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 ...
The responsible development of gold resources both through large-scale mining (LSM) and ASGM, especially when coupled with sound governance, has the potential to deliver broad social and economic benefits to individuals, …
As part of ESI's Program on Mining and the Circular Economy, Odell researches the impacts of extractive industries on local environments and communities, especially in Latin America. He discovered that hydrosocial displacements are often in regions where the mining industry is vying for use of precious water sources that are already stressed ...
Other good things about mining's impact on the economy are the technological and productivity gains that help not only the mining industry, but are also transforming other sectors. And we consider one of the biggest and most positive impacts of mining are the boosts in jobs, wages and community funding that mining companies make to local ...
The reason for this was to develop a general overview of the socio-economic and environmental impacts of small-scale gold mining, as it is evident that in these sites there have been ASM gold rushes in the recent past. ...
The report looks at the social and economic impacts of gold mining, analysing both direct and indirect impacts and covering a substantial portion of corporate, costed gold production (and …
In 2021, we published a report The social and economic contribution of gold mining, which quantified the impact that our members are having in host countries.World Gold Council member companies have committed to demonstrable standards of responsible and sustainable business practice and their data provides a compelling insight into the socio-economic contribution …
This review examines the impact of mining on the Ghanaian economy from 1992 to 2020. The purpose of the study is to comprehensively analyse the effects of mining on economic growth, employment ...
Known as Ghana following independence in 1957, the extraction of gold and other resources continues and contributes enormously to economic development.3 Mining accounts for about 9.1% of Ghana's gross domestic product (GDP) and employs almost 300,000 people.4,5 Notwithstanding the role played by mining to the socioeconomic development of Ghana ...
This literature review addresses on socio-economic and political impacts of the extractive (mining) industry. The paper reveals 27 different impacts (23 socio-economics and 4 political) associated ...
In 2020, the WGC member companies produced 34.5 million ounces of gold and were able to contribute close to US$38 billion to the GDP of countries they operate in. World Gold Council member companies have committed to demonstrable standards of responsible and sustainable business practice and their data provided a robust sample to allow us to ...
7.1 Identified Gaps in Understanding Gold Mining Impacts. Gold mining despite its socio-economic benefits poses significant habitat and social conflicts. Notwithstanding extensive research, gaps exist in the understanding of its full consequences, which are crucial for developing viable extraction actions particularly, in key areas 1
An intro to Canada's vast mining sector, including its impact on the economy and the innovations that will set the global standard for mining in the future. ... According to a study commissioned by the Ontario Mining Association, the economic impact of one new gold mine in Ontario can create ~4,000 jobs during construction and production, and ...
Despite improvements in gold mining practices over the past century and new regulations designed to limit mining's impacts, this industry continues to wreak havoc upon landscapes across every ...
This study result, namely: (a) Gold mining have negative impact on social, economic, and cultural of communities around the gold mining area. Social, economic, and cultural societies tend to be in better shape before the gold mining, (b) Average income communities after the gold mining increase by $68.67 per month. Farmers who
There are a number of key areas where gold mining makes a very significant contribution to social and economic development. In a recent report, we analysed the impact of our members' operations globally.
Economic Benefits: Gold mining can create employment opportunities, contribute to infrastructure improvements, and generate long-term economic growth and stability. Environmental Impact: Gold mining can result in the destruction of habitats, contamination of water sources and soil, and loss of biodiversity. ...
Artisanal gold mining is a growing threat to savanna biodiversity conservation (Bruner et al 2001, Cabeza et al 2019).In Africa (Ghana, Madagascar, Zimbabwe), efforts have been made to manage challenges emanating from the need to mine within protected areas with minimal success (Gandiwa and Gandiwa 2012, Owusu-Nimo et al 2018, Cabeza et al …
Several researchers have documented the environmental and socio-economic impacts of gold mining in other countries [5–8]. However, due to research specialization and discipline-specific worldviews, seldom does research integrate the natural and social dimensions of the impacts of gold mining in a single paper [8,9]. For instance, in Ghana ...
This research study examines the significant negative effects that gold mining operations have on the environment and the community in Ghana's Asutifi North District over the period of ten years ...
The report states there is a positive correlation between growth in gold mining's impact on host economics and improvement in income status in these countries. Over 60 percent of the top 30 gold producing countries are …
The mining industry forms an important pillar of the global economy. While the economic impacts of mining have been thoroughly explored and social impacts recently have received growing attention ...
And I learnt that small-scale artisanal mining has particular challenges that are not seen in large-scale mines, including the association of gold mining with health problems from psychosocial, cardiovascular, respiratory and sexual risks, nutritional, water and sanitation issues, and resulting in malaria, upper respiratory tract diseases ...
Topics covered by the new report are the total economic contribution, the number of gold jobs around the planet, what sort of income is in host nations, how gold's contribution has …
Based on a literature review, this article presents environmental impacts of the mining (also know as the extractive) industry. The article presents details of 11 main environmental impacts ...
Keywords: Lao PRD, Gold Mining, Gold Production, Impact, Economy. Introduction. Laos consists of four units according to a geological structural point of view [1, 2], as follows:
Impacts of Gold Mining—With Special Reference to South Africa. Mining 2023, 3, 205–220.https:// ... South Africa's largest city and the economic heartland of the country [2]. It is the world's
Gold mining plays a significant economic role in the vicinity of Akobo River, Gambella, South-Western Ethiopia; yet the rudimentary nature of artisanal and small scale gold mining activities often caused extensive degradation and shocking environmental as well as social-conditions. The aim of this study is to emphasize
In a no-mining-of-metals scenario, the entire economies of countries such as Suriname with its industrial gold mining, the Democratic Republic of Congo, where cobalt is king, and Mongolia, a ...
This article will explore the environmental and social impacts of gold mining, focusing on the threats posed to water resources, solid waste production, the destruction of natural habitats, and the social consequences of mining activities. ... Economic inequality: While gold mining can contribute to the economic development of a region, the ...
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