Natural Resources

More from the Series

POLICY PAPER

What Mining Can Learn from Oil: A Study of Special Transfer Pricing Practices in the Oil Sector, and their Potential Application to Hard Rock Minerals

July 16, 2018
Governments of mining countries are vulnerable to investors manipulating transfer prices as a means of avoiding paying taxes. This paper looks at whether special practices in the oil sector that provide materially greater protection against transfer pricing risk could be applied to hard rock mineral...
Blog Post

US Backs Away from Its Commitment to Extractive Industry Transparency

November 07, 2017
The US Department of the Interior announced last week that the United States would no longer seek to comply with the Extractive Industries Transparency Initiative (EITI), an international multi-stakeholder organization that aims to increase revenue transparency and accountability in natura...
Blog Post

Stop Spreading the Myth: Zambia Is Not Losing $3 Billion to Tax Avoidance

Maya Forstater
October 23, 2017
If transparency in debates around matters of natural resource wealth, then so too does the way that figures get translated into public debates.  Earlier this month the Lusaka Times published a claim that multinational mining companies were “robbing Zambia of an estimated $3...
Blog Post

Inflated Expectations about Mineral Export Misinvoicing are Having Real Consequences in Tanzania

Maya Forstater
and
June 23, 2017
In May, President Magufuli of Tanzania appointed two special committees to investigate the contents of 277 containers stuck at Dar-es-Salaam. The committees' belief that they have uncovered a case of massive misinvoicing (i.e., misrepresentation of the value or quantity of exports) doe...