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From ancient to modern times, the mining industry has played a pivotal role in shaping economies and societies worldwide. In this article, we delve into the economic significance of the mining industry on a global scale, examining its impact on employment, investment, trade, and technological advancement. Historical Overview
Metals & Mining Industry in India ... Steel signed a MoU with the Government of Punjab for setting up a 0.75 MnTPA long products steel plant with a scrap-based electric arc furnace. In July 2022, Hindalco Industries Limited has signed an MoU with Phinergy and IOC Phinergy Private Limited (IOP) on R&D and pilot production of aluminium plates for ...
The required pace of transition means that the availability of certain raw materials will need to be scaled up within a relatively short time scale—and, in certain cases, at volumes ten times or more than the current …
Resource-based view; Container shipping; Data-driven logistics; Logistics service capabilities; Value-added logistics; Citation. Yang, C.-S. and Lirn, T.-C. (2017), "Revisiting the resource-based view on logistics performance in the shipping industry", International Journal of Physical Distribution & Logistics Management, Vol. 47 No. 9, pp. 884 ...
The resource-based theory to strategy can be traced back to Wernerfelt's 1984 article "A Resource-Based View of the Firm." 2 The perspective gained real attention in 1990 with Prahalad and Hamel's HBR article "The Core Competence of the Corporation". 3 But, as a theory of competition, RBV took shape only in 1991 with Barney's ...
PDF | On Aug 1, 2023, Ya Gao and others published Resource curse on innovation: A perspective on local mining industry monopolies in resource-based cities in China | Find, read and cite all the ...
Building knowledge about why some firms outperform others remains a central goal of strategic management research (Nag, Hambrick, & Chen, 2007).Over the past three decades, the resource-based view (RBV), …
Three cross-industry trends are converging to trigger far-reaching changes within the mining workforce. First, the nature of work itself is evolving, with an increasing focus on automation, algorithms, and a growing need to be …
The mining industry across the globe has always made use of large stocks of labourto achieveorganizational objectives. It is against this background that the study was conducted to determine the HR practices currently being implemented in the mining sector in Zimbabwe. The Results Based View approach to the strategic leadership of organisations was adopted to act …
Find the most up-to-date statistics and facts on the mining industry in the United Kingdom. ... View Report. Industry Overview ... Global leading mining companies based on market capitalization 2024
In view of the above discussion, we put forward the main hypothesis, that is, in resource-rich cities, the higher market concentration of the mining industry makes the …
Learn more about our tools and information products on Indigenous participation in exploration and mining. Indigenous employment. Based on the 2021 census, over 17,300 Indigenous people were employed in Canada's …
Mining sector innovation and digital transformation might support environmentally sustainable economic development. • Advanced Big Data analytics explored complex linkages …
Innovation plays a critical role in the mining industry as a tool to improve the efficiency of its processes, to reduce costs, but also to meet the increasing social and …
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. ... Meanwhile, industry-specific issues related to regulation, geopolitical risk, legal limits on natural resource use, shareholder activism and public scrutiny have created additional ...
An analysis of the Human Resource practices in the mining industry in Zimbabwe's Midlands Province: A relook at the Resource Based View of managing Human Resources ... The Resource Based View (RBV) of the firm as discussed by Barney, (1991), Huselid, et al., (1997) and Lepak & Snell, (1999) amongst many other scholars assumes that sustainable ...
Abstract. A new wave of resource nationalism washed through southern Africa in the 2000s, driven by rising popular demand for greater local participation in the mining sector value chain, more equitable redistribution of benefits from extractives and strengthened transparency and accountability on the part of local states and foreign-owned mining companies.
The long-term viability of an organization hinges on social, environmental, and economic measures. However, based on extensive review of the literature, we have observed that measuring and improving the sustainable performance of supply chains is complex. We have grounded our theoretical framework in institutional theory and resource-based view and …
Attracting the industry's next generation of talent needs a focus on the industry's skills of the future: in artificial intelligence, robotics, automation and data analytics. According to a study from the World Economic Forum, 73% of mining companies see local skills gaps as the biggest barrier to adopting new technology. This technology ...
Within the SAP-LAP framework, adopting a natural resource-based perspective, the study thoroughly examines the intricacies and interactions among existing situations, pertinent …
The United States' mining industry has a long history, and it continues to be an economically important industry. The most common commodities produced in the U.S. based on volume include sand and ...
Find the most important statistics and facts on the mining industry in South Africa. ... View Report. Industry Overview ... Leading South African mining companies based on market capitalization 2023.
The resource-based view (RBV) is a well-established research stream within strategy research, with its origins linked to Edith Penrose's work in 1959, who gave valuable insights into the process of resource acquisition, utilization, and expansion for gaining competitive advantage (Rugman and Verbeke 2002).The central focus of attention for the RBV lies with …
Structural scholars have used resource-based view thinking to explain risks faced by the mining industry and for the extractivist countries that rely on them. For example, Bibi (2023 c) serves as a good base to understand such type of risk reporting the analysis done by the Economic Commission for Latin America and the Caribbean (ECLAC).
First labeled by Wernerfelt and developed through a series of papers by various authors, the resource-based view of the firm (RBV) explains how firms achieve competitive advantage and economic rents through ownership and management of assets, capabilities, knowledge, and similar internal resources.Resource-based theory is complementary to more outward-looking …
McKinsey Metals & Mining published a 2015 paper that predicted a technology-enabled transformation of the mining industry. The paper identified some potentially game-changing innovations that we believed would …
Corresponding with the view that the success of NRBIs in great part rests on the quality of the surrounding supplier industry and supporting innovation system, Joseph, Thapa, and Wicken (Citation this issue) argue for a 'broad' innovation policy strategy as an essential element of natural resource-based development.
The revenue of the top 40 global mining companies, which represent a vast majority of the whole industry amounted to a record 943 billion U.S. dollars in 2022. The net …
Shared Characteristics. In some respects, Canadian resource towns resemble similar towns throughout the world. These towns are based on the extraction or processing of resources such as minerals, forest products and hydroelectric power.Typically, the resource town is linked to an industry or business and lacks control over its own economic growth.
Editor's note: The Geology and Mining series, edited by Dan Wood and Jeffrey Hedenquist, is designed to introduce early-career professionals and students to a variety of …
