Industry: In the last 8 years created 1.3 million new jobs
Head area, Debora Giorgio, highlighted by a statement on Sunday that the work of industry and six consecutive quarters of increase of interannual increase since 2003, creating 1.3 million new jobs. It is expected that by 2020 would create an additional 1.5 million posts.
“We have the lowest unemployment rate in 20 years and this is a consequence of the industrialization process in Argentina began in 2003, where labor productivity grew by 50% and more than double the value added per worker in the industry to reach nearly $ 50,000 per year, “said Giorgio.
A final note, the third quarter of 2011 – marking the expansion of 3.3% over the same period in 2010 and accumulated an increase of 3.2%.
Meanwhile, hours worked increased by 3.8%, accumulating in this 8-year consecutive quarters upload.
“We make the industry stand Argentina and we have a clear strategy to continue to grow and develop our potential to lock in the industry as a tool to achieve social justice and creating more jobs for all of Argentina,” said Giorgio.
In that regard, he stressed that one of the goals outlined in the Strategic Industries Argentina 2020 is the creation of new industries 1.5 million jobs and reduce unemployment to 5%.
This sector generates more jobs will be construction, with input from the entire value chain from 600,000 jobs in order to reach one million workers by 2020.
This represents 40% of total industrial employment generation projected by the Plan in 2020. What parts of the automotive and auto, which will provide 300,000 new jobs in ten years and the textile sector, with 250,000 new jobs.
Meanwhile, the food industry is responsible for generating another 80,000 jobs, chemical and petrochemical sector will add 75,000, furniture and wood, 63 000, and software, 60,000, and medicine, 40,000, footwear, 12,000, the agricultural machinery, 12,000, and capital goods, 8000.
Guarantee fund for new mining investment to face the possibility of environmental damage
Government proposals to establish a guarantee fund for new mining investment to face the possibility of environmental damage would be a kind of “Seat environment,” to introduce the concept of solidarity in assuming the risks inherent in their activities.
The idea would be to cover unforeseen possibilities in the mine closure plan, or for any environmental liability sectors, such as those proposed by the executive director of the Peruvian Environmental Law Society (SPDA), Manuel Pulsar-Vidal.
He said the official newspaper El Peru no need to recognize that one of the basic principles in the development of human activity is solidarity. “It would be something like Traffic Accidents Compulsory Insurance (SOAT).”
“One of the major risks of driving a car is to have traffic accidents, and how to show solidarity with the victims is to provide insurance coverage. Therefore, all handlers are required to pay,” he said as an example.
He said that in the case of mining will look like this. “If we realize that an activity has a negative impact and we want to minimize, avoid or prevent them, it would be more appropriate to have the resources to reverse this situation.”
Pulsar Vidal noted that these funds should be handled with total transparency. “The constitution will go through the trust and management by an entity that cans public-private partnership,” he suggested.
He added that these resources should not go to the Treasury because it has a procedure that can be very tricky, because one purpose of the fund will be easy to implement.
“The idea is that the environmental problems of a quick solution can be implemented using the bottom,” he said.
Government intention to establish a contingency fund as an interesting concept but need more details of the proposal for a complete analysis and identify its impact on the sector, said President of the National Society of Mining, Petroleum and Energy (SNMPE), Carlos del Solar.
He stated that the best will request additional information from the authorities involved in this activity.
On the other hand, said he agreed with the message given by the President of the Republic, Lolita Humana, during the 5 the International Business Forum of China-Latin America, while emphasizing the need to stop exporting only raw materials (minerals) and passed to offer value-added products are more high.
However, he said that in the case of a large mining sector investment needed to take a big step. “We are on track to achieve, but it is a slow process.”
He stressed the need to attract new investment into the mining sector, which is required for stable and attractive conditions for investors.
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Mining, petroleum and tourism led to demand for labor in 2011
According to the company Baytown, these three sectors developed an exponential growth in demand for employees this year. The company specializes in oil and mining, 12.6 percent called for more workers in 2010, while the development of culinary tourism and employees take more than 7 percent in 2010.
According to reports Baytown, “is the mining industry, oil and tourism sectors to develop a three-exponential growth” and “accompanied the country’s growth rate throughout the year.”
Companies in this sector during 2011 labor demanding and specialized personnel (technicians and professionals) and “corporate trend continues next year,” said Ricardo Wachowicz, president of Business Group Baytown.
Regarding mining, Argentina currently has 570 projects in exploration, construction and / or production only in 2010, and invested nearly 11,000 million pesos.
This involves more than two years creating at least 2,000 new SMEs in the mining services and the expansion and introduction of other new technologies in 3000.
“It’s important to include the national strategic suppliers that can contribute to a key element in the value chain such as human capital to hire companies that specialize in employment sectors which adds one more link in the chain bought the Argentine national employment records,” Wachowicz said.
On the labor demand of the trade, adding that “they were watching a number of very similar to seasonal orders last year, mainly in shopping malls, supermarkets and shopping”.
Another important sector in 2011 are tourism and gastronomy, which reached record numbers during the winter, with long weekends, and holidays Cope America, the latter showing the bridge in front of the holiday season Atlantic Coast by 90 percent and hotel occupancy areas such as Coy and CTF with a large acceptance of domestic tourists and foreigners.
About 70 percent of companies sued for the entire year in the fields of industry and commerce (37%) and administration (33%).
The company specializes in oil and mining, 12.6 percent called for more workers in 2010, while the development of culinary tourism and employees take more than 7 percent in 2010.
Posted in Oil MIning | Tags: company, developed, Mining, mining industry, oil, petroleum, tourism | No Comments »
Mineral achieve better value relative to the start of 2011
Prices of minerals have a better start, compares with the end of 2011. However, a lower value compared with the beginning of the year. Base metals and silver have fallen from last year, but gold rose.
This is the first working day of 2012, the price of $ 8.79 per pound lead us fine, much lower than the beginning of 2011, as quoted us $ 12.31. Decline in value was 29% as the decline of U.S. $ 3.52.
In the case of zinc, starting 2012 with a value of U.S. $ 0.82 a pound fines, years ago, was at U.S. $ 1.12, bringing the decline was from $ U.S. 30 cents (27%). Meanwhile, less than 30 December 2011, when the U.S. valued at $ 0.87.
Copper fell about a dollar a year, it is in $ U.S. 3.47 per pound of good and last year came to $, we 4.42 which means a reduction of U.S. $ 95 cents.
Posted in Mineral Exploration | Tags: Base metals, better value, Mineral, relative, Silver | No Comments »
Seabed Mineral Resources
Russia has begun to actively compete for seabed mineral resources. The International Seabed Authority (ISA) has approved a request by Moscow to conduct geological investigations in the sources of Kommersant Atlántico.Según sea, this is one of the largest untapped deposits in the world, copper and gold contents of between five and ten times that of landline. The project will be undertaken by the Geological Survey Expedition Polar and Marine Research Center VNII Okeangeologia, and has a budget of up to 43 million dollars over the next five years. Kommersant sources in the Russian government’s initiative shows that the Russian exploration of marine resources associated with a strong intensification of China in the same sector.
Russian Natural Resources Ministry announced on August 3, that the application for the exploration of mineral resources in the seabed was filed in December 2010 and approved on July 19 during a meeting at ISA headquarters in Kingston, Jamaica. In addition to Russia’s request, which was also adopted from China and Pacific island countries, Nauru and Tonga? This is the first time in history that the ISA authority without drilling in marine waters attached to the economic zone in accordance with specific circumstances.
Dario Vasilevskaya, deputy director of the department of state policies and regulations in the field of geology and exploitation of natural resources Natural Resources Ministry, told Kommersant that the contract with the ISA will be signed at the end of 2011 and will last for fifteen years, extendable to five. Explore the region that Russia has 100 blocks, each of 100 square kilometers and is located in the northern Cordillera Centroatlántica. Supplied minerals are found at depths of 2-4 kilometers. It is understood that Russia will have priority to exploit the deposits, according to the press service the Ministry of Natural Resources. The contract will last for two public companies: Prospecting Expedition Polar and Marine Geology Research Center VNII Okeangeologia.
According to information obtained by Kommersant, this exploration plans of one of the largest gold and copper deposits in the world, which is still unexplored. “In the land given to the Russians have found six promising sites. A rough estimate of the resources is between 50 and 70 million tones of dry ore body,” he told Kommersant Sergey Andreyev, deputy director of the department of geology and mineral resources Ocean World Okeangeologia VNII. “Keep in mind that the mineral content of rocks under the water several times larger than the earth’s surface.” According to experts, the average copper content in soil is 1%, while in submarine sulfide is given to Russia could be between 2.5% and 10% on average (maximum level is 30%) and a ton of rocks containing between 4 and 10 grams of gold. (17 g per ton maximum) If this assessment is confirmed, these resources will be comparable with those of the company Norilsk Nickel (Norilsk Nickel)… Read the rest of this entry »
Posted in Mineral Export | Tags: development, exploitation of minerals, investment, Mineral Resources, minerals, minerals in the sea | No Comments »
Aren’t All PV Solar Panels the Same?
The decision to have PV solar panels installed at your home is a major decision. For many people, it is an investment and the decision as to what type of panels are chosen and who installs them should be made as carefully as any other investment. A careful decision will bring tax-free, inflation adjusted income in addition to free, environmentally-friendly electricity to the homeowner.
In the UK, there are literally hundreds of MCS certified companies that install all types of PV solar panels which qualify homeowners to join the feed-in tariff scheme. Most companies offer choices of PV solar panels with the differences in panels being related to their efficiency and their looks.
PV solar panels are not all the same. The company performing the installation can determine what types of panels and what size system would be most beneficial, sticking within the homeowner’s budget needs. It is recommended that a person get at least three estimates before selecting an installer. But remember, the cheapest PV solar panels are not always the best investment as they may not be as efficient. As many solar panels have not been on the market too long, it is hard to judge their lifetime. Homeowners who believe they may be selling their home in the next 20 years or so should also consider the look of the panels from the eyes of a potential buyer.
Exploration and Production of Mineral Deposits That Could Contain Gold and Copper
Afghanistan Ministry of Mines has set up an auction to award concessions for exploration and production of four concessions that may contain mineral deposits of gold and copper.
The biggest concession is located in the province of Badakhshan in northern Afghanistan, consists of four areas of 250 square kilometers, as shown by the Afghan government might contain gold.
Two other deposits, north and west, which contain copper and four sites in the central province of Ghazi, a mixture of gold and copper, the ministry said in a statement.
The document does not specify a closing date of the auction. Since 1960 and 1970 has developed a small exploration work on the deposits.
The Afghan government relies heavily on the exploitation of mineral reserves, worth about $ 3 billion to boost the economy, which has been severely affected by decades of conflict.
However, analysts said the domestic investment interest will be limited by ongoing violence, which the UN is the worst since the US-led forces toppled the Taliban regime a decade ago.
“Afghanistan’s mineral resources have the potential to transform the nation’s economy,” said Minister of Mines Wahidullah Sahrawi said in a statement.
The government awarded a consortium of mining companies and steels in India, led by Steel Authority of India, the right to develop a large iron ore concession in Hajigak, in central Afghanistan last month.
Posted in Mining News | Tags: Copper, domestic investment, exploration, Gold, mineral deposits, Mining, production | No Comments »
Investment in exploration, development of exploration, and development of mining projects
Investment in exploration, development of exploration, and development of mining projects in the country will produce a new record during 2011, with more than 11,000 million pesos, representing a cumulative growth exceeding 5700% in the last 10 years. Greater diversification of funding sources.
Risk fund exploration and development of productive projects and come from 30 countries on five continents, according to projections from the National Directorate of Mining Planning Department Federal Ministry of Mines.
This study is based on the growth of business investment for the exploration of new deposits and the announcement of funding for development and progress of construction projects.
Percentage increase in investment is greater than 1570% compared with 2003, the year that then-President Nestor Kirchner formally launched the National Mining Plan, the first state program for the development of this activity.
Also, with the implementation of this plan set of policy measures to promote investment in the mining sector, which allows it to attract capital from around the world.
In this case the National Secretary of Mining, Jorge Mayor, said investment in the production and consolidation of new mining assets “to create more original work afincamiento basic infrastructure and the development of local suppliers, promote better rooting population and quality of life of the country ignored.”
Latin America, the main purpose of mineral exploration investment
Hand in hand with the demand for commodities from emerging markets, Latin America remains the world’s leading destination for investment in mineral exploration in 2010 and an estimated total investment in projects in this segment of the region’s economic reach in the period 2009-2015 more than 250,000 million dollars.
Mining in Latin America noted that the investment boom has made this sector, with renewable energy and wind power, in one of the most attractive for foreign investors. The latest figures announced by Metals Economics Group (MEG) World Exploration Trends in its 2011 (see attached), indicates that the area, led by Mexico, Peru, Chile, Brazil and Argentina, consolidated in 2010 as the goal of leadership in mineral exploration expenditure planned than other regions in the world have been able to win in two decades.
MEG report highlights that in 2010 there were 45% surge in investment in nonferrous mineral exploration, in response to rising metal prices and greater market stability. Thus, the amount of investment for mineral mining at 11,200 million dollars, a figure that rose to 12 100 million if the items are also contributing dedicated to finding uranium. Furthermore, “in 2010 gold is the ultimate goal of global exploration, with more than half the total budget, and the second copper,” reports Capital Madrid.
Five of the ten
Although Canada last year remained the largest destination as a place of exploration and mining investment, Mexico, Peru, Chile, Brazil and Argentina are among the top ten. Globally, a total of 2089 companies dedicated to candidates 11 680 million. These ten countries accounted for 69% of the total investment in the exploration and accumulation of the Latin America 27% (2.884 billion dollars). “In this region, investments will be concentrated (83%, 2.394 million) in Mexico, Brazil, Argentina, Chile and Peru,” said the portal.
According to figures from MEG, Mexico beat Peru in 2010 as a preferred destination for mineral exploration expenditure, standing fourth in the world and gets 22% of regional spending, primarily intended for the exploration of gold and silver. Andean countries, which fell from third to fifth, accounted for 20% of the investment. Chile moved from seventh to sixth place, with an investment of almost exclusively for copper. Brazil remains in ninth place in the world, with spending focused on nickel, copper, gold and industrial minerals. Argentina, with targeted investment gold, silver, lithium and potassium, moved to South Africa emerged as the most attractive location for mining tenth in the world. Colombia, without the typical department of mining investment, seen as it grew 65% last year. Read the rest of this entry »
Posted in Mineral Exploration | Tags: destination, exploration, investment, main purpose, mineral exploration, Mining, mining investment, mining operation | No Comments »
Debt Crisis That Affects The Price of Some Raw Materials, Including Wheat
If there are those situations in the market or the debt crisis and the more the climate that influences the price of some raw materials. For the price of wheat to which we must add the price of soybeans that Mays and moved strongly to beat the weather.
The volatility of prices of wheat, corn, and soybeans lived in the Chicago market suffered with developments on the weather, accompanied by doubts which were reflected in the commodity markets.
For now there is more concern about the crops of corn and soybeans from the U.S., Americans if we take into account who has spent a very wet spring that delayed plantings accordingly, and now suffers from warm and dry.
To all this price of wheat was limited by the over-harvesting on the world market, Russia has become sticking to export grain markets. As the Federation of Russian grain harvest have provided a reach of 58 million tons of wheat in 2011.
Even these figures are better than that provides USDA’s own Agriculture Department expected U.S. harvests of 53 million tons.
The markets for agricultural commodities showed tense to the news about the disagreement of the debt ceiling in addition to slowing growth.
Regarding prices, the bushel (35 liters) for delivery in September reached ($ 6.6550), compared to what happened a week ago when it hit a ceiling of (6.90 dollars) in the Chicago Board of Trade. While a bushel of wheat and maturing in September ($ 6.7250) decline, leaving behind his previous ($ 6.9225)
Posted in Agricultural Products | Tags: Affects, developments, materials, Price, Wheat | No Comments »