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Mining is the practice of extracting ore coal clays soils or minerals from the ground for the purpose of using them Mines have existed for thousands of years In ancient times mines consisted of short tunnels dug into the sides of hills or mountains where veins of metals minerals or

Quarries are bad for the environment in several ways They abruptly interrupt the continuity of open space ruining habitats for flora and fauna alike They are eyesores When they are near

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Advantages1 Mining of ores will enable people to get useful elements with significant profit2 Mining will give unemployed people to get at least the simplest job3 Mining of ores might result

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Aug 05 2011 · If the cost of extracting iron ore is 1000 per ton of iron and the cost or obtaining recycled iron is 1500 per ton I guess well be extracting iron ore On the other hand if the government decides that the health benifits cost 1000ton and taxes the iron industry suddenly it costs 2000 per ton to extract iron

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Dec 31 2018 · The seaborne iron ore price has improved over recent years and while still volatile is enough to bring some positive momentum to the industry Except for large and established operations industry activity during the 2018 assessment period was largely upgrades to resource estimations to comply with JORC 2012 requirements All reported

Increases in iron ore and coal prices have thus caused Anglo American to shelve plans to sell off some of its assets in these sectors In its Mine 2017 report PricewaterhouseCoopers PWC said that after years of pulling back on investment and exploration the worlds largest mining companies were ready to