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The energy transition will force every sector of the economy to adapt, each with its own specific challenges. As the raw-materials supplier to the economy, the mining sector will need to grow at an unprecedented pace in order to enable the required technological shifts.
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Artisanal and small-scale mining (ASM) activities have been prevalent in many parts of the country, particularly in the rural areas, contributing significantly to the sector's output. Challenges facing mining in Nigeria. Regulatory and legal challenges: Mining in Nigeria has struggled with a complex regulatory framework and legal issues ...
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Mining is a key component of Ghana's national economy; the country is Africa's largest gold producer. The Covid-19 pandemic highlighted the mineral's prominent role, as gold is seen as a safe investment during uncertain times. While the mining sector faces challenges in terms of modernising practices, diversification efforts are forging ahead.
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A recent EY survey found 74% of mining and metals executives said integrating technology is a key challenge, compared with 37% for all sectors. More mining leaders are worried about cyber attacks that target intellectual property, a concern we expect to increase as investment in ESG initiatives ramps up.
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Mining in South Africa: the challenges and the opportunities 2 September 2016 18 • Non-gold mining sector can grow at 3-5% pa, resulting in more balanced country growth rate (double size of non-gold mining by 2028). • If mining had grown at same pace as rest of economy between 1994 and 2013, country's growth rate would have been 4% (not …
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Botswana's mining industry continues to be a global mining stalwart, especially diamond mining – Botswana is the world's leading producer of diamonds by value. The downside of this sector is that its performance is tied to global demand and was therefore hard hit during the COVID-19 pandemic.
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In 2017, drastic and sudden changes affected the mining sector in mainland Tanzania. The Parliament of Tanzania, in a bid to protect the country's natural resources and the employment opportunities for its citizens, passed a series of legislations in July 2017 aimed towards achieving these objectives.
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Botswana remains eligible for MIGA's credit enhancement product, which can support infrastructure development in the country. KNOWLEDGE ACTIVITIES. Country Private Sector Diagnostic (CPSD) assessed the opportunities for and constraints to supporting private sector-led growth, and highlighted three sectors: energy, water, and …
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The mining industry is a major sector of Canada's economy, contributing $107 billion to the national GDP and is responsible for 19 percent of Canada's total domestic exports. Canada's mining sector employs 692,000 people directly and indirectly across the country.
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The mining sector is critical to achieving the SDGs. While Africa is endowed with much mineral wealth potential for achieving SDGs by 2030, most of these countries are facing the problem of the "resource curse" together with other socioeconomic, environmental, and political challenges, such as civil war and extreme poverty.
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South Africa serves as a prime example of a country where the mining and natural resources sector has been stifled by these challenges, with no immediate resolution in sight. Furthermore, uncertainties surrounding the 2024 elections in South Africa add complexity to the mining and natural resources sector.
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South African mining companies are facing increased pressure to address their environmental impact. If a more strategic and holistic approach is taken, they can leverage the uncertainty of climate change to their advantage and improve their global competitiveness.
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This study investigates the export performance of SMEs in the Rwandan mining sector . Specifically, it ascertains if Rwandan mining SMEs set annual export targets; investigates the strategies that they follow to achieve these targets; assesses the extent to which set export targets have been achieved; finds out the barriers that affect …
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Challenges of Zambia's mining sector This section highlights some of the key challenges of Zambia's mining sector. (i) Mono-dependency on copper – The country has been heavily reliant on the copper mining sector. This has resulted in the under exploitation of other sub-mineral sectors to attain social-economic development.
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This report examines the Canadian mining industry through its connections to the broader Canadian economy, through its activities, through the people of mining, the environment, and through Canada's connections to the rest of the world. ... The sector is a major economic driver in our Canadian economy and a great contributor to jobs and ...
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Mining sector plays a vital role in economic development of many countries. In Namibia, mining has been the backbone of the economy since time-immemorial in view of having a positive impact on the economy measured through job creation and income generation, among others. Mining is
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The efforts made by government to address issues of environmental management and sustainable development expressed in national and international frameworks, as well as some of the environmental challenges in the mining sector are analyzed.
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