— Challenges facing mining in Nigeria Regulatory and legal challenges : Mining in Nigeria has struggled with a complex regulatory framework and legal issues. Inconsistent policies, overlapping responsibilities between federal and state governments, and unclear land tenure systems have deterred investors and hindered the industry's …
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— VIDEO: Deloitte's fifth annual global mining report on pressing issues and practical solutions to problems. ... Top 10 trends facing the mining industry | February 1, 2013 ...
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— The required pace of transition means that the availability of certain raw materials will need to be scaled up within a relatively short time scale—and, in certain cases, at volumes ten times or more than the current market size—to prevent shortages and keep new-technology costs competitive (see sidebar "Rare-earth metals").
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— How important is AI to the mining industry. 66% of mining companies are using AI in 2022, up from 57% in 2021, according to the latest survey from Axora. of the 160 decision makers in the mining …
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— By: Carson EzellIn the mountains of Southern Peru, the Quellaveco Copper Mine—a 5 billion dollar investment by mining firm Anglo American—is set to become operational in 2022. Beyond that, there are relatively few new mining projects under development, especially related to copper. Nevertheless, the demand for minerals …
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— In this article, we will explore the top 10 safety risks for the mining industry and provide strategic insights on how to mitigate these effectively. 1. Chemical Hazards. Mining operations often involve exposure to hazardous chemicals, such as toxic substances and harmful gases.
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the top 10 risks facing the industry. Political uncertainty and economic instability are unlikely to ease in the short to medium term. The majority (54%) of surveyed companies agreed …
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— While the mining industry remains one of the world's largest industrial sectors, there are a number of concerns regarding its long-term viability. ... Yet the question remains as to how effectively these reforms can counter the existential threat facing mining, that minerals are a finite resource being drawn from the earth at an alarming rate ...
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— The World Economic Forum convened a group of senior leaders from the Mining and Metals industry communities to explore the major challenges that will shape the industry's ongoing transformation. This report compiles their views, which together provide a foundation for both industry and non-industry stakeholders to understand the dynamic …
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facilitated by the mining industry. It moves beyond polarized debates that pit CD in mining as either a front for public relations or a genuine attempt to facilitate development in order to build understanding and critical awareness of problems and possibilities of local-level CD practice. Publicly available information and prior work and ...
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-10-8-6-4-2 0 2 4 6 8 10 % 2020 2021 2022 (Forecast) Figure 1.0: Real GDP Growth Rate in Economic Blocs and Selected Countries Source: Constructed based on data from various sources (2022) 2.0: Domestic Economic Developments in 2021 In Ghana, the progressive easing of COVID-19 restrictions due to the relative availability of
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The industry is enjoying strong balance sheets and P&Ls but coming off almost ten years of underinvestment. Globally, capital expenditures in mining fell from approximately $260 billion in 2012 to $130 billion in 2020 (corresponding to 15 percent and 8 percent of industry revenues, respectively). This change in circums…
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— Tilman Speer examines the challenges facing the mining industry, and highlights the importance of efficient local support and repair services Equipment used in the mining industries is subject to extreme mechanical stresses: it has to operate in challenging climatic environments, yet has to work reliably with an operational lifespan …
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— South African mining is facing increased pressure to address its environmental impact and carbon footprint, with roughly ZAR 264 billion annually in mining sales at risk from trade partners' carbon-reduction commitments and reduced local demand.
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— The top 10 issues facing mining leaders right now February 22, 2022 Deloitte's analysts have released their top 10 key trends set to affect the mining industry and its licence to operate in the near term.
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— This commentary explores the workforce gap facing the mining industry and highlights additional sectors under threat from a decaying workforce. ... but the systemic issues facing the United States and its allies are indicative of a deeply rooted problem across Western societies and how disconnected the public and policymakers have …
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— Hatch's own Craig Thornton explains five challenges that modern mining needs to address today so we are ready with the people, processes, and technologies that can transform the mining industry for long term sustainable value, as almost every industry, business, and home—essentially, every one of us—owes our existence and lifestyle to …
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— We outline the 10 forces which will impact and shape the future of mining and how responsible businesses should approach the complex challenges ahead.
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— Mining Review reported that Nigeria's mining locales are not strangers to security threats, ranging from illegal mining to community conflicts and even armed banditry. These issues deter investments and generate an unstable business atmosphere. Additionally, the sector grapples with pressing environmental and social challenges.
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— The mining industry right now is dealing with two problems: a lack of capital, especially on the exploration side, and a dearth of personnel, as the old guard slips into retirement and not enough ...
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— Some of the Problems Facing the Exploitation of Minerals in Nigeria are: 1. Inadequate capital. In Nigeria, the necessary funds for the mining of mineral resources are always minimal, and not enough at all, …
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— The mining industry in South Africa is complex and extensively governed by legislation and controlled by regulation, yet still, there are several issues likely to raise challenges in 2020.. These include proposed amendments to the regulations published in terms of the Mineral and Petroleum Resources Development Act, 2002 (MPRDA) …
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Digging deep: Risks and opportunities in mining. 1 min read. The minerals and metals industry is a fundamental pillar of the global economy. The industry has played a pivotal …
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As of 30 June 2023, South Africa has approximately 68Moz of gold reserves declared as proven and probable from all operational mines. Approximately 84% of these declared reserves are concentrated in Gauteng, with the remaining declared reserves being in Mpumalanga, the Free State and North West.
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— The mining and metals industry is recovering from one of its most difficult periods in decades - and it now has to contend with a rapidly changing world. Here are seven factors that will determine which …
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Like other sectors of the economy, the African mining industry is facing several headwinds, but it remains resilient. Resource loss, environmental degradation, and social issues are major challenges in the mining industry. Here are some of the challenges faced by the mining sector in Africa and what we can look forward to in 2024.
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— The top risks identified through the survey were risks that most mining executives in South Africa and, in many parts of Africa, have been struggling with over the past couple of years, Erasmus notes. The top 10 risks include: 1. Access to energy and water 2. Increased unionisation and high wage demand 3. Commodity price risk 4.
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— Three cross-industry trends are converging to trigger far-reaching changes within the mining workforce. First, the nature of work itself is evolving, with an increasing focus on automation, algorithms, and a …
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— NEW YORK, NY, USA, 30 JANUARY 2024—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 companies and how the sector is navigating a complex matrix of challenges, opportunities, expectations, and demands.Each trend …
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— The year 2023 proved to be an exceptionally demanding period for the global mining industry, with South Africa facing multifaceted and far-reaching challenges. These challenges have pushed the sector into a state of crisis-mode management, which has become the norm in the management of South African mines.
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The mining industry is at an important juncture. Tracking the Trends 2021, an overview of mining trends that will shape the future of the sector, explores how leaders can take action to increase or rebuild trust after a year of uncertainty. ... Stay informed on the issues impacting your business with Deloitte's live webcast series. Gain ...
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More money, more problems Access and allocation of capital is often cited as one of the biggest issues facing the mining industry. Rocketing exploration and production costs have impacted profit margins and left investors reticent to engage with new projects, especially with smaller companies. These less established companies, who lack
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— An early effort in this regard was provided by Alistair MacDonald in his report Industry in Transition – A Profile of the North American Mining Industry (MacDonald 2002). Footnote 8 MacDonald, though limited to a North American focus, made several important advances. His work provides: 1. An organized and hierarchical classification of …
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