Mining, however, usually come with a negative connotation because it usually means that they would need to destroy some form of natural resource in order to get to that resource. The process of mining often involves dangerous and poisonous substances. For example, mercury can be one of the deadliest elements on earth.
This element is commonly used when trying to mine out gold. Other poisonous substances you would find in a mining site are materials like cyanide, arsenic, sulfuric acid, and methyl mercury.
There are also practical benefits to responsible mining. The greatest asset of a mining company is its ability to secure land to mine. A mining company with a good track record is given preference for the assignment of mining territory.
The damage they produce can be devastating. Furthermore, the effects of mining can sometimes be permanent and irreversible. Fortunately, new regulations try their hardest to prevent this from happening. People from the government have made it a point to protect the environment while ensuring that manufacturers get the materials they need.
Aside from the introduction of harmful substances to the environment, there is also the factor deforestation that can lead to the added environmental damage brought about by mining. In order to reach the desired mining site, they need to clear acres of forest to get to the elements they need.
Other mining companies have also made it a point that their practices are within the confines of what environmental law will allow. Although, this is their moral prerogative there are also economic benefits to following these regulations to the tee.
For one thing, the government fines for the misuse of mining privileges are substantial. If the regulations are adhered to very carefully it saves the mining firm a great deal of money in fines. Aside from the fines, a mining company also needs to be careful of personal litigations. The effects of mining can across a wide region and as a result can be damaging to people and establishments in the surrounding area.
A good track record shows that the company will not abuse the rights they have given and as such will be awarded more projects. The more projects they have, the more money they will make.