Executive Summary
Summary and Conclusions
The proposed 3M mining project would provide measurable benefits to the Shasta County economy. It would also provide much needed revenue to Shasta County, as well as its incorporated cities, and schools. Economic activity would be enhanced through expenditures for construction, maintenance, fees, taxes, capital expenditures, and general day to day operations. Spending by the mine during construction will give a large one time boost to the Shasta County economy, and annual operation costs will provided economic and fiscal impact far into the future.
Introduction
The 3M Company out of Minnesota has proposed the construction of a mine on property that the company owns in Shasta County California near the City of Shasta Lake. The property that would be containing the mine is approximately 1900 acres. The focus of the mine would be on sand and gravel but permitting and mine construction could take as long as three years. It is assumed that the mine will be capable of working at full capacity for XXXX years after it becomes fully operational.
Total Economic Impact (Capital, Operational, and Employee Compensation)
The construction of 3M’s mine would provide a significant one time boost to Shasta County’s economy. Employee Compensation and other operation expenses are annual and continue into the foreseeable future. The total economic impact examined in this report is the impact of the mine construction (capital expenses) and one year of operating costs and employee compensation. The results of the IMPLAN input-output model indicate that total county business revenues would increase by $57.7 million, with nearly $23 million of that added revenue generated in the construction sector. Lab...
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... million, would occur in the construction sector. Other sectors seeing a significant increase in sales because of mine construction include utilities ($11.3 million), retail trade ($4.3 million), and real estate ($3.1 million).
Table 1 presents the Shasta County business revenue increases by aggregated NAIC’s sector (North American Industrial Classification). The entries include only those sales by businesses located within the county. Some additional sales will occur at businesses in nearby counties, which will produce some feedback in Shasta County in the form of added retail and other sector sales. For example, a person working in Shasta County on construction of the mine, residing in Tehama County, will make some of his or her retail purchases in Shasta County. However, these effects are not included in the impact calculations or the sector business revenues.
The Making of a Hardrock Miner written by Stephen M. Voynick, describes his own personal experiences as a hardrock miner in four different underground mines in the western United States, the Climax molybdenum mine in Colorado, Hecla Lakeshore Project a copper mine in Arizona, and two uranium mines in Wyoming. Rather than a book telling of the fortunes gained and lost, this book was about the relationships gained, but then also lost through mining. Stephen M. Voynick’s direct words and simple writing style provided a book that was an easy read and educational about mine work and safety.
The tar creek mining site originally was owned by a Native American tribe, the Quapaw. The Quapaw wanted to keep these lands, but the Bureau of Indian Affairs deemed members opposing a transaction to mining companies “incompetent” (1). In such a case the business could continue and the Bureau of Indian Affairs sold the lands to mining companies. In essence these lands were stolen from the Quapaw because they were ripe for mining. These mines were then used from approximately 1891 to 1970. In the 79 years the mines were open 1.7 million metric tons (~3.75 billion pounds) of lead and 8.8 million metric tons (~19.4 billion pounds) of zinc were withdrawn from the mine (2). The entire area around Tar Creek is known as the tri-state mining area. This tri-state area was a massive source of metals. This area accounted for 35% of the all worldwide metal for a decade. It also provided the majority of metals the United States used in World wars I and II (3).
Certainly, Ocean Downs casino's gaming taxes will help to improve the economic status of the county. Although the casino has only been open for a couple of months, thousands of people visited the new gambling place. So by the words of Shawn J. Soper, a news editor in The Dispatch newspaper, casino's revenue reached nearly 6.17 million dollars that is divided between different funds. So in this way, around 3 million dollars goes to the state's Education Trust Fund, and 5.5 percent of gross revenue is divided between l...
Isenberg explains that three actions took place to help build and stabilize the California economy during the time period, hydraulic mining, city building in Sacramento, and logging of the redwood forests. The hydraulic mining promotes more machinery-based mining. This technology helped increase effectiveness of mining and allowed ...
In order to find the benefits and hazards of mountaintop removal mining in West Virginia, I used the various resources and gathered information from both sides of the questions posed, including economical benefits such as earnings, and environmental hazards such as ongoing experiments to clean up acid mine drainage. And some opinions written and expressed in newspaper articles and magazines.
I oppose the development of the Chu molybdenum mine because its negative effects extend beyond the site. This mine will affect the quality of life of the residents of Vanderhoof adversely by reducing air and water quality, food sources and revenue. Vanderhoof is a small, geographic centre that supplies food and mineral resources to neighboring cities (BCC, 2009) hence, many of its residents, tourists and neighbors will be directly affected by this project.
United States Environmental Protection Agency. (2005). Mountain Top Mining Valley Fills In Appalachia Final Programmatic Environmental Impact Statement. Retrieved June 19, 2010, from .
Taconite mining has become more popular ever since the rock has become rare. Taconite was once considered “waste rock,” but is currently really valuable. Since the Gogebic Iron Range has about three-fourths of all the taconite in the nation people from all over the country want to take over and start mining. Although taconite mining would do some good for the community, such as creating tons of jobs and boosting the economy for awhile, there are too many risks. Taconite mining has a negative effect on the environment and health.
The excitement for mining and excavating for minerals was sparked in prospectors and people looking for an easy way of profit in the 60’s.This second gold rush of speaks, despite most of the minerals they were after was more on the lines of copper, nickel, iron and the like, brought high hopes of those wanting to get rich fast. Though thousands had hope in making money from mining on their own, many excavators found little gold on their own efforts. Most needed to actually find work in mines. But, they almost got something even better. The v...
Smith-Baranzini, Marlene, Richard J. Orsi, and James J. Rawls. A Golden State: Mining And Economic Development In Gold Rush California. Berkeley, California: University of California Press, 1999. eBook (EBSCOhost). Web. 26 Mar. 2014.
Mining played a crucial role in the settlement of Socorro County. In the late 1860’s a man by the name of Colonel J.S. Hutchason discovered three sizeable limestone croppings near Magdalena Peak (pdf thing). Hutchason at first only worked the Juanita and Graphic claims; having a partner, Andy Kelly, work on the third claim. Kelly named the mine after himself; however, Hutchason later repossessed the claim when Kelly failed to do work to preserve it. News of Huchason’s success brought many new prospectors to the area. In 1870, Kelly, a small boom town, was created; named after the successful mine. In 1876 Huchason leased out the Juanita mine and sold both the Graphic and Kelly mines (Harris, 97).
As Oregon’s timber economy continues to decline and less federal land in Oregon is being logged, more and more wood processing plants will continue to shut down, forcing numerous jobs to be lost. An impact to the economy could devastate the state. Andy Kerr Czar of the Larch Company states that a “fifty-three percent decrease has already accrued in all Oregon primary wood product jobs” (p1). This has already devastated Oregonians, forcing them to seek out other employment opportunities in the timber based economy or turn to the already overwhelmed state for financial assistance, forcing those who can’t find work or receive assistance to put up residence on the streets.
The authors collected and analysed data from 71 mining areas in Australia, and then they use statistical method to find relationship between gross value of mineral production and quality of life indicators. They found that mining activities have positive impact on regional income, employment, communication access and education. In contrast it has negative impact on life expectancy. The main limitation of this paper is that there is no causality test between all of life indicators as an independent variables and mining activity as dependent variable. In this case the authors only focus to show positive or negative relation between dependent and independent variables. They main recommendation to solve the problems is to do causality test between variables. Furthermore they also suggest to provide comprehensive measurement on other indicator. The result of this paper have strong connection with the Garmett’s article. This paper will be a good source for my article
Colorado also has a rich mining history which began in about 1859 with the discovery of gold and development of new reserves, Colorado’s present day industry is a modern, innovative, safe and environmentally responsible citizen that extracts a wide variety of minerals such as; gold, Marble, and gypsum from the earth, valued at more than $2 billion each year. (Colorado Mining Association, 2007)
The indirect impact of the mining industry has been huge in terms of funding for things like skill development through education and training, there is also provision made for social services in the mines (e.g. health care for the employees of the mines and their families, housing, school etc.) and the contribution the national economy.