September 2016 News and Analysis from NRGI
Highlights
Natural Resource Revenue Sharing
A farmer displaced by the Tigyit coal mine in Myanmar. Photo by Suthep Kritsanavarin for NRGI.
A new NRGI and United Nations Development Programme report provides a comprehensive summary of resource revenue sharing regimes around the world and offers advice to policymakers establishing or reforming such systems. The report draws on more than 30 case studies, eight of which are presented in the report. Read more background on the report here.
Close to Home: The Critical Importance of Subnational Governance in Oil, Gas, and Mining
OGP's Fifth Anniversary
In September, the Open Government Partnership celebrated its five-year anniversary at the United Nations General Assembly in New York. NRGI chief operating officer and OGP steering committee member Suneeta Kaimal helped mark the occasion and appeared in two videos.
Spotlight on Data
Is Peru Losing Out on Oil Exports?
Potentially vast amounts of capital leave developing countries unrecorded, in part through misinvoicing of commodity exports. NRGI advisory council member Humberto Campodónico and economist César Carrera investigated a particular case of this phenomenon: whether gold mining companies in Peru were exporting their production at a discount and evading taxes and royalties in the country.
Gold price of Barrick, Yanacocha, other Peruvian producers, and international gold price (USD per troy ounce)
Source: SUNAT, BCRP (Central Bank of Peru)
Blog
Why Are Supreme Audit Institutions Guardians of Resource Governance?
At the third annual meeting of the INTOSAI Working Group on the Audit of Extractive Industries in Mombasa, Kenya, discussions covered commodity price volatility, economic diversification, artisanal mining and public-private partnerships and examined the implications for supreme audit institutions' work.
Francophone Africa Actors Boost Abilities to Pursue Reform
Stakeholders are advocating for fair allocation of revenue to local administration and communities to contribute to local development and improve living conditions.
Events
International Open Data Conference (IODC) 2016
IODC will take place on 6 and 7 October and is a forum for the global community to debate and study the future of open data. Pre-conference events will run from 3 October to 5 October. Learn more about NRGI's schedule at the event, and register here.
Free Online Course
The second edition of a massive open online course has launched. It's absolutely free, meaning that anyone with an internet connection can benefit from instruction by some of the world’s foremost experts in resource governance. Read more about how the first edition went here, and register for the new edition here.
NRGI in the news and on the web
Wall Street Journal: Och-Ziff to Pay $400 Million to Settle U.S. Foreign Bribery Probe
CNBC: The Hague revives maritime border dispute between Timor-Leste and Australia
Financial Times [paywall]: The Dark Shadow of Myanmar’s Jade Trade
IMF Public Financial Management Blog: Sharing Resource Revenues: Common Mistakes and How to Get it Right
International Finance Corporation: Mining for Long-Term Change in Guinea
Today (Nigeria): How to manage revenues from natural resources – NRGI
The Africa Report: More than just pipe dreams: Mozambique’s gas may power its expansion
Daily Graphic (Ghana): 'Mineral resources must be properly harnessed for national development'
University of Oxford Blavatnik School of Government: Utilising natural resources effectively and responsibly
News1 (Ghana) [video]: CPP to Give PIAC Prosecuting Powers if it Wins 2016 Polls
The Citizen (Tanzania): Tanzania: Case for Tanzania Adopting Advance Pricing Agreement
Graphic Online (Ghana): ‘Build negotiation capacity to maximise E&P fiscal benefits’
Tanzania Daily News: Tanzania: Online Mining Info Platform Touted
ZoneAfrique.net (Guinea): Guinée : des démarches en cours pour publier les propriétaires réels des entreprises minières
GhanaWeb: Don’t sideline us – Chief to gov't
GuineeConakry.info: MINES ET TRANSPARENCE: la divulgation de la propriété réelle des sociétés
DVB Multimedia Group: Restructure jade industry in post-sanctions Myanmar, says Global Witness
Careers and opportunities
NRGI is hiring. Learn more.
Natural Resource Revenue Sharing
A farmer displaced by the Tigyit coal mine in Myanmar. Photo by Suthep Kritsanavarin for NRGI.
A new NRGI and United Nations Development Programme report provides a comprehensive summary of resource revenue sharing regimes around the world and offers advice to policymakers establishing or reforming such systems. The report draws on more than 30 case studies, eight of which are presented in the report. Read more background on the report here.
Close to Home: The Critical Importance of Subnational Governance in Oil, Gas, and Mining
For years, economists and political scientists have advised national governments on how to optimize natural resource revenues for long-term development, but a major challenge often unaddressed by development plans is the governance of extraction by the communities most affected. Read more from NRGI president and CEO Daniel Kaufmann and consultant Rebecca Iwerks in this piece for the Brookings Institution. (An extended version of the blog post is available here.)
Myanmar: Who Owns What, and Why it Matters
Based on the key messages in the briefing “Owning Up,” and together with Global Witness, NRGI recommends seven steps stakeholders in Myanmar can take to implement Extractive Industries Transparency Initiative beneficial ownership requirements.
OGP's Fifth Anniversary
In September, the Open Government Partnership celebrated its five-year anniversary at the United Nations General Assembly in New York. NRGI chief operating officer and OGP steering committee member Suneeta Kaimal helped mark the occasion and appeared in two videos.
Spotlight on Data
Is Peru Losing Out on Oil Exports?
Potentially vast amounts of capital leave developing countries unrecorded, in part through misinvoicing of commodity exports. NRGI advisory council member Humberto Campodónico and economist César Carrera investigated a particular case of this phenomenon: whether gold mining companies in Peru were exporting their production at a discount and evading taxes and royalties in the country.
Gold price of Barrick, Yanacocha, other Peruvian producers, and international gold price (USD per troy ounce)
Source: SUNAT, BCRP (Central Bank of Peru)Blog
Why Are Supreme Audit Institutions Guardians of Resource Governance?
At the third annual meeting of the INTOSAI Working Group on the Audit of Extractive Industries in Mombasa, Kenya, discussions covered commodity price volatility, economic diversification, artisanal mining and public-private partnerships and examined the implications for supreme audit institutions' work.
Francophone Africa Actors Boost Abilities to Pursue Reform
Stakeholders are advocating for fair allocation of revenue to local administration and communities to contribute to local development and improve living conditions.
Events
International Open Data Conference (IODC) 2016
IODC will take place on 6 and 7 October and is a forum for the global community to debate and study the future of open data. Pre-conference events will run from 3 October to 5 October. Learn more about NRGI's schedule at the event, and register here.
Free Online Course
The second edition of a massive open online course has launched. It's absolutely free, meaning that anyone with an internet connection can benefit from instruction by some of the world’s foremost experts in resource governance. Read more about how the first edition went here, and register for the new edition here.
NRGI in the news and on the web
Wall Street Journal: Och-Ziff to Pay $400 Million to Settle U.S. Foreign Bribery Probe
CNBC: The Hague revives maritime border dispute between Timor-Leste and Australia
Financial Times [paywall]: The Dark Shadow of Myanmar’s Jade Trade
IMF Public Financial Management Blog: Sharing Resource Revenues: Common Mistakes and How to Get it Right
International Finance Corporation: Mining for Long-Term Change in Guinea
Today (Nigeria): How to manage revenues from natural resources – NRGI
The Africa Report: More than just pipe dreams: Mozambique’s gas may power its expansion
Daily Graphic (Ghana): 'Mineral resources must be properly harnessed for national development'
University of Oxford Blavatnik School of Government: Utilising natural resources effectively and responsibly
News1 (Ghana) [video]: CPP to Give PIAC Prosecuting Powers if it Wins 2016 Polls
The Citizen (Tanzania): Tanzania: Case for Tanzania Adopting Advance Pricing Agreement
Graphic Online (Ghana): ‘Build negotiation capacity to maximise E&P fiscal benefits’
Tanzania Daily News: Tanzania: Online Mining Info Platform Touted
ZoneAfrique.net (Guinea): Guinée : des démarches en cours pour publier les propriétaires réels des entreprises minières
GhanaWeb: Don’t sideline us – Chief to gov't
GuineeConakry.info: MINES ET TRANSPARENCE: la divulgation de la propriété réelle des sociétés
DVB Multimedia Group: Restructure jade industry in post-sanctions Myanmar, says Global Witness
Careers and opportunities
NRGI is hiring. Learn more.