�End of mining secrecy� � EU

Friday, April 11, 2014

The European Union (EU) has passed historic legislation re quiring oil, gas, mining and logging companies to publish the payments they make to governments for access to natural resources country-by-country and project-by-project where they operate this week.

During President Festus Mogae’s tenure, Botswana joined the Extractive Industries Transparency Initiative (EITI) that sought to promote transparency among countries rich in minerals.

The new rules regulate the provision of financial information by all limited liability companies registered in the European Economic Area (EEA), meaning several locally based miners are likely to be affected.

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�End of mining secrecy� � EU

The European Union (EU) has passed historic legislation re quiring oil, gas, mining and logging companies to publish the payments they make to governments for access to natural resources country-by-country and project-by-project where they operate this week.

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Explore

More

�End of mining secrecy� � EU

The European Union (EU) has passed historic legislation re quiring oil, gas, mining and logging companies to publish the pay­ments they make to governments for access to natural resources country-by-country and project-by-project where they operate this week.

The European Union (EU) has passed historic legislation re quiring oil, gas, mining and logging companies to publish the payments they make to governments for access to natural resources country-by-country and project-by-project where they operate this week.