analyse any three factors affecting the mining in India
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1) Geological availability - a successful mine or quarry must be based on a deposit that has value. Usually some geologic event in the past has concentrated a particular element to the extent that it is economic to mine. For example the element iron represents about 5% of the earth's crust. An economically successful iron ore mine requires a deposit containing about 60% iron. Such deposits were precipitated from the oceans about 2.7 billion years ago when the earths atmosphere change from reducing to oxidizing. Similarly gold makes up about 5 parts per billion of the crust. An economic gold mine at today's price of gold ($950 per ounce) requires a deposit with at least 1 part per million (a 200 times concentration).
2) Stable ownership regime. Mines require substantial investment. Investors will need to be assured that their investment won't be confiscated by governments or others who shared none of the risks.
3) Exploration - the geologic concentration needs to be found.For example the discovery of Diamond deposits in Canada required specialized knowledge including the tracking of tracer minerals.
4) Transport - some bulk materials need to be close to markets or at least to low cost transportation. For example iron ore deposits need to be within a few hundred miles of steel mills or ocean transportation.
5) Mining methods - some methods are much cheaper than others. For example soluble lithium in Chile can be extracted economically by solution mining. Gold in South Africa requires deep hard rock mining - which is expensive.
6) Environmental factors - almost all countries require an analysis of environmental impacts before mining can start. Some deposits are locked up forever because of local opposition - for example Crandon Zinc deposit in Wisconsin
.
7) Availability of labor - cheap labor eg South Africa and India makes deep gold mining feasible on deposits which could not be worked in the US for example.
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2) Stable ownership regime. Mines require substantial investment. Investors will need to be assured that their investment won't be confiscated by governments or others who shared none of the risks.
3) Exploration - the geologic concentration needs to be found.For example the discovery of Diamond deposits in Canada required specialized knowledge including the tracking of tracer minerals.
4) Transport - some bulk materials need to be close to markets or at least to low cost transportation. For example iron ore deposits need to be within a few hundred miles of steel mills or ocean transportation.
5) Mining methods - some methods are much cheaper than others. For example soluble lithium in Chile can be extracted economically by solution mining. Gold in South Africa requires deep hard rock mining - which is expensive.
6) Environmental factors - almost all countries require an analysis of environmental impacts before mining can start. Some deposits are locked up forever because of local opposition - for example Crandon Zinc deposit in Wisconsin
.
7) Availability of labor - cheap labor eg South Africa and India makes deep gold mining feasible on deposits which could not be worked in the US for example.
PLEASE MARK MY ANSWER AS BRAINLIEST ANSWER PLEASE.
ritika6189:
the question is of 3 marks can u please answer it briefly and in points
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THE FACTORS AFFECTING THE MINING IN INDIA ARE:
1.Transport-some bulk materials need to be close to the market's or at least to the low cost transportation.
2.Mining methods.
3.Environmental factors -almost all countries require an analysis of environmental impacts before start mining.
1.Transport-some bulk materials need to be close to the market's or at least to the low cost transportation.
2.Mining methods.
3.Environmental factors -almost all countries require an analysis of environmental impacts before start mining.
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