Definition of «mining companies»

Mining companies refer to businesses or organizations that engage in extracting minerals, metals and other natural resources from the earth through various methods such as digging, drilling, blasting or scraping. These materials are then used for a wide range of purposes including construction, manufacturing, energy production among others. Mining companies can operate on different scales ranging from small-scale artisanal miners to large multinational corporations with vast resources and advanced technology. The industry is often associated with environmental concerns due to the impacts that mining activities may have on ecosystems, water sources, air quality among other things. However, it also plays a critical role in supporting economic growth, job creation and development of infrastructure in many countries around the world.

Sentences with «mining companies»

  • This ETF offers investors exposure to some of the largest gold mining companies in the world, thereby delivering what can be thought of as «indirect» exposure to gold prices. (etfdb.com)
  • There will be approximately 30 participants representing Indigenous interests, who will participate in the identification of issues and the development of principles guiding the engagement of mining companies with Indigenous communities. (humanrights.gov.au)
  • This puts the big gold mining companies in a tricky spot. (cambridgehouse.com)
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