This book deals with the consequences of the inclusion of African states and communities in the global aluminium chain. The so-called “New Scramble for Africa” of the 2000s illustrated how seriously African living conditions are affected by continuous cycles of boom and bust, and how strongly the quality of life currently depends on the investment decisions and corporate social responsibility policies of transnational corporations. Taking the example of the global production network of bauxite and aluminium, the author focuses on the socio-political aspects of this dependency, which he achieves through the conducting of a series of interviews with various involved parties.
This book explores how bauxite mining has affected local and national political dynamics in Guinea over the past 55 years, providing an overview of mining interactions with social, economic and political spheres. Guinea is amongst the world’s top producers of bauxite, and the country’s rich mineral presence has numerous implications on local communities and national policy. Guinea is an interesting and highly relevant case study in assessing the impact of bauxite mining on regime stability and social insecurity. The author offers a clear understanding of the role of mining during the Touré and Conté regimes and analyses how changes since the election of Condé in 2010 have affected the socio-political and economic development of Guinea. The author also offers analysis on how bauxite mining has led to the emergence of new forms of social contracts, sustained by mining companies instead of the state. Finally, the book argues that understanding the stabilising and destabilising potential of mining is key to ensuring long-term, sustainable, stable and inclusive growth of mineral-resource-rich countries. The book concludes by highlighting the relevance of the findings in Guinea for the wider African extractives sector. The book will be of interest to a wide range of scholars, including those working in the areas of African studies, political science, political economy, sustainable development and corporate social responsibility. The book will be relevant for academics, business actors, NGOs, policy-makers and students interested in the African mining sector.
The continent of Africa is rich in minerals needed by Western economies, but rather than forming the basis for economic growth the mining industry contributes very little to African development Investigating the impact of the 2003 Extractive Industries Review on a number of African countries, the contributors find the root of the problem in the controls imposed on the African countries by the IMF and World Bank. They aim to convince academics, governments and industry that regulation needs to be reformed to create a mining industry favourable towards social, economic and environmental development. The book takes a multidisciplinary approach and provides a historical perspective of each country, making it ideal for students of development studies and development organizations.
The mining industry could play a key role in Africa s energy sector, since it requires power in large quantity and reliable quality to run its processes. The integration of mining with power system development, with appropriate risk mitigation mechanisms, could bring a win-win solution to utilities, mines, and people at large.
This report examines the reasons for the demise of Africa's mining performance, and proposes a strategy for accelerating mining sector growth so that the sector can make a greater contribution to economic activity in the region. The report draws heavily on the experience of World Bank mining work in Africa as well as other regions. The report includes an analysis of mining legislation and taxation arrangements in five countries which have been relatively successful in attracting new private sector mining investment. It also makes use of the results of a survey of the decision making processes and criteria of over forty mining companies regarding exploration and investment in developing countries. At various stages, key insights and findings from the report have been reviewed and discussed on a selective basis with industry experts, potential investors, interested government officials and the academic community.
"This report focuses on two mining projects that were Guinea's two largest bauxite producers in 2017: La Société Minière de Boké (SMB), a joint venture linked to the world's largest aluminum producer, China Hongqiao Group, that has expanded extremely rapidly since it began in 2015; and la Compagnie des Bauxites de Guinée (CBG), a decades-old company co-owned by multinationals Alcoa and Rio Tinto. Guinea's government, which has transformed Guinea into the world's third-largest exporter, should take immediate steps to better regulate companies and protect communities."--Publisher website, viewed October 10, 2018.
As the key component in aluminum production, bauxite became one of the most important minerals of the last one hundred years. But its effects on people and economies varied broadly – for some it meant jobs, progress, or a political advantage over rival nations but for many others, it meant exploitation, pollution, or the destruction of a way of life. Aluminum Ore explores the often overlooked history of bauxite in the twentieth century, and in doing so examines the forces that shaped the time, from the mineral’s strategic development in the First World War and throughout the Cold War, to its role in the globalization of markets, as companies from the northern hemisphere vied for the resources of the south. In this wide-ranging collection, scholars from around the world consider multiple international perspectives on this history – from Guinea to Nazi Germany to Jamaica – all while examining the central place of one commodity in a time of change.
