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Since the early 1990s, the extractive industries have increasingly valued corporate social responsibility (CSR) in the communities where they operate. More recently, these industries have begun to recognize the importance of adapting CSR efforts to unique local contexts rather than applying a...
Persistent link: https://www.econbiz.de/10010990109
One of the major gold mining regions in Romania is part of the gold rectangle in the Apuseni Mountains and lies around the town of Brad. It is here that the ”Ruda 12 Apostoli” Mining Association of cuxas was established at the end of the XVIIIth century. This association was to become the...
Persistent link: https://www.econbiz.de/10010877290
This paper examines the environmental effects of mineral taxes in a framework that recognizes the importance of rates and cumulative externalities and proposes an appropriate corrective tax. It concludes that mineral resources taxation should combine neutral taxes with a dynamic Pigovian type...
Persistent link: https://www.econbiz.de/10005263912
JEL CODES: D21, G3, L2, L72 KEYWORDS: profit function, free cash flow, gold mining, x-efficiency, rent seeking, fat ABSTRACT: Conventional economic theory assumes that firms always minimize costs given the output they produce. News articles and interviews with executives, however, indicate that...
Persistent link: https://www.econbiz.de/10010538412
Reporting on contributions to community development is one way gold mining companies communicate the expanse and depth of their commitment to social responsibility. These projects are intended to provide the mine-proximate communities with some of the wealth and other benefits generated by mine...
Persistent link: https://www.econbiz.de/10009650248
Faced with the problem of how to process valuable refractory sulphide ore in the early 1900s, Kalgoorlie mining engineers and metallurgist, and their consultants, borrowed ideas from a variety of international sources to develop new equipment and new procedures. This paper examines the sources...
Persistent link: https://www.econbiz.de/10009275788
The patented McArthur-Forrest gold extraction process played a significant role in facilitating gold recovery in Western Australia after 1897. The patent-holders failed, however, both to obtain income commensurate with their efforts and to extend their patent rights in Western Australia. This...
Persistent link: https://www.econbiz.de/10009275791
The purpose of this report is to shed light on the dynamics and determinants of productivity growth in nine selected natural resource industries and in the overall natural resource sector in Canada. This report provides a concise review of the findings of a detailed analysis undertaken by the...
Persistent link: https://www.econbiz.de/10005481830
The purpose of this report is to uncover the factors behind what has been, on average, a strong productivity performance from the Canadian gold mining industry over the past four decades. It is found that real price movements have had a substantial impact on productivity growth in the gold...
Persistent link: https://www.econbiz.de/10005481844
Mali’s gold sector is an enclave with weak forward and backward linkages with the rest of the economy. Given the predominance of the fiscal transmission channel, it is important that the design of the mineral tax regime gives the state a fair share of the benefits. Using optimal control...
Persistent link: https://www.econbiz.de/10008542988