Audio By Carbonatix
Thirty-two members of the Africa Initiative on Mining, Environment and Society (AIMES) have called on African governments to adopt alternative mining regime that will optimize the net benefit of mining, and also protect the sector from being used as channels for international crises, such as the commodity and credit collapses, which occurred in late 2008.
It is therefore proposing a policy for adoption by African governments, mining companies, bilateral and multilateral institutions and the international community of nations.
Among many other policies discussed at the meeting, was an adoption of a new conception of investment that prioritizes a balance between Small-scale artisanal and Large-scale mining.
Others included an urgent need for the development of frameworks and mechanisms for determining the volume of production and prices of strategic commodities, and the critical look at regional integration at both the political and economic levels in the context of Pan-Africanism.
Other policies discussed at the meeting were the review of the current institutional arrangement for mining in Africa, which tends to serve the primary interest of transnational mining companies, and for effective mechanisms for participatory monitoring, and the evaluation of performance of the mining sector.
This was the outcome of a three-day meeting held in Nairobi and Kenya, and was sponsored by Third World Network Africa. The Eleventh Annual Strategy meeting included participants from Angola, Cameroon, Democratic Republic of Congo, Ghana, Kenya, Lesotho, Mali, Nigeria, Sierra Leone, South Africa, Tanzania, Zambia, Zimbabwe and other partners from Canada and the United Kingdom.
The objective of the meeting was to build the capacity of the members of AIMES in order for them to appreciate the impact of the global economic crises, and its implication for advocacy and the reform agenda.
The meeting also reflected on how the economic recession will influence the draft model of the mining regime, which was developed last year.
On other ongoing policy reforms, it argued that the numerous extractive sector policy initiatives are an affirmation of the failure of current policies in catalysing the transformative role of mining in the growth and development of countries in Africa.
The meeting also called for collaborative efforts by communities affected by mining, African Civil Societies and International partners to end mineral resource plunder in Africa.
Source: Daily Guide/Ghana
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Tags:
DISCLAIMER: The Views, Comments, Opinions, Contributions and Statements made by Readers and Contributors on this platform do not necessarily represent the views or policy of Multimedia Group Limited.
Latest Stories
-
2026 U-20 WWC: ‘Not all wishes come true’ – Gyan inspires Black Princesses after elimination
2 minutes -
‘I am not a magician’ – Zdravko Logarušić on Nations FC exit from Africa
15 minutes -
Three nights. 28 titles. Ultimate history made
26 minutes -
Ghanaian delegates at IYF 2026 could become bridges for stronger Russia ties – John Aggrey
30 minutes -
Nigeria: Over 30 dead, 50 hospitalised after consuming alcoholic substance in Ondo State
32 minutes -
UK lawmakers demand new law to address AI threat to human rights
41 minutes -
WAFU B U-17 Girls Cup: Black Maidens depart Accra for tournament in Yamoussokro
42 minutes -
Sweden’s center-left bloc narrowly ahead as election remains too close to call
52 minutes -
GPL 2026/27: ‘We won ugly’ – Kotoko head coach unimpressed after Lions victory
55 minutes -
7 out of 10 human trafficking cases in Ghana never reach prosecution — JoyNews Research
1 hour -
Music, football to converge at Music Meets Football Summit 2026 in Lusaka
1 hour -
Putin invites young global leaders to partner with Russia in shaping future world order
1 hour -
Putin calls for ‘just world’, says every nation must be free to choose its own path
1 hour -
IFY 2026 food festival to serve 20,000 meals showcasing global cuisines in Russia
2 hours -
Ghana has a Domestic Violence Act: But can a victim afford to use it?
2 hours