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The real value of mining to a country's economy

The real value of mining to a country's economy

Tue, 02/25/2014 - 15:03

The linked article from a digital newspaper in Kenya, is very interesting and describes in just two pages something that I feel passionately about - that a mining industry in any particular country should have a larger effect on the country's economy than merely producing royalty and taxes in the short term.  The activities of private sector actors should be leveraged to grow opportunities for education, training and the ceation of new businesses that will one day serve not only the mining sector.

This is how one really turns the extraction of limited resources into a long-term benefit for the host country.

 

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