Gold's influence on Australian economic development in …

industries, driving population growth and restructuring the manufacturing sector. Second, the gold rush helped shape Australia's socio-political climate. Compared with the previously hegemonic wool industry, ... it supported industries that directly backed the mining sector. The gold industry's deliverance of increases to average wages, a ...

What Is the Metals and Mining Sector? What's Included

The metals and mining sector is the industry dedicated to the location and extraction of metal and mineral reserves around the world. Global reserves of metals and minerals are mined for profit ...

THE RESTRUCTURING OF THE MINING SECTOR

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

Restructuring in the mining sector

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.

Restructuring the Coal Mining Industry

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?

Critical minerals: How the mining sector can accelerate the …

ERM analysis of more than 100 global critical minerals projects—mining primarily cobalt, copper, graphite, lithium, manganese, nickel, rare earths, lanthanides or …

Restructuring of the Coal Mining Industry and the …

The European Union's climate policy and the energy transition associated with it force individual countries, their economies and their industrial sectors to carry out thorough changes, often of a deep, high-cost and restructuring nature. The aim of the article is to provide a multidimensional assessment of the forms and effects of the …

Mining Insights Episode 5: Restructuring the Mining Industry

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 …

Restructuring of the Mining Sector in Silesian Voivodship

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 …

Lessons learned from the restructuring of Poland's coal …

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;

Crypto mining giant Core Scientific's reorganization plan

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 ...

Analysis of Financial Performance after and Before Debt Restructuring …

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.

Restructuring in the mining sector

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 …

Public–private partnerships for energy transition

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 …

First Quantum Minerals announces capital restructuring to …

A view of Cobre Panama mine of Canadian First Quantum Minerals, one of the world's largest open-pit copper mines, during a media tour, in Donoso, Panama, January 11, 2024.

Restructuring in the mining sector

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 …

The Nexus between South African Mining and the Energy …

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%.

Mine 2024: Preparing for impact

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 …

Creating the zero-carbon mine | McKinsey

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 …

Global forces shaping the future of mining and how to …

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 ...

Mining / Quarrying sector | Restructuring events database

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 ...

Insolvencies at the coalface: A global view of mining sector …

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 …

Report No. 47539-AL Albania Mining Sector Reform, …

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 ...

Sierra Leone's mining sector in focus: 2018 – 2021

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 …

Mining

We have established ourselves as a leading legal adviser within the mining industry in Africa and offer a full complement of legal services in this sector. We have a strong record of acting on the most significant mining-related …

Economic Issues No. 31

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 …

Challenges for long-term industry restructuring in the …

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 …

Risks and opportunities for mining and metals in 2024

T his year's ranking highlights the complex operating environment miners will face in 2024. Challenges will be numerous but history proves the resilience and the inventiveness of this sector. We expect to see more innovation, collaboration and agility over the next 12 months as mining and metals companies embrace the upside of change.

Sustainable Development of Mining Mineral Resources

The sustainable development of mining mineral resources is a major challenge for today's global world, addressed to mining companies, people of science …

NALOBA urges restructuring of mining sector

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 ...

Global Mine Report 2023: PwC

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. …

Risks and opportunities for mining and metals in 2024

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 …

Extraction and beyond: people's economic responses to …

Post-apartheid neoliberal governance has meant more restructuring in the mining sector and increasing casualisation of labour, which fuel labour and community …

Social aspects of restructuring hard coal mining in Poland

Conclusions An important goal of programmes for restructuring the hard coal mining sector of Poland is to avoid the poten- tially adverse social consequences of worker displace- ment. The second phase in the restructuring programme (1994-95) includes financial resources from the state for a variety of social protection measures for …

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