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(PDF) The importance of mining for socio-economic growth

Mining has historically been associated with the production of large volumes of solid wastes, in spite of the sector's significant contribution to the socio-economic development of nations around

The Contribution of the Mining Sector to Socioeconomic

The study's objective was to support the socio-economic development program of the Government of Orissa by helping to analyze and formulate practical strategies for strengthening an institutional and regulatory framework with respect to managing the environmental and social impacts of investments in the mining and industry sectors. This study, conducted for about a year, focused on two sets of

Recommendations for the Mining Sector BSR

BSR Women’s Economic Empowerment in Sub-Saharan Africa: Recommendations for the Mining Sector 3 Introduction Women’s economic empowerment is essential to ensuring that the benefits of the mining and minerals sector are shared widely by society. A growing number of major mining companies now recognize the urgent need to

Mining and Local Economic Development World Bank

communities when not properly planned and managed. A Local Economic Development and Mining Toolkit was developed to promote the proactive involvement of mining companies, governments, and communities in mining projects to enhance their development benefits and ensure that negative legacies are not left behind. The World Bank is using the practical tools provided by the toolkit in

EXAMINING THE SOCIO-ECONOMIC IMPACT OF MINING ON THE

intentions of the social and labour plans of the mining companies and the poor socio-economic development levels that exist on the ground where the mines operate in Amajuba District. The objectives of this study is to gain an understanding of the following areas of social and economic development as per the requirements of the Mineral and Petroleum

Impact of the Mining Sector on the Economy and Budget

Megaprojects in the mining sector, such as Oyu Tolgois underground mine development, Tavan Tolgoi, and the IMFs program will play a central role in reviving economic growth. In 2010, the PoM adopted the Fiscal Stability Law (FSL), which took effect in 2013. The Fiscal Stability Fund (FSF) was established in 2011. The purpose of a stabilization fund is to prevent

Supporting development and transformation in the mining

With the focus on growth, development and transformation of South Africa’s mining sector, the question turns to how the Draft Broad-Based Socio Economic Charter for the Mining and Minerals Industry, 2018 (“Draft Mining Charter 2018”), published on 15 June 2018, will impact on suppliers of goods and services to the mining sector.

Mining industry affected by escalating social, economic

28/11/2011 To meet the demands of a broad stakeholder base, mining companies will need to integrate risk-based corporate social responsibility strategies and develop

ECONOMIC DIVERSIFICATION OF A MINING TOWN: A CASE

The mining sector offers significant employment and business opportunities within certain geographic areas. Social support services, such as health and education services, are provided by mining companies, to locals within some Namibian mining towns. The mining companies, in some countries, do fulfil a gap, which national governments have

Appendix 2: Environmental and Social Impacts of Mining

Environmental and social impacts of mining have been well-documented and an ample literature exists on this topic. The following discussion summarizes those environmental and social issues that formed the basis for the Mining and Critical Ecosystems framework. Environmental and social impacts are divided into waste management issues, impacts to biodiversity and habitat, indirect impacts, and

Africa Review Report on Mining Sustainable Development

growth and socio-economic development”. The vision is therefore consistent with the principles of sustainable development, wealth creation and the integration of the mining sector into Africa’s social and economic development process. 8. Looking at successful resource-based development strategies elsewhere, it is clear that

ICMM & Social Progress in Mining-Dependent Countries

From a public-sector perspective, this research offers an alternative to the widely-held perception that extractive industries are likely to impede economic progress (and by extension, the well-being of host populations), both at the national and regional levels. Using a data-driven approach, the research shows that the overall socio-economic development and progress of MDCs and MDRs are

European Policy Brief STRADE project

Outlining Socio-Economic Challenges in the Non-Fuel Mining Sector October 2016 Doris Schüler, Christoph Brunn, Martin Gsell, Andreas Manhart Horizon 2020 Programme Oeko-Institut e.V. Strategic Dialogue on Sustainable Raw Materials for Europe STRADEproject.eu Page 1 Funded by the of the European Union STRADE is an EU-funded research project focusing on the development of

The mining industry in a sustainable future SEI

The sustainable development goals balance the three dimensions of sustainable development: the economic, the social and environmental. Agenda 2030 is a positive step forward in global cooperation and can contribute to an increased insight that it is necessary to balance different societal goals economic sustainability is a prerequisite for social as well as environmental sustainability

Mining and Development in Indonesia: An Overview of the

To promote sustainable mining development in Indonesia, national and sub-national governments need to improve their governance mechanisms and policies optimise so as to the benefits from mining sector for the social, economic and environmentthe al development of the country and its citizens.

Political Economy of the Mining Sector in Ghana

the poor impact of mining on Ghana’s economic development, this paper highlights the vulnerabilities in mining sector governance along the industry value chain. The authors explain why it has been difficult to implement policies that would have improved social welfare. They

Appendix 2: Environmental and Social Impacts of Mining

Environmental and social impacts of mining have been well-documented and an ample literature exists on this topic. The following discussion summarizes those environmental and social issues that formed the basis for the Mining and Critical Ecosystems framework. Environmental and social impacts are divided into waste management issues, impacts to biodiversity and habitat, indirect impacts, and

The social and environmental impact of mining in the ACP

Local source working in the mining sector, Lubumbashi (DRC), November 2005 The social and environmental impact of mining in the ACP countries is a subject that is often not included in the agenda of international meetings, despite its importance. Indeed the impact of mining on the environment and population, although it is often known, must be researched. However, without regulation in the

The Role of Mining in the South African Economy

Conventional wisdom views the mining sector ofthe South African economy as its quintessence. As contributor to aggregate output, as foreign exchange earner for the economy, as employer, and as a generator of tax revenues mining has often been viewed as the locomotive of South Africa’s economic development.1 Historically such a perception certainly carries much validity. In this paper we

EXTRACTIVES AND SUSTAINABLE DEVELOPMENT I

2ackground on the Economic Aspects of Mining B 3verview of the Mining Sector in Zimbabwe O 4ecent Key Developments in the Mining Sector in Zimbabwe R 5onclusion and Recommendations C. Sources Appendix About the author. Contents. iv iv. 1 3. 12 54. 60. 63. 67 71

Africa Review Report on Mining Sustainable Development

growth and socio-economic development”. The vision is therefore consistent with the principles of sustainable development, wealth creation and the integration of the mining sector into Africa’s social and economic development process. 8. Looking at successful resource-based development strategies elsewhere, it is clear that

Economic impact of world mining IAEA

Mining plays a vital role in the economic development of many countries. The emerging economies are now major players in the production and availability of key commodities such as copper (70%), bauxite (40%), iron ore and precious metals. Mining also has a positive impact on the economy of many countries. Another impact of mining can be measured in terms of employment opportunities and

European Policy Brief STRADE project

Outlining Socio-Economic Challenges in the Non-Fuel Mining Sector October 2016 Doris Schüler, Christoph Brunn, Martin Gsell, Andreas Manhart Horizon 2020 Programme Oeko-Institut e.V. Strategic Dialogue on Sustainable Raw Materials for Europe STRADEproject.eu Page 1 Funded by the of the European Union STRADE is an EU-funded research project focusing on the development of

ICMM & Social Progress in Mining-Dependent Countries

From a public-sector perspective, this research offers an alternative to the widely-held perception that extractive industries are likely to impede economic progress (and by extension, the well-being of host populations), both at the national and regional levels. Using a data-driven approach, the research shows that the overall socio-economic development and progress of MDCs and MDRs are

ECONOMIC DIVERSIFICATION OF A MINING TOWN: A CASE

mining companies, in some countries, do fulfil a gap, which national governments have difficulty in undertaking effectively, due to a chronic lack of government fiscal resources, capacity and skills. The social and economic contributions made by mining companies are important. However, can mining towns and communities survive economically and

The mining industry in a sustainable future SEI

The sustainable development goals balance the three dimensions of sustainable development: the economic, the social and environmental. Agenda 2030 is a positive step forward in global cooperation and can contribute to an increased insight that it is necessary to balance different societal goals economic sustainability is a prerequisite for social as well as environmental sustainability

Mining and Development in Indonesia: An Overview of the

To promote sustainable mining development in Indonesia, national and sub-national governments need to improve their governance mechanisms and policies optimise so as to the benefits from mining sector for the social, economic and environmentthe al development of the country and its citizens.

Mining and Corporate Social Responsibility Partnerships in

responsible for local socio-economic development. However, due to limited resources and other press-ing needs requiring local government’s attention, government is not in a position to, and cannot be solely expected to, address socio-economic devel-opment. Hence, there is the need to create partner-ships with the private sector and other relevant stakeholders, such as civil society, non

Mining and the Fourth Industrial Revolution: Expectations

A greater emphasis on and investment in research and development funded by the mining industry at universities is seen as an important part of the mining sector’s future success. The creation of new academic and research chairs would lead to knowledge development and greater applied research. It is essential to “bring back R&D to South African universities; if not we will remain receivers

Extractive Industries Overview World Bank

16/04/2020 Natural resources have the potential to drive growth, development and poverty reduction in developing countries. The extractive industries sector plays a dominant economic, social and political role in the lives of 3.5 billion people living in 81 countries, 51 of which are now compliant with the Extractive Industries Transparency Initiative, a global standard for transparency and accountability.