#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
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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
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⚒ 𝐈𝐧𝐚𝐮𝐠𝐮𝐫𝐚𝐥 𝐂𝐚𝐩𝐚𝐜𝐢𝐭𝐲 𝐁𝐮𝐢𝐥𝐝𝐢𝐧𝐠 𝐟𝐨𝐫 𝐭𝐡𝐞 𝐀𝐒𝐌 𝐬𝐞𝐜𝐭𝐨𝐫 𝐢𝐧 𝐙𝐢𝐦𝐛𝐚𝐛𝐰𝐞 – 𝐅𝐨𝐬𝐭𝐞𝐫𝐢𝐧𝐠 𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐢𝐛𝐥𝐞 𝐋𝐢𝐭𝐡𝐢𝐮𝐦 𝐄𝐱𝐭𝐫𝐚𝐜𝐭𝐢𝐨𝐧 Within the AfricaMaVal project, a critical aspect is dedicated to driving Environmental, Social, and Governance (#ESG) enhancements throughout the raw materials value chain. Specific project activities seek to address the considerable ESG challenges inherent in the sector and aim to foster best practices for #responsible extraction. As AfricaMaVal consortium partner, the World Resources Forum is responsible for organising #ASM trainings in different African countries in 2024. Recently, the first capacity-building programme for artisanal and small-scale mining (ASM) in Bulawayo, Zimbabwe has been completed successfully. 📢 Stay tuned and follow us to hear more about the capacity building and ASM voices. 👉 Read the full article: https://lnkd.in/eXjJdJwh 👉 Learn more about the AfricaMaVal project: https://africamaval.eu/ AfricaMaVal | Zimbabwe Environmental Law Association ZELA | Zimbabwe School of Mines
Inaugural Capacity Building for the ASM sector in Zimbabwe - Fostering Responsible Lithium Extraction - World Resources Forum
https://www.wrforum.org
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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
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⛏️ As mining activities surge in Zambia's Copperbelt, it's crucial to stay informed about the latest environmental, social, and governance (ESG) regulations governing the sector. Malisa & Partners Legal Practitioners unpack these succinctly in their latest blog.
ESG Regulations in the Mining Sector in Zambia - Malisa & Partners
https://www.malisaandpartners.law
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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
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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
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Value Addition: Africa's New Strategy for Mineral Wealth How the continent is taking bold strides to keep maximum benefits within its borders Africa possesses exceptional mineral wealth—a treasure trove holding the key to the continent's economic transformation. However, despite bountiful resources, the continent has mainly exported raw materials, leaving untapped potential. Now, Africa is at a turning point, determined to capture greater value from its vast extractive resources through strategic value addition initiatives. Recent advancements, such as local mineral processing facilities such as gold refineries, battery production zones for electric vehicles (EVs), and major oil refineries, demonstrate a focused commitment to shifting away from reliance on raw material exports towards sustainable industrialization and economic growth. Numerous African countries have implemented plans to maximize returns on their resources. Kenya has invested in a gold refinery and granite processing plant. Zimbabwe and Namibia have banned exports of unprocessed lithium to drive domestic industries. Similarly, Nigeria plans to grant mining licenses solely to firms committed to local mineral processing, aiming to create jobs and extract more value from resources. Investors will receive incentives like tax waivers and streamlined access to electricity licenses. Meanwhile, public-private gold refining projects in Tanzania, Rwanda, and Uganda reflect a continent-wide awakening to the value of refining minerals at home. READ MORE from Extractives Daily: #Mining #EnergyTransition #Lithium #Gold Marit Y. Kitaw
Value Addition: Africa's New Strategy for Mineral Wealth
extractivesdaily.com
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Valuable insight from seeing the big picture
If you want to understand how Indonesia's nickel boom will be received by activists, you've got to look at palm oil. 🏝 Yes, they are two very different commodities with very different methods of extraction/production. But broadly speaking, the issues that Indonesian activists raise are likely to be the same. And the ways that they will campaign on these issues and raise them to international levels of awareness will echo the years of campaigning on palm oil cultivation, which have had such a significant impact on multinational brands. Take a look at our brief explainer by Arpita Raj ⬇ https://lnkd.in/ezXt-6By
Nickel mining & What to Expect
https://sigwatch.com
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What is next for Kenya’s Extractives sector? A question in many investors, miners and communities. This article unpacks the changing dynamics, the reforms and the uncertainty! https://lnkd.in/dQ-6vc56
What next for Kenya’s extractives sector after Base Titanium exit?
african.business
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