[PDF] full report: "World Investment Report - Transnational Corporations, Extractive Industries and Development"
The World Investment Report 2007 focuses on the role of transnational corporations in extractive industries... Transnational corporations can bring in the finance and management skills [poor] economies need... But as we know, the extraction of natural resources involves considerable economic, environmental and social challenges. The objective is to ensure it is done in the most efficient and environmentally friendly manner possible, while at the same time contributing to poverty alleviation and accelerated development. For that, we need institutional and regulatory frameworks promoted by accountable Governments, as well as responsible investors. [Includes recommendations for host countries, home countries, international community, companies. Refers to Codelco, AngloGold Ashanti, Debswana (joint venture Botswana Govt. & De Beers), ConocoPhillips, ExxonMobil, Shell, Phelps Dodge (now part of Freeport-McMoRan), CNPC, Chiman mine (Zambia), Zambia Consolidated Copper Mines (ZCCM), Occidental, Kelian (joint venture Rio Tinto & PT KEM), Inco (now part of Companhia Vale do Rio Doce), BCL (Bamangwato Concessions Limited), BHP Billiton, Texaco (now part of Chevron), Chevron, Petronas, CNOOC, Sinopec, Barrick Gold, Teck Cominco, Glencore, Xstrata, Anglo American, Antofagasta, Newmont, Grupo Mexico, Alrosa, Norilsk Nickel, Gold Fields, Harmony Gold, Impala Platinum, Total, ENI, Inpex, Nederlandse Aardolie Mij, Norsk Hydro, Statoil, Repsol, BP, Sonatrach, Petrobras, ONGC, Gazprom, Lukoil, Tatneft]