local content in mining industry

Local Content in Oil, Gas, and Mining

2021-12-18 · Supporting local employment and a competitive and sustainable local industry goes well beyond the remit of the corporate social responsibility agenda, requiring industry-wide collaboration and multi-stakeholders involvement. But private sector led initiatives need to be grounded in the overall local content strategy of the government.

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Why is Local Content Relevant in Oil, Gas, and Mining?

2015-8-9 · 1 Local content in the Oil and Gas Sector, World Bank Studies, 2013; and Increasing Local Content by the Mining Industry in West Africa (World Bank, 2012) mineral-rich developing countries. 2 Petroleum and mining operations often take place in remote

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THE ROLE OF LOCAL CONTENT POLICIES IN …

2016-10-19 · Local content policies usually target (local) industrial and technological development, value creation or addition, wealth increase, employment creation and the development of backward, forward and sideways linkages along the value …

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The Local Content Regulations In Tanzania And Its ...

2018-10-2 · Local Content Regulations applicable to the mining sector in Tanzania. Salient feature of these regulations in relation to their compliance with the WTO rules are as follows: An indigenous Tanzanian company should be given first preference in the grant of a mining license.

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The local content targets in South Africa''s mining sector ...

2021-11-4 · The 2018 Mining Charter gives mining rights holders in South Africa five years to transition to 70 percent local content spend on mining goods procurement. Accenture believes that reaching the 2021, year-three targets will not be easy. An understanding of local content demands and the industry hurdles that are emerging adds some perspective.

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Local Content in Tanzania''s Gas and Minerals Sectors: Who ...

Local content policies encourage local employment and the use of local goods and services in backward-linked supply chains of companies active in a given country. While LCPs can apply to both foreign and domestic companies, they often focus …

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Local Content Policies In Minerals-Exporting Countries ...

2021-4-25 · Local Content Policies In Minerals-Exporting Countries: The Case of Brazil Introduction Although mining activities are centuries old, laws particular to mining are fairly recent. The history of mineral exploration in Brazil has been shaped by changes in the legislation regulating the sector

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LOCAL CONTENT POLICY & DESIGNATION

2020-4-13 · LOCAL CONTENT VERIFICATION CONDUCTED IN THE CURRENT FINANCIAL YEAR (2019/2020) Eleven designated sectors/products were prioritised. SABS Local Content division managed to conduct verification on 55 tenders and only 15 projects are still under way resulting in 70 projects in total: # Designated Sector Number of Tenders Selected

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Mining sector reform in Tanzania

2020-2-20 · Moreover, stakeholders in the Tanzanian mining industry must submit local content plans to the Mining Commission, which decides or approves the plans as per the recommendations of the Local Content Committee. The amended …

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A Survey of the Literature on Local Content Policies in ...

2016-4-21 · There is a strong case for emerging oil and gas-producing East African countries to consider adopting the local content policy (LCP). The nascent nature of the oil and gas industry in the region means that these countries would not have the technical and even managerial expertise to meet the demands of the industry.

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Government to focus on local content and value addition …

2021-6-5 · George Mireku Duker. Government will shift focus on fiscal returns in the mining industry to promoting local content and participation, value addition, and resource-based industrialization, Mr George Mireku Duker, Deputy Minister-Designate for Lands and Natural Resources, has said.

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Mining for Change: Natural Resources and Industry in ...

For a growing number of countries in Africa the discovery and exploitation of natural resources is a great opportunity, but one accompanied by considerable risks. In Africa, countries dependent on oil, gas, and mining have tended to have weaker long-run growth, higher rates of poverty, and greater income inequality than less resource-abundant economies.

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Botswana Mining Investment and Governance Review

2021-6-14 · • A local content policy for the mining industry should be developed with mining sector participa-tion (to ensure that both the needs of government and of industry are met in this regard). This should build on the Citizen Economic Empowerment Policy but tailored to the procurement requirements of the mining industry; this would assist the ...

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What Works in Local Content Policy

Local Content in Oil, Gas, and Mining - World Bank

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Developing local managers in the Ghanaian mining …

2016-4-11 · – The purpose of this paper is to provide varied conceptualisation of talent management and development (TMD) by building managerial talent development model that is more appropriate to the context of the Ghanaian gold mining industry., – The authors use two sets of data – foundation pillars of TMD and industry and definition of TMD. The authors first …

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China''s Mining Sector

2015-6-3 · • The world''s leading consumer of most mining products, particularly for commodities like thermal coal, approximately 49% of global total, and iron ore, approximately 58% of global total • Historically, the industry has been fragmented, with …

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Overview of Local Content Regulatory Frameworks in ...

2020-9-2 · strengthen local content regulatory frameworks for creating sustainable domestic production linkages in the ECCAS region and improve regulatory compliance with a view to enhance the benefits of the oil and gas industry to the economies of resource owners.

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A SURVEY OF THE LITERATURE ON LOCAL CONTENT …

2021-4-27 · A SURVEY OF THE LITERATURE ON LOCAL CONTENT POLICIES IN THE OIL AND GAS INDUSTRY IN EAST AFRICA* Chilenye Nwapi† SUMMARY Although oil and gas exploration has been going on in East Africa for decades, until recently exploration activities grew more slowly compared to other regions in Africa.

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The emerging wave of local content regulations in the ...

2020-10-29 · Industry engagement. Mining companies should take time to understand the thrust of regulatory reforms. In particular, they should observe the political environment in which local content provisions operate and the concerns raised by …

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LOCAL CONTENT IN MOZAMBIQUE

2017-10-11 · MINING Preference to local products and local services Association of foreign companies with Mozambican entities for those wishing to provide services to mining title holders is mandatory Quota of 10% of mining production carried out in Mozambique may be sold to the Mozambican Government

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Local content implementation and development in …

2021-4-7 · Local content policies are part of the broader categories of the "Productive Development Policies (PDP) or Industrial Policies (IP) which include government interventions or policies that seek to increase the share of …

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Government to focus on local content and value addition …

2021-6-6 · Government will shift focus on fiscal returns in the mining industry to promoting local content and participation, value addition, and resource-based industrialization, Mr George Mireku Duker, Deputy Minister-Designate for Lands and Natural Resources, has said.

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Inter-sectoral Linkages and Local Content in Extractive ...

2007-9-7 · to offer specific inputs to the debate on local content promotion in the oil industry, using the specific case of the small island economy of São Tomé and Príncipe as an example and point of reference. Our approach emphasizes inter-sectoral linkages and institutional pre-conditions for local content promotion.

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Amendments to Tanzania''s Mining (local Content ...

The changes to Tanzania''s Mining Act in 2017, supplemented by the Mining (Local Content) Regulations, 2018 (Local Content Regulations), introduced a new local content regime for Tanzanian mines and their contractors/ suppliers and other allied entities (Stakeholders).. This regime requires, among other things, that Stakeholders must maintain minimum levels of …

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Local Content Policies in the Mining Sector: Scaling up ...

2021-2-1 · 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 of large investment inflows and revenue generation essentially driven by exports.

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Government to focus on local content and value addition …

2021-6-4 · Government will shift focus on fiscal returns in the mining industry to promoting local content and participation, value addition, and resource-based industrialization, Mr George Mireku Duker ...

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Local content in the oil, gas and mining sectors ...

2016-2-20 · Local content in the oil, gas and mining sectors: ... ideally should be linked with industry development priorities. Approaches vary widely across countries, however, and are ... Local content outcomes are not achieved quickly and this is especially true where the operating environment has a weak

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Local Content Policies in the Mining Sector: Stimulating ...

2021-2-1 · force to meet the human capital requirements of the mining industry (Step 2). With labour supply and demand established, local content goals for employment in the mining sector can then be developed (Step 3), together with strategies to support these goals (Step 4). Finally, monitoring of local content

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Enhancing the benefits of local content: integrating ...

2011-2-27 · panies, especially in the mining, oil and gas sectors, have adopted policies and standards aimed explicitly at increasing local procurement or community content, 1 recognising that local economic participa-tion has benefits for companies and communities alike. From a corporate perspective, local economic

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Local Content Policies In Minerals-Exporting Countries ...

2021-4-25 · Local Content Policies In Minerals-Exporting Countries: The Case of South Africa Introduction The mining industry has been a driving force of the South African economy for the last 150 years. Since the discovery of diamonds in 1867 and subsequently of …

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GGML''s local content initiative makes businesses in Geita ...

2021-10-31 · The amended Mining Act included a requirement for mining companies to have a Local Content Plan. This Plan has always been an integral part of the mining industry, however, historically the main aspect of local content in mining laws pertained to the shareholding structures, employment and training of locals as well as having a succession plan ...

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