Search results

This study aims to lay out a framework to quantify the impacts of mining booms on the macro-economy in Laos.

A computable general equilibrium (CGE) model is used to investigate the impact of the mining sector on the Laos’ economy by examining this sector’s increase in both stock and the productivity of capital.

It was found that higher capital stock and productivity lead to increased value added, production, exports and investment in the mining sector. These increases result in higher real gross domestic product, exports and investment. Unfortunately, the effects from the associated Dutch disease negatively impact real production and value added in the agriculture and industry. Suitable macroeconomic management and prudent administration of the windfall income from mining are therefore important.

The finding is important for policymakers to implement policy to deal with the negative impact of mining booms.

It is the first study to attempt to investigate the impact of the mining sector on the Lao economy using the CGE model. Second, we also provide recommendation to cope with the negative impact from mining booms which provide important implications for other developing countries that face the negative impact from mining booms.

The purpose of this paper is to interpret current global events to extrapolate the issues of twenty-first century for consideration by African mining policy and decision-makers.

The high-level mining issues are identified to assess what lies ahead for the twenty-first century. Some of these require innovation, called beacons for twenty-first-century mining in this paper, so that decision-makers can consider policy instruments and management strategies to craft a more desirable future for governments and companies, without affecting other stakeholders negatively.

It is proposed that African mining should consider three cross-cutting elements as subsets for the existing policy themes and management decisions, namely, broad benefit, mine sustainability and business improvement. Digital technologies have the potential to significantly support the three elements for fast-tracking Africa’s sustainable economic development.

Although the findings can be applied to most of the developing world, the focus of this paper is on the African mining industry.

Practical considerations for policymakers in Africa.

This paper includes novel/original policy considerations that have the potential to become cross-cutting elements for the existing policy themes of the Africa Mining Vision.

This paper aims to contribute to the scientific and societal debates about the role of corporate social responsibility (CSR) and particularly on the resettlements’ processes as part of extractive multinational companies (MNCs)’s commitments where the host country is an emerging extractive economy.

It is an exploratory study based on the analysis of secondary data, few interviews and on-site observation and deals with the description of the assessment of VALE, SA resettlement processes and assumed CSR practices of VALE, SA, an MNC operating in the Moatize district, Tete province in Mozambique.

The MNC assumes resettlement processes to be part of the CSR arena and reveals that VALE, SA follows a reactive poor approach as to CSR. The weak institutional context in Mozambique is like others described in the literature. The empirical data together with the sense of an ethical responsibility approach associated with resettlement processes and the paradigm shift in aid for trade as to development supported by the MNC’s CSR leads to the conclusion that resettlement can be considered part of the CSR of a mining MNC.

The difficult access to key informants of the resettled communities, local government and little interest in interview participation by VALE, SA, showed a current lack of confidence and communication limitations by the company as to this issue.

The failure of VALE, SA and other mining companies to meet their resettlement responsibilities and the inability of government supervision, requires local and national, as well as social and scientific communication processes and debate on this issue to be maintained on an ongoing basis during the mining life cycle to guaranty accomplishments of CSR.

The controversy over whether mining MNCs will benefit Africa’s emerging economies as to their socio-economic development will continue until MNCs commit themselves and act to be economically, legally and ethically responsible for contributing to the sustainable development of the countries where they operate.

This paper contributes to the debate on whether CSR frames the resettlement process based on literature review and key stakeholder views.

Mining organisations operate with a finite resource, often in remote locations, require specialised skills, with high capital intensity and are subject to political, social and environmental global issues. Mining is among the most technologically advanced of all heavy industries but it relies on both employees and contractors for operational success. The aim of this paper is to focus on the human resource (HR) challenges facing the West Australian mining industry.

This is a discussion paper, detailing the challenges that the HR function in the West Australian mining industry has faced in the recent past and is facing in the years ahead.

The resource sector of the economy in 2009 had been hit hard with plunging commodity prices and falling demand and most HR challenges identified in earlier years as being relevant during boom years became even more critical. The key HR challenges facing the West Australian mining industry for the next few years are considered to be: replacing retirees; the retention of key talent; growing the talent pool training and development; and keeping staff motivated.

The paper presents HR strategies to tackle the challenges that the mining industry faces in West Australia.

Several studies have examined the impact of market fundamentals on house prices. However, the effect of economic sectors on housing prices is limited despite the existence of two-speed economies in some countries, such as South Africa. Therefore, this study aims to examine the impact of mining activities on house prices. This intends to understand the direction of house price spreads and their duration so policymakers can provide remediation to the housing market disturbance swiftly.

This study investigated the effect of mining activities on house prices in South Africa, using quarterly data from 2000Q1 to 2019Q1 and deploying an auto-regressive distributed lag model.

In the short run, we found that changes in mining activities, as measured by the contribution of this sector to gross domestic product, impact the housing price of mining towns directly after the first quarter and after the second quarter in the non-mining cities. Second, we found that inflationary pressure is instantaneous and impacts house prices in mining towns only in the short run but not in the long run, while increasing housing supply will help cushion house prices in both submarkets. This study extended the analysis by examining a possible spillover in house prices between mining and non-mining towns. This study found evidence of spillover in housing prices from mining towns to non-mining towns without any reciprocity. In the long run, a mortgage lending rate and housing supply are significant, while all the explanatory variables in the non-mining towns are insignificant.

These results reveal that enhanced mining activities will increase housing prices in mining towns after the first quarter, which is expected to spill over to non-mining towns in the next quarter. These findings will inform housing policymakers about stabilising the housing market in mining and non-mining towns. To the best of the authors’ knowledge, this study is the first to measure the contribution of mining to house price spillover.