Mining’s Contribution to Sustainable Development

When:
February 24, 2016 @ 5:30 pm
2016-02-24T17:30:00+00:00
2016-02-24T18:00:00+00:00
Where:
G01, Central House
14 Upper Woburn Pl
Kings Cross, London WC1H 0NN
UK
Contact:
University College London, Institute for Sustainable Resources
+442031085935

In this seminar Magnus Ericsson, Consulting professor at Luleå University of Technology, Sweden, will discuss how mining can make a contribution that translates to greater well-being for the people, communities and countries where mines operate. Magnus will present how society as a whole depends on the metals this industry produces, whether the aluminium boat for a fisherman, the rare earths in a wind turbine or the chromium-cobalt steel alloys used in an artificial hip. Magnus will argue that mining has a crucial role to play in fostering sustainable development where it matters most: in the poorest countries and regions. In order for mining to act as a catalyst to economic and social development, it is however necessary for national and local political systems to have the resources and capacity to regulate and control the industry if this model shall work as envisaged.

About the speaker:
Magnus Ericsson is a Consulting Professor of mineral economics at the Luleå University of Technology, Sweden. Prof Ericsson is also an honorary lecturer in Petroleum and Mineral Law and Policy at the University of Dundee and a member of the Technical Group, Natural Resources Charter (UK), World Mining Congress, International Organising Committee and the Royal Academy of Engineering Sciences (Sweden).

Prof Ericsson has extensive experience in the field of mineral economics, mineral policy/strategy and mineral legislation and taxation cross. In addition he has considerable experiences in Institutional organisation, Investment promotion and Stock exchange regulations for mining companies. He has also performed several analyses of mineral industries and their competitiveness and has a very extensive network of contacts all over the world mainly in Europe, Africa and China.

Within the African mining sector Prof Ericsson has worked with both governments and industry mainly in Southern Africa and West Africa. He was the only European member of the African Union’s and UN ECA’s joint International Study Group to Review Africa’s Mining Regimes (ISG 2007-2009)and was deeply involved in the setting up of the African Mineral Development Centre in Addis Ababa under the auspices of the African Union Commission, the Africa Development Bank and the Economic Commission for Africa. Since the early 2000s Prof Ericsson has had special focus on the iron ore industry and has been responsible for the publication of the annual Iron ore market review on behalf of UNCTAD Geneva.