Image for mineral resource governance

mineral resource governance

Mineral resource governance involves the policies, laws, and practices that manage the exploration, extraction, and use of minerals like gold, copper, and diamonds. Its goal is to ensure that mineral resources are developed responsibly, fairly benefiting communities and the economy while minimizing environmental impacts. Good governance promotes transparency, accountability, and respect for local rights, helping to prevent corruption and resource conflicts. Overall, it ensures that mineral wealth is managed sustainably and ethically, balancing economic development with environmental and social considerations for current and future generations.