Publication: Oil, Gas, and Mining: A Sourcebook for Understanding the Extractive Industries
Loading...
Files in English
85,338 downloads
Date
2017-06-06
ISSN
Published
2017-06-06
Author(s)
Editor(s)
Abstract
Oil, Gas, and Mining: A Sourcebook for Understanding the Extractive Industries provides developing countries with a technical understanding and practical options around oil, gas, and mining sector development issues. A central premise of the Sourcebook is that good technical knowledge can better inform political, economic, and social choices with respect to sector development and the related risks and opportunities. The guidance provided by the Sourcebook assumes a broad set of overarching principles, all centered on good governance and directed at achieving positive and broadly based sustainable development outcomes. This Sourcebook is rich in presenting options to challenges, on the understanding that contexts and needs vary, and that there is much to be gained from appreciating the lessons learned from a broad set of experiences.
Link to Data Set
Citation
āCameron, Peter D.; Stanley, Michael C.. 2017. Oil, Gas, and Mining: A Sourcebook for Understanding the Extractive Industries. Ā© World Bank. http://hdl.handle.net/10986/26130 License: CC BY 3.0 IGO.ā
Associated URLs
Associated content
Other publications in this report series
Journal
Journal Volume
Journal Issue
Collections
Related items
Showing items related by metadata.
Publication Albania : Mining Sector Reform, Restructuring and Future Prospects(World Bank, 2009-06-01)This report provides a concise overview of the current situation of the mining sector in Albania. It evaluates the major events that took place in the last two decades (especially regarding the privatization process), and examines its governance, overarching policies and its legal frameworks that have guided the sector development. Having identified the weaknesses and difficulties that the sector faces, the report then suggests an outline for a comprehensive reform program. The main findings in this regard are related to: improving sector governance; improving regulatory effectiveness; strengthening the technical capacities; addressing environmental and social legacy, and community benefit sharing issues; and sustaining sector growth through sector promotion. The report also summarizes an evaluation of the mineral legal and regulatory environment, in order to inform an overall reform strategy and to identify commodities and/or resource areas of particular interest going forward, 'low hanging fruit' that might offer new growth opportunities. The overall conclusion of the report is that sector reform should emphasize new Greenfield resource potential through generative exploration by smaller and medium-sized international 'junior' mining companies. New resource development will be undertaken within a strengthened governance framework reinforced by a competitive, transparent, stable, non-discretionary regulatory regime. Although now highly fragmented, existing operations will be improved with the introduction of new operations performing to international good practice. Additionally, the private sector should be enabled to consolidate license holdings under improved regulatory enforcement that prevents licenses being held for speculation without intention to undertake meaningful investments that will result in development.Publication The World Bank's Evolutionary Approach to Mining Sector Reform(World Bank, Washington, DC, 2010-10)In this report, in addition to aggregate results, six brief case studies are used to highlight the impact of Bank supported mining sector reform on various indicators at different links of the value chain. These include: the impacts on investment; production and employment in Argentina; institutional capacity building in Papua New Guinea; production and fiscal revenues in Tanzania; community and regional development in Madagascar; mining sector reform and sustainable development in Mongolia; and mining and resource corridors in Liberia. The reforms of the 1990s and early 2000s, which focused on increasing investment and building regulatory capacity, have often had spectacular results with respect to investment and good results with respect to institution building. The work on increasing the efficiency and transparency of fiscal regimes has also achieved significant success, although it is still too early to make a final assessment. While the mining sector-specific aspects of the management and allocation of fiscal revenues are still in early days, there do seem to have been important impacts on poverty reduction and sustainable development in a number of countries that have undergone mining reform, although there has been an insufficient passage of time to make definitive judgments.Publication Mining Together : Large-Scale Mining Meets Artisanal Mining, A Guide for Action(Washington, DC, 2009-03)The present guide mining together-when large-scale mining meets artisanal mining is an important step to better understanding the conflict dynamics and underlying issues between large-scale and small-scale mining. This guide for action not only points to some of the challenges that both parties need to deal with in order to build a more constructive relationship, but most importantly it sheds more light on some potential interventions for conflict prevention, management, and even transformation. This guide, then, represents a step in the right direction to start transforming the relationship between large-scale and artisanal miners through win-win solutions that emerge out of the genuine interaction and dialogue of all stakeholders involved: governments, companies, communities, miners and development organizations. Large-Scale Mining (LSM) companies increasingly come across Artisanal and Small-scale Mining (ASM) workers during their exploration or production activities in the developing world. The ASM-LSM relationship is often conflictual because both types of miners compete for the same resource or because they perceive each other as a threat. However the ASM-LSM relationship is now also undergoing a largely positive evolution in part thanks to new Corporate Social Responsibility (CSR) commitments. This guide is the result of this collaboration and provides an informative overview of the growing experiences of the most typical ASM-LSM issues and guidance for appropriate interventions.Publication Sierra Leone - Mining Sector Reform : A Strategic Environmental and Social Assessment(Washington, DC, 2008-07)The Strategic Environmental and Social Assessment (SESA) of the mining sector in Sierra Leone was undertaken in response to the Government of Sierra Leone's (GOSL) request for assistance in developing its minerals policy. The SESA will help meet long-term country development by integrating environmental and social considerations in mining sector reforms. The crucial aspect of the SESA process is that the environmental and social priorities for mining reforms were identified by stakeholders in the four regions of the country. This report, the culmination of a sequence of workshops and analytic work, provides a summary of the findings of the SESA process and makes recommendations on the policy, institutional, and governance changes required addressing environmental and social priorities in reform of the Sierra Leone mining sector. The SESA pays particular attention to political economy issues such as the potential capture or watering down of reforms by groups having vested interests or the danger of selective implementation of new policies and regulations due to pressure from powerful interest groups. It helps to identify innovative solutions to some of the potential problems and the limitations of new mining policies in a situation where institutional and governance capacity are likely to be weak for some time.Publication The Afghanistan Mining Sector as a Driver of Sustainable Growth : Benefits and Opportunities for Large-Scale Mining(Washington, DC, 2011-02)This study attempts to quantify the benefits that could be obtained for the country of Afghanistan from the developments of the Aynak copper and Hajigak iron ore deposits and to discuss policies and programs-based on the experience of other countries-that will tend to maximize the benefits from these and other mines. In this study, the potential economic benefits to Afghanistan of its mining sector will be analyzed, focusing on the Aynak copper and Hajigak iron ore deposits. After an overview of the Afghan mineral industry and global trends in mining, a quantitative analysis will be made of the economic contribution of the development of these deposits and related infrastructure for income and employment in Afghanistan. Various scenarios will be presented as well as sensitivity analysis of key parameters. The analysis will focus on income, fiscal revenues, employment, sidestream linkages (sourcing), and the multiplier effects of expenditure by both the government and consumers. In the Afghanistan context, the mining sector is poised to be an important source of fiscal revenues, but it is likely just as important as an industry that can kickstart the industrialization process of the country and lead to broadly based inclusive growth. However, if the social and environmental costs of the mining operations are not managed properly, these benefits will not be sustainable in the long-term.
Users also downloaded
Showing related downloaded files
Publication State and Trends of Carbon Pricing 2020(Washington, DC: World Bank, 2020-05-27)This report provides an up-to-date overview of existing and emerging carbon pricing instruments around the world, including international, national and subnational initiatives. It also investigates trends surrounding the development and implementation of carbon pricing instruments and how they could accelerate the delivery of long-term mitigation goals. Specifically, this includes the use of carbon taxes, emissions trading systems and crediting mechanisms. International cooperation on carbon pricing and the status of work surrounding Article 6 of the Paris Agreement is also canvassed.Publication Commodity Markets Outlook, April 2024(Washington, DC: World Bank, 2024-04-25)The conflict in the Middle East has been exerting upward pressures on prices of key commodities, notably oil and gold. High commodity prices, despite relatively subdued global GDP growth, suggest some countervailing forces offsetting tepid demand, such as heightened geopolitical strains and increasing metals-intensive investments in the energy transition. Commodity prices are forecast to soften marginally in 2024 and 2025 but remain substantially above pre-pandemic levels. Unlike most other prices, crude oil prices are expected to increase in 2024, mainly reflecting geopolitical tensions. The key risk to commodity price projections relates to the possibility of a broadening of the Middle East conflict, which could lead to significantly higher oil prices, thus reigniting global inflationary pressures. Meanwhile, food insecurity worsened markedly last year, reflecting elevated food prices and armed conflicts around the world. Should such conflicts worsen, global hunger could rise substantially. Heightened uncertainty around the commodity price outlook underscores the importance of forecast accuracy. A Special Focus section evaluates the performance of five approaches used to forecast prices of three commoditiesāaluminum, copper, and oil. It concludes that there is no āone-approach-beats-all.ā Macroeconometric models tend to be more accurate at longer horizons, mainly due to their ability to account for the impact of structural changes. It is, however, critical to incorporate judgment and information that cannot be accounted for by statistical approaches. This highlights the importance of employing a wide range of approaches when forecasting commodity prices.Publication Basic Profile of Child Marriage in Bangladesh(World Bank, Washington, DC, 2016-03)This brief has provided a basic profile of child marriage in Bangladesh. Measures of child marriage are still high. The share of women ages 18-22 who married as children has declined over time, but remains substantial at 59.4 percent. The share of girls marrying very early, before the age of 15, has declined too, but also remains high at 22.9 percent. Child marriage is associated with lower wealth, lower education levels, and a higher likelihood of work without cash earnings. These are however only correlations, not necessarily causal effects.Publication Democratic Republic of Congo Urbanization Review(Washington, DC: World Bank, 2018)The Democratic Republic of Congo has the third largest urban population in sub-Saharan Africa (estimated at 43% in 2016) after South Africa and Nigeria. It is expected to grow at a rate of 4.1% per year, which corresponds to an additional 1 million residents moving to cities every year. If this trend continues, the urban population could double in just 15 years. Thus, with a population of 12 million and a growth rate of 5.1% per year, Kinshasa is poised to become the most populous city in Africa by 2030. Such strong urban growth comes with two main challenges ā the need to make cities livable and inclusive by meeting the high demand for social services, infrastructure, education, health, and other basic services; and the need to make cities more productive by addressing the lack of concentrated economic activity. The Urbanization Review of the Democratic Republic of Congo argues that the country is urbanizing at different rates and identifies five regions (East, South, Central, West and Congo Basin) that present specific challenges and opportunities. The Urbanization Review proposes policy options based on three sets of instruments, known as the three 'I's ā Institutions, Infrastructures and Interventions ā to help each region respond to its specific needs while reaping the benefits of economic agglomeration The Democratic Republic of the Congo is at a crossroads. The recent decline in commodity prices could constitute an opportunity for the country to diversify its economy and invest in the manufacturing sector. Now is an opportune time for Congolese decision-makers to invest in cities that can lead the country's structural transformation and facilitate greater integration with African and global markets. Such action would position the country well on the path to emergence.Publication Falling Long-Term Growth Prospects(World Bank : Washington, DC, 2024-02-01)A structural growth slowdown is underway across the world: at current trends, the global potential growth rate is expected to fall to a three-decade low over the remainder of the 2020s. Nearly all the forces that have powered growth and prosperity since the early 1990s have weakened, not only because of a series of shocks to the global economy over the past three years. A persistent and broad-based decline in long-term growth prospects imperils the ability of emerging market and developing economies to combat poverty, tackle climate change, and meet other key development objectives. These challenges call for an ambitious policy response at the national and global levels. This book presents the first detailed analysis of the growth slowdown and a rich menu of policy options to deliver better growth outcomes.