Posts Tagged ‘Mining’
Guarantee fund for new mining investment to face the possibility of environmental damage
Government proposals to establish a guarantee fund for new mining investment to face the possibility of environmental damage would be a kind of “Seat environment,” to introduce the concept of solidarity in assuming the risks inherent in their activities.
The idea would be to cover unforeseen possibilities in the mine closure plan, or for any environmental liability sectors, such as those proposed by the executive director of the Peruvian Environmental Law Society (SPDA), Manuel Pulsar-Vidal.
He said the official newspaper El Peru no need to recognize that one of the basic principles in the development of human activity is solidarity. “It would be something like Traffic Accidents Compulsory Insurance (SOAT).”
“One of the major risks of driving a car is to have traffic accidents, and how to show solidarity with the victims is to provide insurance coverage. Therefore, all handlers are required to pay,” he said as an example.
He said that in the case of mining will look like this. “If we realize that an activity has a negative impact and we want to minimize, avoid or prevent them, it would be more appropriate to have the resources to reverse this situation.”
Pulsar Vidal noted that these funds should be handled with total transparency. “The constitution will go through the trust and management by an entity that cans public-private partnership,” he suggested.
He added that these resources should not go to the Treasury because it has a procedure that can be very tricky, because one purpose of the fund will be easy to implement.
“The idea is that the environmental problems of a quick solution can be implemented using the bottom,” he said.
Government intention to establish a contingency fund as an interesting concept but need more details of the proposal for a complete analysis and identify its impact on the sector, said President of the National Society of Mining, Petroleum and Energy (SNMPE), Carlos del Solar.
He stated that the best will request additional information from the authorities involved in this activity.
On the other hand, said he agreed with the message given by the President of the Republic, Lolita Humana, during the 5 the International Business Forum of China-Latin America, while emphasizing the need to stop exporting only raw materials (minerals) and passed to offer value-added products are more high.
However, he said that in the case of a large mining sector investment needed to take a big step. “We are on track to achieve, but it is a slow process.”
He stressed the need to attract new investment into the mining sector, which is required for stable and attractive conditions for investors.
Posted in Mining Enviroment | 
Tags: development, environmental damage, human activity, interesting concept, investment, Mining, mining investment | 
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Mining, petroleum and tourism led to demand for labor in 2011
According to the company Baytown, these three sectors developed an exponential growth in demand for employees this year. The company specializes in oil and mining, 12.6 percent called for more workers in 2010, while the development of culinary tourism and employees take more than 7 percent in 2010.
According to reports Baytown, “is the mining industry, oil and tourism sectors to develop a three-exponential growth” and “accompanied the country’s growth rate throughout the year.”
Companies in this sector during 2011 labor demanding and specialized personnel (technicians and professionals) and “corporate trend continues next year,” said Ricardo Wachowicz, president of Business Group Baytown.
Regarding mining, Argentina currently has 570 projects in exploration, construction and / or production only in 2010, and invested nearly 11,000 million pesos.
This involves more than two years creating at least 2,000 new SMEs in the mining services and the expansion and introduction of other new technologies in 3000.
“It’s important to include the national strategic suppliers that can contribute to a key element in the value chain such as human capital to hire companies that specialize in employment sectors which adds one more link in the chain bought the Argentine national employment records,” Wachowicz said.
On the labor demand of the trade, adding that “they were watching a number of very similar to seasonal orders last year, mainly in shopping malls, supermarkets and shopping”.
Another important sector in 2011 are tourism and gastronomy, which reached record numbers during the winter, with long weekends, and holidays Cope America, the latter showing the bridge in front of the holiday season Atlantic Coast by 90 percent and hotel occupancy areas such as Coy and CTF with a large acceptance of domestic tourists and foreigners.
About 70 percent of companies sued for the entire year in the fields of industry and commerce (37%) and administration (33%).
The company specializes in oil and mining, 12.6 percent called for more workers in 2010, while the development of culinary tourism and employees take more than 7 percent in 2010.
Posted in Oil MIning | Tags: company, developed, Mining, mining industry, oil, petroleum, tourism | No Comments »
Exploration and Production of Mineral Deposits That Could Contain Gold and Copper
Afghanistan Ministry of Mines has set up an auction to award concessions for exploration and production of four concessions that may contain mineral deposits of gold and copper.
The biggest concession is located in the province of Badakhshan in northern Afghanistan, consists of four areas of 250 square kilometers, as shown by the Afghan government might contain gold.
Two other deposits, north and west, which contain copper and four sites in the central province of Ghazi, a mixture of gold and copper, the ministry said in a statement.
The document does not specify a closing date of the auction. Since 1960 and 1970 has developed a small exploration work on the deposits.
The Afghan government relies heavily on the exploitation of mineral reserves, worth about $ 3 billion to boost the economy, which has been severely affected by decades of conflict.
However, analysts said the domestic investment interest will be limited by ongoing violence, which the UN is the worst since the US-led forces toppled the Taliban regime a decade ago.
“Afghanistan’s mineral resources have the potential to transform the nation’s economy,” said Minister of Mines Wahidullah Sahrawi said in a statement.
The government awarded a consortium of mining companies and steels in India, led by Steel Authority of India, the right to develop a large iron ore concession in Hajigak, in central Afghanistan last month.
Posted in Mining News | Tags: Copper, domestic investment, exploration, Gold, mineral deposits, Mining, production | No Comments »
Latin America, the main purpose of mineral exploration investment
Hand in hand with the demand for commodities from emerging markets, Latin America remains the world’s leading destination for investment in mineral exploration in 2010 and an estimated total investment in projects in this segment of the region’s economic reach in the period 2009-2015 more than 250,000 million dollars.
Mining in Latin America noted that the investment boom has made this sector, with renewable energy and wind power, in one of the most attractive for foreign investors. The latest figures announced by Metals Economics Group (MEG) World Exploration Trends in its 2011 (see attached), indicates that the area, led by Mexico, Peru, Chile, Brazil and Argentina, consolidated in 2010 as the goal of leadership in mineral exploration expenditure planned than other regions in the world have been able to win in two decades.
MEG report highlights that in 2010 there were 45% surge in investment in nonferrous mineral exploration, in response to rising metal prices and greater market stability. Thus, the amount of investment for mineral mining at 11,200 million dollars, a figure that rose to 12 100 million if the items are also contributing dedicated to finding uranium. Furthermore, “in 2010 gold is the ultimate goal of global exploration, with more than half the total budget, and the second copper,” reports Capital Madrid.
Five of the ten
Although Canada last year remained the largest destination as a place of exploration and mining investment, Mexico, Peru, Chile, Brazil and Argentina are among the top ten. Globally, a total of 2089 companies dedicated to candidates 11 680 million. These ten countries accounted for 69% of the total investment in the exploration and accumulation of the Latin America 27% (2.884 billion dollars). “In this region, investments will be concentrated (83%, 2.394 million) in Mexico, Brazil, Argentina, Chile and Peru,” said the portal.
According to figures from MEG, Mexico beat Peru in 2010 as a preferred destination for mineral exploration expenditure, standing fourth in the world and gets 22% of regional spending, primarily intended for the exploration of gold and silver. Andean countries, which fell from third to fifth, accounted for 20% of the investment. Chile moved from seventh to sixth place, with an investment of almost exclusively for copper. Brazil remains in ninth place in the world, with spending focused on nickel, copper, gold and industrial minerals. Argentina, with targeted investment gold, silver, lithium and potassium, moved to South Africa emerged as the most attractive location for mining tenth in the world. Colombia, without the typical department of mining investment, seen as it grew 65% last year. Read the rest of this entry »
Posted in Mineral Exploration | Tags: destination, exploration, investment, main purpose, mineral exploration, Mining, mining investment, mining operation | No Comments »
Needed for Production Mining Deposits
The conditions necessary for production of quarry deposits
besides external factors of the skin and the coefficient of rock, it is necessary to consider the following production conditions (Crushers):
1. the deposits in the vicinity of the sub-transmission lines and the location of the branch. In this part of the quarry should be clarified by the possible routes from the product. By exploring the quarry, in any case, you must explain the evolution of road traffic in the period of a year, artificial constructs of state, the need for the construction of the new extension and measures to improve existing roads (Sales Crushers mobile).
2. The possibility of construction throughout the year, on the side of the river or in the vicinity of alluvial deposits, we must consider that if the mine is at risk when flood, this is particularly important.
3. The preparatory work before mineral deposits, the possibility of using local trees in the following construction. Read the rest of this entry »
Posted in Production Mining | Tags: deposits, mineral deposits, Mining, product, production | No Comments »
Mining real investment boom in Latin America
Latin American mining recorded a real investment boom that has made this sector, with the renewable energy and wind power, in one of the most attractive for foreign investors. Hand in hand with the growing demand for commodities from emerging economies, especially China and India, Latin America remained the world’s leading destination for investments in mineral exploration in 2010 and is expected to total investment in projects economic segment of the region meet in the period 2009-2015 more than 250,000 million dollars. In global terms, and only in major mining countries in the region, current projects require an investment of 37,000 million dollars over the next two years.
Although traditional mining (excluding oil), contrary to what happens in renewable, where the presence of Spanish companies is large, technologically leading and increasingly intense in Latin America, Spain lacks vigorous groups and significant international focus, the situation generates large indirect investment opportunities for our firms. Especially for companies in engineering, infrastructure and supply of equipment, which can become suppliers of new mining technologies most dynamic countries, for which the mining sector is key (Chile, Brazil, Peru, Colombia), need to optimize facilities and undertake the development of new centers.
The latest data from industry worldwide, announced by Metals Economics Group (MEG) in its Global Exploration Trends 2011, indicate that Latin America, led by Mexico, Peru, Chile, Brazil and Argentina, consolidated in 2010 as the destination of leadership planned mining exploration spending than any other region of the world has been able to snatch in two decades, since 1994.
The MEG report highlights that in 2010 there was a 45% surge in investment in nonferrous mineral exploration, in response to rising metal prices and greater market stability. Thus, the investment amount for such mining of minerals amounted to 11,200 million dollars, a figure which rises to 12,100 million if the items are also accounted dedicated to search for uranium. Thus, the industry sector last year recovered nearly two thirds of the 5,500 million dollars in exploration that were cut in 2009 by the global financial crisis, and approached a record reached in exploration spending in 2008: 13,200 million dollars. In 2010, gold was the main focus of exploration worldwide, with over half the total budget and copper was second. Read the rest of this entry »
Classification of Environmental Impacts
The impact produced by mining from the environmental point of view can be classified in many different ways:
- As a direct or indirect impact on the environment.
- According to short or long term
- As reversible or irreversible (human scale)
- According to local or external
- Avoid or inevitable
Moreover, according to environmental aspects that change can be
- Actions that change the land use
- Actions that involve the emission of pollutants (solids, liquids, gases and other: noise, air wave)
- Actions that involve exploitation of resources (water)
- Actions that involve the modification of the landscape (almost)
- Actions that affect infrastructure
- Actions that change the social, economic and cultural (economic impact). Read the rest of this entry »
Posted in Mining Impact | Tags: Economic impact, Emission of pollutants, Environmental Impacts, Exploitation of resources, Mining | No Comments »
The Environmental Impact of Mining
Mining, like most of the activities the man does for their livelihood, make changes in the natural environment, from the subtle to the clear account impacts on the environment in which they develop.
This leads us to define the concept of environmental impact of an activity: the difference in the environment between the time the activity begins, the time the activity takes place, and above all, the moment of completion.
These questions, which a few years ago were not perceived as a risk factor for the future of humanity, now viewed with great concern that is not always justified, since man is altering the environment since it has been able to do so, but certainly abuses in this field have led to growing awareness of the need to regulate these impacts. Either way, it should also be clear that the man needs the mineral resources today, and the need in the future. Another point to note is that mining is infinitely less powerful than other industrial activities, such as the development of civil works (visual impact, modifying the original media) and agriculture (massive use of chemical pesticides, fertilizers).
Thus, at present there are very strict rules about the impact that a mine can produce, including regulation of the composition of the liquid waste, emissions of dust, noise, landscape restoration, and so on., Which indeed often very challenging to meet the high economic cost, but undoubtedly have to be made to carry out the operation. Read the rest of this entry »
Posted in Mining Impact | Tags: Chemical pesticides, Emissions, Environmental, Impact, Landscape restoration, Mining | No Comments »
Ecological Impact of Mining
The ecological impact of mining can be summarized as follows:
* Salting, drying and water shortages because of the enormous quantities of fresh water required for the extraction process
* Release and migration of heavy metals in the ecosystem
* Displacement of thousands of tons of ore causes sedimentation in rivers, vulnerability to wind and water erosion
* Environmental liabilities after the exploitation and destruction of the original ecosystem of the site
* Migration of highly toxic cyanide in groundwater and surface water and ecosystem
* Drainage acid, which is a major threat particularly in the extraction of sulfides.
Harmful effects of cyanide
Current technology for gold mining to separate uses cyanide gold from the non-valuable minerals. Cyanide is a highly toxic, the lethal dose for humans is 50-200 mg. However, on reaching the environment cyanide, heavy metals are linked to cyanide in the long run are the biggest problem. Cyanide breaks down relatively quickly, however heavy metals remain forever in the environment.
Acid drainage
Acid drainage is a serious problem in many metal mines, since metals such as gold, copper, silver and molybdenum are often associated with sulfides. By not controlling acid mine drainage, filter streams, rivers and groundwater. Acid water and heavy metals are lethal to fish, animals and plants and can still cause damage to the environment indefinitely after mine closure.
Opencast mining and the original ecosystem Read the rest of this entry »
Posted in Mining Impact | Tags: Cyanide, Ecological, Environmental, Harmful effects, Impact, Mining | No Comments »
Mining and Globalization
Over the past century, world population quadrupled. This huge burden on the Earth, it is displayed only on climate change but also the scarcity of resources and energy. The great geopolitical power, aware of the increasing difficulty of access to natural resources, aimed at ensuring its supply of energy and materials. The growth in prices due to resource and energy shortages – such as minerals, metals, oil and gaz – produce geopolitical turmoil and a new boom in the extractive industries sector.
Between 1999 and 2006 the average price of crude metals trebled. Since 2005 the price of uranium has increased sixfold and the price of copper has doubled. Never before have large mining consortiums have had a very promising future.
During the last five – ten years, there have been almost all the conditions for rapid (re) territorial and economic colonization of the South, or that today is called the “second colonization” or “second gold rush “. Now, if economic entities, especially multinational corporations, have replaced the Western nation-states in their role as colonizers.
Globalization is the phenomenon of global integration faster and faster crecienda economic interactions, technological innovations, cultural influence and political structures. The neoliberal economic model appeals to states in the South to open their borders to direct investments by Western companies, often with the discourse of “free trade fair competition” and the idea that only foreign capital, technology and economy oriented export can help you out of the depression. Read the rest of this entry »
Posted in Mining News | Tags: Economic, Globalization, Industries sector, Mining, Resources | No Comments »