Jul 24, 2020 To understand the implications for the mining sector, we have assessed the potential impact on industry-level revenues and earnings before interest, taxes, depreciation, and amortization (EBITDA) under four scenarios—A1, A2, A3, and A4—that represent different shapes of economic recovery (Exhibit 6).
Africa’s major metal mines are inside or within 10 km of a protected area, considerably more than the 25% in both Asia and South America (Duran et al. 2013). The immediate, relatively local environmental impacts of mining per se may be dwarfed by the potentially far more wide-ranging impacts of mining infrastructure and socioeconomic change.
Aug 13, 2019 China only has an estimated 30% of global reserves of rare earths. Substantial and exploitable deposits of rare earths are also found in North America, Australia, Southeast Asia, Central Asia, and Sub-Saharan Africa. There are a number of challenges to opening up new mining sites, including low prices and high environmental costs.
Between 2000 and 2014, the stock of Chinese investment in Africa went from 2 per cent of US levels to 55 per cent. McKinsey estimates that, at the current breakneck pace, China will surpass US ...
Chinese state-owned enterprises (SOEs) are often depicted as the new colonials in Africa, rapacious exploiters who lack transparency and good corporate citizenship. But the reality is rather different. Looking at the evidence for one of the largest recipients of foreign investment, Africa’s mining industry, we find that while Chinese SOEs fall short in some aspects…Continue reading →
Sep 03, 2020 Zhongxin Coal Mining Group and Afrochine Smelting have received permission from the government to begin environmental impact assessments for …
Mar 31, 2020 The Impact of COVID-19 on the Mining Sector. March 31, 2020 by Shabir Ahmed, Industry Advisor for Mining at SAP Africa. The World Health Organisation (WHO) has declared the COVID-19 outbreak a pandemic. At the time of writing there are over 400 000 confirmed cases across 194 countries. Even the most optimistic analysts expect a global recession.
Sep 26, 2012 The center of rare-earth mining there is Baotou, a city in Inner Mongolia with 2.3 million residents that's become something of a poster child for mining's ecological wreckage.
Between 2000 and 2014, the stock of Chinese investment in Africa went from 2 per cent of US levels to 55 per cent. McKinsey estimates that, at the current breakneck pace, China will surpass US ...
all three channels of interaction in order to obtain a comprehensive picture of China’s impact on Africa. In terms of methodology, we use panel data for 43 sub-Saharan African countries, the period 1991-2011, a simple Solow-type growth model and two different econometric methods, including an instrumental variable approach. ...
Chinese Investment in Africa. Africa, according to Sautman and Hairong (2007) has the highest return on FDI, ranging from 29% in 1990 to. 40% in 2005. Although China’s trade with Africa is smal ...
all three channels of interaction in order to obtain a comprehensive picture of China’s impact on Africa. In terms of methodology, we use panel data for 43 sub-Saharan African countries, the period 1991-2011, a simple Solow-type growth model and two different econometric methods, including an instrumental variable approach. ...
Apr 05, 2013 China is also making industrial investments all over the continent, running mining and oil firms. As a result, China has now become Africa’s most important trading partner, passing the United States. There are certainly benefits to Chinese investment in Africa, such as improvements in infrastructure and economic development.
Jul 05, 2019 A reprieve from the US-China Trade War may see cooled tensions and a start to global economic stability, but the truce may be too little, too late. Find out how the year-long trade struggle impacted the mining industry in South Africa and around the globe… US-China Trade War Reaches a …
May 29, 2008 Concerns over China’s environmental footprint in Africa have arisen for at least four reasons: - China’s investments in Africa are concentrated in sectors which are environmentally sensitive (such as oil and gas exploration, mining, hydropower, and timber), and in infrastructure projects which help to facilitate environmentally sensitive ...
THE IMPACT OF COVIDfi19 ON EMPLOMENT IN MINING 2.1 IMMEDIATE IMPACTS Markets, supply chains, and employment are immediately impacted as many governments impose sudden national lockdown restrictions to limit the virus spread. 2.1.1 IMPACTS ON MINING ACTIVITIES Impacts on mining activities vary significantly across countries, depending on
Jul 14, 2020 The mining of rare earth metals occurs mainly in southeastern China, in provinces like Jiangxi and Fujian. But there is also mining as north as Inner Mongolia and as west as Sichuan. Over the last decade and a half, China has also moved to obtain exclusive mining rights in African countries in return for building big-ticket infrastructure projects.
Sep 26, 2012 The center of rare-earth mining there is Baotou, a city in Inner Mongolia with 2.3 million residents that's become something of a poster child for mining's ecological wreckage.
Mar 31, 2020 The Impact of COVID-19 on the Mining Sector. March 31, 2020 by Shabir Ahmed, Industry Advisor for Mining at SAP Africa. The World Health Organisation (WHO) has declared the COVID-19 outbreak a pandemic. At the time of writing there are over 400 000 confirmed cases across 194 countries. Even the most optimistic analysts expect a global recession.
Mining Regions. Evidence of tin mining can be dated back to the Bronze Age, around 3000 BC in Europe and China. In more recent times large deposits throughout South America, Africa and Asia are being exploited, with little or no mining in Europe or North America.
Oct 11, 2018 This article has focused on analysing the significant impacts of irregular migration from China into the informal small-scale mining sector in Ghana. Building on this, further research in both Ghana and Shanglin County in China could provide a critical examination of South-South labour migration and the complex web of relationships that connect ...
Aug 13, 2020 China’s imports of industrial metals are booming. Refined copper imports hit an all-time high of 494,000 tonnes in June and accelerated again in July with the preliminary trade figures implying ...
Thanks in part to high cobalt prices in 2018, a lot of this activity now takes place within the sites of the large mining groups, including Switzerland-based Glencore and Hong Kong-listed China ...
Chinese state-owned enterprises (SOEs) are often depicted as the new colonials in Africa, rapacious exploiters who lack transparency and good corporate citizenship. But the reality is rather different. Looking at the evidence for one of the largest recipients of foreign investment, Africa’s mining industry, we find that while Chinese SOEs fall short in some aspects…Continue reading →
In this study we assess the impact of sand mining in Poyang Lake, where dredging began in 2001 after sand mining in the Yangtze River had been banned. In April 2008 concern over the impact on the ...
Oct 29, 2012 Trade with China may have helped insulate Africa from the full impact of the 2008 financial crisis, but Africa still looks vulnerable to China’s economic slowdown. Meanwhile, African nations should also prepare for the day when they no longer have natural resources to sell.
Jul 18, 2017 China Union (Liberia) Bong Mines Investment—Bong Mines—is a subsidiary of China-Union Hong Kong Mining Company, Ltd. (Wuhan Iron and Steel Corporation) located in Bong County, Central Liberia. The mine is situated 10 13′ 38″ N and 6 48′ 0″ E and located 78 km northeast of Monrovia, the capital city of Liberia (Fig. 5).
Coal mining processing plant in Nigeria. This coal mining project is an open pit mine located in Nigeria, announced by mining company - Western Goldfields - that it has discovered 62,400,000 tonnes of proven reserves of coal deposits worth US$1.2 billion which …
Mar 11, 2020 Impact on the Energy and Mining Sectors in Africa. China appears to have been more interested than any other big economy in investing in the African mining sector. According to China Mining 2018, in 2011, China investors controlled only about 10 mining operations on the continent and this figure rose to at least 24 in 2018.
Jan 29, 2020 This article investigates factors that attract Chinese migrants into illegal small-scale mining in Ghana, their role in the supply chain, and the impact of their involvement. This is accomplished via mixed qualitative techniques involving interviews with illegal small-scale Chinese and Ghanaian miners, and relevant Ghanaian stakeholders.