Deepening Democracy through Access to Information
Home / News / South African News RSS ← Back
Gold|Johannesburg|Africa|Coal|Copper|India|Mining|PROJECT|Africa|Asia|China|South Africa|United States|Product|Infrastructure|Iron Ore|Iron-ore|Roger Baxter
Gold||Africa|Coal|Copper|Mining|PROJECT|Africa||||Infrastructure|Iron Ore|Iron-ore|

Email this article

separate emails by commas, maximum limit of 4 addresses

Verification Image. Please refresh the page if you cannot see this image.

Sponsored by


Embed Video

Urbanisation of 3bn more people will boost mining - Chamber

28th March 2013

By: Martin Creamer
Creamer Media Editor


Font size: -+

JOHANNESBURG ( – The United Nations Population Division expects 3-billion more people to urbanise in the next 37 years, with significant inherent opportunities for mining, Chamber of Mines of South Africa senior executive Roger Baxter reports.

Urbanisation drives demand for minerals and metals and the materials-intensive nature of growth in emerging economies is expected to escalate in the next decade, caused by continued urbanisation and industrialisation.    


The infrastructure expenditure to accommodate global urbanisation is significant as is the quantity of minerals required to support it.

“Supply will struggle to meet the growth in demand,” Baxter calculates.


Some 800-million people will urbanise in Africa, the population of which is expected to double to 2-billion by 2050, and close to another 1-billion will urbanise in India, China and the rest of Asia in the same period.

“Despite the volatility in the short-term, the long-term fundamentals remain in place for continued growth in commodity demand,” he adds.

China’s economy has stabilised and is expected to grow at close to 8% in 2013 and the US economy is showing positive signs of recovery, with consumer confidence rising.

Fixed investment will mostly be into infrastructure in emerging economies.

The overall fixed investment rates are currently at some 25% of gross domestic product at the global level.

The critical minerals at greenfield project level are linked to the urbanisation and industrialisation theme, with copper taking the lead at 27% of total investment, followed by iron-ore at 21%, thermal coal at 16% and gold at 15%.


To subscribe email or click here
To advertise email or click here

Comment Guidelines

About is a product of Creamer Media.

Other Creamer Media Products include:
Engineering News
Mining Weekly
Research Channel Africa

Read more


We offer a variety of subscriptions to our Magazine, Website, PDF Reports and our photo library.

Subscriptions are available via the Creamer Media Store.

View store


Advertising on is an effective way to build and consolidate a company's profile among clients and prospective clients. Email

View options
Free daily email newsletter Register Now
Register Close