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Friday, 19th October 2007 (1806 views)

The South African Institute of International Affairs (SAIIA) is implementing a new research project to maximise sustainability in the extraction of the countries resources, which include gold and other precious metals, it has been reported.

According to Mining Weekly, the SAIIA is to use its new Governance of Africa's Resources Programme (GARP) to help South Africa derive the maximum positive effects from mining activities.

SAIIA national director Elizabeth Sidiropoulos told the news provider: “Africa has a one-off opportunity to benefit from the extraction and exploitation of its natural resources, but, to do so, it needs to strengthen its governance regimes considerably."

Countries to be researched reportedly include Angola, the Democratic Republic of Congo, Tanzania and Sudan, although GARP is said to be intending to look at broader issues affecting the whole continent.

Meanwhile, the Nedbank Capital Green Mining Awards recently recognised environmental stewardship in South Africa's mining sector.

 

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