Tagged: Extractive Industries Transparency Initiative

Press Release
The pit at Sadiola Hill Gold Mine, Mali; August 2006. Photo: Brett Eloff/Oxfam

Sweeping measures to improve transparency and governance are urgently needed to end a scandal that has seen Africa lose an average of $1 billion every week for the past 30 years in illicit financial flows.

Press Release

Oxfam welcomed commitments by France, Germany and the UK to make it mandatory for oil, gas and mining companies to publish data regarding their payments in resource-rich countries.

Press Release

Oxfam America commends the US Congress for making disclosure of payments from oil and mining companies to governments around the world a legal requirement. This historic measure will increase financial transparency and help reduce corruption.

Press Release
A diamond miner in the Central African Republic. The EITI visited the Central African Republic in November 2009. Credit: EITI

The deadline for the Extractive Industries Transparency Initiative arrives, but only two out of 22 countries have completed their validation.

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