Mineral
in sentence
179 examples of Mineral in a sentence
One idea about which economists agree almost unanimously is that, beyond
mineral
wealth, the bulk of the huge income difference between rich and poor countries is attributable to neither capital nor education, but rather to “technology.”
This was easily accomplished, given Bolivia's memory of its losses: the loss of its seacoast to Chile in the War of the Pacific in 1879, of coca crops to the US eradication program, and the country's
mineral
wealth to transnational corporations.
International sanctions, it now seems, were the door through which China rushed to gain access to Africa’s
mineral
wealth for its voracious industries.
On one hand, Pakistan is seeking large investments from China to improve its physical infrastructure and exploit its considerable
mineral
wealth.
The Baku-Supsa oil pipeline, for example, brings Georgia less money than
mineral
water exports to Russia.
A closer look at those at the top reveals a disproportionate role for rent-seeking: some have obtained their wealth by exercising monopoly power; others are CEOs who have taken advantage of deficiencies in corporate governance to extract for themselves an excessive share of corporate earnings; and still others have used political connections to benefit from government munificence – either excessively high prices for what the government buys (drugs), or excessively low prices for what the government sells
(mineral
rights).
Many energy-rich countries fall into this category, which is why many observers speak of energy and
mineral
endowments as a “curse” rather than a benefit.
Nowadays, we are witnessing the application of Sun’s ideas in Africa, where China’s prime objectives are to secure energy and
mineral
supplies to fuel its breakneck economic expansion, open up new markets, curtail Taiwan’s influence on the continent, consolidate its burgeoning global authority, and clinch for themselves African-allocated export quotas.
Unlike the coups that overthrew Greece’s democracy in 1967 or Czechoslovakia’s Prague Spring a year later, the usurpers wore suits and sipped
mineral
water.
Sub-Saharan Africa has paths for diversified growth that many of the trailblazers did not: value-added agriculture and agro industry, the processing of
mineral
resources, petrochemical complexes, manufacturing of durable and consumer goods, tourism and entertainment, and an emerging information-technology sector.
And Indonesia’s Special Court for Corruption Crimes has just sentenced the country’s former minister of energy and
mineral
resources, Jero Wacik, to four years in prison.
The current value of sub-Saharan Africa’s
mineral
reserves is conservatively put at $1.2 trillion.
What Africa needs now is targeted support and investment in four main areas: down-stream processing of
mineral
resources, agro-industrial and agribusiness supply-chain development, pharmaceuticals, and infrastructure and energy.
Similarly, countries can import fossil fuels,
mineral
ores, and resources from the biosphere like fish and timber; but they cannot import water, which is essentially local, on a large scale and on a prolonged – much less permanent – basis.
China’s moves to strengthen its African ties have three objectives: to consolidate secure energy and
mineral
supplies, to curtail Taiwan’s influence on the continent (which harbours six of the 26 countries with which it maintains full diplomatic relations), and to augment China’s burgeoning global authority.
Africa is the world’s only remaining “soft target” where outside powers can battle it out for access to
mineral
resources.
Large mining companies can prepare for this shift by moving from fossil fuels to other materials, such as iron ore, copper, bauxite, cobalt, rare earth elements, and lithium, as well as
mineral
fertilizers, which will be needed in large quantities to meet the SDGs’ targets for global hunger eradication.
There is no question that China’s new island-based outposts in the South China Sea pose a threat not just to the security of Vietnam, the Philippines and other neighboring countries, but also to their
mineral
and fishing rights.
By contrast, African countries often see the worst sides of multinationals: energy, mineral, and precious metal companies go where resources are, not where it’s pleasant to work.
To develop such varieties, plant biologists identified genes that regulate water use and transferred them into important crop plants, enabling them to grow with less or lower-quality water, such as water that has been recycled or is high in natural
mineral
salts.
Living beings continually manufacture their own constituents from small inorganic and organic building blocks, with the help of catalysts called enzymes and of energy derived from sunlight,
mineral
sources, or foodstuffs made by other organisms.
For example, in 1963, 97% of Thailand’s export basket was composed of agricultural and
mineral
products such as rice, rubber, tin, and jute.
In exchange for financing and building the infrastructure that poorer countries need, China demands favorable access to their natural assets, from
mineral
resources to ports.
The economic benefits of such a strategy for Senegal are potentially vast: new industries in
mineral
processing, transport, and shipping, bringing higher-value-added employment; budget revenues from transit fees for minerals exports and pipelines; and improved infrastructure connecting the country’s rural heartland to Dakar and the coast.
It has had a crucial role in the effort to regularize the mining industry so that the DRC’s
mineral
wealth may be used to improve living standards, rather than only to enrich local warlords and the foreign governments and corporate interests allied with them.
Discoveries of large
mineral
deposits and other opportunities have brought a chance to diversify investment beyond the dominant oil sectors of Equatorial Guinea and Gabon.
Cameroon is expected to attract $10 billion over the next few years to develop some of the most promising new
mineral
reserves in the region, while Equatorial Guinea is pushing infrastructure development.
In fact, long-term price trends for the
mineral
resources upon which the economy depends, together with Russia’s history (especially the last two decades of Soviet rule), suggest that Putin’s luck may well be about to run out.
When
mineral
prices began to decline in the early 1980’s – reaching their lowest point in 1999 – the economy, which had already been stagnating for about five years, went into a free-fall.
The commodity boom and discovery of
mineral
resources in fragile states have sown seeds of discord, while the spread of democracy in low-income countries – perhaps surprisingly – increases the statistical likelihood of political violence.
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