Glossary of Mining Terms

A reference table for basic element data, with related information on average crustal abundances, isotopes, water quality standards, common minerals and more.  
                                           

Tuesday, May 20, 2008

Africa's mining industry - a blessing or a curse?

Development specialist at the Integrated Social Development Centre (ISODEC), Mr. Steve Mante, has described as a hallucination notions that Africa's mining sector has contributed extremely to its development.

He said mining in Africa, has rather lead to grave environmental problems and health risks that have shattered the "traditional and economic foundations" of local communities.

Apart from concerns that mining companies on the continent are again and again destroying the environment with reckless abandon, there is also the issue of how vigorous the countries themselves are in the business.

Meanwhile the Chief Executive Officer of the Ghana Chamber of Mines says even though perceptions that the continent deserves more from mining are common, "there still is the need to look at production cost."

"A lot of the development projects we assume are not actually factored into the direct payment mining makes to the economy,"she stated.

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