The mining industry plays a very important role in the country’s economic development. For one, the industry provides employment opportunities to a significant portion of the population, directly and indirectly. The launching of a mining project spurs local and regional economic development as mining firms invest in road infrastructure, utilities, and other facilities within the mine site. Mining, likewise, contributes to the country's foreign-exchange earnings through exports. Furthermore, the industry provides additional revenues for the government through taxes and fees paid on mining and other related activities. The mining activities involve operations that have significant impact on the environment. In most facets of the mining activities, there is always the potential for environmental and ecological problems -- from the construction of mining facilities, the extraction of ore, to the processing of minerals.
Answers & Comments
Answer:
It is important because it supports the process of the money trough natural resources
Explanation:
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Answer:
The mining industry plays a very important role in the country’s economic development. For one, the industry provides employment opportunities to a significant portion of the population, directly and indirectly. The launching of a mining project spurs local and regional economic development as mining firms invest in road infrastructure, utilities, and other facilities within the mine site. Mining, likewise, contributes to the country's foreign-exchange earnings through exports. Furthermore, the industry provides additional revenues for the government through taxes and fees paid on mining and other related activities. The mining activities involve operations that have significant impact on the environment. In most facets of the mining activities, there is always the potential for environmental and ecological problems -- from the construction of mining facilities, the extraction of ore, to the processing of minerals.
Explanation:
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