...many security, safety, and environmental exposure problems and excessive costs to qualify as a leading means to combat global warming pollution. Large-scale nuclear plants remain uneconomic to build. And while the nuclear fuel cycle emits little global warming pollution, nuclear power still poses globally significant risks that need to be further reduced, including: • Diversion of “peaceful” nuclear facilities and materials to secret nuclear weapons programs; • Theft and terrorist use of nuclear materials; • Accidental releases of radioactivity, ranging from locally harmful to potentially catastrophic; • The vulnerability of some spent nuclear fuel storage pools to terrorist attack; • Occupational and public health risks associated with uranium...
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...Review – Exam 2 This is just an outline; make sure you go over everything. Materials: Exam 2 will cover chapters 13, 14, 15, 18 & 19: everything we have covered in the class. Exam 2 will start Sharp at 6:00 pm. The allotted time for exam 2 will be 6:00 to 6:50 pm Format: There will be 40 multiple choice questions, scantrons will be provided. Main Concepts Chapter 13: * Soil forming factors * Soil formation begins with fragmentation of parent material. * Parent material consists of ancient layers of rock, or more recent deposits from lava flows or glacial activity. * The first organisms to gain a foothold in modified parent material also contribute to soil formation. * Lichens form pioneer communities. * Decomposition of dead lichens further alters underlying rock. Humus is the organic material resulting from the decay of plant and animal remains. * It mixes with top layers of mineral particles, and supplies needed nutrients to plants. * It creates a crumbly soil that allows adequate water absorption and drainage. * Burrowing animals such as earthworms bring nutrients up from deeper soil layers, improving soil fertility. * * The organic material resulting from the decay of plant and animals remains is called………….? HUMUS * Soil properties: Soil texture Soil texture is determined by the size of mineral particles within the soil. * Too many large particles (sand, gravel) lead to extreme...
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...Dessert in the north to the subtropical regions in the south. These diverse climates and topographies provide Chile with a wealth of natural resources including timber, iron ore, hydropower and most prominently, copper, an element known for its inherent ductility and electrical conductivity. Beginning in the mid 1960s, concurrent with China’s exploding GDP growth rate, the value of copper in the modern industrial market place began to soar due increased global demand. Chile, whose copper reserves account for 28% of the world’s total supply, experienced the positive economic impact from this increased demand, as seen through the country’s GDP growth of over 400% between 1970 and 2014, adjusting for inflation, (Appendix 1). Coupled with the solid GDP growth over the last 45 years, Chile was also able to establish strong institutions, an efficient government with relatively low levels of corruption, and solid macroeconomic stability, which subsequently established Chile as the most competitive economy in Latin America according the 2015 Global Competitiveness Report (GCR) (Appendix 2). Directly to Chile’s north lies Peru, a country almost double Chile’s size and population (Appendix 3). Similarly to Chile, Peru’s economy reflects its wide-ranging topographies including arid coastal regions in the west, mountainous highlands in central Peru, and tropical Amazon forests bordering Colombia and Brazil. These provide the country with an abundance of natural resources comparable to Chile’s:...
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...them: agriculture, banking, consumer goods, infrastructure, mining, oil and gas, and telecommunications. Perhaps the most fundamental point is that Africa’s growth story is hardly limited to the extractive industries. As many as 200 million Africans will enter the consumer goods market by 2015. Banking and telecommunications are growing rapidly too, and infrastructure expenditures are rising significantly faster in Africa than in the world as a whole. Not that the growth of the extractive industries won’t be impressive. The continent has more than one-quarter of the world’s arable land. Eleven of its countries rank among the top ten sources for at least one major mineral. Africa will produce 13 percent of global oil by 2015, up from 9 percent in 1998. For many companies, this is a future worth investing in. 2 Africa’s path to growth: Sector by sector Agriculture: Abundant opportunities Kartik Jayaram, Jens Riese, and Sunil Sanghvi Agriculture is Africa’s largest economic sector, representing 15 percent of the continent’s total GDP, or more than $100 billion annually. It is highly concentrated, with Egypt and Nigeria alone accounting for one-third of total agricultural output and the top ten countries generating 75 percent. Africa’s agro-ecological potential is massively larger than its current output, however—and so are its food requirements. While more than one-quarter of the world’s arable land lies in this continent, it generates only 10 percent of global agricultural...
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...Introduction: BHP Billiton is world’s largest diversified natural resources company. The company was created by the merger of two companies, BHP Ltd (An Australian mining company) and Billiton PLC (An UK based Company). BHP Billiton has created long time share holder value through the discovery, acquisition and development of natural resources. In the last few years, BHP Billiton has faced some governance challenges in conducting their business around the world. For overcoming those challenges several strategic drivers has been taken by BHP Billiton. This report mainly focused on external and internal environment, strength and weakness, Governance challenges and strategic drivers of BHP Billiton. Overview of BHP Billiton: BHP Billiton is a Dual Listed Company (DLC) comprising BHP Billiton Limited and BHP Billiton Plc. BHP Billiton was created through the DLC merger of BHP Limited (now BHP Billiton Limited) and Billiton Plc (now BHP Billiton Plc), which was concluded on 29 June 2001. BHP Billiton is a leading global resources company. The purpose is to create long-term shareholder value through the discovery, acquisition, development and marketing of natural resources. BHP Billiton are among the world’s largest producers of major commodities, including aluminum, coal, copper, iron ore, manganese, nickel, silver and uranium, and have substantial interests in oil and gas. The headquarters of BHP Billiton Limited, and the global headquarters of the combined BHP Billiton Group, are...
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...of the African continent (see Figure 1), stretching latitudinally from 22° to 35° S and longitudinally from 17° to 33° E. Its surface area is 1 219 090 km². It has common boundaries with the republics of Namibia, Botswana and Zimbabwe, while the Republic of Mozambique and the Kingdom of Swaziland lie to the northeast (Figure 2). Completely enclosed by South African territory in the southeast is the mountain Kingdom of Lesotho. FIG. 1. African Continent To the west, south and east, South Africa borders on the Atlantic and southern Indian oceans. Isolated, 1 920 km southeast of Cape Town in the Atlantic, lie Prince Edward and Marion islands, which became part of South Africa in 1947. South Africa has a lengthy coastline of about 3 000 km. This coastline is swept by two major ocean currents – the warm south-flowing Mozambique-Agulhas current and the cold Benguela. The SOUTH AFRICA 757 former skirts the east and south coasts as far as Cape Agulhas while the Benguela current flows northwards along the west coast as far as southern Angola. The contrast in temperature between these two currents partly accounts for important differences in climate and vegetation between the east and west coasts of South Africa. It also causes big differences in marine life, the cold waters of the west coast being much richer in oxygen, nitrates, phosphates and plankton than those of the east coast. FIG. 2. Map of South Africa The coastline itself is an even, closed one with few bays or indentations...
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...PESTEL Brazil Why Brazil? * Brazil is politically stabile and has democratic rules achieved under the presidencies of Fernando Henrique Cardoso and Luiz Inácio Lula da Silva. * Brazil has a diversified and growing economy that plays a significant role in the global economy. Brazil is the largest economic power in Latin America and the world’s 10thlargest economy. * The country is open to and encourages foreign investment by implementing investor-friendly policies. The country is one of the world’s leading destinations for foreign direct investment. * Brazil is the fourth biggest producer of gold in the world. It has abundant reserves of natural resources and many regions are still unexplored which make the country an attractive location for mine development. * Brazil has an established Civil Law system and a modern mining legislation. * The country is a green energy leader, renewable energy supplying nearly 45% of the country’s energy needs. * Expanding into Brazil will allow Newmont to reinforce its presence in South America where its competitors are already well established. PESTEL Analysis Political Type: Federative republic (with 26 states and a federal district) Independence: September 7, 1822. Constitution: Promulgated October 5, 1988. Branches: Executive–president (chief of state and head of government popularly elected to no more than two 4-year terms). Legislative–Senate (81 members popularly elected...
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...Energy Chapter 13 Section 13-1 WHAT IS NET ENERGY AND WHY IS IT IMPORTANT? Basic science: Net energy is the only energy that really counts • The usable amount of high-quality energy available from a given quantity of an energy resource is its net energy yield: the total amount of useful energy available from an energy resource minus the energy needed to make it available to consumers. • We can express net energy as the ratio of energy produced to the energy used to produce it. As the ratio increases, the net energy also rises. When the ratio is less than 1, there is a net energy loss. Net energy ratios for various energy systems over their estimated lifetimes differ widely Fig. 13-2a, p. 301 Fig. 13-2b, p. 301 Fig. 13-2c, p. 301 Fig. 13-2d, p. 301 Energy resources with low or negative net energy need help to compete in the marketplace • Any energy resource with a low or negative net energy ratio cannot compete in the open marketplace with other energy alternatives with higher net energy ratios unless it receives financial support from the government (taxpayers) or other outside sources of funding. – For example, the low net energy yield for the nuclear power fuel cycle is one reason why many governments throughout the world must heavily support nuclear power financially to make it available to consumers at an affordable price. Section 13-2 WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF FOSSIL FUELS? Fossil fuels supply most of...
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...PURE GOLD TO BE THE LEADING MINING COMPANY To create value for our shareholders, our employees and our business and social partners through safely and responsibly exploring, mining and marketing our products. Our primary focus is gold and we will pursue value creating opportunities in other minerals where we can leverage our existing assets, skills and experience to enhance the delivery of value. Safety is our first value. We place people first and correspondingly put the highest priority on safe and healthy practices and systems of work. We are responsible for seeking out new and innovative ways to ensure that our workplaces are free of occupational injury and illness. We live each day for each other and use our collective commitment, talents, resources and systems to deliver on our most important commitment ... to care. We are accountable for our actions and undertake to deliver on our commitments. We are focused on delivering results and we do what we say we will do. We accept responsibility and hold ourselves accountable for our work, our behaviour, our ethics and our actions. We aim to deliver high performance outcomes and undertake to deliver on our commitments to our colleagues, business and social partners, and our investors. We treat each other with dignity and respect. We believe that individuals who are treated with respect and who are entrusted to take responsibility respond by giving their best. We seek to preserve people's dignity, their sense...
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...1 MINING INDUSTRY - OVERVIEW AND RISKS FACTORS Definition of the Industry The mining industry encompasses a wide range of companies involved in different supply chain positions that represent exploration, development, extraction, processing, refining and sale of minerals and coal. With respect to the diverse set of business factors that affect the mining process, the business risk rating for the mining industry would be best qualified in terms of a credit rating of BBB (low). The justification for this rating follows: a) Higher than average profitability of the industry – related to the need to provide adequate returns on large capital investments b) Threat of competitors is about on the same level as other industries – based on multiple suppliers and buyers and the prevalence of homogenous products (nonbranded) c) Inherent volatility in earnings and underlying cash flows – due to volatile pricing of commodity products and responsiveness to economic cycles d) Above average and increasing prospect of industry regulation e) Above average and uncertain political risk – industry players have to pursue operations where mineral resources are found and in many cases this would include politically unstable regions f) Below average technology risks – due to the basic nature of the materials produced and licensing production technologies and methods among players in the industry 2 The BBB rating is applicable only to industry players...
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...1 MINING INDUSTRY - OVERVIEW AND RISKS FACTORS Definition of the Industry The mining industry encompasses a wide range of companies involved in different supply chain positions that represent exploration, development, extraction, processing, refining and sale of minerals and coal. With respect to the diverse set of business factors that affect the mining process, the business risk rating for the mining industry would be best qualified in terms of a credit rating of BBB (low). The justification for this rating follows: a) Higher than average profitability of the industry – related to the need to provide adequate returns on large capital investments b) Threat of competitors is about on the same level as other industries – based on multiple suppliers and buyers and the prevalence of homogenous products (nonbranded) c) Inherent volatility in earnings and underlying cash flows – due to volatile pricing of commodity products and responsiveness to economic cycles d) Above average and increasing prospect of industry regulation e) Above average and uncertain political risk – industry players have to pursue operations where mineral resources are found and in many cases this would include politically unstable regions f) Below average technology risks – due to the basic nature of the materials produced and licensing production technologies and methods among players in the industry 2 The BBB rating is applicable only to industry players...
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...Khadijah Iftaqar BSI2129 Shama Shrestha EMV2816 Wangyang Wei ANY2083 Date: 6 June, 2014 Introduction to Economic Growth In this report, the economic growth of Australia, USA and India is discussed. Economic growth is key factor to economic development. People of the nation are benefited when national income grows. The is no any scientific method of formula to measure the economic growth whereas the data, charts and other information can be helpful for strategy-makers to understand the countries’ economic positions and design a framework to guide for an effort toward development. Data are the artefacts covering measures of economic growth, such as gross domestic product (GDP) and gross national income (GNI). They also have pointers representing elements known to be appropriate to economic growth, such as capital stock, employment, investment, savings, consumption, government spending, imports, and exports (The World Bank, 2014). GDP is considered to be one of the basic indicators that assess a country’s economy growth. According to The statistics Portal (2014) GDP is defined as market value goods and services produced by using the resources and capital of the country in provided span of time irrespective of nationality. Normally, it is calculated on an annual basis and includes all public and private consumption, government expenditure, investments, and net exports. The Gross Domestic Product is primary pointers in measuring a country’s standard of living. In addition, Real...
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...Annual Report 2009 Wits Gold Prospecting Rights in the Witwatersrand Basin, South Africa Witwatersrand Basin Johannesburg Carletonville Potchefstroom Goldfield Evander Klerksdorp Klerksdorp Goldfield Potchefstroom N 0 100 Km Welkom Southern Free State Goldfield Wits Gold Prospecting Rights Mining Leases Witwatersrand Basin Basement Rocks Disclaimer Certain statements in this directors’ report may constitute forward-looking information within the meaning of securities laws. In some cases, forward-looking information can be identified by use of terms such as “may”, “will”, “should”, “expect”, “believe”, “plan”, “scheduled”, “intend”, “estimate”, “forecast”, “predict”, “potential”, “continue”, “anticipate” or other similar expressions concerning matters that are not historical facts. Forward-looking information may relate to management’s future outlook and anticipated events or results, and may include statements or information regarding the future plans or prospects of the Company. Without limitation, statements about the timing of the pre-feasibility studies regarding the Company’s Bloemhoek project and De Bron project, the ability of the Company to manage its business risks, the sufficiency of capital to cover exploration and operating expenses, and other related statements are forwardlooking information. Forward-looking information involves known and unknown risks, uncertainties and other important factors that could cause the actual results,...
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...Advanced Clean Coal Technology DeVry University Technology Society and Culture Professor Paul Team D Table of Contents Renee M King I A brief description of the why the technology is needed …………….page 3 II The historical development and context of the technology …………..page 5 III The technology in its cultural context, media influence……………....page 9 IV Psychological considerations and sociological effects…………..….page 10 V Economic questions and considerations VI Implications for the Environment VI Political and legal influences IX Moral and Ethical Implications References Advanced Clean Coal Technology I A brief description of the why the technology is needed The most plentiful fuel in the fossil fuel family, coal has been used since the caveman days to heat their homes. In the 1700s, people found that it would heat cleaner and hotter than wood charcoal. The Industrial Revolutions overwhelming need for energy to run the new technologies providing the real opportunity for coal to dominant as a worldwide supplier of energy. (A brief history of coal use). As other sources of energy was discovered the use of coal diminished. However, 4 decades ago it became popular again as an energy source. The 1970’s brought about an oil crisis that showed industrialized countries that any disruption in the petroleum supply line would send a shockwave through energy production. (Morse, 2012). Even though coal...
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...Business risks facing mining and metals 2012–2013 Organizations that succeed do so because they are best able to optimize the risk and reward equation for both strategic and operational issues. Contents The Ernst & Young business risk radar for mining and metals Executive summary The top 10 business risks 1. Resource nationalism 2. Skills shortage 3. Infrastructure access 4. Cost inflation 5. Capital project execution 6. Social license to operate Editorial — Prospects and perils: facing up to political risks in mining and metals 7. Price and currency volatility 8. Capital management and access 9. Sharing the benefits 10. Fraud and corruption 3 4 10 11 14 17 20 23 26 28 32 35 38 40 Under the radar Getting prepared 42 46 The Ernst & Young business risk radar for mining and metals Up from 2011 Down from 2011 Same as 2011 New entry The risks closest to the center of the radar are those that pose the greatest challenges to the mining and metals sector in 2012 and into 2013. The business risk report Mining and metals 2012–2013 3 Executive summary 4 The business risk report Mining and metals 2012–2013 A more complex and extreme risk environment “The bottom line is that if returns start to wane, then there is a greater imperative for organizations to tightly and more effectively manage their risks to maintain an adequate risk/reward balance.” Mike Elliott Global Mining and Metals Leader, Ernst & Young On the surface, the top...
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