Mining is the extraction of minerals and other geological materials of economic value from deposits on the Earth. Mining adversely affects the environment by inducing loss of biodiversity, soil erosion, and contamination of surface water, groundwater, and soil. Mining can also trigger the formation of sinkholes.
The mining industry is one of the pillar industries of the manufacturing industry, characterized by high pollution, high energy consumption, and financial fragility.ESG ratings have a significant influence on the financial risks of mining industry companies. This paper employs quarterly data from Chinese listed mining companies …
Grant support. 71973054/Innovative Research Group Project of the National Natural Science Foundation of China (CN) This paper examines the impact of board characteristics on environmental accounting information disclosure for listed mining companies in China. Board characteristics were categorized into board size, independence characteristics ...
Environmentalists say deep-sea mining could cause critical damage to ecosystems that scientists know little about, yet mining companies argue that it is better for the environment than land-based ...
Data from the "China Environmental Statistics Yearbook" shows that in 2020, the amount of general industrial solid waste generated by the mining industry exceeded 2 billion tons, accounting for about 45% of total emissions, illustrative of the pressure it imposes on the ecological environment. Mining companies face substantial risks of ...
1. Introduction. The relationship between large-scale mining and development is contentious, especially considering that the benefits usually only go to a few people, with adverse social, environmental and economic impacts for the many (Silva, 2016; Ogwang et al., 2018; Melin, 2021).Although the consequences of mobilisation and …
The metals and mining sector is central to the climate, nature and energy nexus. Mining companies can better understand and manage their environmental …
Abstract. Sustainable mining is an objective as well as a tool for balancing economic, social, and environmental considerations. Each of these three dimensions of mining – and sustainable ...
The effects of mining for the clean energy transition Global climate change is understood to be the most pressing environmental issue facing humanity today. Mitigating climate change requires reducing carbon emissions by transitioning away from …
According to Ernst & Young (EY), environmental, social and governance (ESG) remains the greatest business risk/opportunity facing the global mining and metals sector in 2023. EY releases a report ...
The most critical environmental impacts at this mining project phase include: ... Effective community participation will protect project interests, promote democracy, increase accountability of projects, enhance project quality, enhance effectiveness of the EIA process, reduce conflicts associated with mining projects …
Anti-environmentalism is a set of ideas and actions that oppose environmentalism as a whole or specific environmental policies or environmental initiatives. Criticism of environmentalism can come both from outside the movement and from within, as it represents a variety of ideas and political positions. Outside oppositions can take the …
common are environmental permits and environmental impact assessments. Mining companies typically are required to obtain environmental permits signifying …
The sector contracted by 4.7% on average between 2014 and 2016 mainly due to less demand for mining products and low commodity prices for minerals that Namibia has rich endowments of. However, the growth rate for 2018 are positive at …
Moreover, because of the ever-increasing societal expectations on mining companies and the empirical evidence that the social and environmental impact of …
History of Mining in Ghana. There is evidence of gold extraction activities in Ghana as far back as the 7th and 8th centuries A.D., as gold deposits attracted Arab traders into the country.7 These activities were strategically located along rivers where sediments believed to contain deposits of gold were washed constantly to separate the gold …
Using multiple regression analysis with a sample of 34 listed mining companies from both Shanghai and Shenzhen Stock Exchanges covering 2000–2018 period, we find a significant positive ...
President Rodrigo Duterte's recent decision to overturn a nationwide moratorium on new mining projects, which had been in place since 2012, was lauded by mining and business entities and criticized by environmental and human rights groups. Aside from allowing new mines to open in the country, Executive Order No. 130 (EO …
to address environmental impacts of mining 1 September 27, 2021 Fostering community-company engagement to address environmental impacts of mining Recent initiatives by ETH and RMF illustrate the potential for mining-affected communities to actively engage with local mining …
At the same time, leaders of mining companies continue to make unsupported statements about their positive environmental impacts (e.g. ) and, even when progressing towards sustainable operations, conservation commitments are subject to changes in the financial atmosphere (e.g. ). Sudden shifts in environmental priorities cause distrust among ...
By embracing this engagement, mining companies can understand the stakes more clearly. They can ensure such engagement takes place by requiring public consultation as part of any environmental impact assessment (EIA) or strategic environmental assessment (SEA). Governments must go beyond ensuring stakeholder consultations …
The metals and mining sector is central to the climate, nature and energy nexus. Mining companies can better understand and manage their environmental footprint by measuring the extent, condition and value of their natural assets over time using natural capital accounts (NCA). NCA do not put a price on nature so that it can be bought …
In the mining sector, stakeholder engagement is particularly relevant given the close proximity to and impact on local communities through the use of resources such as water, energy, and land. While every company's specific stakeholders depend on its operating circumstances, extractives companies should consider these stakeholder …
Deep Sea Mining Causes Years of Damage. Japan first began testing deep sea mining in 2017, and its effects were studied for up to three years. The study, published in ads, concluded that damage ...
Scholars have recorded various drivers of conflict including procedural fairness (Zhang et al., 2015); the power imbalance that can exist between multi-national …
1. Introduction. Large-scale mining projects inevitably have widespread impacts on local societies and ecologies. Because of their close relationships to the land, water, and resources therein, and their marginalized social and economic positions, Indigenous peoples living in current or former settler colonies are particularly vulnerable …
Studies have shown that mining below 200 metres can cause harmful noise, vibration, sediment plumes and light pollution. A recent study looking at drilling tests in Japan, showed animal ...