Resources Policy最新文献

{"title":"Transparency of reporting on tailings storage facilities by the six largest members of the International Council on Mining and Metals","authors":"Cornelie Crous ,&nbsp;Lochner Marais","doi":"10.1016/j.resourpol.2025.105784","DOIUrl":"10.1016/j.resourpol.2025.105784","url":null,"abstract":"<div><div>The risks posed by mines' waste storage facilities have become evident. In 2020, the International Council on Mining and Metals (ICMM) accepted the Global Industry Standard on Tailings Management (GISTM). To discover whether the Standard has changed companies' practices, whether the changes are comprehensive enough, and whether enough attention is given to non-technical aspects, we examined sustainability reporting on tailings storage facilities by the six largest mining companies in the world that are members of the ICMM. The paper uses concepts from social constructivism. We compared the transparency in reporting before and after the acceptance of the GISTM to investigate whether it has improved reporting. Despite some improvement in transparency about the location of each tailings storage facility and the risks it poses, concerns remain. The aspects needing improvement are the disaster terminology, the frequency of reviewing tailings storage facilities, and the acknowledgement that communities change. Newmont Corporation's approach offers hope for a broader understanding of disaster. Our main conceptual contribution links the need for transparency in disaster thinking with the inability of transparency reporting to do justice to this need.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105784"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145527029","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Financing Africa's transition minerals: Chinese capital, control structures, and developmental constraints","authors":"Michael Mbate","doi":"10.1016/j.resourpol.2025.105789","DOIUrl":"10.1016/j.resourpol.2025.105789","url":null,"abstract":"<div><div>This paper examines the financial architecture and developmental implications of Chinese mineral financing in Africa. Using a dataset of 33 Chinese-financed mineral projects between 2006 and 2021, it shifts the focus from the volume of lending to the modalities of finance that condition Africa's bargaining power and position within global mineral value chains. The analysis shows that financing is highly concentrated - sectorally in copper and cobalt and institutionally in USD-denominated megaprojects dominated by state-linked entities. Loan terms with short grace periods and rigid repayment schedules, combined with implementation control by Chinese firms, constrain African agency and limit domestic value retention. Conceptually, the study demonstrates the usefulness of viewing resource governance through financial architecture, where repayment structures, equity shares, and risk allocation operate as mechanisms of control. It concludes that without stronger negotiation capacity, regulatory oversight, and regional coordination, Chinese mineral finance may reproduce extractive dependence rather than support long-term industrial development.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105789"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145527030","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Who benefits from informal artisanal and small-scale mining (ASM) in Ghana? Evidence from the Amansie West District","authors":"Albert Adehokey ,&nbsp;Lawrence Kwabena Brobbey ,&nbsp;Dorcas Peggy Somuah ,&nbsp;Joana Akua Serwaah Ameyaw","doi":"10.1016/j.resourpol.2025.105797","DOIUrl":"10.1016/j.resourpol.2025.105797","url":null,"abstract":"<div><div>Informal artisanal and small-scale mining (ASM) has significantly expanded in Ghana and other African countries, often causing environmental degradation and social conflicts. However, insights on who benefits and the mechanisms used to benefit have not been well studied. We engaged the Theory of Access to examine the mechanisms actors involved in informal ASM use to gain, maintain and control benefits to mineral-rich lands in the Amansie West District of Ghana. Data were collected through focus group discussions and key informant interviews with informal ASM operators, traditional leaders, local government officials, laborers, supervisors, landowners, youth leaders, and smallholder farmers from four communities in the district. Three mechanisms of access; rights-based, structural and relational, and socio-developmental merchandising where prospective ASM operators undertake social development projects to gain and maintain access to gold in mining communities were identified. These are complemented by force, capital, knowledge, labor opportunities, and identity. Traditional leaders and local governance authorities are involved in a symbiotic relationship in granting and controlling access to gold contrary to the laws of Ghana. Vigilante youth groups benefit from informal ASM by mounting barriers on access roads that lead to mining communities and collecting money for the passage of excavators and other heavy equipment used in ASM operations. The findings highlight the need for innovative policy interventions like a multi-stakeholder dialogue process that integrates customary and statutory systems to regulate informal ASM, ensuring it is both environmentally sustainable and beneficial for local communities and the state.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105797"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145526889","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Chinese mining investment globally: Who, where, and how?","authors":"David Landry","doi":"10.1016/j.resourpol.2025.105780","DOIUrl":"10.1016/j.resourpol.2025.105780","url":null,"abstract":"","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105780"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145527017","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Paradox of oil revenue allocation and utilisation in resource-rich countries: The case of Nigeria","authors":"Sunday Eneojo Samuel,&nbsp;Reza Kouhy","doi":"10.1016/j.resourpol.2025.105782","DOIUrl":"10.1016/j.resourpol.2025.105782","url":null,"abstract":"<div><div>This paper examines the complex dynamics of oil revenue allocation and utilisation in resource-rich nations, with Nigeria serving as a case study due to its significance in global energy markets. Although oil revenues have long driven economic growth and government income, their management has often failed to yield sustainable development outcomes. Drawing on the resource curse and Dutch disease theories, the study explores how fiscal structures influence sustainable growth trajectories in resource-dependent economies. While the resource curse and Nigeria's oil paradox are extensively studied, this paper introduces a comparative fiscal performance framework built on four integrated indicators, Oil Revenue Share of GDP, Capital Expenditure Ratio (CER), CER vs. Budget Balance, and Sovereign Wealth Fund (SWF) Assets per Capita, to evaluate Nigeria's fiscal behaviour relative to contemporary resource-rich countries. The framework's originality lies in linking these indicators to institutional capacity and governance outcomes, revealing how Nigeria's fiscal structure reflects economic inefficiency, political centralisation, and weak subnational accountability. This analytical approach moves beyond descriptive analysis to assess fiscal sustainability and reform readiness. Using a time-series dataset (1981–2022), this study employs an ex-post facto design, Autoregressive Distributed Lag (ARDL) bound test, and judgmental sampling to uncover dynamic interactions among key variables. Findings show that oil revenue allocation has no significant long-run effect on Nigeria's sustainable economic growth. Policy recommendations include enhancing transparency in oil revenue management, empowering subnational governments, and linking oil revenues to human development through diversification, accountable governance, sovereign wealth management, and stable medium-term expenditure frameworks for sustainable, inclusive economic growth.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105782"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145527028","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Fiscal stabilization in resource-rich developing economies amid a resource revenues downturn: A new-Keynesian analysis","authors":"Cece Cherif Delamou","doi":"10.1016/j.resourpol.2025.105795","DOIUrl":"10.1016/j.resourpol.2025.105795","url":null,"abstract":"<div><div>In the present paper we study the stabilizing effect of alternative fiscal policy measures in response to a fall in a developing country's revenues from their natural resources sector. The theoretical framework of a new-Keynesian small open economy is used, and the model is calibrated to the economy of Guinea. We find that a countercyclical public investments policy reduces private consumption further in the short run while the associated increasing level of public capital allows for a higher net increase in future private consumption only from the medium run onwards. The tax relief policy, in addition to requiring less public borrowing than the countercyclical spending policy as well as leading to less inflationary pressures, raises private consumption from baseline, on-impact and in the short run. The commonly recommended use of a sovereign wealth fund does raise private consumption and non-resource output, on impact and durably afterwards, and reduces inflation and public borrowing requirements, but does contract the competitiveness of domestically produced intermediate goods and causes a downswing in labor demand domestically.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105795"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145576959","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Assessing critical mineral occurrence in battery technologies","authors":"Elsa Camuamba ,&nbsp;Bruno Damásio ,&nbsp;Sandro Mendonça","doi":"10.1016/j.resourpol.2025.105755","DOIUrl":"10.1016/j.resourpol.2025.105755","url":null,"abstract":"<div><div>The prevailing geopolitical context has amplified the centrality of core material inputs in the interaction between technological innovation, economic security, and the climate emergency. Battery technologies represent one of the frontiers in this evolving landscape. In this paper, we examine the link between innovation in these technologies and their material inputs, assessed in terms of mineral occurrence in a sample of 33,036 full-text battery patents published from 2000 to 2021. Our findings, which cover 19 battery technologies, show that, on average, battery technologies increasingly rely on critical minerals. The analysis further reveals a rich tapestry of critical minerals beyond the conventional set of key battery minerals, namely lithium. Evidence shows that chromium, gallium, germanium, molybdenum, niobium, phosphate, silicon, tantalum, tellurium, titanium, and zirconium are all growing in relative importance. Analysis of battery technology specialisation profiles and patterns further highlight inventor countries’ critical mineral needs. While the United States has grown more specialised in sodium-ion batteries, China shows a relative advantage in magnesium-ion, sodium-ion and lithium-ion batteries. Significantly, these patterns similarly reflect diverging paradigmatic shifts in battery innovation along a global “North-South” divide. We conclude with a discussion of potential pathways for battery development and propose avenues for further enquiry at the interface of mineral criticality and geoeconomics.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105755"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145420412","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Navigating environmental vulnerability and resource dependence: Toward equitable and sustainable growth pathways in resource-rich economies","authors":"Md. Nahiduzzaman ,&nbsp;Sanjoy Kumar Sarker ,&nbsp;Bapon Chandra Kuri ,&nbsp;Bablu Kumar Dhar ,&nbsp;Partha Pratim Roy ,&nbsp;Rejaul Karim","doi":"10.1016/j.resourpol.2025.105768","DOIUrl":"10.1016/j.resourpol.2025.105768","url":null,"abstract":"<div><div>This study examines how environmental vulnerability and resource dependence shape economic sustainability in resource-rich economies, advancing beyond the traditional Environmental Kuznets Curve and Resource Curse frameworks. Using panel data from 147 countries covering the period 1990 to 2020, we analyze five stressors: CO₂ emissions, food price volatility, natural resource depletion, population density, and forest area. The analysis employs a panel ARDL framework, supplemented by FMOLS, DOLS, Granger causality, and robustness diagnostics. Results reveal marked heterogeneity across income groups. In high-income economies, forest conservation and demographic density enhance economic resilience, while emissions hinder renewable energy adoption. In middle-income economies, resource depletion and food price volatility drive short-term growth but reinforce a green growth paradox. In low-income economies, structural weaknesses limit responsiveness, locking development into extraction and emission-intensive paths. The study contributes by providing the first large-scale, income-stratified analysis of multidimensional stressors on growth and renewable energy, by strengthening methodological rigor with spuriousness and causality checks, and by offering context-sensitive policy pathways. Policy priorities include carbon pricing and forest-based carbon markets for high-income economies, governance reforms and green infrastructure investment for middle-income economies, and concessional finance for renewable energy and food system stabilization in low-income contexts.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105768"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145475995","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"Community responses in a contested mining landscape: Perceptions and power in Belitung, Indonesia","authors":"Dilruba Erkan ,&nbsp;Henny Warsilah ,&nbsp;Sri Yudawati Cahyarini","doi":"10.1016/j.resourpol.2025.105785","DOIUrl":"10.1016/j.resourpol.2025.105785","url":null,"abstract":"<div><div><em>Good practice</em> in extractive governance in resource-abundant regions requires understanding communities' perspectives through its everyday life experiences and perceptions in their full complexity. However, the ambivalent nature of community responses in such regions is poorly understood as the participation and opposition to extraction are often intertwined. Here, we analyze how communities perceive tin mining; and how they negotiate and articulate these responses in Belitung Island, Indonesia. A substantial body of work offered empirical research that maps out the intertwinedness of participation and opposition beyond the assumed binaries of agreement or disagreement. In this study, we further highlight the importance of <em>occupational distance</em>, such as (in)direct economic relations or dependency on mining, in influencing how communities negotiate and articulate their positions. Despite Belitung's long-standing role in global tin supply chains, the efforts to examine how differing economic relations to mining impact the island community perceptions have received less attention. This study contributes to those discussions by exploring how immediate economic pressures, everyday harm, and asymmetrical power relations shape perceptions of mining-related opportunities and harms, in regards to the occupational distance of households to the extractive industries. We employ mixed methods grounded in political economy, political ecology, and critical readings of the Social License to Operate (SLO) and Corporate Social Responsibility (CSR) frameworks. Drawing on 146 household surveys and 12 in-depth interviews, we show that community perceptions are not stable or voluntary positions but negotiated stances produced through uneven political-economic landscapes mediated by governance failures and socio-economic dependencies. Neither economic dependency, perceived environmental harm, nor personal losses consistently predict agreement, participation, disagreement, or resistance. This challenges dominant assumptions of simplified versions of governance frameworks by examining community responses around the extractive economy in Belitung Island. This study intrumentalize occupational distance to advance a more nuanced understanding of extractive legitimacy and its implications for context-sensitive, participatory models of governance in resource-abundant regions.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105785"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145526890","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}

{"title":"The critical minerals dilemma: Rethinking energy transition strategies in Africa","authors":"Nurcan Kilinc-Ata ,&nbsp;Liliana Proskuryakova","doi":"10.1016/j.resourpol.2025.105769","DOIUrl":"10.1016/j.resourpol.2025.105769","url":null,"abstract":"<div><div>Energy transition relies heavily on critical minerals that play a crucial role in accelerating low-carbon development by influencing the viability and accessibility of green technologies. Many more minerals are also essential for industrialization, which is taking place or projected in most developing countries in Africa. This study focuses on countries with the largest mineral deposits in the region; for instance, South Africa is the leading producer of iridium, while Gabon and Mozambique extract substantial volumes of graphite and manganese. Using a cross-sectional autoregressive distributed lag (CS-ARDL) approach, we examine how the mineral import demand of 21 African countries responds to growing renewable energy (RE) consumption, as well as changes in energy efficiency and CO2 emissions between 2000 and 2023. This study provides the first cross-country CS-ARDL assessment of mineral trade responses to clean-energy drivers across African economies. The empirical findings indicate that, over the long term, RE expansion shows a positive association with mineral imports in African countries rich in these resources. Conversely, foreign direct investment (FDI) and gross domestic product (GDP) exhibit negative associations with import volumes. FDI also appears to reduce mineral exports in the long run, suggesting that investors increasingly prioritize domestic manufacturing over raw commodity exports. Additionally, RE consumption is associated with reduced mineral exports, while enhancing energy efficiency in the short term. These findings provide new regional insights into Africa's evolving mineral supply chains, highlighting the continent's complex role in global energy transition pathways and its need for resilient and inclusive mineral strategies.</div></div>","PeriodicalId":20970,"journal":{"name":"Resources Policy","volume":"111 ","pages":"Article 105769"},"PeriodicalIF":10.2,"publicationDate":"2025-12-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"145475994","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":2,"RegionCategory":"经济学","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}