Mining productivity and the fourth industrial revolution
The purpose of this paper, as a tribute to John Tilton, is to take a very long-term look at productivity and to see what, cutting through the natural cyclical variations in productivity, the data tell us about past …
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The importance of sustainability in mining operations
Financial gains. In addition to a reduced environmental impact, mining firms can find the unexpected benefit of financial gains from improved sustainability. Though green policies can seem costly, they actually help to give a company a competitive edge. Plus the ability to recycle and reduce waste has clear links to an improved bottom line.
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Full article: An econometric approach on production, …
The coal (lignite) mines from the Oltenia region contribute significantly to generating power in Romania. The study aims to show that an increase in production …
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Innovation in the backward linkage firms in Ghana's gold mining …
The firms interviewed expressed an interest in adding value through the establishment of assembly and or manufacturing plants. Local manufacturing in the backward linkage firms could increase employment in the mining industry and hence increase Ghanaian content and benefit from mining. 4. Conclusion.
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What are the 5 Marketing Concepts Explained with Examples
Production Concept. The production concept is one of the earliest marketing concepts where the company focuses on the efficiency of its production processes. It is to produce the products cheaper to make it available to the mass population. The focus of the production concept is on the quantity, not the quality of the products.
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The global mining industry: corporate profile, complexity
The continuation and increasing importance of mining is inevitable as society embraces both the transition to a low-carbon economy and application of circular economy concepts. However, across many parts of society, there is an ongoing sense that those who are carrying many of the costs and risks related to mining particularly over …
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Sustainable Mining in Emerging Economies: A Case of
The use of sustainable mining practices in developing economies can be found in academic literature and industry reports. To support the use of sustainable practices identified in the study of Essah and Andrews (), secondary data from sustainability reports of four reputable mining firms in Africa were examined.In addition, an interview …
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Defining "cleaner production" and "pollution prevention" in the mining
Abstract. This paper examines the concepts of "cleaner production (CP)" and "pollution prevention" in the mining context. These terms, which have become the subject of important ...
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Corporate and public governance in mining: lessons from …
The Philippines sits atop vast mineral deposits estimated to be worth around 47 trillion Philippine Pesos. Yet, mining in the Philippines has a mixed track record as far as its impact on human and economic development is concerned. This paper tries to draw lessons from the Marcopper Mine in Marinduque, Philippines, using a framework—what …
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Financial reporting in the mining industry International …
companies in the mining sector. The debate about specific guidance for exploration, evaluation, development and production of mineral resources continues. This publication does not describe all IFRSs applicable to mining entities but focuses on those areas that are of most interest to companies in the sector. The ever-changing
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Review of Environmental and Health Impacts of Mining in …
Large-scale mining, also known as legal mining, generates more than 95 percent of the world's total mineral production and employs approximately 2.5 million people across the world.13 In Ghana, there are 19 large mining companies operating approximately 16 gold mines, one bauxite mine and one manganese mine.2 These …
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Corporate social responsibility and stakeholder engagement …
Even though the concept of Corporate Social Responsibility (CSR) has been applauded for several decades, the concept of stakeholder engagement is relatively new to the Ghanaian mining sector. This study investigates the CSR process of an extractive company and examines how stakeholders are engaged in CSR. Using …
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Productivity at the mine face: Pointing the way forward
The global mining industry has started to show some signs of life after three dire years. Prices and equity valuations have risen—albeit from low levels—for …
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Environmental Strategies in the Mining Industry: One …
Environmental permits and assessments are important to mining companies because they increase the time, costs, and risks associated with bringing a mine into production. Costs may rise because of expenditures on permitting and environmental assessment and on implementing changes in project design that the compliance process may require.
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A review of studies on sustainable development in mining …
3. Sustainable development studies in various stages of mining life cycle. 3.1. Stage 1: exploration and feasibility studies. These studies introduce methods in which the efficiency of the exploration phase of mining, in economic, social and ecological scales could be risen ( Kauppinen and Khajehzadeh, 2015 ).
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Sustainable development in the mining industry: towards …
The Mining Association of Canada (MAC) began its transition towards sustainable development in the 1980s. At that time, the MAC was the first association in the world to introduce an environmental policy intended for the mining industry (Fitzpatrick et al. 2011). The mining industry began to intensify its metal extraction activities in the …
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Strategic mine planning
The step-phase approach includes the following key steps. Evaluate different mining concepts including i.e. mining methods and size. Take the entire …
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Mining | Definition, History, Examples, Types, Effects, & Facts
mining, process of extracting useful minerals from the surface of the Earth, including the seas.A mineral, with a few exceptions, is an inorganic substance occurring in nature that has a definite chemical composition and distinctive physical properties or molecular structure. (One organic substance, coal, is often discussed as a mineral as …
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Perfect Competition
In the mining industry, firms must recognize an Asset Retirement Obligation (ARO) to restore the property to its previous state after the desired metals are extracted. An ARO refers to a liability that is …
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What is Production Concept? History, Examples, & Pros/Cons
The production concept relies on the idea that customers are inclined to choose products that are easily accessible and cost-effective. Businesses under this philosophy aim to maximize profits by producing large quantities, benefiting from economies of scale. This approach originated during the Industrial Revolution to meet high demands ...
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Discuss production concept in mining firms
discuss production concept in mining firms cbttranseu. WebThe marketing concept is the strategy firms implement to satisfy customers needs increase sales maximize profit and beat the competition. There are 5 marketing concepts that organizations adopt and execute. These are (1) production concept (2) product concept (3) selling concept (4 ...
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Governance in mining: Management, ethics, sustainability …
Highlights. The application of the concept of governance to the mining industry is explored. First an in-depth theoretical and historical review of the concept of governance is carried out. A mixed method study of 186 bibliographic references is undertaken, combining content analysis and conceptual network analysis.
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How can mining contribute to the Sustainable Development Goals?
The forthcoming report – Mapping Mining to the Sustainable Development Goals: An Atlas – helps mining companies navigate where their activities – from exploration, through operations and mine closure – can help the world achieve the SDGs. Governments, civil society and other stakeholders can also identify opportunities for …
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Mining, from The Report: Ghana 2022
MiningFrom The Report: Ghana 2022View in Online Reader. Mining. Mining is a key component of Ghana's national economy; the country is Africa's largest gold producer. The Covid-19 pandemic highlighted the mineral's prominent role, as gold is seen as a safe investment during uncertain times. While the mining sector faces challenges in terms ...
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Discuss Production Concept In Mining Firms
The 1872 Mining Law which governs the transfer of rights to mine gold So miners implemented their own customs codes and laws which Congress The lease extension Jul 28, 2013 discuss production concept in mining firms – Grinding discuss production concept in mining firms 47 3457 Ratings ] The Gulin product line, discuss production …
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The mining sector of Liberia: current practices and …
Mining technologies and processes. Currently there are four large-scale industrial mines (two in gold production and two producing iron ore) operating in Liberia with several others into exploration and mine development for both gold, but mainly iron ore (Table 1).Open cut mining method is generally employed by the operators.
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Rethinking the concept of small-scale mining for …
The purpose of this paper is conceptual analysis and critique, informing development of a modern technologically-advanced small-scale mining (SSM) concept. The need for SSM has recently been ...
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7.2 Production in the Short Run
Production is the process (or processes) a firm uses to transform inputs (e.g. labor, capital, raw materials) into outputs, i.e. the goods or services the firm wishes to sell. Consider pizza making. The pizzaiolo (pizza maker) takes flour, water, and yeast to make dough. Similarly, the pizzaiolo may take tomatoes, spices, and water to make ...
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(PDF) A project management approach for a mining stope
In a. project like a mining stope, the analysis of cost and duration becomes increasingly complex due to the. multiple risks and uncertainties inherent in the pr oject (Virine, 2006). CCPM is an ...
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Mining industry and sustainable development: time …
This article summarizes how important have been past mining activities and how important can be in the future, at least for some types of mining, and discusses the effects of mining, the trends in …
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