local content policies. 5. STEP 1: ENSURING A FIT WITH NATIONAL DEVELOPMENT OBJECTIVES The first step for governments developing local content policies in the …
Tanzania is embarking a new direction in the mining sector with a big chance to transform the economy if the regulations are well implemented and quick to adapt to a changing market. Tanzania's local content regulation with regards to the mining sector has the following objectives: To develop local employment and the …
The footprint of mining operations is often visible from outer space, with large areas of excavation standing out in a sea of green forest. Technological advances have amplified the sector's environmental impact while reducing local economic benefits, since they allow for removal of plant biomass more rapidly.
The Minerals and Mining (Local Content and Local Participation) Regulations, 2020 (L.I. 2431) set out requirements for the use of Ghanaian expertise, goods and services, businesses and financing in the mining industry.
mining sector of the Kolarctic ar ea. Taking in to account local circumstances means not only that an int ernational company has to ad just to national regulation, b ut that
Although there is no legislation to enforce the use of locally sourced inputs by Ghana's mining industry, the mining companies themselves are leading efforts to increase local content to the benefit of local enterprise and the wider economy. At the middle of this decade, the country passed key legislations aimed at compulsorily making …
The Local Content Regulations repeals regulations 1 and 2 of the Minerals and Mining (General) Regulations, 2012 (LI 2173) and operators in the mining sector must now turn to the Local Content Regulations for guidance on employing expatriates, training Ghanaians and procuring local goods and services.
While significant, the challenges in implementing local content regulations are not insurmountable. Addressing them requires a multi-faceted approach, combining policy reforms, industry initiatives, and educational interventions. Here are some potential solutions to enhance the effectiveness of local content regulations in Tanzania's …
We focus on mining and not oil and gas because of key differences between the two sectors. According to Kayizzi-Mugerwa and Anyanwu 2000,(n.d.) there are greater local content opportunities in the mining sector than in the oil and gas sector mainly because the latter requires more specialized expertise and technology.
designing efficient and sustainable local content policies. Local content is a complex and rapidly evolving policy area. Policies and regulations differ widely among countries, and …
The first part will examine contributions of the oil and gas sector to the economies of five selected countries (i.e. Angola, Chad, Congo, Equatorial Guinea, Gabon) from the …
Local content has always been an integral part of the mining industry; however, historically the main aspect of local content in mining laws pertained to the employment and training of locals 5 as well as having a succession plan in place, which was to ensure that there was a clear strategy for the transfer of knowledge and preparing …
What advice do you have for clients in the mining sector trying to navigate these regulations? The net benefit test under the ICA is generally applied only to high value transactions as a result of dramatically increased review thresholds for investors from countries that are WTO members or have free trade agreements with Canada. [1] As a ...
Local Content Policies in the Mining Sector: Scaling up local procurement 1.0 INTRODUCTION In a large number of resource-rich countries, the mining sector is an important driver of growth, in particular during commodity boom periods. This is a result …
1. Huf, G. et al. 2013. "Local Content Requirements: Report on a Global Problem." Draft June 2013. 2. OECD (2017a). Local Content Policies in Minerals-Rich exporting countries, Part I. 3. OECD (2017b). Local Content Policies in Minerals-exporting countries, Case Studies. 4. Ramdoo, I. 2016a. Local content policies in mineral-rich ...
The amendments provide that carrying out mining activities without the required local content requirement; non-submission of local content plan; failure to satisfy the content requirement of a local content plan; and failure to inform the Mining Commission of each proposed contract or purchase order shall lead to cancellation of a …
On 10 January 2018, the Government of Tanzania enacted the Mining (Local Content) Regulations, 2018, GN. No. 3 of 2018 (the "Regulations"). The Regulations aim at ... priority in the provision of goods or services in the mining sector), Regulation 8(6) of the Regulations, provides that a foreign company ("non-indigenous Tanzanian company ...
6.2 Literature Review . This study relates to several strands of literature. First, it connects to the literature on the impact of environmental regulations on the development and diffusion of clean …
The U.S. Army Corps of Engineers, EPA, and state agencies also have roles in regulating the mining industry. The following links are intended to help Smart Sectors partners and the public learn more about how EPA works with the mining sector. Basic EPA Regulatory Information. Laws and regulation, compliance and policies and …
The framework for mining regulation is primarily based on federal laws dating back to the late 1960s. In many cases, these regulatory responsibilities have been delegated to state agencies, which have in turn developed their own sets of …
The most recent amendments to Tanzania's mining sector include four key regulatory changes enacted in February 2019, all relating to the country's Local Content Regulations. The Local Content Regulations follow the amendments of the Mining Act, 2010 through the Written Laws (Miscellaneous Amendments) Act, 2017, which …
The conference will address these themes. 2. Conference Objectives. Speakers and participants will share their knowledge and experience to generate common …
Mining Local Content Regulations, 2018 Government Notice 3 of 2018. Download PDF (190.6 KB) Report Report a problem. Document detail History Citation Government Notice 3 of 2018 Copy Primary work Mining Act Date 10 January 2018 ...
and local content policies in general as well as a discussion on local content policies in the literature, followed by a section on WTO regulations linked to local content policies and their current controversial debate in the literature. The …
Government policies and strategies promoting local employment in the mining sector are generally seeking to achieve one or more of the following objectives: Respond to …
This is changing, and there are early signs of a wave of local content regulation in the mining sector, which is likely to coincide with an upturn in the fortunes of both precious and base metals miners. ... In 2017 DRC authorities announced a subcontracting law applicable to mining activities which came into effect in late 2019 …
1. Local content is a complex issue. 2. Implementation: Different mechanisms and tools. a. Government-led initiatives. Based on quantitative requirements (numerical targets in …
In the endeavor to advance a sustainable mining industry, the pivotal roles of both green fiscal and green monetary policies cannot be overstated. Green fiscal policies, exemplified by environmental taxes, emerge as potent instruments with a direct impact on shaping the conduct of mining enterprises.
DOI: 10.4324/9781003415794-3 This chapter has been made available under a CC-BY-NC-ND 4.0 license. Objectives of the chapter Historically, the mining industry in resource …
18 rowsLocal content has, to date, focused on the oil and gas sector where regulations and institutional controls, at least in West Africa, are now entrenched. This is changing, and there are early signs …