Tags: Mining industry, Economics, Mining companies, Mining Codes, Resource extraction, Policies, Trends, Governance

This report reviews the evolution of Africa’s regulatory codes in the mining sector, which has undergone what Bonnie Campbell describes as “three generations” of liberalization since the 1980s. Highlights new voluntary, regional and transnational initiatives, driven by a host of heterogeneous actors from Africa and abroad, which constitute a “fourth” generation of mining codes and natural resource governance practices which place primary emphasis on transparency and accountability by both mining companies and host governments. This new generation of natural resource governance initiatives presents new opportunities as well as unique challenges, particularly with the growing role of emerging economies such as the BRICS in Africa’s mining sector. We conclude by assessing future trends and charting policy options.

Mining-Codes-in-Africa.pdf