mining industry definition

Data mining is the process of finding patterns in data. The beauty of data mining is that it helps to answer questions we didn't know to ask by proactively identifying non-intuitive data patterns through algorithms (e.g., consumers who …

strip mine (noun) mining / ˈ maɪnɪŋ/ noun. Britannica Dictionary definition of MINING. [noncount] : the process or business of digging in mines to obtain minerals, metals, jewels, etc. He works in mining. the mining industry. MINING meaning: the process or business of digging in mines to obtain minerals, metals, jewels, etc.

Tailings are a by-product of mining. After ore containing an economically-recoverable commodity is mined from the earth, that commodity is extracted in a processing plant or mill. After the commodity of value is extracted from the ore material, the resultant waste stream is termed "tailings". Typically, mill tailings range from sand to silt ...

Introduction to the Mining Industry. The mining industry is involved in the extraction of precious minerals and other geological materials. The extracted materials are …

Industry: An industry is a classification that refers to groups of companies that are related based on their primary business activities . In modern economies, there are dozens of industry ...

Definition of mining noun in Oxford Advanced Learner's Dictionary. Meaning, pronunciation, picture, example sentences, grammar, usage notes, synonyms and more. ... Coal is used especially in the electricity-generating industry and in the making of steel. However, the industry is in decline and several of the largest mining companies have …

Overview. Major commodities. Financials. Companies. Outlook. Mining exploration budgets increase worldwide by country 2021. Find the most important statistics and facts on the global mining...

Artisanal Mining is characterised by manual labour or minimal-to-no mechanization; minimal-to-no geological knowledge; minimal-to-no start-up capital; is usually unfavourable or 'unbankable' due to lack of adequate specific policy and regulatory frameworks; is sometimes formal (with precarious mining passes/cards) but mostly informal; difficult to …

Mining is the process of extracting minerals from a seam, vein, reef, lode, or placer deposit in the earth. Coal, metals, oil shale, rock salt, potash, gemstones, limestone, …

Vocabulary. Mining is the process of extracting useful materials from the earth. Some examples of substances that are mined include coal, gold, or iron ore. Iron …

coal mining, extraction of coal deposits from the surface of Earth and from underground. Mongolia: coal mine.

Mining is one of Canada's primary industries and involves the extraction, refining, and/or processing of economically valuable rocks and minerals. Mineral products (including gold, silver, iron, copper, zinc, nickel ) are critical to modern industrial society. Although mining has been key to Canadian settlement and development, in recent ...

MINING definition: 1. the industry or activity of removing substances such as coal or metal from the ground by…. Learn more.

Consequently, the mining sector is pivotal to the world's economy. The revenue of the top 40 global mining companies, which represent a vast majority of the whole industry amounted to a record ...

industry, group of productive enterprises or organizations that produce or supply goods, services, or sources of income.In economics, industries are generally classified as primary, secondary, tertiary, and quaternary; secondary industries are further classified as heavy and light.. Primary industry. This sector of a nation's economy includes agriculture, …

Definition. Mining Industry – Mining is an economic activity responsible for the extraction and exploitation of minerals found in the soil and subsoil, being essential for the life of any society and, together with agriculture, are the oldest of humanity. Its extraction has evolved from using manual tools to using adequate systems with high ...

Mining and Mineral Policy of 1970. This law declares that it is the continuing policy of the federal government to foster and encourage private enterprise in the development of a stable domestic minerals industry and the orderly and economic development of domestic mineral resources. This act includes all minerals, including …

What is Mining Industry? Definition of Mining Industry: Sector dealing with the extraction of valuable minerals and other geological materials from the Earth, in the course of which deposits are becoming of economic interest for a miner. ... The mining industry includes enterprises that extract oil, gas, coal, metals, etc.

MINING meaning: 1. the industry or activity of removing substances such as coal or metal from the ground by…. Learn more.

Data mining is a process used by companies to turn raw data into useful information. By using software to look for patterns in large batches of data, businesses can learn more about their ...

The data mining process involves a number of steps from data collection to visualization to extract valuable information from large data sets. As mentioned above, data mining techniques are used to generate descriptions and predictions about a target data set. Data scientists describe data through their observations of patterns, associations ...

The metals and mining sector is the industry dedicated to the location and extraction of metal and mineral reserves around the world. It includes precious …

Introduction. The pivotal role of Cynthia Carroll (former CEO of Anglo American) in setting a new safety standard for the mining industry (Mukunda, Mazzanti, & Sesia, 2013) is a popular example of how diversity in leadership can potentially lead to transformational outcomes. Managing diversity in international business (IB) is much more challenging …

The extractive industries sector plays a strong economic role in 63 countries, many of which face challenges such as resource dependency and weak governance. The World Bank helps developing countries manage oil, gas, and mining in a way that contributes to sustainable growth and development, protects communities and …

Mining industry indicates the cluster of process that are involved with extraction, management, and processing of naturally occurring solid minerals from the earth …

The mining value chain— which includes everything from extracting raw material to delivering products to customers—is the backbone of the industry. Companies that manage their value chain well can establish a significant source of competitive advantage and value creation. By contrast, those that neglect their value chain are likely …

Extractive Industries At-A-Glance . About 3.5 billion people live in countries rich in oil, gas, or minerals. But, all too often, these resources have become a source of conflict rather than opportunity. ... Gas and Mining for Developing Countries. Minerals, metals, natural gas and oil have the potential to drive economic growth and contribute ...

Mining is the extraction of economically v aluable minerals or other geological materials from the e arth. surface. It may be from an ore body, lode, vein, seam, reef or placer deposits. Since the ...

LSE GBp 2,201.50. +78.00. 17:06 SAST on 12 Apr 2024. JSE ZAR 520.05. +19.78. Learn about mining with this dictionary full of mining terms & methods, from base metals to stopes & more.

Mining industry synonyms, Mining industry pronunciation, Mining industry translation, English dictionary definition of Mining industry. n. 1. The process or business of extracting ore or minerals from the ground. 2. a. The process of digging under an enemy emplacement or fortification to...

The mining value chain— which includes everything from extracting raw material to delivering products to customers—is the backbone of the industry. Companies that manage their value chain well …

Mining is not currently an aspirational industry for young technical talent to join: there has been around a 63 percent drop in mining engineering enrollment in Australia since 2014, 7 and a 39 percent drop …

The mining industry in 2023 is characterized by an array of terms that are shaping its future. Notable trends such as decarbonization and critical minerals are redefining the sector. The terminology used in mining has evolved, with terms like "butt entry" having different meanings in various contexts. Additionally, the industry is …

Mining 4.0 is under way in all parts of the world across the industrialized mining sector and it will continue to transform the industry significantly in the coming years. This transformation is accelerated by the exponentially increasing amount of data as a result of deploying more sensors and decreasing data storage costs, the increases in …

We need to consider and gain a better understanding of what the definition of an accident in the mining industry might be. Accident: An accident is commonly used to describe an incident which has resulted in an injury. Incident: An incident is any unplanned event resulting in or having the potential for injury, ill health, damage or loss.

Glossary of Mining Terms. A. Abutment - In coal mining, (1) the weight of the rocks above a narrow roadway is transferred to the solid coal along the sides, which act as abutments of the arch of strata spanning the roadway; and (2) the weight of the rocks over a longwall face is transferred to the front abutment, that is, the solid coal ahead ...