Over the past 50 years, WGM has implemented capacity building programs for stakeholders and governments of every level around the globe.
These involve mineral policy/legislative design, design of mineral databases, assessment of human and equipment resources, design and implementation of National Mineral Development Programs, establishment of programs to attract foreign investment and training of government personnel.
Mineral Sector Reform
WGM has helped Governments around the world institute reforms needed to make the regulatory regime more attractive to foreign investment. Three tenets form the basis for WGM’s approach: Security of Title; Regulatory Transparency; and an Attractive Fiscal Regime.
Our ultimate goal is to identify the long term potential of each nation’s mineral sector, to strengthen its administration and improve its ultimate benefits such that the minerals industry becomes a major pillar of the economy. We see sustainability and responsible development as the key requirements of the industry, and strive to ensure that communities and local stake-holders are fully engaged such that increased support for mineral sector development can be realized.
MINING VALUE CHAIN
Our reforms enable efficiencies and help remove impediments to investment, recognizing that progress takes time and nothing meaningful is ever accomplished “over-night”. We understand our clients’ over-arching desire to improve corporate social responsibility (“CSR”) practices right through the mining value chain.
We believe that institutional services in the government must be competently staffed, employ sound administrative practices and provide a broad range of support to the investor including basic geological data, geoscience survey data and land title data. If a Government wishes to provide a local analytical capability, then it must provide high-quality data in a cost effective manner.
WGM brings together experts in administration, language and technical training, data management, GIS, computer science, geoscience and laboratory management. WGM has completed institutional strengthening projects in the Republic of Yemen, Ghana, Tanzania, Ecuador, Argentina and Saudi Arabia.
Whether funded by World Bank or by local governments, our studies have helped raise the profile of a diversity of mineral rich regions in the world market. To this day, our work remains the quintessential resource for modern explorers in countries like Saudi Arabia, Yemen, Zambia, Afghanistan and Tanzania.
REGIONAL LAND STUDIES
Each nation draws strength from a diversity of mineral wealth, and our goal is to identify those commodities with a natural competitive advantage in terms of the quality of resource, market potential, and the potential for value-added down stream products. We analyze the global investment outlook for key minerals and help identify trends in these mineral sectors.
Over the past 50 years, WGM professionals have mapped and cataloged the geological diversity of some of the most mineral rich countries in the world, a foundation on which future economic development strategies can be built.
SUPPLY AND DEMAND
We recognize that commodity price is affected by more than just supply and demand since there are often substitute materials available. While demand is a function of world economic activity, supply is largely a function of the industry’s investment dynamics and tends to be dominated by expectations regarding future demand growth on the one hand and future profitability, the relationship between prices and costs, on the other.
First Nations Consultation
Many of Canada’s First Nations communities are entering into high stakes negotiations with governments and exploration/mining companies, aimed at clarifying the rights and responsibilities of each party to manage, protect, and develop the resources within traditional territories.
Whether First Nations are interested in jobs, partnerships and joint ventures, or simply exercising greater oversight to protect the land and community, WGM can help First Nations communities make informed decisions in order to realize long-term benefits and manage the risks of mineral resource development.
At WGM, we believe that “win-win” outcomes can be achieved if all parties are pro-active in building relationships based on the principles of open communication, mutual respect, and sustainable development, right from the early stages of exploration. WGM can also offer support to First Nations as they negotiate land claims or land management agreements with the Crown. In these negotiations, it is vital for First Nations to understand the true economic potential and likely locations of the mineral resources within their territories.
WGM advised and helped Native groups in Alaska select territory containing the best mineral prospects for their land settlements, which ultimately led to new discoveries and mines being developed. More recently, WGM was selected by the government of Nunavut to develop a land resource management regime for the Territory, which encompasses 20% of the area of Canada.
WGM is interested in empowering First Nations to make the best decisions possible for the sustainable development of our land and communities.