Mining & Quarrying Industry
What is Mining & Quarrying Industry?
Mining and Quarrying include the extraction of minerals occurring naturally as solids (coal and ores), liquids (petroleum), or gases (natural gas). Extraction can be achieved by different methods such as underground or surface mining, well operation, seabed mining, etc.
Mining is the process of extracting buried material below the earth surface. Quarrying refers to extracting materials directly from the surface. In mining and quarrying, water is used and gets polluted in a range of activities, including mineral processing, dust suppression, and slurry transport.
In addition, water is subtracted from the environment in the process of dewatering, the process of pumping away the water that naturally flows into the pit or tunnels of the mine. When disposed, this water may also carry pollutants.
The mining and quarrying sector includes mining of fossil fuels (coal and lignite mining, oil and gas extraction), mining of metal ores, quarrying of stone, sand, and clay, and mining of phosphate and other minerals. A rich data source of water use in the mining of conventional and unconventional oil and gas, coal, and uranium is provided in the work of Williams and Simmons (2013).
Mining & Quarrying Industry
Mining of hard coal
Mining of lignite
Extraction of crude petroleum
Extraction of natural gas
Mining of iron ores
Mining of uranium and thorium ores
Mining of other non-ferrous metal ores
Quarrying of ornamental and building stone, limestone, gypsum, chalk and slate
Operation of gravel and sand pits; mining of clays and kaolin
Mining of chemical and fertiliser minerals
Extraction of peat
Extraction of salt
Other mining and quarrying n.e.c.
Support activities for petroleum and natural gas extraction
Support activities for other mining and quarrying
Role of Shamkris
A Project Report is a document that provides details on the overall picture of the proposed business. The project report gives an account of the project proposal to ascertain the prospects of the proposed plan/activity.
Shamkris will provide a Project report covering Industry License requirements, competitor analysis, Land requirements, machinery requirements, equipment requirements, and financial requirements.
Some of the areas covered in the project report are outlined below:
- Introduction
- Project Description
- Uses and Applications
- Market Survey
- Raw Materials
- Manufacturing Process
- Process Description
- Process Flow Diagram
- Plant Layout
- Details of Plant & Machinery
- Suppliers of Raw Materials
- Suppliers of Plant & Machinery
- Plant Location Factors
- Land & building Required
- Power and Water Required
- Details of Manpower Required
- Financials of the Project
- License and application Certificate
Financials of the Project includes:
- Land and Building Costs
- Plant and Machinery Costs
- Other Fixed Assets
- Fixed Capital Investment
- Raw Material Costs
- Salaries and Wages
- Total Working Capital
- Cost of Project
- Total Capital Investment
- Cost of Production
- Turnover per Annum
- Profitability Analysis
- 5-year Profit Analysis
- Break-even Point
- Resources of Finance
- Cash Flow Statement
- Projected Balance Sheet
FAQ
What is the difference between a mine and a quarry? In the UK a ‘mine’ is defined legally as an underground working and a ‘quarry’ as a site of mineral extraction without a roof. In other parts of the world, the world, ‘mining’ is used interchangeably with ‘quarrying’.
Introduction to the Mining Industry. The mining industry is involved in the extraction of precious minerals and other geological materials. The extracted materials are transformed into a mineralized form that serves an economic benefit to the prospector or miner.