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In the Spotlight

Resource Localism: How Globalisation is Driving Resource Companies to Deliver Sustainable Benefits and Manage Risks Locally

Resource development was once a straightforward process. A geologist would explore for a deposit, prove out the resource, and seek funding for its development. They would then spend time, money, sweat and tears, to get a geological model, engineering design and license to develop the resource. The resource industry got very good at developing resource projects in this way. Initially at home, and increasingly abroad, this approach worked. Where projects failed, it was for technical or economic reasons.

Featured Case Study

Delivering a “world class” ESIA that met the challenges of developing the most advanced coking coal operation in Mongolia

Energy Resources (ER) needed an Environmental and Social Impact Assessment (ESIA) to be completed to develop Mongolia’s most advanced coking coal operations. In order to develop the mine and build essential infrastructure, ER needed to obtain international financing from the European Bank for Reconstruction and Development (EBRD) and other international financial institutions. The assessment needed to be completed within a tight timeframe and meet the company’s financing needs.