Essays on Mining Industry

Strategic Analysis Alacer Gold Corp and Gold and Mining Industry

Introduction Gold is a precious metal with high ductility and malleability, and it finds application as jewelry and investment. It is considered to be one of the safest bet for investment, especially during economic instabilities. Consequently, rapid political instabilities in the Middle East and financial crisis led to rapid increase in the price of gold worldwide. Technological innovation is also a major factor that affects the gold and mining industry. Therefore, the strategic analysis narrows on the gold industry, with a specific focus on Alacer Gold Corporation. It looks at the trends in the industry and how Alacer Gold ...

Business managers in Nigeria lack understanding of the business development process needed for successful growth in quarry in Akamkpa, Nigeria.

Requirements for the Degree of Prescott Valley, Arizona

Introduction

A quarry is like an open pit mine from where minerals are extracted that are mostly used in the construction of buildings and civil engineering works. Quarrying is a part of mining but is slightly different as it has a close connection with the society because different builder of a region requires material that is extracted in order to complete their work. There are not many restrictions for quarrying as it is open for all the contractors. Due to this reason all the managers and developers at different levels need to ...

Rio Tinto was a prominent entity with market leadership in global market leadership until 2010. The company had been considered for offering sustainable management practices related to mining for more than two decades. Mr. Sam Walsh, the Executive Director and Chief Executive Director of Rio Tinto Iron Ore Group addressed Australian-Japan Cooperation Committee in 2009 regarding significance of climatic alterations in mining industry. Stating, that there is a need to take serious initiatives to reduce uncertainties and exploit opportunities. Moreover, it is a responsibility of Rio Tinto to offer industrial solutions regarding greenhouse gas emissions and usage of alternative ...

Introduction

Quarry is a place that provides rocks, dimension stones, riprap, aggregates, gravel, sand, and other minerals and raw materials are excavated. Quarrying is included in the mining industry and is helpful to extract minerals and elements essential for civil engineering works and buildings. The output from quarrying is sold to different end users that carryout the marketing and promotions for the products. In Nigeria, Akamkpa Quarry is a source of stones and various forms of granite that are used for constructions and building works. The Quarry receives millions of dollars in international investment and contractors and international business rely ...

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Global Supply and Demand for Gold According to the World Gold Council, gold demand “reached 1, 290 tonnes” in the first quarter of 2016 (“Gold Demand Trends Q1 2016” par. 1). This grew to an increase of 21 per cent from past years, making it one of the largest quarters ever recorded. The council explains further that this increase was fuelled by “huge inflows into exchange traded funds (ETFs)” (“Gold Demand Trends Q1 2016” par. 1). This, in turn, was driven by “concerns” surrounding the changing financial and economic environment of the world (“Gold Demand ...

INTRODUCTION

Mongolia is located to the north of China and is said to host 10% of the world’s known coal reserves which is estimated to be equivalent to 162 billion tons. Coal export accounts for the largest chunk of total Mongolian gross domestic product (GDP) at roughly 22%. This is equal to approximately 80% of the county’s exports (Voroshilov 34). In the country, production and exportation of coal, specifically coking coal, is primarily undertaken by the Mongolian Mining Company (MMC). Coking coal refers to a type of coal that is absolutely essential to the process of steel production. ...

Background of Study

Quarrying is a part of the mining industry that focuses on providing some basic and vital elements for building and civil engineering works throughout modern nations. Unlike other aspects of mining, quarrying involves a close connection to the wider society since builders of all categories in a given region of a nation will need materials from quarries to complete their work. Most other mining activities are restricted to a few specialized activities that often lead to output which is sold to specific entities that market the products. However, quarries are opened to almost every contractor in a given nation. ...

Burma is heavily endowed with resources both renewable and non-renewable. Particularly, the country has the forest resource that has been over the years a major player in the economic growth of the country. Burma has different types of forests such as tropical rain forests and deciduous among many others. The forest resource is a source of employment for thousands, a source of livelihood and a major foreign exchange earner. For the rural dwellers in Burma, the forest resource is a source of food, fuel, shelter and also livelihood as they engage in the trade of forest products. The demand ...

Abstract

The quality of financial reporting by various companies affects the economy of the country in more ways than one. Apart from the economy of the country, the quality of audit and financial reporting affects the operation of the company as well. Effective disclosure and transparent finical reporting provide a necessary condition to maintain and assure the confidence of the stakeholders. This study seeks to investigate the relationship that exists between the type of corporate governance and the quality of audit among listed companies in Australia's Petroleum and Mining industry. It presents a review of previous and existing literature concerning ...

The federal government manages the mining rights and mineral ownership on public lands as regulated by the General Mining Law of 1872 and subsequent amendments. This law was enacted to permit mining claims practices that are currently being used during the California Gold Rush of 1849. They then a decade later spread through the West. The 1872 General Mining Law was beneficial as it promoted exploration, development as well as influencing the settlement of the territories in the West between 1804 and 1853 in US. However, this law has come under a strict scrutiny due to the fact that ...

Introduction

Mining activities can pose serious environmental and health implications. Although, these environmental and health hazards can be mitigated and effectively managed through sound engineering and environmental practices, these environmental and health issues associated with mining operations could not be totally eradicated. In general, there are three major players in the mining industry: the company, which include the employees and the stockholders; the regulatory bodies, which include the government and other national and international environmental organizations; and the community, which are not directly related to the mining industry, but is impacted by its operations. Each one of these stakeholders has ...

Which agreement is most generous, relative to the average wage in the relevant industry?

Wage increases Hours of work Labour process (see Boxall and Purcell 2011 Ch 1, p.13 - 16). For the dominant occupational group cover by the EA, is the labour process..

Does the EA have more, the same, or less job titles than its relevant Modern Award?

Note two distinctive substantive rules for each agreement Note one distinctive procedural rule for each agreement Note one clause that relates to work health and safety. Rate the agreements in terms of: Enterprise Industrial Relations Enterprise Industrial Relations In the mining industry, employment is full-time, casual, or part-time. From the beginning of employment, the employee is given a six month qualifying period within which their employment can be terminated ...