There’s multiple things the world’s best mining companies have in common: visionary leaders, hard-working employees, consistent investments in technology, self-regulation, and superior equipment.
When it comes to equipment, a solid industrial conveyor system is crucial. Conveyor systems relevant to the mining industry are a key cog in the production line, carrying not just debris but minerals from multiple dig sites to the main plant for inspection and evaluation. If the machinery that literally transports the day’s work from the mining trucks to the factory is of poor quality, production comes to a standstill. A material handling conveyor can be used during the mining process, although they are more prevalent in the printing and automotive industries.
Though mining companies will use low profile conveyors for use within warehouses, plants, etc. to avoid overcrowding, often a more durable, rugged system is needed outdoors.
One of the key questions is how will we find the traps where these resources are found? Years back it absolutely was based mostly on the traditional plan known as “luck”. Suppliers would merely drill a single well located beside another ; there weren’t any systematic techniques, just easy speculate work. Using this method the landscapes truly suffered.
These days the guess work and good luck happen to be replaced with technology and science, the same technology and elements that are utilised for drilling in Alaska, Texas, and Seas and even in the Middle East.
Imagine a geo-scientist locates a likely trap, suggesting most likely there’s either natural gas or crude oil in that place. This provides us with a few typical questions.
First, exist large pools of natural gas and oil underneath the ground or can we have it from particular rock formations?
Second , how will we extract that natural resource from the earth and create energy out of it? Once the geologist find a trap that might contain crude oil and gas a drilling rig is brought in.
What’s a drilling rig and how does it work?
The drilling platform is a chunk of hardware that’s produced to the rig for 5 – 6 or 7 days which exercise a keep about the length of a soccer and is literally able to positioning down 1 or 2 thousand ft into the earth’s surface.
Once the hole is drilled a selection of delicate instruments called logging tools send electronic messages that supply a comprehensive record on the rock and liquid properties with the geologic structures. A normal rotary drill rig goes about five thousand feet down. Imagine taking sixteen soccer fields and placing them end to finish and turning them upright, that is about five thousand feet. The rigs process is similar to drilling through a chunk of wood, only the drill bit is about the scale of the soccer we discussed earlier.
The drilling is conducted by well-trained individuals a burrowing crew. When the platform has drilled through varied steel piping, rock formations are positioned in the yard, then the concrete shield is positioned across the pipe to guard any aqua furs or water table, the piper might be punctured and broke limited to the natural gas and crude oil rock formations to permit the movement of these liquids and vapours to maneuver inside the well towards the surface.
When the rock formation includes sufficient natural gas and / or crude oil the a circular drill rig will get substituted for a pumping device. Now the object with this is always to maintain the natural gas and oil moving. Oil is shipped into safe-keeping tanks and gas are routed into vapor pipelines. Often these days we want a drill in places that will not permit us to exercise down directly top to bottom, however with one of the most recent technologies we are now in a position to drill directionally, this is a superb way, as an illustration to exercise within a recreation area or a school’s property, several pre-developed locations have a tendency to be an excellent spot for natural gas and oils so that the directional burrowing technologies are a good approach to get the source.
Petroleum is a fossil fuel and its quantity is limited to certain numbers of reserves and so is the case of various mineral resources found all over the world. These resources are non renewable and exhaustive in nature but have a wide variety of usage not only in various industrial works but for domestic purposes too. Therefore to curb the excessive uses of these minerals and petroleum most of the countries have allotted separate ministries under a set of ministers who look after the whole petroleum and mineral resource department. Thus the Ministry of Petroleum and mineral resources is established in order to keep a check on the production and distribution so that the natural resources do not deplete in a short span of time.
The Ministry of Petroleum and mineral resources have the authority from the government to keep a check on the petroleum reserves and the mineral resources that are very high in demand due to their extensive usages all over the world but very low in supply. These resources take millions of years to form but only some months to be extracted. Therefore it becomes the primary responsibility of the ministry to explore the areas where there is a possibility of finding petroleum or mineral resources and then deploy manpower and machines to extract them out. But production is not their only work since they need to supply these natural resources to various government agencies based on the demands the various regions of state have and then allocate the resources accordingly.
Apart from the distribution work, the ministry also needs to market the resources and fix a price at which it can be sold in the market. It must be remembered that many times various individual agencies purchase these resources from the government agencies and sell them at much higher cost. Therefore the ministry has to look after the laws and regulations to and make sure that no pilferage is being done with the prices. The ministry is also supposed to look after various mines and oil refineries including lube plants from where the production takes place and look after all the offices that fall under it.
The Ministry is also supposed to look after the various public or private sector projects related to petroleum and mineral resources and look after their functioning and administrate the various Central Laws that are already there related to these natural resources. The price that the Ministry sets on these resources should be based on the latest market trends and not based on any age-old pricing policy. Most of the time, the Ministry holds talk with various different countries in order to import or export them. For example, Saudi Arabia has a large resource of petroleum refineries. So the countries that have limited supply of this particular resource can import it from Saudi. Therefore the ministries also increase the communal harmony between two countries by getting into foreign trades. Any country needs a proper and well functioning ministry of petroleum and mineral resources so that these non-renewable sources are not wasted and that a proper planning is done to use them effectively.
The department of mines and minerals plays an important role in maintaining a sustainable and competitive mining industry so that the public can greatly benefit from its nation’s mineral wealth. Furthermore, the government also created this sector because although it understands that mineral resources greatly contribute to the development of the country, people’s safety and the environment could be compromised if uncontrolled mining occurs.
The department of mines and minerals are tasked to do the following:
Issuing permits and licenses
If a commercial mining company is planning to operate within the nation’s area of responsibility, the first thing they do is avail the necessary permits and licenses from the department. But before a permit is issued, every operation and reclamation plans are checked to makes sure that they are in accordance with the land’s environmental policies. A public hearing with the landowners within the area may be held before a mining permit is given.
The task of examining mining sites doesn’t stop when permits are issued. The personnel of the department visit the area at least twice a year to make sure everything is incompliance with the set laws and regulations and that proper safety precautions are followed always. But to make sure that the workers of the mining companies are knowledgeable about the protocols, training classes can be done by the department with certifications handed out to those who completed it.
Renewal of permit may only be given if after inspection, proper corrections were done to the identified mistakes. Necessary supervision may be implemented until everything has been fulfilled. If there’s a need, technical assistance may be provided as well.
Handle legal complaints and accidents
The department of mines and minerals covers all mining activities including an investigation for suspected illegal mine sites. A surface or underground mining site without the necessary permits is considered as an illegal act because they are operating and getting the mineral sources which technically belong to the nation. If they continue to operate without abiding the laws and regulations set, they would be shut down by the mining inspectors. Majority of these sites are small scale and the department usually checks on low grade and abandoned mining areas because some operators can take advantage on those.
It is also the responsibility of the department to investigate any injuries which occurred in the site. If the cause was due to negligence and lack of implementation of safety precautions, they make sure that proper steps must be taken to protect the welfare of the workers.
Disseminate public awareness
The agency is also tasked to make sure that the public is well-informed about the basic safety requirements and practice in the mining industry. It can be form of pamphlets, flyers or presentation whatever the situation calls. For added information or any participation opportunities, the numbers where anyone can contact them are included in the information packets. Some mining inspectors even visit the schools so that children can be informed even at a young age.
Majority of the minerals like sand, clay, granite and limestone are utilized in the construction of roads and buildings of the country. It is therefore the responsibility of the department of mines and minerals to make sure that they are properly extracted because the development of the nation shouldn’t be at the expense of destruction of nature.
The world coal production is dominated by five major companies – BHP Billiton Ltd, Teck Resources Ltd, CONSOL Energy Inc, Peabody Energy Corp, and New Hope Corp Ltd. In fact, these coal mining companies account for more than 80% of the entire world coal production.
The following is a brief overview of each of these companies’ profiles and coal mining activities.
BHP Billiton Ltd
Incorporated in 1885, BHP Billiton Ltd is a natural resources company with diverse interests in nine segments: metallurgical coal, energy coal, iron ore, stainless steel materials, manganese, base metals, aluminum, petroleum, diamonds and specialty products. The company operates in more than 100 locations across the globe. Its coal mining activities, however, are concentrated in eight locations in South America, South Africa, the United States, and Australia.
In South America, its largest coal mining activities are based in the La Guajira Peninsula in North Eastern Columbia. In South America, the company produces energy coal for both the domestic market and export market through its four mining operations, and BECSA Coal Processing Services. Its operations in the United States are primarily based in Navajo Nation Reservation, New Mexico. BHP Billiton’s largest operations are found in Australia where it runs the biggest known individual coal production site – Mt Arthur (which produces more than 20 million tones of coal) and several other large coal mines.
Teck Resources Ltd
Teck Resources Ltd is the largest Canadian diversified resources company. It was formed in 2001 after the amalgamation of Cominco and Teck. It’s currently recognized as the second largest exporter of steel making coal, which it produces in six mines – one in Alberta, and five in British Columbia. Majority of its metallurgical coal is exported to Asian markets, in countries such as China, Taiwan, Korea and Japan.
CONSOL Energy Inc.
Headquartered in Cecil Township, just outside of Pittsburg, Pennsylvania, CONSOL energy is a leading diversified energy company in the United States, which also ranks among the largest coal mining companies in the world.
The company has the most extensive underground coal mining operations in the United States, and ranks among the largest producers of high BTU bituminous coal in the world. Most of CONSOL Energy’s coal mining operations are based in central Appalachia where it produces more than 64 million tons of coal.
Peabody Energy Corp.
Founded in 1883, Peabody Corp is the largest private-sector coal mining and distribution company in the world. Although its principal business consists of mining, sale and distribution of energy as well as metallurgical coal, the company is also involved in marketing, brokerage and trading of coal across the globe through its offices in China, Singapore, Australia, Indonesia, United Kingdom, Germany and the United States. Most of the Peabody Energy’s coal mining operations are found in the United States, in mines located in Illinois, New Mexico, Arizona, Colorado, Wyoming, and Indiana. The company’s other coal mining activities are based in Queensland, Australia.
New Hope Corp Ltd.
New Hope Corp ltd is one of the largest coal mining companies in Australia. Its coal mining activities are based in New Acland mine, New Oakleigh mine and Jeebropilly mine, in Queensland. The company is also involved in bulk handling and mineral exploration.
Canada is known for its vast minerals which have immensely contributed to its economic stability. This aspect has attracted many local and foreign investments. Various Canadian mining companies strive to utilize these resources for the benefit of this country. This has enabled Canada to be one of the popular exporters for various minerals. As a result, it has recorded favorable terms of trade as compared to other countries in America and other parts of the world.
There are number of minerals available in Canada. These include gold, copper, diamond, nickel, uranium and coal among others. Some mining companies specialize in one mineral while others deal with more than one. The mining company identifies the mine, extracts and processes the mineral before either selling it locally or exporting to other countries. This increases country’s wealth from revenues earned abroad and taxes levied on mining companies. Employment opportunities are also provided in the process thus benefiting local residents.
There are various mining companies in Canada. They are Barrick Gold Corporation, Rio Tinto, Altius Mineral Corporation, Strategic Metals Limited, Uranium Resources Inc and Codelco among others. These companies specialize in different minerals. Most of these companies are listed in local capital market thus allowing members of public to invest in them. Due to high demand for precious metals, some of them are classified as blue chips. Their quotes in securities exchange market are always high due to desirable returns on investment.
Besides local investment, Canadian mining companies also advance their services in other countries. This is done to increase country’s foreign investment. Besides, mining in other countries is purposed to supplement their local production. Where certain mineral is not sufficient for local consumption, foreign mining comes in. Coal is used in producing industrial energy and it is usually needed in large quantity. To acquire the quantity needed, alternative mines are sought in other countries.
There are five Canadian companies that specialize in coal mining. They include Cumberland railway and Coal Company, Fording Canadian Coal Trust, Dominion Steel and Coal Corporation, Northwest Coal Company and Cape Breton Development Corporation. These companies supply coal as industrial fuel in Canada. This enables industrialization in Canada to thrive since energy is provided sufficiently. Since it is one of the cheapest sources of energy, it encourages industrial investment in Canada.
Mining companies of Canada have special interest in African countries. These include Democratic Republic of Congo and South Africa among others. These nations have vast wealth of precious metals and other minerals. Out of twenty five international mining companies in DR Congo, nine are from Canada. This implies that Canada has high influence in mining and controls considerable percentage of Congolese minerals. Canada asset base in this country stands at approximately nine hundred million dollars.
Activities of Canadian mining companies have therefore played great role in its economic development. It utilizes both local and foreign resources which earns high revenue for government operation. Mining companies also help Canada to address the challenge of unemployment. This has been adequately addressed which reduces dependency level. Consequently, mining alone has provided sufficient wealth to Canada. It has been able to place itself strategically in mining sector.