(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 ...

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 …

The mining value chain: A hidden gem | McKinsey

The mining value chain— which includes everything from extracting raw material to delivering products to customers—is the backbone of the industry. Companies that manage their value chain well can establish a significant source of competitive advantage and value creation. By contrast, those that neglect their value chain are likely …

(PDF) Mining and Community Development: Problems …

Then it explores four types of local-level practice challenges: con-. ceptual, organizational, political and temporal. In conclusion, it considers. possibilities for local-level CD practice in ...

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.

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 …

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 international conferences in recent years, are increasingly being misconstrued. It has become particularly challenging to apply these environmental …

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 …

Global Sourcing Strategy: An Evolution in Global …

Academics and consulting companies have advocated global sourcing as one of the key drivers of superior corporate strategy that has a direct impact on marketing performance, including market share ...

Review A review of sustainable mining and resource …

We propose that assessment of sustainability in mining should encompass a systems view of mined materials in society, emphasizing existing environmental …

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 ...

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 …

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.

Competitive Advantage Definition With Types …

Competitive advantages are conditions that allow a company or country to produce a good or service at a lower price or in a more desirable fashion for customers. These conditions allow the ...

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 …

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 ...

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.

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 …

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 …

Innovation in the Mining Industry: Technological …

52 Citations. 46 Altmetric. 4 Mentions. Explore all metrics. Abstract. Innovation plays a critical role in the mining industry as a tool to improve the efficiency of …

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 ...

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 …

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 …

Mining Industry

Application of Cloud Computing Technology in Mining Industry. S.K. Chaulya, G.M. Prasad, in Sensing and Monitoring Technologies for Mines and Hazardous Areas, 2016 7.5.3.10 Process Improvement. Mining industries need process improvements across all facets including mineral extraction, processing, transportation, and marketing to remain …

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 …

Review A review of sustainable mining and resource management

These examples of actions developed with assistance of a sustainability framework by a major mining and production company illustrate the kinds of advancements being made in reducing the environmental impacts of mining and production operations. Incentives to consider the entire life cycle of the material, …

Mining and Local Economic Development

applicability to the mining sector. To appeal to a wide range of end users, the Local Economic Development and Mining Toolkit includes three main components to meet the needs of different audiences. These include (a) a self-playing presentation to promote the concept of LED, targeted at top officials of mining companies and

One concept fits it all? On the relationship between geoethics and

Existing scholarship on the structural characteristics of the global mining economy identifies three types of mining companies that have dominated the metals and minerals industry in the past 40 years: major (or senior), mid-tier (or intermediate), and Junior firms (Everett and Gilboy, 2003; Dougherty, 2013, 2016).

Sustainable development in the mining industry: clarifying …

The paper concludes by presenting a case study of two Canadian mining companies, Rio Algom and Placer Dome Inc. — the management of both of which has been active in improving the sustainability of mine operations — in an attempt to illustrate how selected mining companies are embracing sustainable development at the …

Australia's Mining Industry Trends in 2024 and Beyond

Climate change and achieving net zero. Mining has long been a significant source of income for Australia, generating around AUD 455 billion of export revenue in the 2023 financial year. However, the current push toward net-zero targets necessitates an annual 11% reduction in global coal production, aiming for a complete phase-out of unabated ...

Production: Meaning, Definition, Types and Factors

Let us make an in-depth study of the meaning, definition, types and factors of production. Meaning of Production: Since the primary purpose of economic activity is to produce utility for individuals, we count as production during a time period all activity which either creates utility during the period or which increases ability of the society to create …

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 ).

Productivity in mining operations: Reversing the …

What is clear is that with the collapse in mining profitability over the past three years, the industry is seeking once more to raise productivity. In this article, we describe our index, …

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 …

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.

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 …

Full article: An econometric approach on production, costs …

Authors conclude that such effects endanger the future of mining companies, therefore reducing production costs would be advisable. Concerning the coal price in China, Li, Zhou, and Lu ( Citation 2009 ) analyse the economic conditions of coal mining and show that total coal cost influences coal prices and optimal resource allocation.

The global mining industry: corporate profile, complexity, …

We offer (1) an estimate of the number of companies that lie at the core of the global mining community: some 25,000 operating in about 140 countries (using data from the mid-2010s); (2) a profile ...