A
GLOBALCOUNTRYSTUDYREPORT
ON
“ASTUDYONMININGINDUSTRYINETHIOPIAGUJARAT
MAHARASHTRA
SUBMITTEDTO
(OakbrookBusinessSchool)
GUJARATTECHNOLOGICALUNIVERSITY
(MBAPROGRAMME)
SUBMITTED BY:
Name Enrollment no.
Siddhi Suthar 148320592049
Viraj Dave 148320592008
Deependrashingh 148320592009
Sanjay Rajput 148320592083
Mayank Prajapati 1483205920
Country Overview
• Ethiopia:
Ethiopia is a landlocked country and oldest independent in
north-east Africa It is bordered by Eritrea Kenya,somalia ,
sudan and has population of 94.1 million
• Maharashtra:
Maharashtra is 3rd largest ,2nd most populous ,15th largest
and 9th most literate state of the 29 states of the
demographic republican of India
• Gujarat
Gujarat is a state in the western part of India known locally as
jewel of the western part of India
MiningIndustry
• Mining is the foundation of industrial civilization . It is the
process of extracting minerals like Gold , Silver ,nickel, and
Uranium (metallic)and salt, potash ,coal and oil(nonmetallic)
formations that concentrated naturally in the earth.
• Mining industry deals with the process or business regarding
extraction of ore or minerals from mines. The act of extracting
is normally done by the government authority , individuals
entrepreneurs or may be by small business owners .
Government agencies , multinational companies or any public
sector company generally take the responsibility of extracting
mines as the entire process of extraction require a large
amount of capital
Latest newsin Ethiopiaaboutmining
• Allana potash sold to Israel chemicals for $137 million
• Canadian junior miner allana potash corp.(TSA:AAA) has
Agreed to be acquire by fertilizer giant Israel chemicals
Ltd.(ICL) after failed to raise the capital it needed to remain as
a standalone company
• “considering the generally challenging financial environment
for junior mining companies , we would expect the short and
long-terms financing needs of allana to included potentially
significant dilution (method of stock calculation) to Allana's
current shareholders “, Allana chief executive , Farhad Abasov,
said in statement
• (March 2015)(bbcnews.com)
Gujarat miningindustry
• Gujarat Mineral Development Corporation Limited (GMDC) IS
MAJOR MINERLS AND LIGNITE MINING COMPANY OF THE
India . It is state Owned by government of Gujarat .GMDC was
founded in 1963. its corporate headquarters is at Ahmadabad
• Its product ranges included essential energy minerals and
lignite , base metals and industry like bauxite and fluorspar.
Gujarat government as given its green signal to GMDC to from
a joint venture with NALCO( National Aluminum Company
Limited ,Orissa, India) for a 1 mtpa( Million ton per Annum )
refinery
ComparativeAnalysisof Ethiopiaand Gujarat
Ethiopia Gujarat
sociological There are four major social group in
high ranking lineages followed by low
ranking lineages .
Automobile are difficult to obtain and
ownership of car is symbol of wealth
and mining industry include largely
low ranking or slaves in Ethiopia
Gujarat economy
backbone by mining
industry and so there
large number of minerals
are associated with it
and though the different
social class are also
associated with industry
Ethiopia Gujarat
Technological New technology developments
will have an impact on all areas
of the mining value-chain. These
include robotics and
mechatronics and diagnostic
sensors, which will impact on
increased productivity and safety
in mineral exploration, mining
and mineral processing
Advances in computer
technology the integration of
remote sensing tools into mining
applications will also increase
In the case of mining
equipment, the technology
depends on the mining
operations prevailing in the
country. In Gujarat, open cast
mining is much more popular
than underground mining.
Mining sector, the leaders are:
Written, Atlas Copco, Liebherr,
Joy Mining
Machinery, Hitachi, Komatsu,
Terex, Ranson&Rappier,
Bucyrus Erie
Ethiopia Gujarat
Political Terrorism is a real threat in
Ethiopia. As other factors
inflation and infrastructure are
affecting the mining industry to
growth and also the and local
services are severely
underdeveloped
Political factors government
and their framework is
affected to the industry and
Mineral extraction today is
dictated by the market forces
and cartels controlling the
price according to the
profitability rather than for
the benefit of society or a
community.
Ethiopia Gujarat
Economical The mining sector to the national
economy has so far reached a
maximum of 6%. The federal
government has been collecting
royalty amount 48.5 Million Birr (4.4
Million USD) from the large scale
production of gold every year for
the last three years.
The costs and profits of
mining are not fairly
distributed and in many
cases the profits even
don't live up to the costs,
as a result of the
enormous passive social
and ecological costs
The contribution of
mining industry is very
positive impact on the
mining industry
Ethiopia Gujarat
Environmental Environmental factors include
the weather and climate change.
Changes in temperature can
impact on many industries
including farming, tourism and
mining
The exposed excavations
and abandoned mines
are competent of
polluting the surface and
ground waters and raise
harmful air-borne dust.
Ethiopia Gujarat
Legal Mining license : this license
shall cover the area
reasonable necessary to
carryout mining operations it
shall also be transferred
assigned or encumbered with
the prior approval of the
licensees authority
Validity time of mining
licenses renewal and cost of
license depend upon the type
of licenses
The relevant rules in force under
the MMDR Act are the Mineral
Concession Rules, outlining the
procedures and conditions for
obtaining a prospecting license
or a mining lease, and the
Mineral Conservation and
ExpandmentRules, that lay down
the principles for ensuring
mining on a scientific basis and
Ethiopia Gujarat
Ethical There is systematic
exploitation of workers,
particularly child workers.
According to government the
right to choice of
employment and favorable
working conditions is basic
human rights
The government introduced
ethics pact to be sighed with
its various business associated
with it included vendors
,suppliers,services,provied etc
For any signatories the worker
can directly requested to
leaders of the company.
S.W.O.TAnalysis
Ethiopia Gujarat
strength Strong reserve and resource base ,
Rapid expansion of operations ,
Discovery of new ore bodies , loyal
customers .
Strong assets, strong Financial
positions , Nationalized , Strong
negotiating power
weakness
high cost of the produce unfriendly
to mining and oil industries are
sensitive , Unstable Gold and
copper prices , old
technologies;
Limitedoperationsprocessironandsteel
plants inGujaratonlyformining
opportunity Securing of large mineral districts ,
Invest in infrastructure , Expand
mineral production ,
Investment in mechanization and
improvementintechnology
Diversificationinotherminerals
Threats Government and taxation policies ,
Global recession leading to high
interest rates and low markets ,
Delays in acquisition of new mines ,
Threatofunstableeconomy
Regulatory pressures on business ,
Presenceofprivateplayers
Findings
• The mining service sector is actively contributing to raise
employment opportunity by developing their skills.
• Conducive circumstance for investment, abundant resources,
political stability and economic growth are the major reasons
that catch the attention of more investors to Ethiopia.
• The mines department plays a key role in effective and
economic Industrial Development. It initiates opportunities to
develop fast growth in small scale, medium and Large-scale
Industries.
Conclusion
• Mining industry in Ethiopia and Gujarat immerging industry.
Business opportunity can be high for both. Ethiopia with
cheap labor meet the technology of Gujarat can make a god
growth of mining industry and highly import export possible
between Ethiopia and Gujarat.
Thank you

Presentation on ehiopia

  • 1.
    A GLOBALCOUNTRYSTUDYREPORT ON “ASTUDYONMININGINDUSTRYINETHIOPIAGUJARAT MAHARASHTRA SUBMITTEDTO (OakbrookBusinessSchool) GUJARATTECHNOLOGICALUNIVERSITY (MBAPROGRAMME) SUBMITTED BY: Name Enrollmentno. Siddhi Suthar 148320592049 Viraj Dave 148320592008 Deependrashingh 148320592009 Sanjay Rajput 148320592083 Mayank Prajapati 1483205920
  • 2.
    Country Overview • Ethiopia: Ethiopiais a landlocked country and oldest independent in north-east Africa It is bordered by Eritrea Kenya,somalia , sudan and has population of 94.1 million • Maharashtra: Maharashtra is 3rd largest ,2nd most populous ,15th largest and 9th most literate state of the 29 states of the demographic republican of India • Gujarat Gujarat is a state in the western part of India known locally as jewel of the western part of India
  • 3.
    MiningIndustry • Mining isthe foundation of industrial civilization . It is the process of extracting minerals like Gold , Silver ,nickel, and Uranium (metallic)and salt, potash ,coal and oil(nonmetallic) formations that concentrated naturally in the earth. • Mining industry deals with the process or business regarding extraction of ore or minerals from mines. The act of extracting is normally done by the government authority , individuals entrepreneurs or may be by small business owners . Government agencies , multinational companies or any public sector company generally take the responsibility of extracting mines as the entire process of extraction require a large amount of capital
  • 4.
    Latest newsin Ethiopiaaboutmining •Allana potash sold to Israel chemicals for $137 million • Canadian junior miner allana potash corp.(TSA:AAA) has Agreed to be acquire by fertilizer giant Israel chemicals Ltd.(ICL) after failed to raise the capital it needed to remain as a standalone company • “considering the generally challenging financial environment for junior mining companies , we would expect the short and long-terms financing needs of allana to included potentially significant dilution (method of stock calculation) to Allana's current shareholders “, Allana chief executive , Farhad Abasov, said in statement • (March 2015)(bbcnews.com)
  • 5.
    Gujarat miningindustry • GujaratMineral Development Corporation Limited (GMDC) IS MAJOR MINERLS AND LIGNITE MINING COMPANY OF THE India . It is state Owned by government of Gujarat .GMDC was founded in 1963. its corporate headquarters is at Ahmadabad • Its product ranges included essential energy minerals and lignite , base metals and industry like bauxite and fluorspar. Gujarat government as given its green signal to GMDC to from a joint venture with NALCO( National Aluminum Company Limited ,Orissa, India) for a 1 mtpa( Million ton per Annum ) refinery
  • 6.
    ComparativeAnalysisof Ethiopiaand Gujarat EthiopiaGujarat sociological There are four major social group in high ranking lineages followed by low ranking lineages . Automobile are difficult to obtain and ownership of car is symbol of wealth and mining industry include largely low ranking or slaves in Ethiopia Gujarat economy backbone by mining industry and so there large number of minerals are associated with it and though the different social class are also associated with industry
  • 7.
    Ethiopia Gujarat Technological Newtechnology developments will have an impact on all areas of the mining value-chain. These include robotics and mechatronics and diagnostic sensors, which will impact on increased productivity and safety in mineral exploration, mining and mineral processing Advances in computer technology the integration of remote sensing tools into mining applications will also increase In the case of mining equipment, the technology depends on the mining operations prevailing in the country. In Gujarat, open cast mining is much more popular than underground mining. Mining sector, the leaders are: Written, Atlas Copco, Liebherr, Joy Mining Machinery, Hitachi, Komatsu, Terex, Ranson&Rappier, Bucyrus Erie
  • 8.
    Ethiopia Gujarat Political Terrorismis a real threat in Ethiopia. As other factors inflation and infrastructure are affecting the mining industry to growth and also the and local services are severely underdeveloped Political factors government and their framework is affected to the industry and Mineral extraction today is dictated by the market forces and cartels controlling the price according to the profitability rather than for the benefit of society or a community.
  • 9.
    Ethiopia Gujarat Economical Themining sector to the national economy has so far reached a maximum of 6%. The federal government has been collecting royalty amount 48.5 Million Birr (4.4 Million USD) from the large scale production of gold every year for the last three years. The costs and profits of mining are not fairly distributed and in many cases the profits even don't live up to the costs, as a result of the enormous passive social and ecological costs The contribution of mining industry is very positive impact on the mining industry
  • 10.
    Ethiopia Gujarat Environmental Environmentalfactors include the weather and climate change. Changes in temperature can impact on many industries including farming, tourism and mining The exposed excavations and abandoned mines are competent of polluting the surface and ground waters and raise harmful air-borne dust.
  • 11.
    Ethiopia Gujarat Legal Mininglicense : this license shall cover the area reasonable necessary to carryout mining operations it shall also be transferred assigned or encumbered with the prior approval of the licensees authority Validity time of mining licenses renewal and cost of license depend upon the type of licenses The relevant rules in force under the MMDR Act are the Mineral Concession Rules, outlining the procedures and conditions for obtaining a prospecting license or a mining lease, and the Mineral Conservation and ExpandmentRules, that lay down the principles for ensuring mining on a scientific basis and
  • 12.
    Ethiopia Gujarat Ethical Thereis systematic exploitation of workers, particularly child workers. According to government the right to choice of employment and favorable working conditions is basic human rights The government introduced ethics pact to be sighed with its various business associated with it included vendors ,suppliers,services,provied etc For any signatories the worker can directly requested to leaders of the company.
  • 13.
    S.W.O.TAnalysis Ethiopia Gujarat strength Strongreserve and resource base , Rapid expansion of operations , Discovery of new ore bodies , loyal customers . Strong assets, strong Financial positions , Nationalized , Strong negotiating power weakness high cost of the produce unfriendly to mining and oil industries are sensitive , Unstable Gold and copper prices , old technologies; Limitedoperationsprocessironandsteel plants inGujaratonlyformining opportunity Securing of large mineral districts , Invest in infrastructure , Expand mineral production , Investment in mechanization and improvementintechnology Diversificationinotherminerals Threats Government and taxation policies , Global recession leading to high interest rates and low markets , Delays in acquisition of new mines , Threatofunstableeconomy Regulatory pressures on business , Presenceofprivateplayers
  • 14.
    Findings • The miningservice sector is actively contributing to raise employment opportunity by developing their skills. • Conducive circumstance for investment, abundant resources, political stability and economic growth are the major reasons that catch the attention of more investors to Ethiopia. • The mines department plays a key role in effective and economic Industrial Development. It initiates opportunities to develop fast growth in small scale, medium and Large-scale Industries.
  • 15.
    Conclusion • Mining industryin Ethiopia and Gujarat immerging industry. Business opportunity can be high for both. Ethiopia with cheap labor meet the technology of Gujarat can make a god growth of mining industry and highly import export possible between Ethiopia and Gujarat.
  • 16.