Mining is the extraction of valuable minerals or other geological materials from the earth from an orebody, lode, vein, seam, or reef, which forms the mineralized package of economic interest to the miner.
Ores recovered by mining include metals ( gold), coal and oil shale, gemstones (diamonds), limestone, and dimension stone, rock salt and potash, gravel, and clay. Mining is required to obtain any material that cannot be grown through agricultural processes, or created artificially in a laboratory or factory. Mining in a wider sense includes extraction of any non-renewable resource such as petroleum, natural gas, or even water.
These are leased by affluent operators from the government against a upfront lease payment plus royalty as a percentage of the value of production.
DIAMONDS ARE FOREVER....
- ERP software review and implementation assurance
- Valuation of Business
- Acquisitions, Mergers, De-Mergers
- Sale of Business
- Improving systems and controls
- Fraud investigations
- Statutory audits