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The Majority of Companies in the Extractive Sector Hide Public Information

The Majority of Companies in the Extractive Sector Hide Public Information

A large number of companies operating in the sector of exploration of mineral resources and hydrocarbons do not provide information of public interest, according to a survey conducted by the Centre for Public Integrity (CIP), a civil society organisation whose fundamental guiding principles are based on integrity, transparency, corruption prevention and good governance.

With the aim of preparing the third edition of the transparency ranking of extractive sector companies, under the Extractive Industry Transparency Index (ITSE-21/22), last June the CIP invited all extractive sector companies, as well as government institutions, civil society organisations and the general public, to contribute with information for the analysis on the provision of information by the companies that will be analysed.

However, four months after the request, only five (05) companies out of a total of 22 studied provided the information requested. This is the case (for the hydrocarbons subsector) of Sasol, Empresa Nacional de Hidrocarbonetos E.P and of Montepuez Ruby Mining Limitada and Kenmare Resources plc for the mineral exploration subsector.

Of the 17 companies that stubbornly refuse to share information of public interest within the scope of transparency in the extractive industry, TotalEnergies, Eni, ExxonMobil, Matola Gas Company and Empresa Moçambicana de Hidrocarbonetos stand out for the hydrocarbon exploration sub-sector. In the mining subsector, Vulcan Resources (formerly Vale Moçambique), ICVL Zambezi, Jindal Mozambique, Minas Moatize and Capitol Resources Lda.

It is important to remember that in the second edition of the ITSE (20/21), the CIP analysis concluded that Highland African Mining Company Lda. was the least transparent. The company is based in Zambézia province, and has a contract signed in 2002 with the Government of Mozambique for the exploration of tantalum.

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Besides this company, the CIP distinguished four other companies that scored best in the sharing of information of public interest. For the “Honourable Mention” classification, the institution distinguished Haiyu Mozambique Mining Company. It also awarded Kenmare Resources plc; Vale Mozambique and Sasol, from first to third category, respectively.

Carta de Moçambique



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