Africa to pilot bond aimed at formalising artisanal mining
A sustainability bond aimed at integrating artisanal miners into formal supply chains will be piloted by a Canada-based advisory firm and a mid-tier Zambian copper miner this year, the firms said. Artisanal mining provides livelihoods for hundreds of millions globally. In Africa, it often operates informally on or near company-run mines, hitting their profits, spreading pollution and depriving nations of revenue.
A sustainability bond aimed at integrating artisanal miners into formal supply chains will be piloted by a Canada-based advisory firm and a mid-tier Zambian copper miner this year, the firms said. Artisanal mining provides livelihoods for hundreds of millions globally. In Africa, it often operates informally on or near company-run mines, hitting their profits, spreading pollution and depriving nations of revenue.
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