Ghana: ‘Develop mining investment law to promote transparency’

Sunday, January 17, 2016

Government has been urged to develop and implement a mining investment law to ensure that the country’s mineral revenue is collected, disbursed and spent in a transparent manner.

LEITI Reports Increase in Revenue Generation

Friday, January 15, 2016

The Liberia Extractive Industry Transparency Initiatives or LEITI has disclosed that the direct government revenue intake from the extractive sector has increased from US$ 110.14m for 2011/2012 to US$ 18.96m for 2012/2013.

Tensions run high at an international transparency initiative

Saturday, February 27, 2016

THE Extractive Industries Transparency Initiative (EITI) was launched in 2003 as a would-be global standard for managing natural resources, promoting openness in transactions between governments and companies to curb the corruption that was rampant in some places. It has since grown to include 51 countries. But its “multi-stakeholder” model—which gives equal board representation to its three constituencies: governments, companies and civil society—ensures regular bust-ups. As the EITI itself has put it, the process is “by definition loud, difficult and argumentative”.

Is extractive industry “Gordian knot” of the Albanian economy?

Wednesday, January 13, 2016

An essay from Rakip Belishaku on the Extractive Industries in Albania.

Zambia: Govt Collects K10 Billion From Mines

Wednesday, December 16, 2015

Government's collection from the mining industry in 2014 increased to K9.92 billion from K8.2 billion the previous year, with Kansanshi Mining Plc contributing the largest percentage.

Zambia: EITI impact study launched

Sunday, December 13, 2015

Government has commissioned an impact assessment study on the Extractive Industries Transparency Initiative (EITI) implementation in Zambia.

Mozambique: Fall in commodity prices affects tax collection-Official

Monday, December 14, 2015

The fifth report for the Extractive Industry Transparency Initiative (EITI), says the fall in commodity prices on international markets is affecting collection of tax revenues and the maintenance of thousands of jobs in Mozambique.

Ukraine publishes first report as a part of EITI

Tuesday, December 8, 2015

Ukraine publishes first report as a part of EITI.

Taxes: FG earned $293bn from oil in 6yrs

Saturday, December 5, 2015

Acting Executive Secretary of Nigerian Extractive Industries Transparency Initiatives(NEITI),Dr.Orji Ogbonaya Orji has said that a total of $293 billion was paid by oil companies as taxes, royalty, dividends etc to government between 2006 and 2012.

Liberia's Offshore Oil Blocks Owners Operations in Turmoil

Sunday, December 6, 2015

In the face of tumbling commodity prices, Vasili Frank Timis's operations in Sierra Leone, Burkina Faso, Liberia, Senegal and Cote d'Ivoire have either sunk, stopped producing or come under the increased scrutiny of regulators around the world.