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Bullboard - Stock Discussion Forum Nevada Copper Corp NEVDQ

Nevada Copper Corp is a Canada-based mining company. The Company is engaged in the development, operation, and exploration of its copper project (the Project) at its Pumpkin Hollow Property (the Property) in Western Nevada, United States of America. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is undergoing a restart of operations, and... see more

GREY:NEVDQ - Post Discussion

Nevada Copper Corp > Zambian food shortage and copper mining.
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Post by bogfit on Mar 04, 2022 9:59am

Zambian food shortage and copper mining.

BEFORE THE WAR!

"According to the acute food insecurity analysis update in Zambia for the February-March 2021 projection period, an estimated 1.73 million people (25% of the analysed population) are likely to face high levels of acute food insecurity (IPC Phase 3 or above). This includes around 1.5 million people in Crisis (IPC Phase 3) and around 240,000 people in Emergency (IPC Phase 4), who will require urgent humanitarian action to reduce food gaps, protect and restore livelihoods.

The projection period coincides with the lean season in Zambia when most households rely on the market for food whilst poor households rely on casual labour opportunities for food and income. The impact of COVID-19 as well as dry spells and flooding in selected areas have reduced the capacity of these households to access food. Other factors that have affected these households include above average commodity prices and pests, such as the African Migratory Locusts.

However, due to the fair performance of the season in some areas, it is anticipated that households will rely on the pre-mature harvesting of crops as well as greens for both consumption and income sources. Out of the 64 districts analysed, 53 are classified in Crisis (IPC Phase 3) and 11 in Stressed (IPC Phase 2)."

Zambia: Acute Food Insecurity Projection Update February - March 2021 | IPC Global Platform (ipcinfo.org)

b.

Comment by bogfit on Mar 04, 2022 10:07am
  "Experts believe that food prices will climb significantly in the coming weeks, particularly in developing countries. One product in particular will be affected: wheat. Much of the wheat imports in Kenya come from Ukraine and Russia. "The wheat prices have already exploded here, and millers have very little access to capital," says Paloma Fernandes of the Cereal Millers ...more  
Comment by bogfit on Mar 06, 2022 1:13pm
" Elsewhere in East Africa, importers of wheat from the Black Sea region are already facing extremely volatile social and political circumstances that could be worsened by rising food prices." What does the war in Ukraine mean for Africa? (brookings.edu) b.