rather than the extraction or production of minerals. It is usually applicable to both domestically produced minerals and imported minerals that are intended for trade within the country. The issuance of a mineral trading permit involves a regulatory process, which may vary depending on the country or jurisdiction. The permit may require applicants to demonstrate their legal standing, financial capacity, and compliance with relevant regulations, including tax obligations, environmental impact assessments, and adherence to ethical sourcing standards. In Zambia, a mineral trading permit is a legal authorization granted by the Zambian government to individuals or companies involved in the buying, selling, and trading of minerals within the country's jurisdiction. The permit is issued by the Ministry of Mines and Mineral Development or other relevant regulatory bodies and is required to ensure compliance with the country's laws and regulations governing mineral trade. The Zambian mineral trading permit is necessary for both domestic mineral producers and traders as well as those involved in the import and export of minerals. It aims to regulate and monitor the mineral trade, promote transparency, prevent illegal activities, and ensure responsible sourcing and trading practices. To obtain a Zambian mineral trading permit, Read full article on our Website or Contact us on (+260) 972548430 or on our official website on https://cooperlemon.com #mineraltradingpermit #ZambiaMining #legalcompliance #ethicalsourcing #SustainableDevelopment #TradeResponsibly #MineralIndustry #zambiabusiness #regulatorycompliance #miningpermit #MineralTrade #zambiaeconomy #responsibletrading #transparentbusiness #zambiangovernment #mineralregulations #tradewithintegrity #zambiaminerals #mininginzambia #ZambiaTradePermit #MineralTransaction #EnvironmentalStandards #taxcompliance #supportlocaleconomy #zambiagrowth #MineralTradingGuidelines #ZambiaBusinessLaw #miningethics #consultwithauthorities #zambiaministryofmines
To view or add a comment, sign in
-
Geotechnical Engineer | Hands-on Experience in Open Pit Mining Operations | 1st Mining Geotechnical Engineer in Nigeria.
Exciting Possibilities for Carbon Zero in Nigeria's Mining Industry! I recently had the privilege of attending the African Natural Resources and Energy Investment Summit (AFNIS), where industry leaders converged to discuss the pivotal role of the mining sector in achieving sustainable and environmentally responsible practices. The discussions were not only enlightening but also sparked a renewed commitment to exploring avenues for a carbon-zero future in Nigeria. As a dedicated mining industry professional, I am thrilled to be part of a community that is actively seeking solutions to minimize our carbon footprint. The AFNIS deliberations highlighted key areas for transformation: 1️⃣ Green Financing: There is a growing recognition of the need for financial mechanisms that support eco-friendly initiatives in the mining sector. Green financing can pave the way for innovative projects that prioritize sustainability and environmental stewardship. 2️⃣ Tax Incentives for Greenhouse Emission Reduction: Governments and industry regulators can play a crucial role in incentivizing companies to adopt environmentally friendly practices. Implementing tax incentives for reducing greenhouse emissions will encourage the mining industry to invest in cleaner technologies. 3️⃣ Net Zero Commitments: Setting ambitious targets for achieving net-zero emissions is imperative. The mining industry must embrace and implement strategies that contribute to a carbon-neutral future. This commitment involves adopting cleaner energy sources, optimizing operational processes, and investing in carbon capture technologies. 4️⃣ Carbon Credits: Exploring the potential of carbon credits can be a game-changer. By engaging in carbon offset projects and trading, the mining industry can contribute to global efforts to mitigate climate change while achieving economic benefits. The path to carbon zero in Nigeria's mining sector is undoubtedly challenging, but it presents unparalleled opportunities for innovation, collaboration, and sustainable growth. I am optimistic about the positive impact we can make collectively to drive change, foster innovation, and propel Nigeria towards a future where carbon emissions are not just minimized but eliminated. Together, we can achieve a sustainable and environmentally conscious mining sector that benefits our nation and the planet. #MiningIndustry #Sustainability #CarbonZero #AFNIS #GreenFinancing #NetZero #CarbonCredits #EnvironmentalStewardship
To view or add a comment, sign in
-
Australian miners in #Africa have some pretty interesting #risks and #opportunities to manage with respect to #sovereign #risk and #esg. Are you a company operating in #Africa and doing some good in the #esg space? Take a look at the 2023 Australia-Africa Minerals & Energy Group (AAMEG) Africa Awards. You do not have to be a member, it’s not an onerous process and it does not cost you to enter. Share your stories and help us celebrate your greatness. Disclosure: I am on the judging panel. #mining #resources #nonexecutivedirectors #leadership #advocacy #government #boards #boardofdirectors #ceo #managingdirector #environment #sociallicense #governance #Australia
Miners embrace ‘warm heart of Africa’
theaustralian.com.au
To view or add a comment, sign in
-
Saudi Arabia is fast emerging as a rising star in the mining industry. After a scintillating Future Minerals Forum in Riyadh in Jan 2024, UNIDO has announced the establishment of a “Global Alliance and Partnership for Responsible and Green Minerals”, in cooperation with international partners and the Kingdom of Saudi Arabia to promote a socially responsible and environmentally sound mining sector. The Alliance will work to set up international guidelines and benchmarks for sustainable critical minerals supply chains, help countries with the implementation of standards and policies, supported by a sound certification system. Participating countries and industry stakeholders will benefit from knowledge transfer and capacity building. Alignment of policy, technology and financing approaches will be at the core of the new Alliance, promoting a fair and green sector that supports inclusive and sustainable economic development. https://lnkd.in/d4rkY4NX
UNIDO announces launch of Global Alliance for Responsible and Green Minerals in cooperation with Saudi Arabia | UNIDO
unido.org
To view or add a comment, sign in
-
💡 Check out Louis Butt and Ian Wangoto's latest piece on 🇳🇦 Namibia's rare earth mineral (REM) export ban. In this article, Louis and Ian aim to analyse the domestic and international implications of the ban and draw insights for companies exposed to the Namibian mineral market. "Minister Alweendo’s subsequent amendment of the ministry’s mining licence application process indicates that the Namibian government may not have in place the requisite regulatory framework to eliminate illegal activity but also shows that it is willing to take steps towards mitigating corruption risks." https://lnkd.in/eysN78cm #africa #namibia #africadeskanalysis #rareearthminerals #REMs
Namibia’s Mineral Export Ban — London Politica
londonpolitica.com
To view or add a comment, sign in
-
https://lnkd.in/eWbCp5hV The new forthcoming UN guidlines on ethical practices in the critical minerals industry are imperative, unfortunatley however, they are toothless as they will not be enforceable, they will be voluntary. The EUs own Conflict Materials Regulation has been operating since 2021 and does go further by trying to ensure some ethical practice regarding mineral imports to the block. I wonder how effective this has been?
UN-led panel aims to tackle abuses linked to mining for ‘critical minerals’
theguardian.com
To view or add a comment, sign in
14,792 followers