The mining industry in developing nations often lacks the enforcement of ethical principles, laws

The laborers in the mines are being completely victimized in order to make money, clearly demonstrated by Disraeli’s words. Child labor abuse was not exclusive to coal mines however.

The owners of the mining companies should help the poor kids because going down into an industrail of obtaining coal or other minerals from a mine. The children will grow up with lots of pain, containing back pains, breathing, heart issues for being down there or working through tough conditions. The owners need to help the kids more than the adults because the kids haven’t experienced life yet.

In short form, Section 1502 of the Dodd-Frank Wall Street Reform and Consumer Protection Act mandates disclosure of conflict minerals originated in the Democratic Republic of the Congo (DRC) to the Securities Exchange Commission (SEC) and due diligence in sourcing those conflict minerals. Conflict minerals include gold, tantalum, tin, and tungsten, which are used in many popular consumer products used and manufactured throughout the globe. The use of conflict minerals is a growing concern for consumers due to the fact that in the DRC where these minerals can be mined cheaply, an alarmingly high amount of human rights violations are committed by Congolese warlords and

El Salvador, the smallest country in Central America has become the first country in the world to ban metal mining after a series of disputes with a Canadian-Australian company over the environmental aspects of the gold project. The country also has a partial ban in elements, such as the cyanide. The gold project was established between the company mentioned earlier and El Salvador. This project was supposed to bring economic benefits for the country. It is important to recall that metal mining has been one of the biggest sources of the income of the country since the 1990s after its civil war. Moreover, El Salvador is facing external debts and does not have many sources to pay it back. Hence, the gold project was seen as a crucial source of income. However, El Salvador has terminated this project because it was going to do a lot of environmental damages. A group composed of officials, lobbyists, academics and the church were united for the bill passed in the country against gold mining. The draft law against mining passed with 69 votes in favor, even though only 43 ballots were required for the bill to be passed.

More than half of the world’s supply of cobalt is delivered from DR Congo. 40% of all workers in mines are children. Children as young as seven work in extremely harsh conditions to mine cobalt which ends up in a lot of items we use in our daily life such as smartphones, cars, and computers. Mining is one of the worst forms of child labour, due to the hazardous conditions and strenuous work, and In 2014, approximately 40,000 young boys and girls were forced to work in the unbearable heat with clouds of red dust and almost no light. Many have sported various infections from working in polluted water. Children are forced dig at depths of 200 to 300 meters and are at constant risk of rock slides, or other accidental deaths. In a World

However there is also a advantage for mining diamonds. This is most effective in Africa, diamonds is an essential part in Africa to increase the economic growth and therefore again increasing the GDP per capita in Africa. Some statistics have shown that if there wasn’t diamond mining in Africa.(DTC Indian Diamond shortage, n.d.) Africa will be in a even worse situation. An approximate 65% of the diamonds comes from Africa and some African countries such as Namibia have an annual export earning of 40%, therefore an big impact in the Namibia society. Also there it is known that because of diamond industry in Botswana children are able to have free education until the age of 13. (DTC Indian Diamond shortage, n.d.) Therefore from these sources it is shown that although the profit that is earned by mining diamonds are used in an incorrect way. However there are also positive impact on the society, as said above.

Where in countries such as Chile and Argentina, policies have been implemented favoring MNCs as opposed to indigenous people. These policies have given these MNCs more or less absolute right to remove indigenous people from mineral rich land. (Gordon & Webber, 69) Furthermore, mining projects such as the Pascua Lima gold mine can have massive externalities both socially and environmentally. The proposed plan to transfer roughly 10 hectares of glacier sitting above the Huasca Valley would have robbed farmers of their water source, drastically altered local habitats and the cyanide run off from cyanide heaping would have contaminated local water. (Gordon & Webber,

If you want to fight this problem on the long term you should fight this problem at its roots. The biggest problem is probably poverty, where the miners and sex workers come from. This people don’t have any other things they where they can work and they feel like they have the same right like international cooperations to dig for gold in the same

Every time one of these miners go to work they have to worry about numerous problems and one of the biggest ones is the ones they can't even control. Unfortunately, these miners are affected by minor changes in the tin market, these miners must watch the tin prices since if they drop they might lose their bonuses or even their jobs. I believe this is astonishing since you would believe this incredibly dangerous and demanding job would pay higher prices since its extremely dangerous andd numerous Bolivians die, become maimed, or are infected by breathing in dust

In today’s world of global trading, multinational corporations that are looking to expand on profits turn out to operate against the welfares of the world’s poorest countries. In the documentary, “Stealing Africa,” the film director, Christoffer Guldbrandsen, brings forward the concerning economic attention of the country of Zambia, located in South Africa. Zambia is known as the third largest copper reserves across the world, owned by multinational corporations globally. Due to such a heavy abundance of natural resources in Africa, the majority of the economy of Zambia revolves around the mining industry, which is like the backbone of the country. As the natural resources in Zambia remain rich, multinational companies, specifically Glencore, grew in investments resulting in the guilt of tax avoidance and undervaluing copper, which resulted in a downfall for the revenue of copper in the nation of Zambia. Guldbrandsen talks about the country of Zambia’s abundance of natural resources, yet their struggle to remain above the poverty line, as it is ranked in the top 20 poorest countries. Guldbrandsen insists that due to privatization starting from the year of 2001, the mining industry in Zambia has taken a downfall. Although the country of Zambia is very rich in resources, maintains the top copper mine in the world, a person a day lives below a dollar and almost eighty percent of the population remains unemployed.

The study aimed at finding out how Rio Tinto as a company deals with corporate governance and business ethical challenges that are facing and their solutions to deal with these challenges. Specifically the study appraised the factor affecting the organization and appropriate measures and procedures is the organization has used in dealing with these issues.

Royal Dutch/Shell Group operates on a global basis, and is well known for continuously striving to look beyond horizons. Using examples from the case study, critically examine the main arguments for and against 'globalization' in the global mining and metals industry in terms of:

In our days, mining for resources is inevitable. The resources we need are valuable in everyday life. Such resources mined up are coal, copper, gold, silver, and sand. However, mining poses environmental risks that can degrade the quality of soil and water, which can end up effecting us humans if not taken care of and many of the damages are irreversible once they have occurred.

South Africa is world leading in mining. The discovery of minerals in this country has attractive many investors and has been the backbone of the country’s economy – leading to many benefits that the people of South Africa could take advantage of. However, not all the benefits are shared equally, and there is a lot of exploitation surrounding the mining sector. This essay will be discussing the issues surrounding the labour exploitation in the mines and the resulting consequences.

The mining industry has seen an explosive growth from the past few decades. It has played an important role in economic growth, infrastructure development and a raise in the living standard of the whole world. According to the Australian National Accounting System, the mining sector has made contributions of 9.8% GDP growth to the Australian economy between 2008 to 2009 (Australia Bureau of Statistics, 2012). However, the mining industry has caused many environmental issues such as adverse effect to air, land and water quality and continues to affect global environment as a whole. According to the World Health Organization, it evaluated that 25% of worldwide death are directly associated with environmental pollution (Blacksmith Institute, n.d). This essay will outline the environmental issue raised by the mining industry with pinpoint focus on the effects to air, water and land. It will also provide strategies for mining companies to improve the environmental conditions.