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Arabica Robusta

As Coal Boosts Mozambique, The Rural Poor Are Left Behind - NYTimes.com - 0 views

  • “Development is coming, but the development is going to certain areas and certain people,” Mr. Chachoka said, taking a break from trying to coax enough food from his scraggly field to feed his six children.
  • Yet, after a substantial drop in the first postwar decade, gains against poverty have slowed substantially, analysts say, leaving millions stuck below the poverty line and raising tough questions about whether Africa’s resource boom can effectively raise the standard of living of its people.
  • the new gas and coal deals are wrapped up in multibillion-dollar megaprojects that rarely create large numbers of jobs or foster local entrepreneurship, according to an analysis by the United States Agency for International Development.
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  • As the prospect of huge new investments in their rural corner of the world beckoned, villagers anticipated a whole new life: jobs, houses, education, and even free food.
  • Some resource-rich countries in Africa have managed to turn mineral wealth into broad-based development. Ghana, which recently discovered oil, has won praise for its careful planning for poverty alleviation. Botswana’s diamonds have turned what was one of the world’s most impoverished nations into a middle-income country.
  • The government has signed up to be part of the Extractive Industries Transparency Initiative, a program set up by Britain and supported by the World Bank to ensure that governments and companies are honest about revenues. The government also says it plans to invest the proceeds of mining into antipoverty programs and to help rural farmers.
  • Earlier this year, the people of Cateme sent a letter to local government officials and Vale demanding that their complaints about the resettlement process be addressed, threatening to block the railway line that passes through their village carrying coal to the port. When they received no reply, they occupied the rail line. The police descended upon them, chasing them away and roughing up those who resisted removal.
  • “There were some problems after the relocation,” said Vale’s country manager, Ricardo Saad, adding that the company was trying to fix them. Local people, he said, should not think that mining would bring instant prosperity. “One of the things that we have to manage very carefully are the expectations,” Mr. Saad said.
Arabica Robusta

Mozambique Coal Mine Brings Jobs, Concerns : NPR - 0 views

  • "This is a new colonial era. This time it's not government; it's corporations," Lemos says.
  • "I think everything is new to them, but according to our social department, the people are very happy because they have all the infrastructure," Adachi says.
Arabica Robusta

IPS - U.S. Passes New Rules Regulating Conflict Minerals | Inter Press Service - 0 views

  • On Wednesday, the Securities and Exchange Commission (SEC), charged with overseeing U.S. stock exchanges, approved rules on the implementation of two widely anticipated provisions of a broad financial reform package passed by the U.S. Congress in mid-2010, known in part as Dodd-Frank.
  • The first provision, section 1502, is aimed at cutting off financial support for so-called conflict minerals, whose extraction and sale has been blamed in part for financing rebel groups in several countries, particularly those at the centre of the violence raging in eastern Democratic Republic of Congo (DRC). Indeed, the legislative text of section 1502 specifically notes the situation in the DRC.
  • While proponents of the provisions suggest that the SEC has no mandate to actually reject laws enacted by Congress, there has been much anticipation during the course of the SEC deliberations. There has also been mounting frustration from across the ideological spectrum as the SEC has failed to act, in part citing massive public response on the issue.
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  • During the lengthy period of deliberation, activist and watchdog groups suggest, the SEC was ferociously lobbied by industry groups, resulting in certain elements of the two provisions being watered down. In the final ruling, for instance, manufacturers using scrap or recycled materials will not be required to do due diligence on their supply chains.
  • “We are particularly disappointed that companies will be able to describe the country of origin for their minerals as ‘undeterminable’ for several years.
  • “The [SEC] was clearly thoughtful and deliberative and made some constructive changes to the final rule,” Lisa K. Burgess, with the U.S. Chamber of Commerce, an industry lobbying group that had threatened to file a lawsuit to stop the SEC’s implementation of these provisions, told IPS. “However, clearly, challenges remain, and we will need to analyse the text of the rule to determine our next steps.” Indeed, in the immediate aftermath of Wednesday’s vote, both industry and watchdog groups hastened to note that the full strength, or weakness, of the new Dodd-Frank provisions will be understood only after a careful examination of the final details.
    • Arabica Robusta
       
      Is the lack of industry pushback good news or bad news on conflict minerals?
Arabica Robusta

INSIGHT: Mining sector key to Africa's development - Magazines - thecitizen.co.tz - 0 views

  • Fifty years later, many of the issues problematised by post-independent generations remain with us today and we are resolute that they must and should be addressed. It is amongst the huge ironies of the sector, that according to the Mckinsey Report entitled “Reverse The Curse: Maximising the Potential of Resource Driven Economies of December 2013”, that “69 per cent of people in extreme poverty are in resource-driven countries and that almost 80 per cent of the countries, whose economies have historically been driven by resources have per capita income levels below the global average.” This is a situation that must be untenable to us all, to governments and international organisations as much as it should be to mining executives, financiers, investors and professionals.
  • Central to the African Mining Vision is, therefore, the development of the sector on the continent, out of the enclaves, into a sector that can “catalyse and contribute to the broad-based growth and development of, and is fully integrated into, a single African market.” We have to get serious and work sector by sector, and region by region on the building of down-stream linkages into mineral beneficiation and manufacturing and up-stream linkages into mining capital goods, consumables and services industries.
  • Africa is also a large producer of the mineral Columbite-tantalite (or coltan, the colloquial African term) and as the second fastest growing cell phone market in the world, also needs to look at this sector, as a producer rather than as consumer only. We often talk about African growth being driven by demand for its commodities in Asia and other parts of the world, but as our economies reach the critical tipping point of sustained 7 per cent and above growth, with greater diversification and industrialisation, and with our population set to reach two billion by 2050, we must also pay attention to stimulating and meeting domestic African demand.
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  • We should move away from building infrastructure only for one purpose, whether it is power generation and distribution capacity for a mine, whilst the communities and villages surrounding the mine are still in the dark. For Africa to industrialise, eradicate poverty and provide hope for its young generations, it needs a skills’ revolution. Here too governments and the mining sector should work together, identifying the skills required by the industry and working together to provide education and training, artisanal and technology development, as well as research.
Arabica Robusta

Rio Tinto heavily blamed by protesters over 41 mine worker deaths | Business | theguard... - 0 views

  • Kemal Özkan, assistant general secretary of IndustriAll, said the deaths of 33 gold miners when a tunnel collapsed at a Rio joint venture mine in Indonesia last May could have been avoided.
  • But said Rio's board believed both safety and environmental issues would not be improved by the company pulling out of the operation in Papua.
  • He claimed that the Indonesian human rights commission found that the operators of the Grasberg mine, owned with US company Freeport, "had the ability to prevent this from happening but didn't"."The lack of effort jeopardised the lives of others. The gravity of this case is serious," he quoted Indonesian human rights commissioner Natalius Pigai as saying in a report into the incident.
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  • Perle Zafinandro, the leader of a community protest group against Rio's majority-owned coastal forest mine in Madagascar, accused the company of "land grabbing and environmental devastation".Sam Walsh, Rio's chief executive, apologised for poor communication and promised better engagement with local people. He said the level of compensation for people displaced by the QIT Madagascar Minerals mine was negoitated by the Madagscar government, which owns 20% of the mine, not Rio.
Arabica Robusta

Opinion: Authoritarianism wins again in the Middle East, thanks to Donald Trump - The G... - 0 views

  • Starting roughly a year ago, in Sudan and Algeria and then spreading to Lebanon, Iraq and Iran, a series of mostly non-violent protests rocked the foundations of autocratic rule. A long-standing dictator was toppled in Khartoum and several heads of government were forced to step down in Algiers, Beirut and Baghdad. Even in Iran, Hassan Rouhani was facing pressure to resign.
  • It was forced to acknowledge the death of innocent lives and offer bereaving families financial compensation. To date, the Iranian government has refused to release an official death toll.
  • This development was a huge political and ideological gift to Iranian hardliners and their regional allies who were the target of many of these regional protests, especially in Iran, Iraq and Lebanon.
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  • A state-sanctioned mass mobilization took place to honor Gen. Soleimani, who was inaccurately portrayed as a war hero who protected Iran from the Islamic State. Forgotten now were the regime’s massive economic corruption, growing state repression and the legacy of November killings.
  • the focus of politics is now on an American troop withdrawal. It has been forgotten that during the Soleimani strike a senior member of Popular Mobilizations Forces, Abu Mahdi al-Muhandis, was also killed. This political group holds the second-largest bloc in parliament. A week earlier, a U.S. air strike on several of their bases killed 25 of their members leading to the attack on the American embassy. They have publicly stated that their revenge on the United States will be fierce and forthcoming.
  • Democratic transitions demand political stability.
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