Whilst policies to mandate highly prescriptive local content requirements may seem tempting the risk of unintended consequences is high and three quarters of total production costs 2 in the non fuel mining industry the corresponding
Read More
The Local Content Regulations aim to maximise value addition job creation and the use of local expertise goods and services in the mining industry value chain and their retention in Tanzania
Read More
PETROLEUM LOCAL CONTENT AND LOCAL PARTICIPATION REGULATIONS 2013 ARRANGEMENT OF REGULATIONS Regulation General Provisions 1 Purpose of Regulations 2 Application of Regulations 3 Local content requirement 4 Interest of a7
Read More
Local Content is Local Value Added in South Africa by South African recourses Where a tender response contains a combination of local and imported goods and or services the tender price must be separated into its local and imported components as per the Standard Bidding Document 6 2
Read More
iii Acronyms ix Foreword xiii Acknowledgements xiii Executive Summary 1 1 Introduction 5 2 Africa s minerals history and search for direction 9 Evolution of African mining 11 Mining on the eve of the colonial period 11 e colonial creation of export mining 12
Read More
Six months after the laws were enacted the Minister for Mines published a suite of new regulations under the Mining Act 2010 These regulations among other things impose further local
Read More
Effects of Regulation Regulations help protect consumer interests from dishonest business practices and promote fair competition The Fair Packaging and Labeling Act of 1966 for instance mandates that businesses label their products and provide consumers with accurate information including manufacturer distributor and the net quantity of the content
Read More
industry As a result Africa s mining codes are now at the centre of a broader policy debate over natural resource governance and sustainable economic development on the continent In this paper we trace the recent evolution of Africa s regulatory codes in the mining
Read More
Local content policies encourage local employment and the use of local goods and services in backward linked supply chains of companies active in a given country While LCPs can apply to both foreign and domestic companies they often focus on FDIs to
Read More
Local content and procurement requirements in oil and gas contracts Regional trends in the Middle East and North Africa Damilola S Olawuyi Senior Visiting Research Fellow OIES and Associate Professor of Law Hamad Bin Khalifa University Doha Qatar
Read More
In Nigeria the impact of LC policy on local value creation has generated divergent speculation 2013 Ariweriokuma 2009 African Development Bank Report AfDB 2007 A regulatory act known as the Nigerian Oil and Gas Industry Content Gas and Mining Sectors Briefing of the Revenue Watch Institute 2013
Read More
Material adapted from Hudson T L Fox F D and Plumlee G S 1999 Metal Mining and the Environment p 49 Published by the American Geosciences Institute Environmental Awareness Series Click here to download the full handbook An extensive regulatory system has been developed to govern current mining operations in the United States as well as to guide the cleanup of historical
Read More
Home gt Mine gt the effects of local content regulation on mining iindustry of africa Economy of South Africa Wikipedia the free Historical statistics
Read More
Marcelo Mafra Borges de Macedo is Head of Local Content and Specialist in Oil and Gas Regulation of the ANP Brazilian National Petroleum Natural gas and Biofuels Agency Marcelo Mafra is part of the regulation group for the Local Content Certifiion System and responsible for the strategic audit plan for local content
Read More
Mining in Ghana An Overview CONTD Mining in Ghana predates independence and over the years the sector has grown to be a major driver of economic growth Mining accounted for 6 of GDP in 2011 and the sector grew by 23 5 in 2012 There are
Read More
On 8 February 2019 the Mining Local Content Amendment Regulations 2019 the Amendment Regulations were passed which amend the Mining Local Content Regulations 2018 the Regulations The Amendment Regulations amend the Regulations in a number of ways but in particular there is one significant change that affects the banking sector
Read More
The leakage of chemicals from mining sites can also have detrimental effects on the health of the population living at or around the mining site In some countries mining companies are expected to adhere to rehabilitation and environmental codes to ensure that the area mined is eventually transformed back into its original state
Read More
May 09 2019 nbsp 0183 32The energy sector is a highly lucrative industry requiring regulation to keep pace with developments and specifically to promote and safeguard local content and jobs In Nigeria s latest regulation update anticipated for publiion in its government gazette in the first half of
Read More
The social and economic impacts of gold mining 70 of total expenditures by gold mining companies are on payments to suppliers contractors and employees One of the objectives of transparency
Read More
Ghana began working on local content policies since 2010 The tone was set by the enactment of the Minerals and Mining General Regulations LI 2173 as a local content policy in the mining sector This was followed by that of the oil and gas industry
Read More
LOCAL CONTENT 19 2 2 4 ENTERPRISE AND SUPPLIER DEVELOPMENT 19 2 2 4 1 MINING GOODS 19 2 2 4 2 SERVICES 20 2 2 5 RESEARCH AND DEVELOPMENT 20
Read More
2 General legislation with provisions that relate to local content for example tax laws with incentives for local procurement or employment in any industry was not included in the review The review included dedied mining or petroleum sector or specific local content legislation regulations policy
Read More
the effects of local content regulation on mining iindustry of africa local procurement by the canadian mining industry it is essential that canadian companies behave responsibly and adhere to regulations and international standards for addition to doing their utmost to minimize negative impacts companies should also devote resources the development benefits of local procurement also
Read More
Tanzania has relaxed mining sector regulations after sustained advocacy efforts informed by USAID Hub policy analysis The new regulations will expand the number of commercial banks providing services to the sector and put Tanzania in compliance with its commitment to the free movement of capital within the East African Community EAC under the Common Market Protocol
Read More
Mar 11 2019 nbsp 0183 32Keeping the local content spirit as previous regulations the Mining Regulations on Local Content 2019 still affects international banks like Barclays Standard Chartered Plc Stanbic Bank and First National Bank Tanzania Ltd which is 100 per cent owned by the First Rand Group a large financial services provider based in South Africa
Read More
mining is invariably associated with deforesta tion soil erosion land degradation air pollution and ecosystem disruption The effects of mining extend beyond the mine itself farming and fishing and the lived environ ment around the mines are all changed Environ
Read More
iv MINERALS AND AFRICA S DEVELOPMENT e International Study Group Report on Africa s Mineral Regimes Prices and pro ts 34 Leading global policy initiatives 36 e China story 36 Old hands e United States EU and Japan 38 India 40 Latin America 42
Read More
In this month s briefing we provide the highlights of the Local Content Regulations the Regulations issued recently The Regulations follow the amendments of the Mining Act 2010 through the Written Laws Misc Amendments Act Act No 7 of 2017 which introduced the local content requirements
Read More
Social impacts of the mining sector can be assessed using different indicators sets A literature review identifies the main social impacts occurring in the mining sector We compare results with indicators frameworks used in different contexts SDG GRI EU
Read More
effects of local content regulation in the mining sector Sustainable Development Framework for the mining sector It does this in light of the recommendations of the Anwarul Hoda Committee a High Level Committee set up by the Planning Commission in 2005
Read More
Local communities particularly in deprived and poor regions want to share the wealth of mining and obtain from mining a positive effect in their lives Not every mine is a good example but some mining projects have been able to achieve positive agreements with the community and contribute to positive societal and environmental outcomes
Read More
quot Local content in the extractive industries is being given ever higher priority by host governments through a wide array of policy instruments And oil gas and mining companies now rate local content among the most significant expectations in the communities in which they operate
Read More
The local content policy objective and the overall obligation imposed in respect of transactions within the Oil and Gas industry are set out in Section 3 of the Act Section 3 states as follows 3 1 Nigerian independent operators shall be given first
Read More
Tanzania s new mining rules impose restrictions on foreign banks insurers 3 Min Read and transact business through banks in the country according to the Mining Local Content
Read More
Local content in the oil gas and mining sectors Enhancing the benefits at the subnational level Policy framework prepared for Revenue Watch Institute October 2012 DRAFT NOT FOR CITATION OR QUOTATION Ana Maria Esteves Bruce Coyne Ana Moreno
Read More
Formal mining in South Africa is more than 100 years old Legislation at that time primarily focused on quot surface rehabilitation quot and the primary emphasis of mining was focused on its economic gains With regard to environmental management and
Read More
The World Bank s Sustainable Energy Department and Oil Gas and Mining Unit are organizing a Global Conference on Local Content in the Oil Gas and Mining sectors to be held in Vienna on September Octo
Read More
Local Content Regulation as a Differentiator for Inward Investment in Africa The Case of Sierra Leone Nigerian Oil and Gas Industry Content Development NOGIC Act 2010 impacts especially backward linkages for the Sierra Leone economy The Sierra Agency Mining Petroleum Service Industries Agriculture
Read More