Heavy Equipment for Sale: Large-scale gold production has been found to be a major factor in bolstering the economies of developing countries, according to a key report issued today by the World Gold Council (WGC) in partnership with the International Council on Mining & Metals (ICMM) and Oxford Policy Management.MSloane Consulting is ready to supply heavy equipment for sale for gold mining operations.
The new report, ‘The Golden Building Block: gold mining and the transformation of developing economies’, authored by Maureen Upton, Sustainability Advisor to World Gold Council, considers the macroeconomic benefits of gold production in developing countries. The report takes into account the well-debated resource curse theories, and examines evidence of actual contributions through an in-depth case study of Tanzania and the effects of gold mining on its economy over a 40-year period.
The report also reviews case studies undertaken within the ICMM’s Resource Endowment initiative, analysing the costs and benefits of mineral extraction in Chile, Ghana, Peru and Tanzania. The final section seeks to provide observations on policy approaches and conditions likely to positively impact the economic contribution of gold mining more generally across other developing countries.
