BUSINESS MAVERICK: Mining is crucial for life on Earth, says Anglo’s Cutifani — and he has a point

Anglo American CEO Mark Cutifani told the virtual Mining Indaba that without mining the planet could not support the human population. He has a point.

In the past, ESG sessions were held near the end of the Cape Town-based indaba, when many of the delegates who remained were nursing hangovers or looking forward to a trip to the winelands. More than one member of the panel remarked that it was a significant shift to have the session on the first day of an admittedly compressed indaba, which is down to two short days for its virtual 2021 version.

Solar panels are made from stuff that is mined. The batteries for electric vehicles depend on commodities that are mined, such as lithium. Then there’s the promise of hydrogen cells. PGMs are used as catalysts to cap harmful emissions. The PC that I am typing this story on is loaded with metals. So are cellphones. Indeed, I would be hard-pressed to find an appliance in my house that does not have some mined material in its make-up.

So, mining is vital in the modern world, and in that sense punches above its weight as measured by things such as GDP, employment, market capitalisation and dividend flows. But it does have a chequered past and present.

After being introduced to Mrs Linda I got skeptical at first but after I did proper research and gave it a try and in just 3week I've been paid twice and I'm at home, she's trustworthy, the only genuine person I've met to help me make money Lindastouffer4

Россия Последние новости, Россия Последние новости

Similar News:Вы также можете прочитать подобные новости, которые мы собрали из других источников новостей

BUSINESS MAVERICK: South African mining output rises in February after 12 consecutive months of contractionA green shoot has appeared in South Africa’s mining sector. Mining production rose 0.8% year on year in February, the first month since February 2020 in which it has not declined. The catch is that the number could still be revised up or down in the coming months.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

Business Maverick: Chicago Says Goodbye to CME’s Last Commodity Trading PitsIt’s the end of an era for open outcry commodities trading, made famous by the film “Trading Places” with Eddie Murphy and Dan Aykroyd.
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »

Business Maverick: Teslas Can Be ‘Tricked’ to Run Without Driver, Consumer Reports SaysConsumer Reports engineers said they “easily tricked” a Tesla Inc. vehicle to drive via its Autopilot feature without anyone in the driver’s seat, just days after a fatal crash in Texas where police said they found no one behind the steering wheel of a Tesla car. I've seen the pics. The article says they 'used a heavy chain' but you can LITERALLY JUST STICK AN ORANGE ON THE STEERING WHEEL. Its fucking hilarious
Источник: dailymaverick - 🏆 3. / 84 Прочитайте больше »