Ethics and The Mining Industry

“ Gold accounted for 15% of the mining wealth produced in Alaska. Zinc and lead, [...] accounted for 73%; silver [...] accounted for 8%; coal and aggregates accounted for nearly 2% each. Alaska produced a total of 40.3 million troy ounces of gold from 1880 through the end of 2007.” was reported by the Alaska DNR in 2007. Would you risk everything just for a chance to strike it rich? Even with the advancements in the business, it is still a guarantee that you will spend a lot of money getting started, and the payback is not guaranteed.

Raising the tax rate when it's already one of the highest in the nation will do no help at all other then scaring off businesses to other states. With my solution of lowering the sales tax, having a tax discount based on employees, and giving new businesses a helping had at the start could potentially help out the Golden stat. This is my solution of how to keep the gold in the Golden state, since everyone wants gold.

The Mining Industry Johnny Bynum Keiser University September 16, 2017  Abstract The mining industry is a billion dollar industry that has been around for years. Miners and business insiders know exactly how lucrative the business is. In calendar your 2016 a net profit of $US20 billion was the aggregated profit for global miners. Mining comes at a cost and the deaths of miners is one of the costs. One of the most disastrous mining accidents took over 1500 lives.

Those were the greatest amounts of gold that was mined, but in 1857 miners still managed to get 45 million dollars worth. When workers are finding millions of dollars in the gold mines, the economy is going to have a positive effect. Living situations and housing was also affected by the gold rush. As forty niners poured into California, the towns and villages quickly filled up, resulting in the growth of already established cities such as San Francisco. Also ... ... middle of paper ... ...eir mental illness wasn’t too serious.

Cocoa and gold, however stand out amongst the exporting commodities. The mining industry contributes 5% of the country’s Gross Domestic Product (GDP) of which gold accounts for over 90% of all exports of

The history of the Democratic Republic of Congo (DRC) has been influenced highly by the abundance of natural resources for which the country has. The DRC has many different natural resources including vast amount of minerals, crude oil, forestry, agriculture and fisheries. Many regard the Democratic Republic of Congo as being the richest unknown nation in the world with a total mineral wealth that is worth a staggering 24 trillion dollars. “more than the GDP of the United States and the United Kingdom combined (newsaboutcongo)”. The country in its mineral reserves, reserves yet to be tapped by anyone, has the “world’s largest reserves of cobalt and also contains a significant quantity of the world’s diamonds, gold and copper (newsaboutcongo)”.

Viole... ... middle of paper ... ...ve already seen this in colorado with weed shop. They are making lots of money along with the government collecting all the taxes upwards to 15 percent plus more. The government can charge as much as they want.They know people will pay for marijuana. People will pay for weed if its legal to. “37 shop owners reported 5 million dollars in sales since it has been legalized.” (RT.Com) A lot of possibility for success and also a really big economic.

The allegations brought against Nike included that of the use of child labor in factories, unsafe working conditions to include exposure to toxic chemicals, the use of machinery without the proper safety training or safeguards, pay below minimum wage and working people like dogs even to point of death in extreme cases. The established factories Nike created to produce its products were in no way used to promote human rights. On the contrary, these sweatshop establishments became a major ethical dilemma for Nike. So much so that Nike had do decide whether to continue to benefit from cheap labor practices and risk more scutiney or spend more money to improve the factories, training of employees, and overall working conditions. Nike’s goal of profiting from the cheap labor cost of product... ... middle of paper ... ...a Solidarity Network.

The locations are geologically known as cratonic lithosphere which are the primitive foundational basement rocks and where first continents have been created (Andrew 1998). The diamond formation requires a special condition. As diamonds are considered that they are from deep inside the earth, it must meet the special condition which high temperature and pressure. However, some of diamonds we have found such as microdiamonds are located at not corresponding places with the condition. When this fascinating mystery was solved, new discoveries and evidences for wide range of studies were come out.

Mining is the industry that makes people to earn profit by extracting solid minerals (e.g. copper, zinc, silver, gold, and coal). The mining started from the prehistoric age. Mining back then had many limitations since advanced technology for efficient mining did not exist and human labour was only power to extract minerals. Mining was very dangerous job, too.