How I Became An Expert on Resources

Business 101: Know More About Mining Business

There are billions of dollars involved in digging things out of the earth’s surface making it as a big business. The time, effort and money invested in extracting the earth’s rocks and soil is worth it since the earth contains outrageously expensive and extremely useful minerals. Extraction refers to the collection of oil and gas from the earth’s ground while mining is getting the minerals and ore. Gathering involves accumulation of gas and oil in preparation for processing and refinery. The the world would literally be ground to a halt if the art and science of mining, extracting and gathering were not discovered. If people are not engaged in mining then electricity would fail, anything that uses fuel is gone, and transportation would become redundant, because mining, extracting and gathering are the main reasons why we enjoy the modernization we have today.

Mining is considered an old business that started in the prehistoric times when our ancestors did mining by chipping away at stone, metals and other useful substances. The process of mining involves prospecting for ore, and once it is assessed and the deposit is large enough for generating cash, then heavy machinery such as mining conveyors are used to scoop all ore and minerals, thus reclaiming the land. For gas and oil deposits, they are usually found between non-porous rock like limestone and porous sandstone wherein the process is more complicated like drilling in between these layers to hit the perfect spot. If you are planning to enter the mining business you have to be prepared to hire a strong manpower of miners, site managers, engineers and technicians who are experts in this area of utilities and energy industry. Before you can start mining a material, you firstly need to hunt for the perfect place where you can find ore body, big oil deposits or coal seam. Once you have marked the perfect spot on your map, then the serious work begins, and be ready to earn billions and billions of dollars.

Mining techniques come in two types which are the subsurface mining and the surface mining, and 80% of yield come from surface mining. The two categories of output are lode and placer deposits, wherein placer deposits are minerals and ore found in river gravels or beach sands, and lode deposits are found inside masses or rock or in “veins”. When it comes to subsurface mining, it involves the construction of shafts and tunnels in order to reach the minerals and ore, and drilling is performed as a more straightforward mining approach in order to get further into the ground. If you plan to do mining, be ready to hire a mudlogger, minerals surveyors, quarry manager and well site geologist among others.