"Mining in a Low-Emissions Economy" a 3-part report by Clean Energy Finance Corporation (CEFC) and the Minerals Research Institute of Western Australia (MRIWA), drawing on the expertise and insights of ENGIE Impact, is an essential guide for junior and mid-tier mining companies seeking to capture the economic and sustainability benefits …
Miners are grappling with a severe shortage of workers, sparking production cuts and shipment delays as they compete with other industries for talent while simultaneously navigating constraints imposed …
This study delves into the influence of green finance on the mining sector across 12 Asian economies, examining data from 2000 to 2022. Employing the CUP-FM (continuously updated full modified) approach, we uncover a significant correlation: a 1% increase in the green finance market size is associated with a reduction in CO2 …
Demographic Factors. Demographic factors are an uncontrollable factor in the business environment and extremely important to managers. Demography is the study of people's vital statistics, such as their age, gender, race and ethnicity, and location. Demographics help companies define the markets for their products and also determine the size and …
However, concerns over climate change have put mining operations and supply chains in the global spotlight, leading to various carbon-neutral promises by mining companies in recent months. Heading in this direction is Vale, a global mining company and the world's largest iron ore and nickel producer. It is a publicly traded company ...
2. The many ways mining activities impact biodiversity. Mining affects biodiversity at multiple spatial scales (site, landscape, regional and global) through direct (i.e. mineral extraction) and indirect processes (via industries supporting mining operations, and external stakeholders who gain access to biodiversity-rich areas as the result of …
Released today, the 16th annual edition of Deloitte Global's mining and metals report, Tracking the trends 2024, explores key trends facing mining and metals …
This literature review addresses on socio-economic and political impacts of the extractive (mining) industry. The paper reveals 27 different impacts (23 socio-economics and 4 political) associated ...
Introduction. Mineral wealth is an important asset that can be used to stimulate or enhance economic growth and spur infrastructure development, including the building of schools, hospitals and road networks.1 Mining has played a substantial role in the development of Ghana, which is second only to South Africa in terms of gold …
However, the mining industry competes for various resources, such as land and water, with other sectors. In South Africa, the situation is exacerbated by a legacy of more than 100 years of mining, which has led to various environmental challenges, for example acid mine drainage, uranium contamination and dust from dumps, among others.
The Ontario Mining Association (OMA) released a report showing the contribution of the mining sector to the provincial economy. The State of the Ontario Mining Sector, was published by the OMA in …
Principles on Business and Human Rights (UNGPs), data from the RMI Report 2020 shows that the large mining companies assessed score on average a low 19% on human rights-related issues. It is more than time for mining companies to fully embrace both the precepts of 'respect' and 'remedy' on all aspects of Human Rights.
This report examines key industry trends including the shift towards renewable energy and sustainability considerations, technological advancements, and the deepening relationship between supply chains, …
The report examines the context and state of sustainability reporting in the large-scale mining sector, with a specific focus on what governments have done to enhance the transparency of the sector. Among findings of the report are the growing demand for more detailed disclosures at the mine-site level and the need for increased …
At first glance, the 2024 ranking of the top business risks and opportunities in mining and metals doesn't differ too much from the last couple of years. Responses to these risks …
72% of respondents expect disruption in the mining sector due to ESG in the next three years. Almost half (46%) of respondents expect major technological innovation to disrupt …
Not only was the mining industry committed to building desalination plants, there was also political support, and support from some community members in highland communities near the mines. Yet, despite the optimism and investment, desalinated water was not replacing the use of continental water. He concluded that "desalination can't solve ...
industry sector EHS guidelines are designed to be used together with the General EHS Guid elines document, which provides guidance to users on common EHS issues potentially applicable to all industry sectors. For complex projects, use of multiple industry-sector guidelines may be necessary. A
Mining is a very water intensive industry. In mineral processing, slurry transport, dust suppression, and to meet the water needs of employees, large-scale mining operations use significant amounts of groundwater and surface water across the mine life cycle. Mining operations need water to process ore and run camp operations.
Given that cobalt-based batteries are a crucial and inevitable part of the green energy transition, both large-scale industrial mining and artisanal mining are here to stay. A World Economic Forum (WEF) white paper in 2020 outlined the current state of artisanal cobalt mining in the DRC and offered recommendations to make the industry …
Over the years, the impact of mining on the economy, environment, and society has attracted several views (Balasubramanian, 2017; Festin et al., 2018; Mensah et al., 2015; Ocansey, 2013).A study, (Widana, 2019) conceptualized the impacts of mining into several forms such as functionality (socio-economic, political and environment), …
The most precious commodity for global businesses to plan, invest and grow is stability. This is becoming a rare commodity in today's fractured world. We believe more time, …
Mining and metals are some of the world's most carbon-intensive sectors, and growing demand for electronics and modern goods has led to an increase in metals and minerals production. Mining activities also lead to various other damaging environmental and social impacts through soil, water and air pollution.
Environment, health, and safety is a growing concern worldwide. Decision makers, stakeholders, and pressure groups are getting more critical and rational about the EHS considerations.
The transition toward a net-zero pathway necessitates an estimated US$850 billion in new investments in the metals and mining industry by 2030. 1 The strong demand for renewable energy has resulted in a …
Figure 5: Business climate for mining in Nigeria 21 Figure 6: Distribution of mineral licenses granted in Nigeria till 2015 22 Figure 7: Strategy framework for Mining Roadmap 37 Figure 8: Ambition of the Nigerian Mining Sector 38 Figure 9: The minerals and mining sector can contribute significantly to Nigeria's GDP by 2025 39
There are many reports analysing the risks facing the mining industry, but how should companies consider the implications for their business? Rather than focusing on complex risks in isolation, we …
The mining industry is at a tipping point where sustainability and decarbonization are top items on CEOs' agendas. To achieve a 1.5°C climate-change target by 2050, the mining industry will need to reduce direct CO 2 emissions to zero. Encouragingly, our analysis shows that solutions to decarbonize the majority of …
Curb criminality in the sector. Informal mining has also seen a record number of cases that involve the use of violence – machete, theft, fights over mining claims. The criminality that is prevalent in the sector is argued to be as a result of the informalised operating environment in the ASM sector. Formalisation brings with its …
Organic Growth Innovation and technological transformation
Mining activities, including prospecting, exploration, construction, operation, maintenance, expansion, abandonment, decommissioning and repurposing of a mine can impact social and environmental systems in a range of positive and negative, and direct and indirect ways. Mining can yield a range of benefits to societies, but it may also cause …
The solution was to recast the mining business model as a development partnership, and to work with stakeholders to pursue shared goals. ... the Council has developed a matrix approach to identify technology solutions for the mining sector across six UN Sustainable Development Goals (SDGs): nutrition and agriculture (SDG 2), good …
Based on a literature review, this article presents environmental impacts of the mining (also know as the extractive) industry. The article presents details of 11 main environmental impacts ...
A list of the top ten risks and opportunities for mining and metals companies in 2024 and, where they ranked in 2023. We see a number of key themes playing out: Expectations of investors and …
Historically the mining sector has had a fractious relationship with environmental conservationists. Poor regulatory practices in host countries looking to boost their economies and create jobs allowed unscrupulous companies to extract mineral wealth with scant regard to the social and environmental impacts of their activities.
Mbendi Citation (2007) suggests that to gain a better understanding of the political history of the sector we should look at the history of migration in the mining industry. Schoofs Citation (2000) argues that the scale of mining explains why the draconian system of migrant labour was imposed and in turn paved the way for apartheid.
The Wikipedia 2 defines mining industry (MI) which is also known as the extractive industry as a process of extraction of valuable minerals or other geological m aterials from the earth, usually
