Journal ArticleDOI
Economic rent and the mining industry
TLDR
The concept of economic surplus or rent is, however, crucial to any understanding of the mineral industry's contribution to development, and of the extent to which that contribution is genuinely sustainable as mentioned in this paper.Abstract:
The economist's concept of rent is purely technical and descriptive, yet it gives rise to many misconceptions and much emotional argument within the minerals industry. Many people in the industry, lacking the necessary theoretical background, even deny its very existence. Their objections are nearly always based on concerns about how any rent or surplus is to be divided between the various stakeholders, or, more narrowly, on resistance to the use of a theoretical concept as a basis for taxation policy. The concept of economic surplus or rent is, however, crucial to any understanding of the mineral industry's contribution to development, and of the extent to which that contribution is genuinely sustainable. This article tries to behind the emotions to the basic concepts involved.read more
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Journal ArticleDOI
What do we know about the sharing of mineral resource rent in Africa
TL;DR: In this article, the authors review theoretical and empirical studies on rent sharing in Africa and note their limitations regarding knowledge of the actual sharing of mineral rent. But what do we really know about the sharing of mining resource rent in Africa?
Posted Content
What do we know about the mineral resource rent sharing in Africa
TL;DR: In this article, the authors review theoretical and empirical studies on rent sharing in Africa and note their limits for the knowledge of the actual mineral rent sharing, which is often criticised for being unfavourable to African governments.
BookDOI
Resource rents in the diamond industry 2014–19: Rents, issues, methods, and data availability
TL;DR: In this paper, the authors present resource rent statistics from the diamond industry in key producer countries in emerging economies such as Angola, Botswana, Democratic Republic of the Congo, Lesotho, Namibia, Sierra Leone, and South Africa, as well as the Russian Federation.
Journal ArticleDOI
Mining and taxation in Sweden
TL;DR: The Swedish tax regime for mining has been criticised for being overly advantageous for mining companies, and for not adequately safeguarding the interests of the state and/or other rights- and stakeholders as discussed by the authors .