Showing papers in "Resources Policy in 2016"

TL;DR: In this paper, the authors explore the relation between global prices of gold, crude oil, the USD-INR exchange rate, and the stock market in India and highlight the need for dynamic policy making in India to contain exchange rate fluctuations and stock market volatility using gold price and oil price as instruments.

TL;DR: In this article, the authors examined the asymmetric impact of gold prices, oil prices and their associated volatilities on stock markets of emerging economies and found that the stock markets in the emerging economies are more vulnerable to bad news and events that result in uncertain economic conditions.

TL;DR: This article used a nonparametric causality-in-quantiles test to study how measures of policy and equity-market uncertainty affect gold-price returns and volatility, and found evidence of causality running from various uncertainty measures to both gold returns and stock market volatility.

TL;DR: In this paper, the authors explore the likelihood that these scarce mineral resources can be conserved in time for future generations without intervening but instead relying on the price mechanism of the free market system.

TL;DR: In this paper, the authors discuss the missing case of Iran and test the resource curse hypothesis using the updated time-series data over the extended period of 1965-2011, and find that the exploitation of natural resources negatively affects the competitiveness of other sectors and limits their ability to contribute to economic growth.

TL;DR: In this article, the authors address the question of whether mining can be done in a way that contains and remediates environmental impacts and thereby safeguards the livelihoods of local populations, focusing on tailings storage facilities (TSF) as the source of most mining-related disasters.

TL;DR: In this article, the authors conduct an in-depth survey of local content policies in oil and gas across Sub-Saharan Africa in order to identify differing approaches and analyze emerging trends in the legal and institutional frameworks within which local content frameworks are enacted and within which they will be implemented in Africa.

TL;DR: In this paper, the authors investigate the time varying co-movements between crude oil and Indian stock market returns both at aggregate and sector level using weekly closing prices for Brent Crude, BSE-Sensex and seven sector indices of Bombay Stock Exchange.

TL;DR: The authors showed that the natural resource abundance in 1990 had positive impacts on economic growth between 1990 and 2010, contrary to our initial expectation, and they further test Dutch disease theory, and the result contradicts the Dutch disease hypothesis, concluding that in the period from 1970 to 1990, the hypotheses of a resource curse and Dutch disease hold.

TL;DR: In this article, a qualitative study of mining projects in the European North and Northwest Russia, utilizing over 80 thematic interviews in local communities, is presented, where social sustainability is understood two dimensional: procedural and contextual.

TL;DR: In this article, a critique of ongoing formalization efforts in the artisanal and small-scale mining (ASM) sector is presented, and some of the opportunities and challenges associated with moving towards more inclusive formalization effort, which target both mineral tenure-as well as labor-relations.

TL;DR: The ionic clay rare earth resources in China are the cheapest and most accessible source of heavy rare earths as discussed by the authors, and they are also the most valuable. But the Chinese rare earth market has an uncontrolled illegal market segment that represents approximately 40% of the domestic market, which translates to 30% of global market.

TL;DR: In this paper, the impact of large upward/downward oil price movements on metal prices and the asymmetric response of metal prices to large oil price movement was examined and quantified by computing the unconditional and conditional value-at-risk.

TL;DR: An overview of 18 vulnerability assessments in 16 recent criticality studies is provided, among which a set of six indicators is frequently used and therefore might be recommended for decision makers.

TL;DR: This article examined the relationship between oil and 25 commodity prices using annual data for 1900 to 2011 and identified long-run relationships using both linear and nonlinear ARDL models and captured short-run causalities through asymmetric Granger causality tests.

TL;DR: In this paper, the authors investigated volatility persistence and returns spillovers between oil and gold markets using daily historical data from 1986 to 2015 partitioned into periods before the global crisis and after the crisis.

TL;DR: Byproduct availability curves were constructed for the production of gallium from bauxite, sulphidic zinc ores and coal and they were used to assess the nature of the current supply regime, as well as its potential future development as discussed by the authors.

TL;DR: In this paper, the application of social risk in the global mining industry is examined and the authors argue that social risks can generate impacts across a range of institutions, boundaries and factors and that understanding the workings of social risks in this dynamic space is critical for ensuring that the industry addresses social harm as part of its commitments to sustainable development.

TL;DR: In this paper, the authors investigate the effectiveness of the Extractive Industries Transparency Initiative (EITI) as a scrutiny mechanism for corruption control and find that EITI membership has not resulted in reduced corruption scores.

TL;DR: In this article, the authors examine the domestic institutional dynamics that influence CSR policies and practices in Ghana and emphasize the argument that effective domestic regulation and governance can play a role in ensuring sustainable corporate practices and initiatives, leading to a positive impact on the lives of people living in local mining communities.

TL;DR: In this article, a complex network theory is adopted to analyze the world rare earth trade based on the trading data of 2011-2015, and the results show that world RE trade favors a tendency towards collectivization since 146 trading countries only form three trade communities.

TL;DR: The paper tackles the role ofcriticality assessment in the context of the sustainability assessment toolbox and it proposes a clear distinction between criticality assessment and resilience to criticality.

TL;DR: In this article, the authors discuss how multinational corporations have developed their CSR policies, and to what extent they have adopted these policies in developing countries, and compare their activities with small and medium enterprises (SMEs) operating in different regions of the world.

TL;DR: In this article, the authors examined the extent to which distinct national policy styles, national interests, resource endowment and historical experience in tackling supply risk shaped the different policy choices of different countries.

TL;DR: In this article, the authors established a theoretical two-stage economic model to derive the value of this stockpile and how it affects optimal mining rate, and found that the stockpiling option can significantly boost a mine's profit.

TL;DR: In this paper, the impact of local content policy on local value creation has been investigated in Nigeria and the authors found that local value created in the Nigerian oil industry as a consequence of LC policy is lower than the expected target, which implies that the implementation of the policy needs to be closely monitored to ensure its efficacy towards increasing economic development.

TL;DR: In this article, the authors describe a spatial method for assessing mine disturbance and rehabilitation regionally and analyse their results in terms of rehabilitation liability, which ranges from $27 to $55 billion Australian dollars.

TL;DR: Pebble Dialogue as discussed by the authors was a public engagement exercise to help stakeholders decide whether and how the Pebble gold-copper-molybdenum deposit should be mined in the headwaters of the Bristol Bay salmon fishery, Alaska.

TL;DR: In this article, the authors highlight the discrepancy that exists between practices they consider to be sustainable and the experiences and perceptions of local communities regarding such activities, and suggest that this discrepancy prevails due to the mere focus on land reclamation and other disjointed CSR programs instead of a more nuanced framework that places affected communities at its core.

TL;DR: In this paper, a comparative survey of communities living in two towns with different demographic development and residential quality located in a close proximity to expanding opencast mine in the Czech Republic, which are threatened by displacement due to possible revisions of the current territorial mining limits.