Academic literature on the topic 'Mineral economics - Africa'
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Journal articles on the topic "Mineral economics - Africa"
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Hekinian, R. "Mineral Economics of Africa." Ore Geology Reviews 5, no. 1-2 (December 1989): 147. http://dx.doi.org/10.1016/0169-1368(89)90004-8.
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Long, Keith R. "Mineral economics of Africa." International Journal of Mineral Processing 28, no. 1-2 (February 1990): 156–57. http://dx.doi.org/10.1016/0301-7516(90)90036-x.
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Berman, Nicolas, Mathieu Couttenier, Dominic Rohner, and Mathias Thoenig. "This Mine is Mine! How Minerals Fuel Conflicts in Africa." American Economic Review 107, no. 6 (June 1, 2017): 1564–610. http://dx.doi.org/10.1257/aer.20150774.
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We combine georeferenced data on mining extraction of 14 minerals with information on conflict events at spatial resolution of 0.5 o × 0.5 o for all of Africa between 1997 and 2010. Exploiting exogenous variations in world prices, we find a positive impact of mining on conflict at the local level. Quantitatively, our estimates suggest that the historical rise in mineral prices (commodity super-cycle) might explain up to one-fourth of the average level of violence across African countries over the period. We then document how a fighting group's control of a mining area contributes to escalation from local to global violence. Finally, we analyze the impact of corporate practices and transparency initiatives in the mining industry. (JEL C23, D74, L70, O13, Q34)
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Bokpin, Godfred Alufar, Lord Mensah, and Michael E. Asamoah. "Foreign direct investment and natural resources in Africa." Journal of Economic Studies 42, no. 4 (September 14, 2015): 608–21. http://dx.doi.org/10.1108/jes-01-2014-0023.
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Purpose – The purpose of this paper is to investigate the impact of natural resources on foreign direct investment (FDI) in Africa. Decomposing the measures of natural resource, in terms of contribution to GDP (oil rent (OR), mineral rent (MR) and forest rents (FRs)) and export drive (fuel exports (FE) and minerals export), with the objective of obtaining quantitative estimates of their relationship with FDI, we considered the effect of regional or trade blocks on the continent and control for trade openness, financial market development and infrastructure. Design/methodology/approach – Using annual panel data of 49 African countries over the period 1980-2011 and employing the system GMM estimation technique. Findings – The authors show that after allowing for effect of trade or regional block formation, natural resources in its composite form (ORs, MRs, forest rents (FRs), FEs and minerals export) influences FDI in Africa. Quantitatively, we demonstrate that though natural resources (compositely) influences FDI, the different measures of natural resource differ significantly in terms of their marginal contribution in attracting FDI to the continent especially to different trade blocks. The authors provide that in the presence of certain type of natural resources, trade openness or banking sector credit expansion or infrastructural development is less desirable whilst regional or trade blocks strongly moderate the effect of financial market development and infrastructural development on FDI flow on the continent. Originality/value – The authors employed a broad data set to provide evidence of the association between natural resources in its composite form and well as its various component and FDI to African after accounting for regional/trade blocks.
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Beydik, Oleksandr O., Sergii Yu Syrovets, Nataliia S. Koroma, and Mykola A. Molochko. "World mineral deposits in the table of periodic chemical elements." Journal of Geology, Geography and Geoecology 29, no. 4 (December 22, 2020): 637–46. http://dx.doi.org/10.15421/112057.
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The distribution of mineral deposits and the distribution of chemical elements on the globe are characterized by heterogeneity. A wide range of publications of domestic and foreign specialists - geologists, geographers, geochemists, economists - were dedicated to mineral resources of the world, mineral deposits. During processing the material the comparative-geographical, cartographic (analysis of minerals maps, mineral resources in the context of continents and regions of the world, cartographic interpretation of Mendeleev periodical table), monographic (analysis of fundamental works of leading domestic and foreign geologists and resource scientists, geologists and geologists, and geologists and geologists) directories, multi-volume editions devoted to geology and mineral resources of individual countries and regions of the world) methods, systematic approach, and GIS technologies - all these were used for received data processing and systematization. Explored mineral deposits (current and potential) form on the planet both individual local deposits and geochemical zones – areas where economically valuable chemical elements and their compounds are concentrated, which are diverse in genesis, stocks, and possibilities of exploitation. The largest of the latter is the Appalachians in the US - the Western Hemisphere, the Highveld in South Africa, Khibiny and the Ural Mountains inRussia - the Eastern Hemisphere. The leading countries in which most geochemical resources are extracted from the subsoil are the United States (65% of the total elements of Mendeleev periodical table), Russia (48%), China (38%), Canada (38%), South Africa (30%), Australia, (27%), Kazakhstan (19%), India (14%), Mexico (13%). The ideas about the level of provision of mineral resources and minerals in individual countries and territories of the world were systematized. The Mendeleev periodical table and its mineral and raw content were presented as an objective factor in the international geographical distribution of labor. The illuminated issues are confirmed high density of interdisciplinary links (geology, geography, chemistry, geochemistry, ecology, economics, regional studies, zoning).
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Beydik, O. "INDIGENOUS MINERAL DEPOSITS IN THE TABLE D. I. MENDELEEV: WORLD DIMENSION." Bulletin of Taras Shevchenko National University of Kyiv. Geography, no. 74 (2019): 13–17. http://dx.doi.org/10.17721/1728-2721.2019.74.3.
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Geography of mineral deposits and the distribution of chemical elements on the globe are characterized by heterogeneity. Mineral resources of the world, mineral deposits are devoted to a large array of publications of domestic and foreign specialists – geologists, geographers, geochemists, economists. During the mastering of the material, comparative-geographical, cartographic (analysis of maps of mineral resources, mineral resources in the context of continents and regions of the world), monographic (fundamental works of leading domestic and foreign geologists and resource scientists, geological and mineral reference books and dictionaries, multi-volume editions, devoted to the geology and mineral resources of individual countries and regions of the world) methods, systematic approach, in the processing and systematization of data used modern no computer technology. The explored deposits of mineral raw materials (actual and potential) form on the planet as separate local deposits, as well as geochemical zones – areas where concentrated economically valuable chemical elements and their compounds (minerals and rocks) are diverse in genesis (origin), stocks, exploitation possibilities. The largest of them are Appalachians in the USA – Western Hemisphere, High Velt in South Africa, Hibiny and Ural in Russia – Eastern Hemisphere. Leading countries in the territory where most of the geochemical raw materials are mined from the bowels are the USA (65 % of the total number of elements of the table), Russia (48 %), China (38 %), Canada (38 %), South Africa (30 %), Australia (27 %), Kazakhstan (19 %), India (14 %), Mexico (13 %). Systematized representations about the level of provision of mineral raw materials and minerals of individual countries and territories of the world. D. I. Mendeleev’s table and its mineral raw materials are presented as an objective factor of the international geographical division of labour. The given data reveal an adequate level of provision of countries and territories with mineral resources. The highlighted problem has confirmed the high density of interdisciplinary connections (geography, geology, geochemistry, economics, regionalisms). The given data can be implemented in the latest programs of reformed education in Ukraine.
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Van Der Vyver, Johan. "The Protection and Promotion of a People’s Right to Mineral Resources in Africa: International and Municipal Perspectives." Law and Development Review 11, no. 2 (June 26, 2018): 739–55. http://dx.doi.org/10.1515/ldr-2018-0036.
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Abstract Development programs in many African countries include the reallocation of land and the nationalization of mineral resources for the benefit of less privileged communities in those countries. Implementing these programs is, however, quite complicated. This paper pays special attention to the confiscation of the land of white farmers in Zimbabwe as part of a development program, and the rapid decline of the economy of that country in consequence of this program. It serves as a reminder that depriving landowners of their property rights is counterproductive and is therefore not a feasible development strategy. As far as the right to explore natural resources is concerned, the paper highlights the repeated resolutions of the United Nations proclaiming the “inalienable right of all states freely to dispose of their natural resources in accordance with their national interests” as an inherent aspect of sovereignty [e.g. G.A. Res. 626, 7 U.N. GAOR, Supp. (No. 20), at 18, U.N. Doc. A/2361 (1952).], with occasional reminders that developing countries were in need of encouragement “in the proper use and exploitation of their natural wealth and resources” [e.g. E.S.C. Res. 1737, 54 U.N. ESCOR, Supp., No. 1 (1973).]. These resolutions were adopted in the context of the decolonization policy of the United Nations and were mainly aimed at denouncing the exploitation of the mineral resources of African countries by colonial powers [G.A. Res. 2288, 22 U.N. GAOR, Supp. (No. 16), at 48, U.N. Doc. A/6716 (1967)., para 3]. The emphasis of international law relating to the natural resources over time also emphasized the right to self-determination of peoples. As early as 1958, the General Assembly, in a resolution through which the Commission on Permanent Sovereignty over Natural Resources was established, stated that the “permanent sovereignty over natural wealth and resources” of states is “a basic constituent of the right to self-determination” [G.A. Res. 1314, 13 U.N. GAOR, Supp. (No. 18), at 27, U.N. Doc. A/4090 (1958).]. The African Charter on Human and People’s Rights similarly provides “All peoples shall freely dispose of their wealth and natural resources. This right shall be exercised in the exclusive interest of the people. In no case shall a people be deprived of it” [Art 21(1)]. This provision featured prominently in several judgments of courts of law, such as the one of the South African Constitutional Court in the case of Bengwenyama Minerals (Pty) Ltd & Others v Gemorah Resources (Pty) Ltd & Others [2011] (3) BCLR 229 (CC) (3) BCLR 229 (CC) and of the African Court of Human and People’s Rights in the case of Social and Economic Rights Action Centre (SERAC) v Nigeria (2001) AHRLR 60 (ACHPR 2001), Communication 155/96, 15th Annual Report. AHRLR 60 (Social and Economic Rights Action Centre (SERAC) v Nigeria (2001) AHRLR 60 (ACHPR 2001), Communication 155/96, 15th Annual Report.) Communication 155/96. In view of these directives of international law, the paper will critically analyze the South African Mineral and Petroleum Resources Development Act 28 of 2002, which deprived landowners of the ownership of unexplored minerals and petroleum products and proclaimed mineral and petroleum resources to be “the common heritage of all the people of South Africa” with the state as the custodian thereof.
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Ikpe, Eka. "The Enduring Relevance of the Developmental State Paradigm Across Space and Time: Lessons for Africa on Structural Transformation and Agriculture in Oil-Rich Contexts." Journal of Asian and African Studies 53, no. 5 (August 3, 2017): 764–81. http://dx.doi.org/10.1177/0021909617722375.
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Emerging economies have recently faced commodity price declines that reinforce the instability of natural resources as a basis for socio-economic transformation. This has re-energised arguments for industrialisation as necessary for such transitions. Drawing upon classical development economics theory, this paper offers a deployment of an enhanced developmental state paradigm (DSP) that highlights the roles of agriculture and mineral resources in the pursuit of industrial progress. This application of the DSP has its basis in narratives on Asian developmental states, with a focus on mineral resource endowment. Employed with reference to Africa’s key emerging economy and net petroleum exporter, Nigeria, the DSP shows how the state, influenced by significant milieus, has enabled linkages between oil and agriculture that can drive industrial transformation. The paper finds that linkages between oil and agriculture are well established; however, economic, social and political influences on the state have engendered agriculture’s limited onward contribution to structural change.
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Mainardi, Stefano. "Geological occurrence and economic feasibility in closing decisions by gold mines." South African Journal of Economic and Management Sciences 2, no. 2 (June 30, 1999): 240–57. http://dx.doi.org/10.4102/sajems.v2i2.2576.
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With successful exploration of deposits often lagging behind mineral extraction, and the international price of gold showing no signs of recovery, mining companies are under pressure to reassess their strategies. The decision whether or not to close a mining activity is the outcome of a process of adapting expectations to a changing economic and geological environment. Part of the literature emphasizes the role of the mineral price and operating costs. However, the extent, pace and intertemporal allocation of metal recovery is in practice determined by a complex interaction of both these with other factors. Following a review of theoretical interpretations, and a reformulation of associated hypotheses, binary-response models are applied to a sample of gold mines in mainly three major southern hemisphere producers (Australia, South Africa and Chile).
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Laporte, Bertrand, and Céline de Quatrebarbes. "What do we know about the sharing of mineral resource rent in Africa?" Resources Policy 46 (December 2015): 239–49. http://dx.doi.org/10.1016/j.resourpol.2015.10.005.
Full textDissertations / Theses on the topic "Mineral economics - Africa"
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Rustomjee, Zavareh Zal Rustom. "The political economy of South African industrialisation : the role of the minerals-energy complex." Thesis, SOAS, University of London, 1993. http://eprints.soas.ac.uk/29566/.
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This thesis provides an original interpretation of the trajectory of South Africa's post-war industrialisation by emphasising the role played by the economy's Minerals-Energy Complex (MEC). The MEC is viewed as a system of accumulation, encompassing a number of core economic sectors and imparting a determining influence on the pattern of industrialisation and economic performance. The development of the MEC has been mediated by relationships between English and Afrikaner fractions of capital through the state, giving rise to a conglomerate form of private and public corporate structure, straddling the mining, manufacturing and financial sectors. By examining the MEC empirically, through primary and secondary material from the inter-war period to the present day, it is shown that past debates over the rhythm of industrialisation have been based, both on a false perception of the pattern of (import-substituting) industrialisation'and on a partial and even false recognition of how industrial policy has been adopted and implemented. Contrary to conventional wisdom, there was capability in capital goods and other industries in and around the MEC but their potential scope has not been exploited through coherent industrial policy. In the 1950s, efforts at diversification were hampered by the objective of creating large-scale Afrikaner capital. Foreign disinvestment after 1961 opened new opportunities for domestic investment, while the disjuncture between large-scale English and Afrikaner capital narrowed as the former assisted the latter to enter gold mining and as further interpenetration between the two occurred. Policies of strengthening the MEC followed the gold and energy price rise in the 1970s, while the crisis of the 1980s precluded policies of industrial diversification from being implemented. Consequently, the industrial structure and institutional impetus that represent the MEC continue to guide South Africa's industrial trajectory into the 1990s.
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Smith, Trevor Allen. "Minerals policy and taxation in the new South Africa : an analysis of proposed ANC policy." Master's thesis, University of Cape Town, 1995. http://hdl.handle.net/11427/15978.
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Bibliography: pages 82-86.[The aim of this paper] is to analyse and discuss the proposed ANC minerals policy, with particular reference to taxation. This is the subject of chapter four of this paper. Chapters two and three will lay the foundation upon which the analysis and discussion will be based, specifically, chapter two will review the theory of resource extraction, exploration and taxation, and describe a few of the important results in this field of study, while chapter three will describe some real world experiences with mineral tax systems.
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Kola, Trevor Tebogo. "Mineral Beneficiation : a continuing African paradox or a panacea for economic growth and skills development." Diss., University of Pretoria, 2019. http://hdl.handle.net/2263/71589.
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Africa is rich with plentiful mineral resources, yet it is a continent associated with underdevelopment, low economic growth and unskilled labour. Arguments abound that if developing countries added more value to their commodities locally, rather than exporting them to other countries in a raw and unprocessed format, their key economic indicators, such as employment and economic growth, would be enhanced. This study explored debates by scholars and policymakers, who either support or are against the position that mineral beneficiation is a panacea to Africa’s economic challenges. The study explored arguments by scholars and policymakers as to why African countries fail to pursue mineral beneficiation which has subsequently relegated their economies to the bottom end of economic development. The research explored how International Relations (IR) scholars in the past tried to define development. These debates on development were explored using the theoretical frameworks of modernisation and dependency. The study found that these debates, have highlighted the important role which mineral resources play in international relations. Diplomacy and foreign policy were found to be key aspects in the debates on mineral beneficiation in the continent.
The study employed a qualitative research approach to explore arguments by scholars and policymakers on whether the continent should beneficiate its mineral resources. Data was collected, analysed and categorised. The findings of the research were discussed based on the themes which emerged from the literature reviewed.
The study focused on whether by beneficiating minerals locally, the continent could realise sustainable economic growth for its citizens. The study explored whether debates by scholars, mining industry and government policymakers could dispel or support the argument that mineral beneficiation is a panacea for sustainable economic growth and skills development in the continent. The study found that debates on whether African governments should beneficiate their abundant mineral resources will continue to evolve and develop.
Key words: mineral resources; underdevelopment; economic growth; mineral beneficiation; comparative advantage; skills development; employment creation, diplomacy, resource diplomacy, upstream and downstream linkages.Mini Dissertation (MA)--University of Pretoria, 2019.
University of Pretoria
Political Sciences
MA
Unrestricted
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Mutahi, Kiama. "The United States, the Congo, and the mineral crisis of 1960-64:A triple entente of economic interest." Miami University / OhioLINK, 2013. http://rave.ohiolink.edu/etdc/view?acc_num=miami1376054002.
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Xongo, Nosipho. "The impact of mining on infrastructure development and poverty reduction in mining communities." Thesis, Nelson Mandela Metropolitan University, 2013. http://hdl.handle.net/10948/d1018576.
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There is a growing concern from government, communities, civil society and mining companies on the sustained development of the impact of mining on communities and the benefits of mineral development. Communities are more vocal in expressing their expectations for benefits and on the other hand mines are concerned about profits and maintaining a social licence to operate. This study critically evaluates the impact mining has on socio-economic development in mining communities. The focus area of the study is the West Rand District Municipality in Gauteng Province, South Africa. The ‘impact’ refers to the mine’s contribution to infrastructure development and poverty reduction projects in areas where the mine is operating and sourcing labour from. Forecasts for better performance in the future will be assessed. Issues such as community consultation, identification of projects, development forums, the Integrated Development Plan (IDP) and partnerships are addressed. The literature was reviewed from existing national and international research on the topic. The study starts from two assumptions. The first is that minerals are potentially a great resource of wealth for poor countries. The second assumption is that minerals have the potential to benefit the local population through the creation of indirect employment, skills transfer, enhancing the capacity of health and education services, improved infrastructure and small and medium business opportunities. Poverty levels are viewed on a national and international scale. The study reveals problems, with existing approaches, on mine community development. It concludes that the impact of mining on infrastructure development and poverty reduction projects can be huge, but only if a variety of demanding preconditions are met. The study concludes that the reality of mineral led development in mine communities has not lived up to a roaring promise.
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Moussi, Sopp Louis Romain. "El Serafy User costs and their implications for macroeconomic policy in Africa's mineral rich economies." Master's thesis, University of Cape Town, 2018. http://hdl.handle.net/11427/29720.
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Many of Africa’s economies are mineral based. Their sustainability and their macroeconomic vulnerability to market fluctuations are accordingly matters of direct concern. This thesis asks how much of the proceeds of mining in such countries can be safely spent each year. Using El Serafy’s approach to the ‘proper’ definition of National Income, it recomputes Net Domestic Product in 11 mineral-based African economies and tests for their macroeconomic sustainability. The study finds a disturbingly poor level of sustainability in several of them; with aggregate expenditures in excess of the levels posited under efficient resource rent management given the El Serafy User cost approach. The study estimates the budget deficit and national debt as a proportion of net national product adjusted for mineral resource depletion in each country and evaluates the outcome by comparison with standard ‘rules of thumb’ concerning ‘acceptable’ fiscal deficits and national debt levels. The outcome reveals that using GDP as an anchor as opposed to an ‘appropriate’ measure that adjust for mineral resource depletion by policy-makers may lead to the implementation of sub-optimal economic policies which are detrimental for sustainable income growth and development. The findings from the study therefore highlight the need for more efficient resource management as well as the development of a ’properly defined‘ national income which corrects for resource depletion to inform sustainable fiscal policy.
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Erasmus, Lourens J. "A model for evaluating risk in Africa : a mining perspective." Thesis, Stellenbosch : Stellenbosch University, 2008. http://hdl.handle.net/10019.1/5733.
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Thesis (MBA (Business Management))--Stellenbosch University, 2008.AFRIKAANSE OPSOMMING: Suksesvolle eksplorasieprojekte en die daaropvolgende mynboubedrywighede kan as die stimulus dien vir ekonomiese groei in Suider Afrika deur middel van werkskepping, beter lewensomstandighede, en uiteindelik ekonomiese en polilieke stabilileit. Mynbou het die vermoe om dit te bewerkstellig. Die doel is om uiteindelik 'n langtermyn, veilige, vredevolle en vooruitstrewende oplossing vir die streek te vind, wat volgehoue groei gebaseer op 'n ekonomiese opbloei veroorsaak deur die implementering van suksesvolle mynbouprojekte en vooruitstrrewendheid tot gevolg het. Om dit reg te kry, is 'n deeglike en volledige studie betreffende alle moontlike risiko's, polities, ekonomies en sosiaal, wat sulke bedrywighede kan beinvloed, noodsaaklik. Ongelukkig ly die streek aan 'n gebrek aan buitelandse vaste investering as gevolg van burokrasie, politieke onstabiliteit en 'n onsekere veiligheidsituasie. Die hoof doel van hierdie studie is om 'n model daar te stel wat gebruik kan word om 'n voorlopige ontleding van 'n land se risikofaklore aangaande die algemene besigheids- en beleggingsklimaat te doen, soos gesien uit die oogpunt van beleggers in eksplorasie en mynbouprojekte. Angola en Zimbabwe, waar mynbou 'n groot rol kan speel, is geidentifiseer op die basis van die kwalitiet van hul mineraalafsettings en mynboupotensiaal. Deur gebruik te maak van die model wat in hierdie studie ontwikkel is waar gradering berus op 'Politieke', 'Finansiele', 'Sosiale Risiko', asook 'Eienaarsrisiko' onderskeidelik, gradeer Angola as 'n CBCB land met 'n matig stabiele omgewing om eksplorasie en mynbouprojekte van stapel te stuur. Dit is 'n land met uitgebreide minerale moontlikhede en alhoewel die infrastruktuur op hierdie stadium te kort skiet, het die land drie groot hawens. Geen groot bedreigings of destabiliserende faktore bestaan op die kort- tot medium termyn nie. Dit het die vermoe om tot 'n BBCB status oor die medium- tot lang termyn te beweeg. Zimbabwe verwerf 'n gradering van DDC+C, wat dui op 'n hoogs riskante omgewing om eksplorasie en mynbouprojekle van stapel te stuur. Niemand is seker wat die huidige verkiesing en die toekomstige politieke bedeling sal voortbring nie. Die huidige situasie kan amper net verbeter vir die land en sy mense met die moontlikheid van 'n regering van nasionale eenheid. Alhoewel die land dalk nog nie sy onderste draaipunt bereik het nie, kan 'n gradering van CC+C+C+ 'n moontlikheid oor die medium termyn wees, en selfs beter op die langtermyn. In 'n land met enorme minerale moontlikhede het die tyd aangebreek om te begin soek na geskikte gebiede vir eksplorasie doeleindes. Zimbabwe het die potensiaal om weer Afrika se kosmandjie te word met ondersteuning van die mynboukant. 'n Regverdige demokratiesverkose regering en baie harde werk, toewyding en deursettingsvermoe is nodig om uiteidelik te seevier. Laastens, die belangrikste deel van die risikobepaling van 'n land kom in die vorm van politieke risiko, en meer spesifiek, "leiersrisiko". Ongelukkig is die grootste struikelblok in langtermyn-vooruitskatting die feit dat die status quo vir die volgende dekade geldig kan bly, of amper oornag omvergegooi kan word. Dit kan weer lei tot 'n kettingreaksie reg deur al die sfere van die politieke en sosioekonomiese orde, binne en soms selfs buite die land in die vorm van binnelandse oproerigheid en buitelandse sanksies of ondersteuning. 'n Gevoel van dringendheid om te verander tot voordeel van almal, moet egter nog posvat. Die son wag nie vir Afrika nie.
ENGLISH ABSTRACT: Successful exploration projects and subsequent mining ventures can provide the stimulus for economic growth in Southern Africa through job creation, improved living conditions, and eventually economic and political stability. The aim is to ultimately ensure a long- term, safe, peaceful and prosperous solution for the region consisting of continuous growth and prosperity based upon an economic kickoff sparked by the implementation of successful mining projects. To achieve this, a thorough and comprehensive study of all possible risks, political, economic and social affecting such ventures is of the utmost importance. Unfortunately, the region suffers from a lack of foreign direct investment to make this happen largely as a result of bureaucracy, political instability and an uncertain security situation. The main aim of this study is to create a model for an initial risk analysis by analysing a country's risk factors relevant to the overall business and investment climate as perceived by investors in exploration and mining projects. Two countries, Angola and Zimbabwe, where mining can play a large role have been identified based on the quality of their mineral deposits and mining potential. Using the model developed in this research study where grading is based on 'Political', 'Financial (Transfer)', 'Social', and 'Ownership Risk' respectively, Angola rates a CBCB country with a moderately stable environment in which to launch exploration and mining ventures. It is a country with a vast mineral potential and although the support infrastructure is lacking at this stage, have three major ports. No major threats or destabilising factors exist in the near to medium terms. It has the ability to change to a BBCB status over the medium to long term. Zimbabwe receives a rating of DDC+C with a highly risky environment to launch exploration and mining ventures. No one is sure what the last election and the future political framework will bring. The current status can almost only improve for the country and its people with the possibility of a government of national unity. Although the country might not have reached the bottom turning point yet, a CC+C+C+ rating could be a possibility over the medium term and even better over the long term. In a country with enormous mineral potential, it is time to start scouting for promising regions for exploration purposes. Zimbabwe has the potential to again become the bread basket of Africa with backup from the mining industry. A proper democratically elected government and much hard work, commitment and dedication are necessary to be successful eventually. Finally, the most important/crucial part of measuring the risk associated with a country comes in the form of political risk and more precisely, sovereign risk. Unfortunately, and this is the main stumbling block in long-term forecasting, the status quo can continue for the next decade, or be turned upside down almost overnight. This in turn can lead to a chain reaction throughout all spheres of the political and socioeconomic standing, inside and outside the country in the form of domestic upheaval and foreign sanctions or support. A sense of urgency to change for the better still has to emerge though. The sun doesn't wait for Africa.
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Morojele, Relebohile Nthati. "Determining the attitudes/perceptions of retrenched Lesotho migrant labourers from the RSA mining industries regarding education using their career life histories." Thesis, Stellenbosch : Stellenbosch University, 2004. http://hdl.handle.net/10019.1/49907.
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Thesis (MPhil)--Stellenbosch University, 2004.ENGLISH ABSTRACT: The level of unemployment in Lesotho has reached an alarming rate and this situation is compounded by massive mine retrenchments (Central Bank of Lesotho, 2001: 22). Given this background, it is imperative to gain a deeper understanding of the career life histories of retrenched Basotho migrant labourers in order to explain their perceptions/attitudes regarding education. In-depth individual interviews with 26 retrenched mineworkers were conducted for collecting data and a grounded theory approach was followed in analysing the data. The life histories of the men were critically investigated, from the time before they were employed in the mines, to the stage when they were working in the mining industries. The enquiry continued to a stage when they were retrenched from the mines. Their lives after retrenchment were looked at to establish whether they had acquired skills whilst they were employed in the mines. The objective was to determine whether the skills acquired were useful to them after retrenchment and if they could secure them employment in other sectors of the economy besides the mines. The study revealed that most of the migrant labourers had not acquired other skills besides those that were offered in the mines. As a result, all of the men were unemployed becausethey lacked skills that were relevant to the economy of Lesotho. Retrenched migrant labourers reported that education was important, especially for their children. For them, they indicated that they could pursue education if they would be employed in the mines again of it is offered where they would be employed, on the job training. The question is whether these men will secure employment in other sectors in Lesotho given that they lack relevant skills. It is advisable, therefore, for the government of Lesotho to facilitate career guidance in the country to encourage these men to acquire marketable skills and to promote employment creation.
AFRIKAANSE OPSOMMING: Die werkloosheidsyfer in Lesotho het 'n ontstellende vlak bereik en hierdie situasie word vererger deur massiewe afdankings by die myne (Central Bank of Lesotho, 2001: 22). Dit is dus noodsaaklik, gegee hierdie agtergrond dat 'n beter begrip van die beroepsgeskiedenisse van afgedankte Basotho trekarbeiders omskryf word om hulle persepsies/houdings jeens opvoeding vas te stel. Daar is individuele in-diepte onderhoude gevoer met 26 afgedankte mynwerkers om data in te samel en 'n gegronde teorie aanslag is gevolg in die analise van die data. Die lewensgeskiedenisse van die mans is krities ondersoek, vanaf die tydperk wat hulle in diens geneem is in die myne tot hulle indiensneming in die mynindustrieë. Die ondersoek sluit ook die afdankings periode in. Hulle lewens na afdanking is ook ondersoek om vas te stelof hulle vaardighede tydens hulle diens in die myne aangeleer het. Die doelstelling hiermee was om vas te stelof die aangeleerde vaardighede indiensname in ander sektore kon verseker na hulle afgedank is. Die studie toon dat die meeste trekarbeiders nie enige ander vaardighede aangeleer het as wat hulle in die myne gebruik het nie. Dit het daartoe gelei dat hulle nie geskik is vir werk in ander sektore aangesien hulle nie oor relevante vaardighede beskik nie. Afgedankte trekarbeiders het aangedui dat opvoeding belangrik is, veral vir hulle kinders. Hulle het wel aangedui dat hulle verdere opleiding sou wou ontvang indien hulle weer in diens geneem word of as deel van in-diens opleiding. Die kwessie is egter of hierdie mans in ander sektore in diens geneem sal word aangesien hulle nie oor die nodige vaardighede beskik nie. Dit word dus aanbeveel dat die Lesotho regering beroepsleiding te fasiliteer om hierdie mans aan te moedig om bemarkbare vaardighede te kry as ook om werkverskaffing aan te moedig.
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Ramushu, Mahlatse Rosinah. "The socio-economic impact of Modikwa Platinum Mine on the Maandagshoek Community with reference to the applicable mining law framework." Thesis, University of Limpopo (Turfloop Campus), 2009. http://hdl.handle.net/10386/406.
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Maro, Mkasafari Grace. "Economic impact of international labour migration on Lesotho's development, 1986-1998: towards an international labour migration policy for the Southern African region." Thesis, Rhodes University, 2002. http://hdl.handle.net/10962/d1007496.
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The aim of the thesis is to identify the pressures that contributed to the rise in international labour migration in Lesotho, and to investigate how these pressures are impacting upon the modernization process in the country, particularly at a time when employment opportunities are scarce in the southern African region. International labour migration has been used as a development tool throughout history, but especially in the 20th century by developing countries with dual labour markets. Newly independent developing countries with dual labour markets adapted the strategy of import substitution industrialization (lSI), with an emphasis on protecting infant industries and promoting pro-labour policies. In the post-colonial period the international demand for lowskilled workers rose, particularly in the North (developed countries), and in mineral rich countries including the oil exporters and South Africa, and the newly industrialising countries in East Asia. International labour migration to these countries was adapted as an integral development tool by the governments of the lSI countries. Most migrants were low-skilled and temporary workers in the destination countries. Although no multilateral institutional framework existed, usually both the sending and receiving countries adapted unilateral and bilateral migration policies to guarantee the gains from migration. Workers were thus "protected" to varying degrees under such agreements. From the 1970s, the North experienced a slowdown in the growth in demand for unskilled workers. In the 1980s, many lSI countries experienced devastating economic crises that forced them to abandon the lSI policy and adapt the export-led industrialisation (EOI) policy with an emphasis on trade liberalization. The switch from lSI to EOI in developing countries with dual labour markets led to the downsizing of public sector employment, the removal of marketing boards formally used by small-scale agricultural farmers, and the expansion of export processing zones (EPZs). These outcomes resulted in a rise in push internal migration, and international migration from these countries especially to other developing countries. At the same time, since the late 1980s, capital has acquired greatly enhanced mobility at the global level. The adaptation of EOI and the full mobility of capital at the global level altered the institutional structure within which labour migration was governed both nationally, and internationally. At the national level stricter unilateral policies were reinforced by receiving countries for low-skilled labour, while less strict policies applied for skilled labour. These remain in operation in conjunction with the earlier bilateral agreements. At the international level, there remains a lack of policy to regulate international labour migration. Under the current enhanced mobility of capital, international migrants are thus left vulnerable. Lesotho fits this pattern. Faced with a dual economy and an abundance of semi-skilled labour, Lesotho has been a principal supplier of labour to the South Africa's mining industry since its independence. Lesotho's industrial diversification thus mirrors South Africa's industrial diversification. In the lSI phase (1968 - 1987), international labour migration became the most important tool of economic welfare generation in Lesotho. Bilateral agreements were signed in the early 1970s between Lesotho and South Africa to guarantee the gains from migration. Since the late I980s, the mining industry in South Africa began to downsize production and employment. Fewer novice miners from Lesotho were recruited to work in South Africa. The adaptation of the EOI policy in Lesotho in 1987 introduced EPZ industrialization and trade liberalization. Nevertheless, the retrenchment of mine workers from South Africa is occurring at a time when Lesotho is experiencing an employment crisis. The political independence of South Africa in 1994 was accompanied by stricter international migration policies by the new democratic government of South Africa. Most migrant workers in South Africa are thus now faced with a two-door policy (of the earlier bilateral agreements and the amendments to the Aliens Control Act). This system has left migrant workers vulnerable to exploitation by both employers and the law (police) in South Africa. Nevertheless, international migration from Lesotho to South Africa continues to expand, particularly of the new type of migration - semiskilled female workers in the services sector. At the same time, South Africa is also experiencing an employment crisis. The most important policy implications are, firstly, that migration is subject to the same "casualisation" as other work, with the effects made worse by the "statelessness" of migrants, who are most vulnerable to exploitation. Secondly, multilateralism is needed (e.g., SADC) and holistic, multilateral policies are required. It is clear that under the new global division of labour ad hoc policy towards international labour migration is ineffective.
Books on the topic "Mineral economics - Africa"
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Natural resources and local livelihoods in the Great Lakes region in Africa: A political economy perspective. Houndmills, Basingstoke, Hampshire: Palgrave Macmillan, 2011.
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Schreuder, C. P. An index of international competitiveness for South Africa's mineral industry. Braamfontein: Minerals Bureau, 1990.
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Fine, Ben. The political economy of South Africa: From minerals-energy complex to industrialisation. Boulder, CO: Westview Press, 1996.
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Fine, Ben. The political economy of South Africa: From minerals-energy complex to industrialisation. London: Hurst & Company, 1996.
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Bank, World, ed. The power of the mine: A transformative opportunity for Sub-Saharan Africa. Washington, DC: World Bank Group, 2015.
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Digging deep: A history of mining in South Africa, 1852-2002. Johannesburg: Jonathan Ball Publishers, 2013.
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H, Trauth Martin, ed. Geological atlas of Africa: With notes on stratigraphy, tectonics, economic geology, geohazards and geosites of each country. 2nd ed. Berlin: Springer, 2008.
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The developmental challenges of mining and oil: Lessons from Africa and Latin America. New York: algrave Macmillan, 2012.
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Stemmet, Farouk. The golden contradiction: A Marxist theory of gold : with particular reference to South Africa. Aldershot, Hants, England: Avebury, 1996.
Find full textBook chapters on the topic "Mineral economics - Africa"
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Wright, J. B. "Economic potential of the younger sedimentary basins." In Geology and Mineral Resources of West Africa, 114–20. Dordrecht: Springer Netherlands, 1985. http://dx.doi.org/10.1007/978-94-015-3932-6_12.
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Opoku, Darko. "Small-Scale Ghanaian Miners and the Textiles and Garment Industry in the Age of Chinese Economic Onslaught." In Challenges to African Entrepreneurship in the 21st Century, 147–78. Cham: Springer International Publishing, 2017. http://dx.doi.org/10.1007/978-3-319-61000-9_6.
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Bańczyk, Wojciech. "Economic and Social Development in the Republic of South Africa’s New Model of Mineral Rights: Balancing Private Ownership, Community Rights, and Sovereignty." In Kobe University Monograph Series in Social Science Research, 209–26. Singapore: Springer Singapore, 2019. http://dx.doi.org/10.1007/978-981-13-9423-2_12.
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Gudyanga, Francis P. "Mineral economics." In Minerals in Africa, 179–205. CRC Press, 2020. http://dx.doi.org/10.1201/9780367817404-15.
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"South Africa’s minerals-energy complex." In Ecological Economics from the Ground Up, 185–210. Routledge, 2013. http://dx.doi.org/10.4324/9780203076989-17.
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"Exporting the gold: the vital role of the mineral revolution." In An Economic History of South Africa, 90–112. Cambridge University Press, 2005. http://dx.doi.org/10.1017/cbo9781139165457.007.
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Hailu, Degol, and Chinpihoi Kipgen. "Diversification as a panacea for commodity price volatility in sub-Saharan Africa." In Handbook of BRICS and Emerging Economies, 340–50. Oxford University Press, 2020. http://dx.doi.org/10.1093/oso/9780198827535.003.0011.
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The prices of hydrocarbons and minerals are subject to severe fluctuations. As a result, commodity dependent countries in sub-Saharan Africa face serious fiscal and balance-of-payment deficits. In the short run, countries respond by changing output levels, withdrawing from sovereign wealth funds, drawing-down reserves, reducing public expenditure, scaling up domestic resource mobilization, and seeking external borrowing. However, all these options have serious drawbacks. In the long run, diversification of sources for tax and foreign exchange is the only viable solution. For instance, in commodity dependent countries, the manufacturing sector contributes 7 per cent of GDP, compared to 13 per cent in other resource dependent economies in Latin America, the Caribbean, and Asia. The current price shock presents yet another opportunity to embark on economic diversification strategies.
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Page, John. "Rowing against the Current." In Mining for Change, 74–94. Oxford University Press, 2020. http://dx.doi.org/10.1093/oso/9780198851172.003.0004.
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It is likely that Africa holds almost a third of the world’s reserves of minerals, oil, and gas. The exploitation of natural resources is a huge opportunity, but it also carries considerable risks. The exploitation of natural resources is a huge opportunity, but one that carries considerable risks. Relative prices in resource-exporting economies tend to push them towards economic structures dominated by the resource sector. This chapter explores ways to achieve diversification in a resource-rich economy. It describes the relative price changes that accompany a resource boom and suggests policies and public investments to mitigate their impact. It explores some of the issues that influence the participation of local firms in the resource value chain and argues for broadening the options for diversification, through the development of ‘industries without smokestacks’ and investments in knowledge.
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Dhami, Jasdeep Kaur, and Manbir Singh. "Indian Ocean Rim Association." In Regional Trade and Development Strategies in the Era of Globalization, 169–94. IGI Global, 2020. http://dx.doi.org/10.4018/978-1-7998-1730-7.ch009.
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The Indian Ocean Rim Association (IORA) is a regional forum that focuses on bringing together representatives of government, business, and academia, for promotion purposes. It depends on the principles of open regionalism for strengthening trade facilitation and investment, promotion, and social development of the region. Social, cultural, political, geographical, and economic linkages exist between 22 member nations. The main objective of this chapter is analyzing India's trade potential with IORA member nations. The main outcome of this chapter is that India should concentrate on ammonium dihydrogen orthophosphate for Australia, gold and semi-manufactured for Singapore, mineral or chemical fertilizers for Thailand, tankers for Malaysia, warp knit fabrics of synthetic fibers for Indonesia, ammonium dihydrogen orthophosphate for South Africa, palm oil and fractions for Sri Lanka, Bangladesh, Mozambique, Tanzania, the United Republic of Yemen, crude palm oil for Kenya, bigeye tunas, frozen for Mauritius, and carded yarn of fine animal hair for Madagascar.
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Mitchell, Peter. "New Worlds for the Donkey." In The Donkey in Human History. Oxford University Press, 2018. http://dx.doi.org/10.1093/oso/9780198749233.003.0013.
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One of the signature historical phenomena of the past 500 years has been the global expansion of European societies and their trans-Atlantic offshoots. The mercantile networks, commercial systems, and empires of conquest and colonization that formed the political and economic framework of that expansion involved the discovery and extraction of new mineral and agricultural resources, the establishment of new infrastructures of transport and communication, and the forcible relocation of millions of people. Another key component was the Columbian Exchange, the multiple transfers of people, animals, plants, and microbes that began even before Columbus, gathered pace after 1492, and were further fuelled as European settlement advanced into Africa, Australasia, and the Indian and Pacific Oceans. Donkeys evolved in the Old World and were confined there until the Columbian Exchange was underway. This chapter explores the introduction of the donkey and the mule to the Americas and, more briefly, to southern Africa and Australia. In keeping with my emphasis on seeking archaeological evidence with which to illuminate the donkey’s story, I omit other aspects of its expansion, such as the trade in animals to French plantations on the Indian Ocean islands of Réunion and Mauritius or, on a much greater scale, India to meet the demands of the British Raj. These examples nevertheless reinforce the argument that mules and donkeys were instrumental in creating and maintaining the structures of economic and political power that Europeans and Euro- Americans wielded in many parts of the globe. From Brazil to the United States, Mexico to Bolivia, Australia to South Africa, they helped directly in processing precious metals and were pivotal in moving gold and silver from mines to centres of consumption. At the same time, they aided the colonization of vast new interiors devoid of navigable rivers, maintained communications over terrain too rugged for wheeled vehicles to pose serious competition, and powered new forms of farming. Their contributions to agriculture and transport were well received by many of the societies that Europeans conquered and their mestizo descendants. However, they also provided opportunities for other Native communities to maintain a degree of independence and identity at and beyond the margins of the European-dominated world.
Conference papers on the topic "Mineral economics - Africa"
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Umarov, Khodjamahmad. "National Interests and Eurasian Economic Integration." In International Conference on Eurasian Economies. Eurasian Economists Association, 2014. http://dx.doi.org/10.36880/c05.01167.
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Integration processes, both on global and on regional levels faced serious barriers. Research of these barriers shows that they are connected with irreversible nature of integration processes. The last 30 years behind some exceptions these processions consisted an essence of economic globalization and regionalization trends. Economic integration was focused on realization of small group of oligarchs and the state bureaucrats’ interests. Such orientation with inevitability brought into an impasse which can be explained as the serious crisis phenomenon. In the report the assessment of influence of interests on economic integration is given. Only national interests can appear as influential socio-economic factor of integration processes development. The fullest implementation of national interests directs integration processes on the way of creation of necessary vital conditions for the vast majority of the population. It is, especially, important for the Euroasian space where labor segments of the population occupy the main part of the population and where inertia of the Soviet system is still felt in the economy sphere. Very important is the question of conceptual bases of the Euroasian economic integration. Latter is based on ideology of neoliberal economic school. Development of integration processes in line with a certain neoliberal theory can lead to structural degradation of economy, to transformation of economy of the countries of EuroSEC in mineral and raw appendage of the developed countries. The same situation possible to see in other economic unions of Asia, Africa and Latin America countries.
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Kortam, Mostafa Mahmoud, Samir Siso, Nelly Mohamed Abbas, Ahmed Salah, Atef Hesam, Andrea Cilli, Ahmad Kamar, and Fatmaelzahraa Khafagy. "Significant Production Improvement of UltraLow Permeability Granitic Reservoirs to Develop Heavy Black Oil, Utilizing Channel Fracturing Technique." In SPE/AAPG Africa Energy and Technology Conference. SPE, 2016. http://dx.doi.org/10.2118/afrc-2575150-ms.
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ABSTRACT The development of low quality reservoirs such as; low permeability, marginal assets, and unconventional resources has a several cost challenges pushing the industry toward maximizing the potentiality and optimizing the strategies of such high risk plays. Petrobel has a discovered one of such challenged asset and successfully conducted a comprehensive study to set the best development strategy to unleash this potential. SIDRI Area is a relatively new settlement with a reasonable hydrocarbon potential according to petrophysical analysis. The target formation of SIDRI wells is a sedimentary rock with granitic facies that consist of a series of tight conglomerates over an oil/water column of more than 900m. The pore system of this rigid and stiff formation consists of a micro natural fractures network with secondary cemented porosity. The production is mainly governed these tiny natural fractures that have a permeability as low as 0.1-0.5 md. Despite this tightness these series are separated by nonporous sections that occasionally exhibit as barrier and may introduce layering or subdivision of pay, however in sometimes permit a vertical communication between productive sections. Performed Cuttings analysis such as XRD, thin-sections showed a variety of minerals composition representing different lithology which in turn complicates the characterization of such reservoir. On top of the unique mineralogy, the executions of fracturing treatment of SIDRI wells include multiple other challenges. The higher reservoir temperature and the formation depth cause a great constraint in terms of pumping rate and pressure. Besides, the non-availability of pumping equipment of high Horsepower restricts the pump rates and also limits the utilization of slick water frac. Even the nature and the quality of crude oil is quite challenged since it is a heavy black oil type and its composition contains high number of asphaltenic compounds accordingly the opportunity of creating sludge with treatment fluids is highly likely. The oil water viscosity ratio at reservoir condition represents a weighted obstacle for oil recovery that should be overcome. The basic concept of applying hydraulic fracturing for these kinds of reservoirs is very simple, however the execution to get much more production improvement is quite difficult. Particularly the main idea here is to conduct a cost effective fracturing treatment with economical wisdom principle that can lead to achieve a greater oil recovery with best profitable model. This paper presents the details of formation characterization and reservoir quality assessment, as well as a detailed discussion about wettability alteration and how adversely complicates the process of determining initial saturation. The implemented application including designing, experimental works, and execution of the channel fracture treatment job will be reviewed. The work sequence of this project that led to commercialize such asset will be addressed too.
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Ellefmo, Steinar Løve, Martin Ludvigsen, and Erik Kristian Thon Frimanslund. "Full Cycle Resource Evaluation of SMS Deposits Along the Arctic Mid Ocean Ridge." In ASME 2017 36th International Conference on Ocean, Offshore and Arctic Engineering. American Society of Mechanical Engineers, 2017. http://dx.doi.org/10.1115/omae2017-62525.
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Several hydrothermal vent sites have been discovered along the portion of the Arctic Mid-Ocean Ridge (AMOR) inside the extended Norwegian continental shelf (NCS). Seafloor massive sulfide (SMS) deposits are associated with these hydrothermal vent sites. These deposits contain significant amounts of valuable metals, such as copper, zinc, gold, and silver. Loki’s Castle is one of the most promising sites along the AMOR, with two 20–30 m high and 100 m wide mound-shaped SMS deposits. It is located at a water depth of 2,400 m. A production system concept is proposed for a deep-sea mining operation at Loki’s Castle based on the Nautilus Minerals’ Solwara 1 project. The overall cost structure and design of the Nautilus’ concept is in this study regarded feasible in AMOR in spite of the difference between the operating environment for the two locations. As the only relevant operational experience is De Beers’ shallow-water diamond mining off the coast of South Africa and Namibia, most of the environmental criteria used are taken from offshore drilling. Based on the net operating time, and accounting for scheduled maintenance and waiting-on-weather time, an estimate for annual average production rate and an annual production volume are estimated. Significant downtime is expected in January and July. Significant uncertainties are associated with early phases of projects. Probabilistic cost, grade and price estimates allow dealing quantitatively with uncertainties by giving input variables as probability distributions. Monte Carlo simulations are in this study run for different sets of variables, and the resulting key performance indicators are given as distributions. This paper adapts and presents a methodology normally used to assess technological and economic feasibilities of oil and gas projects. The methodology is adapted to the assessment of deep-sea mining projects and is illustrated through the assessment of the case based on Loki’s Castle ore characteristics and technologies planned for the Solwara 1 project with a cost structure adjusted according to AMOR conditions. Costs for processing, refining, waste disposal and logistics after ore arrival at onshore port is not included. The ore uncertainties are huge and the resources are with the present deposit knowledge speculative. Therefore, this study do not attempt to define any reserves.