The question arises as to how the mining sector, and the just energy transition, can work together in a South African context, in light of this global trend. South Africa is heavily reliant on coal resources, which generated 38 Gigawatts (GW) of the country's installed electricity capacity in 2019 – approximately 74%.
The sector has undergone dramatic restructuring in recent years, as the Polish Government moves towards the eventual privatisation of many state-owned mining companies. Many of these companies were, for decades, sheltered by the government's protectionist stance, so the effectiveness of their operations in the long run has been …
THE PRESENT STATUS OF THE MINING SECTOR There are 12 companies/societies operating in the mining sector: ¾coal : 2 national companies, CNLO Tg. Jiu and CNH Petrosani 1 national society, SNC Ploiesti 1 commercial society, S.C. Banat Anina ¾metals: 2 national companies, C.N. MINVEST S.A. Deva and C.N. REMIN Baia Mare
Mining companies are increasingly seeking alliances beyond traditional sector boundaries, as their view of the ecosystem broadens. These strategic moves are driven by the need to access capital; integrate new …
Albanian mining sector restructuring. M R E T S I N I GENC RULI. Albania Mining Sector Policy Report 6 A. MINING SECTOR REFORM AND PROSPECTS A.1 Introduction 1. The mineral industry of Albania served for more than fifty years as a foundation of industrial growth and economic linkages, building on an underlying resource ...
Post-apartheid neoliberal governance has meant more restructuring in the mining sector and increasing casualisation of labour, which fuel labour and community …
Following the high of 2011, with gold prices in excess of US$1900/oz, copper prices in excess of US$10,000/tonne and iron ore prices in excess of US$190/tonne, metal prices crashed and with those prices fell some of the junior mining companies that …
As part of the institutional and process restructuring, the GoSL is also currently carrying out a comprehensive and urgent review of the Mines and Minerals Act of 2009 (MMA 2009) and the National Minerals Agency Act of 2012. ... In effect this social responsibility by the mining sector is the only sustainable way of maintaining …
Following the high of 2011, with gold prices in excess of US$1900/oz, copper prices in excess of US$10,000/tonne and iron ore prices in excess of US$190/tonne, metal prices crashed and with those prices fell some of the junior mining companies that …
ERM analysis of more than 100 global critical minerals projects—mining primarily cobalt, copper, graphite, lithium, manganese, nickel, rare earths, lanthanides or …
Across the sector, companies continuing capital discipline is reaping rewards — average shareholder returns by the top 30 miners have increased by CAGR of 22% over 2019 to …
In its 20th edition, PwC's 2023 Mine: The era of reinvention, an annual review of the Top 40 mining companies globally, examined trends in the mining industry. …
Debt restructuring is an action that has often been used, especially in one of the largest industries in Indonesia, namely mining, to assist companies in resolving problems from their obligations.
In the article, we attempt to reconstruct some essential, in our view, sources and consequences of marginalising of women in the process of the restructuring mining …
Mining companies and shareholders have to face these challenges head-on or else be left behind in the high-pressure, scrutinized mining sector. Here are the current 6 key challenges that need to be addressed and mitigated by the mining industry: 1. Climate, Social and Environmental Pressures
Large-scale corporate restructuring made necessary by a financial crisis is one of the most daunting challenges faced by economic policymakers. The government is forced to take a leading role, even if indirectly, because of the need to prioritize policy goals, address market failures, reform the legal and tax systems, and deal with the resistance of powerful …
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 …
The absence of consistent access to efficient energy sources has far-reaching consequences for people's health, their finances, and the economy as a whole. Using the UNDP human development index as a yardstick, this article compares and contrasts the effects of polluting versus clean energy sources on economic …
The mining industry has weathered and survived many upheavals and this webinar seeks to unpick some of these issues and look to ways to preserve value …
7 ways the mining sector can prepare for the coming economic era; Seven trends shaping the future of the mining and metals industry; Every first-quarter, the big-four consulting firms publish their analyses of risks or issues facing the mining industry. All these reports are highly relevant, but questions remain as to how they can be used by ...
The actual alternative to a long-term operation support for unprofitable mines is the restructuring of the industry on the basis of market price signals and with the use …
¾the b.i.r.d. support for the restructuring process: 9development of procedures providing the tehnical and environmental approach of the mines closure process, initially appplied to the closure of the 29 mines within the project 9estimation of environmental damages in the mining sector 9development of the mine closure manual
This page contains large-scale restructuring events in the Mining / Quarrying sector. 427 such events have been identified in total. 2024 7 restructuring cases for the Mining / Quarrying sector Flag Date Description Tags; Poland: Polska Grupa Górnicza 30 July 2024 -435. Romania: Complexul Energetic Oltenia ...
NALOBA calls for there structuring of the mining sector: Martin Endjala The Namibia Local Business Association (NALOBA) is advocating for the restructuring of the mining sector to benefit all ...
Core Scientific is a prominent player in the United States' cryptocurrency mining sector. In 2023, the company mined over 13,700 Bitcoins through its self-mining operations and an additional ...
The report starts with an overview of reforms undertaken in the mining sector since 1990, and then offers analysis of the 2002 Mining Social Package, which led to a …
This guide considers some of the key issues and considerations around restructurings and insolvencies that are specific to the mining industry. The content of the guide is based on our experience on assignments in a number of jurisdictions.
1998 coal-mining restructuring Parliamentary Act; first successful restructuring program started 2003 seven coal companies merged into three 2009 first mine privatized . ... the Polish hard-coal-mining sector received aid through several policy instruments, the majority of which are common subsidy types: • debt forgiveness;
In the article, we attempt to reconstruct some essential, in our view, sources and consequences of marginalising of women in the process of the restructuring mining industry in Silesian Voivodship.
The investment of new capital in still-emerging areas in outer space technology and mining opportunities will of course be high risk, and this will likely see the proliferation of new start-up ventures, and a 'boom or bust' cycle in which some entities will inevitably become insolvent and will be prime candidates for restructuring.
From 2007 to 2014, the Polish coal mining sector was exposed to growing risk connected with changes in the prices on global resources markets (Grudziński, 2014, Grudziński, ... The restructuring of coal mining in Poland—the first stage was realized in 1993 as part of restructuring the financial capacity of the government. The program …
and the coal-mining sector has come to be seen as the most spectacular embodi ment of such a philosophy. To digress, coal mining is a highly specific industry marked by contrasts and extremes. Admittedly, miners toil hard in the pit, but at the same time collieries very often incur huge financial losses, which?when it comes to restructuring?
Licences and concessions. The value of any project company is underpinned by its rights to develop and exploit the mine. Licences and concessions or other contractual arrangements (such as production sharing contracts and joint operating agreements) in the resources sector typically contain change of control restrictions, provisions requiring the owner to …