Chapter 16 Flashcards

1
Q

“Mineral Industry “

A

Refers to all mineral extraction with the exception of oil and gas

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2
Q

“Mineral Industry”

A

Refers to all mineral extraction with the exception of oil and gas. (included oil sands, as they are mined)

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3
Q

Canada is the top producer, by volume, of ____, and in the top three of ________

A

Potash

Uranium, Cobalt, Aluminum

Canada is the top producer, by volume, of potash, and in the top three of uranium, cobalt, and aluminum

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4
Q

mineral and metal processing sector has been viewed as having five main stages:

A
  1. MINING AND QUARRYING
  2. SMELTING AND REFINING
  3. SEMI-FABRICATED PARTS
  4. FABRICATED PARTS AND SIMPLE PRODUCTS
  5. PRODUCT ASSEMBLY
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5
Q

Before a potential prospect can be developed into a mine, two fundamental criteria must be considered:

A

economic grade (concentration of mineral)

volume of ore

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6
Q

Shadow effect

A

The impacts of mining that can spread beyond the disturbance caused in the immediate region, such as with the development of roads that disrupt wildlife and migration patterns.

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7
Q

minerals:

A

a naturally occurring inorganic substance

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8
Q

mining companies scour the globe for highest grade ores and deposits

A

historically, exploration has focused in Global North (especially USA, Canada, Australia)

recent focus on Global South (Latin America, Africa, Asia), former Soviet bloc

overall trend of economic globalization and transnational capital (mining corporations

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9
Q

Factors affectin

A

GEOLOGICAL AND GEOGRAPHIC: quality, quantity, accessibility

ECONOMIC: supply, demand, market price, production costs •eg; labour, infrastructure, royalty regime, environmental costs, etc.

POLITICAL: laws, policies, royalty regimes, ‘strategic’ resources •eg; potash, uranium

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10
Q

Mining trends

A

shift from Global North to Global South

shift from underground operations to less expensive surface mining operations

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11
Q

Corporate social responsibility programs (CSR)

A

An overarching term used by corporations for voluntary activities designed to address social, cultural, economic, and environmental initiatives.

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12
Q

Open-pit mines

A

Open-pit mines often use very large equipment designed to move huge amounts of ore and waste in order to make lower-grade ore deposits economically viable.

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13
Q

Underground mines

A

Ore deposits are deeper, and less plentiful. However, quality is high enough to exceed costs. A higher grade of ore is required for the operation to be profitable.

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14
Q

SLO - Social Licence to Operate

A

A social licence to operate (SLO) refers to the level of acceptance or approval by local communities and stakeholders of organisations and their operations

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15
Q

The Mining Association of Canada (MAC) instigated the first multi-stakeholder initiative of its kind in the world

A

the Whitehorse Mining Initiative (WMI).

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16
Q

Towards Sustainable Mining

A

set of guidelines and performance indicators focused on crisis management, energy use and greenhouse gas emissions, tailings management, Aboriginal and community outreach, safety and health, biodiversity conservation, and mine closure.