Given its tremendous natural resources, on the one hand, and its poor economic performance, on the other hand, the role of mining resources in the Guinean economy is often seen as a paradox. Guinea is one of the world's major bauxite producers for several decades. Based on this fact, this study aims to investigate the relationship …
Compensation for mining accidents to each victim's families was approximately US$30,000 in 2004, US$40,000–60,000 in 2009, and US$90,000–100,000 in 2011. 7 China's coal mining mortality rate declined rapidly and consistently, for a reduction of 80% from 2000 to 2009 (data sources: Statistical Communiqué of the National …
This cooperation has created productive opportunities for local economic growth. Data from the green finance and development center at Fudan University shows that China's outbound investment and new contracts in the metal and mining sectors exceeded 10 billion U.S. dollars in the first half of 2023, up 131 percent year on year.
However, the annual growth rate of China's investment in the mining industry was always beyond 10% between 2003 and 2014 (Fan et al., 2016), this means the role of capital inputs in China's mining economy is declining. In this background, this paper considers whether China's mining economic growth should depend on …
China's economic boom appears to be contagious. Over the past few years, China's northern neighbor has quietly caught the bug and become the world's second-fastest growing economy, experiencing a GDP …
Iron ore prices began to rise in 2016, and China's reliance on imported iron ore also showed sustained growth, exceeding 80% of capacity for five consecutive …
Due to the continuous development of China's market economy, China has continually reformed its mining management policies and increased its efforts to rectify the situation of the mining industry. However, the problem of chaotic mineral resource development has not yet been fundamentally solved ( Yang and Ho, 2020 ; K Li et al., …
China GDP: SI: Industry: Mining data was reported at 3,456.614 RMB bn in Dec 2021. This records an increase from the previous number of 2,201.154 RMB bn for Dec 2020. China GDP: SI: Industry: Mining data is updated yearly, averaging 2,112.619 RMB bn (Median) from Dec 2004 to 2021, with 18 observations. The data reached an all-time …
That spending spree left mining bosses red-faced as economic growth in China slowed, causing commodity prices—and the industry's profits—to plummet. Miners spent the years that followed ...
Chinese investments and new contracts in the metals and mining sector topped $10 billion during the first half of 2023, a 131% growth year-on-year.
Then, with the active promotion of China's green mining industry and circular economy, China's economy achieved rapid growth from 2010 to 2018, while the growth of carbon emissions from the mining and dressing industry gradually stabilized, and decreased year by year (Luo and Wu, 2018). In terms of the development status of …
At the moment, China is on track to double its utility-scale solar and wind power capacity between now and the end of the decade, it says. Chinese investments …
China's coal output is expected to increase 36 million metric tons, or 0.8%, to about 4.7 billion tonnes in 2024, a Chinese coal industry group said on Wednesday, slower than last year's 2.9% ...
China's oil market is facing similar issues with a weak economy, rising domestic production, and a long-term decline in demand as decarbonization gathers pace. Refiners have been forced to cut ...
Mining provides basic materials and energy for human life and supports economic and social prosperity and development. The decoupling of mining carbon emissions from economic development is an ...
Mining Production in China averaged 2.83 percent from 2013 until 2024, reaching an all time high of 17.50 percent in January of 2021 and a record low of -6.50 percent in …
The mining industry is an important sector of economy development which provides raw materials needed to produce items that impact the national sustainable economic growth [1][2][3].
2022 could be a challenging year for China's economic growth. Looking ahead to 2022, we expect: China's GDP growth could slow . Despite the strong performance of H1 2021, China's GDP growth slowed in the second half. By the third quarter, the y-o-y growth in China's GDP had fallen to 4.9% from 7.9% in Q2.
Between 2003 and 2011, China's mining economy was in a high-speed development phase, with the output value increasing from 0.74 trillion yuan to 5.86 …
52 metropolitan areas with a population north of 1m.11 China's economic growth and boom in urban population has boosted China's burgeoning middle class. For a long time the Tier 1 cities – Beijing, Shanghai, Guangzhou and Shenzhen – have been home to the country's middle class. But as China's economy has grown and the middle-class
The mining and metals industry is recovering from one of its most difficult periods in decades - and it now has to contend with a rapidly changing world. Here are seven factors that will determine which companies will prosper in the coming years
China - Minerals, Resources, Mining: China's most important mineral resources are hydrocarbons, of which coal is the most abundant. Although deposits are widely scattered (some coal is found in every province), most of the total is located in the northern part of the country. The province of Shanxi is thought to contain about half of …
China has the largest ASM industry in the world in terms of production, as indicated in Table 2, and employment [5]. Table 3 shows the percentages of the number of enterprises, output, gross production values and employment from ASM (excluding oil and natural gas ASM) in their totals relative to the entire mining industry nationwide. In …
The contribution of the final consumption expenditure to GDP growth rate was up by 1.0 percentage point, that of the gross capital formation to GDP growth rate up by 1.5 percentage points and that of the net exports of goods and services to GDP growth rate up by 0.5 percentage points. ... Figure 6 ： Year-end China's Foreign Exchange …
China's economy is finally getting some good news: Its big factories are staging a recovery as a power crunch that held back production starts to ease because …
Zijin Mining Group, also a state-owned enterprise, was China's leading mining company based on market capitalization as of July 2023, amounting to over 42 …
In so many ways, the story of mining and metals, today, is the story of China. Globally, the mining and metals sector has a $1.5 trillion annual value. For many years, it grew more or less in step with global …
In 2018, the five largest Chinese gold producers controlled about 30% of local mined production, which has grown an average of 4% per year over the last five years. Low wages and consumable costs …
The rapid industrialization and urbanization of China's 276 prefecture-level cities between 2010 and 2020 worsened the problem. • Mining sector innovation and digital transformation might support environmentally sustainable economic development. •
Between 2003 and 2011, China's mining economy was in a high-speed development phase, with the output value increasing from 0.74 trillion yuan to 5.86 trillion yuan and an average annual growth rate of 29.6%, but since 2012, China's MI has been in a "transition period" (Chen et al., 2015), with an average annual growth rate of 3.5% ...
As of 2021, China housed around 11,000 enterprise units within the mining industry, contributing to a business revenue of 5.7 trillion yuan, accounting for 5% of …
China's economy continues to be full of surprises. Estimates from CLSA show China's macroeconomic growth outpaced consensus estimates in 2010. Many expected […]
Despite the recent downturn in prices, mining could continue contributing significantly to Peru's rapid economic growth, helping to bring about poverty reduction and improvements in the welfare of large segments of the population. Peru has a unique opportunity to transform its rich mineral endowment into sustainable development.
Notably, 60% of regions had medium efficiency in 2020. The levels of ISR, ISA, and UL play significant roles in boosting green economic growth. This study provides valuable insights into the drivers of green economic growth in China guiding policy decisions on achieving a sustainable and low-carbon economy.
Faced with the challenges of increasing demand and expanding emissions, China's mining industry is at a crucial stage of sustainable development. In the context of the new technological revolution and industrial transformation, researching how the digital economy can promote the growth of green total factor productivity (GTFP) in China's …
The mining industry is linked to a country's economy and natural resource activities, including mining. A country's economy is related to its extraction industries (McMahon and Moreira, 2014). Among them, mining industries have grown dramatically in the past few years in periphery and core countries (Pietrobelli et al., 2018).