mining

12 June 2013 - Oxfam welcomed the Prime Minister’s announcement today that Canada will require mandatory disclosure of payments to governments by mining, oil and gas companies.

Oxfam International Executive Director Winnie Byanyima said:

“Oxfam welcomes this high-level push for transparency and accountability in the oil and mining sector.

Africa’s remarkable growth, driven in large part by a minerals and energy boom, is threatened by illicit capital outflows and widening income gaps.

Today at the G8 Summit, President of the European Commission, Manuel Barroso, said that one of the reasons he came to the G8 Summit was to get backing for the obligations of oil, gas and mi

Oxfam welcomed commitments by France, Germany and the UK to make it mandatory for oil, gas and mining companies to publish data regarding their payments in resource-rich countries.

The deadline for the Extractive Industries Transparency Initiative arrives, but only two out of 22 countries have completed their validation.

Voluntary approaches to increasing transparent and accountable management of natural resources wealth are making sluggish progress. The Extractive Industry Transparency Initiative must put in place additional mandatory disclosure rules.