Agile Computing Authors: Liz McMillan, Pat Romanski, Yeshim Deniz, Elizabeth White, Rene Buest

News Feed Item

Harper Government and World Economic Forum Committed to Improving Prosperity in Developing Countries Through Responsible Resource Development

TORONTO, ONTARIO -- (Marketwire) -- 03/02/13 -- As part of Canada's commitment to stimulate sustainable economic growth and reduce poverty in developing countries, the Harper Government partnered with the World Economic Forum to host the "Maximizing the Value of Extractives for Development" conference. The Honourable Julian Fantino, Minister of International Cooperation, co-hosted the event that brought together Canadian and international leaders to discuss how the responsible development of natural resources can bolster the effectiveness of international assistance and support sustainable economic growth in the developing world.

"The Harper Government is committed to increasing the effectiveness of our international assistance by ensuring our investments result in tangible and sustainable solutions for those who are most in need around the world," said Minister Fantino. "A responsibly-managed extractive sector can foster sustainable economic growth, create jobs, and have a lasting positive impact on families and their communities."

"The World Economic Forum is pleased to partner with the Government of Canada on this important multi-stakeholder event," said Mr. Klaus Schwab, Founder and Executive Chairman, World Economic Forum. "The equitable development of the extractives sector is critical for the continued social and economic development of many communities. Collaboration between business, government, international organizations, and civil society is key to ensuring responsible mineral development."

This one-day conference precedes the Prospectors and Developers Association of Canada's Annual International Convention and brings together Canadian and international companies in the extractives sector, including Vale and Teck as well as ministers from the governments of Ethiopia and Peru. Civil society organizations including the World University Service of Canada and Agenda Publica of Brazil also participated at the conference. It includes panel discussions on maximizing the development value of mining; harnessing mining investments for development; and capitalizing on resource wealth.

"Ethiopia's mining sector is growing in importance and revenues from this sector are needed to further our development goals," said Ms. Sinkinesh Ejigu, Minister of Mines, Ethiopia, who addressed the conference. "Canada is working with us to help Ethiopia achieve sustainable social and economic benefits from the sector."

Conference attendees discussed the role that mining investments can play in developing local, regional and national economies and how the development value of mining can be maximized. Participants also worked to identify the processes and institutions that are required to successfully manage the development of extractive resources to reduce poverty and advance broad-based local and national growth, as well as to compare various extractive resource development strategies and approaches in other countries.

To find out more about the Canada's work with the extractives sector, visit CIDA's Web page on natural resources management.


The high-level global conference "Maximizing the Value of Extractives for Development" was co-hosted by the Canadian International Development Agency and the World Economic Forum. This event preceded the Prospectors and Developers Association of Canada's Annual International Convention, Trade Show and Investors Exchange (March 3-6, 2013, in Toronto). It engaged approximately 200 representatives from government, industry and civil society to discuss the role of the extractive sector in sustainable development.

The objectives of the conference were to:

--  Discuss how the development value of mining can be maximized.

--  Discuss the role that mining investments can play in developing local,
    regional and national economies.

--  Identify the processes and institutions that are required to
    successfully manage the development of extractive resources in order to
    reduce poverty and advance broad-based national growth. 

--  Discuss extractive resource development strategies and approaches
    adopted by other countries and how they compare.

This one-day conference included moderated panel discussions on the following three topics:

1.  Maximizing the development value of mining

The value of mining is not just in the investment made to develop a mine or the price of the minerals produced, it can have a ripple effect on the economy. This panel discussed how responsible mining requires good governance while producing the revenues required to support well-governed institutions, which are necessary prerequisites to achieve most other development results.

2.  Harnessing mining investments for development

The mining sector mobilizes enormous long-term investments in very specific areas, resulting in significant infrastructure development, as well as the purchase of a wide variety of goods and services. This panel looked at how extractive sector investments and purchases can play a greater role in developing the local and national economy.

3.  Capitalizing on resource wealth

Possessing a rich natural resource endowment is not enough to guarantee positive outcomes. This panel examined the processes and institutions required to successfully manage the development of mineral resources to reduce poverty and advance broad-based national growth.

Panel participants included:

--  The Honourable Julian Fantino, Minister of International Cooperation,
--  Britt Banks, Adjunct Professor, University of Colorado, and Chair, World
    Economic Forum Global Agenda Council on Responsible Mineral Resources
--  Sinkinesh Ejigu, Minister of Mines, Ethiopia 
--  Pierre Gratton, President and Chief Executive Officer, The Mining
    Association of Canada 
--  Anthony Hodge, President, International Council on Mining and Metals 
--  Rafael Benke, Global Head Corporate Affairs, Vale 
--  Chris Eaton, Executive Director, World University Service of Canada 
--  The Honourable Jorge Humberto Merino Tafur, Minister of Mines and
    Energy, Peru 
--  Bernhard Klein, Head - Department of Mining and Engineering, University
    of British Columbia 
--  Scott Gilmore, President, Anchor Chain 
--  Virginia Flood, Vice-President, Rio Tinto, Canada

Daniel Bezalel Richardsen
Press Secretary to the Minister of International Cooperation
[email protected]

Media Relations Office
Canadian International Development Agency (CIDA)
[email protected]
Follow us on Twitter: @CIDA_CA

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

@ThingsExpo Stories
Dion Hinchcliffe is an internationally recognized digital expert, bestselling book author, frequent keynote speaker, analyst, futurist, and transformation expert based in Washington, DC. He is currently Chief Strategy Officer at the industry-leading digital strategy and online community solutions firm, 7Summits.
DXWordEXPO New York 2018, colocated with CloudEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
Cloud-enabled transformation has evolved from cost saving measure to business innovation strategy -- one that combines the cloud with cognitive capabilities to drive market disruption. Learn how you can achieve the insight and agility you need to gain a competitive advantage. Industry-acclaimed CTO and cloud expert, Shankar Kalyana presents. Only the most exceptional IBMers are appointed with the rare distinction of IBM Fellow, the highest technical honor in the company. Shankar has also receive...
Enterprises have taken advantage of IoT to achieve important revenue and cost advantages. What is less apparent is how incumbent enterprises operating at scale have, following success with IoT, built analytic, operations management and software development capabilities - ranging from autonomous vehicles to manageable robotics installations. They have embraced these capabilities as if they were Silicon Valley startups.
DXWorldEXPO LLC announced today that ICOHOLDER named "Media Sponsor" of Miami Blockchain Event by FinTechEXPO. ICOHOLDER give you detailed information and help the community to invest in the trusty projects. Miami Blockchain Event by FinTechEXPO has opened its Call for Papers. The two-day event will present 20 top Blockchain experts. All speaking inquiries which covers the following information can be submitted by email to [email protected] Miami Blockchain Event by FinTechEXPO also offers s...
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.
Predicting the future has never been more challenging - not because of the lack of data but because of the flood of ungoverned and risk laden information. Microsoft states that 2.5 exabytes of data are created every day. Expectations and reliance on data are being pushed to the limits, as demands around hybrid options continue to grow.
The standardization of container runtimes and images has sparked the creation of an almost overwhelming number of new open source projects that build on and otherwise work with these specifications. Of course, there's Kubernetes, which orchestrates and manages collections of containers. It was one of the first and best-known examples of projects that make containers truly useful for production use. However, more recently, the container ecosystem has truly exploded. A service mesh like Istio addr...
As IoT continues to increase momentum, so does the associated risk. Secure Device Lifecycle Management (DLM) is ranked as one of the most important technology areas of IoT. Driving this trend is the realization that secure support for IoT devices provides companies the ability to deliver high-quality, reliable, secure offerings faster, create new revenue streams, and reduce support costs, all while building a competitive advantage in their markets. In this session, we will use customer use cases...
Digital Transformation: Preparing Cloud & IoT Security for the Age of Artificial Intelligence. As automation and artificial intelligence (AI) power solution development and delivery, many businesses need to build backend cloud capabilities. Well-poised organizations, marketing smart devices with AI and BlockChain capabilities prepare to refine compliance and regulatory capabilities in 2018. Volumes of health, financial, technical and privacy data, along with tightening compliance requirements by...
Business professionals no longer wonder if they'll migrate to the cloud; it's now a matter of when. The cloud environment has proved to be a major force in transitioning to an agile business model that enables quick decisions and fast implementation that solidify customer relationships. And when the cloud is combined with the power of cognitive computing, it drives innovation and transformation that achieves astounding competitive advantage.
DevOpsSummit New York 2018, colocated with CloudEXPO | DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City. Digital Transformation (DX) is a major focus with the introduction of DXWorldEXPO within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of bus...
Cloud Expo | DXWorld Expo have announced the conference tracks for Cloud Expo 2018. Cloud Expo will be held June 5-7, 2018, at the Javits Center in New York City, and November 6-8, 2018, at the Santa Clara Convention Center, Santa Clara, CA. Digital Transformation (DX) is a major focus with the introduction of DX Expo within the program. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive ov...
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Digital Transformation and Disruption, Amazon Style - What You Can Learn. Chris Kocher is a co-founder of Grey Heron, a management and strategic marketing consulting firm. He has 25+ years in both strategic and hands-on operating experience helping executives and investors build revenues and shareholder value. He has consulted with over 130 companies on innovating with new business models, product strategies and monetization. Chris has held management positions at HP and Symantec in addition to ...
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
The best way to leverage your Cloud Expo presence as a sponsor and exhibitor is to plan your news announcements around our events. The press covering Cloud Expo and @ThingsExpo will have access to these releases and will amplify your news announcements. More than two dozen Cloud companies either set deals at our shows or have announced their mergers and acquisitions at Cloud Expo. Product announcements during our show provide your company with the most reach through our targeted audiences.
The IoT Will Grow: In what might be the most obvious prediction of the decade, the IoT will continue to expand next year, with more and more devices coming online every single day. What isn’t so obvious about this prediction: where that growth will occur. The retail, healthcare, and industrial/supply chain industries will likely see the greatest growth. Forrester Research has predicted the IoT will become “the backbone” of customer value as it continues to grow. It is no surprise that retail is ...
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...