UK EITI Mining and Quarrying subgroup meeting note, 5th March 2024

UK EITI subgroup meeting notes Mining & Quarrying

UK EITI Mining & Quarrying Subgroup meeting, Tuesday 5th March 2024

Attendees

Kirsty Benham                  Aurelie Delannoy               Mike Earp

Pat Foster (Chair)             Becca Kirk (CMA)               Mike Nash

Hedi Zaghouani

Are all in-scope mining and quarrying companies being captured by the reconciliation process?

  • The original list of mining and quarrying companies put together in 2014 tried to capture those that were thought to be within scope of EITI i.e. making payments of over £86,000 to government agencies a year. 

  • It was agreed that a review of in-scope mining and quarrying companies was required to ensure all companies are being picked-up by the reconciliation process.

  • In 2022 fourteen mining and quarrying companies participated in the reconciliation process, disclosing £52 million of payments. There are still some companies that refuse to participate.

  • A good starting point would be to look at the list of companies that pay The Crown Estate and Crown Estate Scotland. 

  • Possibly also identify companies via MPA membership. Can also try to identify companies by communications via websites, industry press and Trade Associations.

  • Could also try to identify companies under SIC codes 07 and 08, although there are many companies on this list.

  • Need to consider new producers and looking for data sources, including BGS to look at any new companies are in-scope. (Action: Pat to speak to Kirsty and Becca for CMA and Aurelie for MPA).

  • Consider adding a note encourage companies not captured to download the template and provide payments data on the UK EITI website under the “Reporting Guidance” section.

Production and export data requirements for EITI Standard

  • The new EITI Standard has a number of new requirements for both implementing countries and companies around the disclosure of production and export data. These are:

 

  • 3.2 Implementing countries are required to disclose timely production data, including production volumes and values by commodity. Data must be further disaggregated by project, where available. An estimate of production resulting from artisanal and small-scale activities must be disclosed where applicable and available (Requirement).

  • 3.2 The sources of and the methods for calculating production volumes and values must be disclosed. Implementing countries are required to disclose existing mechanisms to monitor and verify the accuracy of production data and document findings, including any weaknesses related to the comprehensiveness and reliability of publicly available production data (Requirement).

  • 3.3 Implementing countries must disclose how they monitor and verify the accuracy of production and export data, which is usually sourced from oil, gas and mining companies. An estimate of production and exports resulting from artisanal and small-scale mining should also be disclosed (Requirement).

 

  • As well as these requirements there are also a number of expectations and encouragements for implementing countries and companies. These are:

 

  • 3.1b Implementing countries and companies are encouraged to disclose data on proven economic oil, gas or mineral reserves, where available.

  • 3.3a Implementing countries are expected to disaggregate export data by transaction.

  • 3.3c Implementing countries are expected to present export data using national and international commodity classification standards.

  • 3.3e Implementing countries are encouraged to present export data by region, destination and buyer. Exporting companies and implementing countries are encouraged to disclose whether the buyer is a related party.

 

AOB

  • Further meeting to be arranged for April 2024. (Action: Mike Nash).

Download UK EITI Mining and Quarrying subgroup meeting note, 5th March 2024 asdocx

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