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Economic And Environmental Impact Of Iron Mining
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The Environmental Problems Caused by Mining
A village was set up to support 15,000 miners working in the ruby mine near Ambatondrazaka, Madagascar. Photo: Pardieu et al. (2017). However, compared to many other industries such as agriculture, mining uses relatively small pockets of land, and the future of mining could move to using techniques that are arguably even less invasive on …
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Towards iron ore mining sustainability and low-carbon …
The research aims to unravel nuanced insights into the challenges and opportunities associated with attaining efficiency in iron ore mining in this diverse and …
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Social impact assessment in the mining sector: Review and comparison …
The Better Regulation guidelines provide a list of social impacts to be screened during the impact assessment, which includes a wide set of aspects. 7 Horizontal impacts (concerning the economic, social and environmental spheres) consist of economic and social cohesion, impacts in developing countries, sustainable …
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Environmental and Socio-Economic Impact of Mining on …
Mining areas often experience a climate of social tension due to the potential trade-off between expected employment impact and concerns for environmental damage.
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Iron and Minerals of the Future Initiative
Impact. After some 140 years of mining, the iron ore on the Mesabi Range is getting deeper and more expensive to mine. At the same time, energy costs are going up and markets are changing, along with concerns about environmental impacts.
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The mining sector of Liberia: current practices and environmental
A case study was conducted on one of the iron ore mines (China Union Bong Mines Investment) to analyze the effects of the water quality on the local water environment. The results show that the analyzed water sample concentrations were all above the WHO and Liberia water standard Class I guidelines for drinking water.
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Environmental and economic-related impact assessment of …
This paper uses LCA methods to assess the impacts of 5 iron ore top-mining countries and 10 steel top-producing countries, which helps understand the process efficiency in terms of environmental costs. We also calculate the unit GDP intensity …
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India's Mining Sector: Towards a Sustainable and Equitable …
Mining is an important activity for India. With 3527 mining leases for 40 major minerals, extending a total lease area of roughly 315,986 hectares, India is a major producer of crucial minerals. The mineral resource sector has the potential to impact environmental sustainability, social inclusion, and economic development.
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Impacts of the global iron ore sector
In turn, business strategies determine the social and environmental impacts of iron ore mines. Altain Khuder is currently the second largest iron ore producer in Mongolia.
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The Impact of Mining on Local and Global Economies
The mining sector's contribution to global trade is also significant, particularly for resource-rich developing countries. Many of these nations depend heavily on mineral exports, accounting for 10-20% of their GDP and 50% of total exports. 6 For example, in sub-Saharan Africa's top 15 mineral-rich countries, mining contributes 8% of …
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Mining industry and sustainable development: …
The extraction cost of base metals is large and its extraction usually requires intensive investment, the buildup of large infrastructures, and generally produces large environmental impacts (Fig. 3). As an …
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The Economic and Environmental Impact of Bitcoin
The controversies surrounding Bitcoin, one of the most frequently used and advertised cryptocurrency, are focused on identifying its qualities, the advantages and disadvantages of using it and, last but not least, its ability to survive over time and become a viable alternative to the traditional currency, taking into account the effects on the …
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Mining and biodiversity: key issues and research needs in …
2. The many ways mining activities impact biodiversity. Mining affects biodiversity at multiple spatial scales (site, landscape, regional and global) through direct (i.e. mineral extraction) and indirect processes (via industries supporting mining operations, and external stakeholders who gain access to biodiversity-rich areas as the result of …
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What We Know About Deep-sea Mining
Some also view deep-sea mining as an alternative pathway that can circumvent certain risks associated with mining activities on land. Since extraction activities would occur exclusively at sea, deep-sea mining is unlikely to be associated with environmental hazards such as deforestation and freshwater pollution that can impact …
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Quantifying the Impact and Importance of Natural, Economic, and Mining
The environmental quality of a mining city has a direct impact on regional sustainable development and has become a key indicator for assessing the effectiveness of national environmental policies. However, against the backdrop of accelerated urbanization, increased demand for resource development, and the promotion of the …
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A Review on Environmental Concerns and Technological …
Mineral process wastes, such as metallurgical slags nowadays, are of significant metals and materials resources in the circular economy. The usability of iron-making slag is well established; however, steel slag still needs to be utilized due to various physicochemical constraints. In this context, we have reviewed the global steel slag …
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The socio-economic impact of mining: a comparative study …
Mining is an activity that many African countries depend on, and Africa's export-oriented mining and quarrying is driven primarily by the commodity hunger of the world's largest economies. In developing countries commodity exports form the most significant portion of exports. Although economic benefits are present because of mining activities, due to …
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The role of the iron and steel sector in achieving net zero …
Iron and steel energy use is calculated using the future market shares of the different steel-making technologies and their fuel intensities. Energy use is subsequently …
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Economic Sustainability of Small Mining Towns: A Case …
The socio-economic challenges emanating from mine closures are well known (Ackermann et al., 2018a; Chapman et al., 2015; Marais, 2013b; Stacey et al., 2010; Tonts et al., 2012; World Bank, 2002) and the South African government amended the Mineral Petroleum Resources Development Act No. 28 of 2002 in 2013 to reduce the …
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Environmental and Socio-Economic Impact of Mining on …
Treatment of iron may be necessary if staining or taste is objectionable. 5.0 Conclusion While the potential economic benefits of mining is acknowledged in Nigeria, there is need also to recognize the negative impacts that come with it in order to find ways of handling them. ... Equally, the socio-economic and environmental impacts of mining on ...
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The Impacts of Mining Industry: Socio-Economics and Political Impacts
This paper reviews socio-economic and political impacts of the extractive industry based on a global literature review. The paper reveals 27 different impacts (23 socio-economics and 4 political ...
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Hard facts and envIRONmental impacts: An overview of …
However, large-scale environmental and climate impacts of steel production in its current forms present a significant drawback. Globally, iron and steel represent the largest …
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(PDF) SOCIO-ECONOMIC AND ENVIRONMENTAL IMPACTS OF COPPER MINING
Given this importance, the paper sought to understand the socioeconomic and environmental impacts associated with copper mining development using the case of Wildlife Management Areas (WMA) in ...
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How can metal mining impact the environment?
Material adapted from: Hudson, T.L, Fox, F.D., and Plumlee, G.S. 1999. Metal Mining and the Environment, p. 7,20-27,31-35,38-39. Published by the American Geosciences Institute Environmental Awareness Series. Modern mining operations actively strive to mitigate potential environmental consequences of extracting metals, and such …
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Environmental and social impacts of mining and their …
In recent years, changes in management techniques have efficiently minimised many negative impacts. Mining companies are also making efforts to reduce the environmental and social impacts of ...
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Costs, carbon footprint, and environmental impacts of …
Raw material demand will put strain on natural resources and will increase environmental problems associated with mining [6, 7]. ... Lithium iron phosphate (LFP) and lithium nickel cobalt manganese oxide ... Material and energy flow analysis for environmental and economic impact assessment of industrial recycling routes for …
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The Benefits of Copper Mining: Environmental, Economic, …
Another important aspect of copper mining is the recycling of the metal. Copper is one of the most recyclable materials in the world and recycling it can help to reduce the need for new mining operations. This not only helps to conserve resources, but it can also reduce the environmental impact of mining, as the recycling process …
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The mining sector of Liberia: current practices and environmental
Liberia is endowed with an impressive stock of mineral reserves and has traditionally relied on mining, namely iron ore, gold, and diamonds, as a major source of income. The recent growth in the mining sector has the potential to contribute significantly to employment, income generation, and infrastructure development. However, the …
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From Narrative to Evidence: Socio-Economic Impacts of Mining …
Canadian governments have regularly seen the North as a resource trough that would contribute to the wealth of Canada but also to the social and economic advancement of northern Indigenous people.
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Bibliometric and Scientometric Assessment of the Environmental Impact
The study's objective is to comprehensively analyse various facets of iron ore mining studies (Nagendra Kumar et al., 2014) and pinpoint gaps in existing research.It delves into the dynamics, challenges, and outcomes of iron ore mining, encompassing environmental sustainability, technological innovation, and economic considerations.
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(PDF) The Impact of Mining on the Ghanaian Economy: A …
The purpose of the study is to comprehensively analyse the effects of mining on economic growth, employment, government revenue, environmental sustainability, and social outcomes in Ghana.
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Mining
Mining is the process of extracting useful materials from the earth. Some examples of substances that are mined include coal, gold, or iron ore.Iron . ore is the material from which the metal iron is produced.. The process of mining dates back to prehistoric times.. Prehistoric people first mined flint, which was ideal for tools and …
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Iron ore in Australia and the world: Resources, production
The most important iron ore resources are in Australia, Brazil, China, India, Russia, and Ukraine. As per the USGS, the world's total economic reserves ("economically demonstrated resources (EDRs)" according to Geoscience Australia) are estimated at 170 billion tons (Gt) crude ore containing 81 Gt of iron (Table 22.1).Worldwide, iron ore is …
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Evidence of the impacts of metal mining and the …
A systematic map of research evidence on the environmental and social effects of metal mining in Arctic and boreal regions, and the effectiveness of mitigation …
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(PDF) The Economic and Environmental Impact of an Iron …
The Economic and Environmental Impact of an Iron Ore Terminal and DC in the Sultanate of Oman: A Case study on the Brazilian Mining Company vale.
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Environmental Impact | Iron Mining Association
Environmental Impact. The iron mining companies of Minnesota place environmental stewardship as company core values. Before any mining commences, Minnesota iron mines work with stakeholders, local, state and federal agencies; thorough environmental reviews are conducted, and permits to mine include environmental control requirements.
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