ASEAN Minerals Information

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ASEAN Minerals Information

Sustainability Reporting Requirements for Mining Operations-Opportunities or Threats?

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Abstract
The listening rules of most regional stock exchanges require issuers to consider environmental, social and governance (ESG) factors and publish annual sustainability reports.
Many banks and funding agencies have voluntarily adopted prescribed ESG management frameworks. Equator Principal Financial Institutions currently hold over 70% of project debt in emerging markets, and impose ESG reporting frameworks on their customers.

 

Key Findings from a Sector-Wide Impact Assessment of mining in Myanmar

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Abstract

A sector-wide impact assessment (SWIA) was carried out of the impacts of mining in Myanmar including field research in eight areas of Myanmar looking at tin, artisanal and small/medium sized gold and limestone during 2015-2016. The fourth such innovative study conducted by Myanmar Centre foe Responsible Business assesses the human right impacts of a sector at three levels;  (i) project-level, (ii) cumulative and (iii) sectoe-wide. It includes an analysis of the mining sector in Myanmar and its current legal and policy framework, and relevant international standards.

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Unlocking ASEAN Mineral Potential – Learning from the Past, Looking to the Future

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Abstract

Mining has a long history in Southeast Asia; copper mining at Vilabouly in Lao occurred 2500 years before the modern Lan Xang mine was developed. Mining contributed to the development of the great civilizations in Southeast Asia and was an important revenue generator under European colonial rule. The post-colonial mining industry has varied across Southeast Asian jurisdictions; in most ASEAN countries, the industry remains underdeveloped and poorly regulated, often eith negative impacts on communities and environment for little economic benefit.

 

Setting ASEAN Mining Policy and Regulation – Learning from the Indonesian and Myanmar Experiences

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Abstract

It is the responsibility of every government to ensure that its people derive the maximum benefit possible from that country’s mineral resources. Encouraging foreign investment, however, is one of the essential drivers for realizing this maximum benefit.

The critical issue is how best to achieve this maximum benefit for local people without alienating and driving away essential foreign investment. Strident resource nationalism often leads to sub-optimal foreign investment that means mineral resources are left unexplored and undeveloped to the ultimate disadvantage of the local people.

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ASEAN Collaborative Efforts towards Sustainable and Responsible Mineral Resource Development

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Abstract

ASEAN is endowed with abundant mineral resources that have significantly supported the economic development of the ASEAN countries and improved the people’s well-being.

The signing of various ASEAN Declarations in the field of minerals which led to the establishment of the ASEAN Ministerial Meeting on Minerals (AMMin) and ASEAN Senior Officials Meeting on Minerals (ASOMM) had a significant impact in developing a sustainable mineral industry.

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