Overview |
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Mineral Exploration |
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In a broad context the
mineral industry,
covers all activities that involves the extraction and utilisation of all non-renewable resource, which includes
industrial minerals and metals, aggregates and ornamental stone,
coal, crude oil, Natural gas and other carbon derivatives.
Because of their great diversity, minerals and their derived
products are necessary for almost every aspect of life. Housing
and construction, transport, energy supply, health, information
and communication technologies, space technologies, and other
sectors of the economy would either be nonexistent or suffer
constant lack of raw materials, which will in turn make
production unsustainable.
The discovery of new mineral resources in most of developing
countries often brings along conflicts, resource mismanagement
or leads to reckless spending (of who specifically e.g.
Government). The mineral extraction industry has been seen as
a source of generating quick revenue for many governments;
rather than for it to serve as the bedrock for
industrialization and be utilized for the development and
social well-being of the economy.
Most government policies in developing countries for the Mineral
extraction industry has been geared towards export of raw
materials; instead of the local resources to be used to fuel the
local industry and expand the local production capacity up to
the point of export, it has been indirectly used to sustain the
foreign industries and the revenue generated used to sustain an
importation reliant economy.
Our solution for the extraction industry in the developing
countries
is to create a sustainable extraction industry to support the
local economy with the local resources. Our activities in the
extractive Industry highlights the importance of “Social
Investments” and how we can use the local resources for the
benefit of the local economy. |
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