Many industries and businesses are nowadays seeking to attain a level of sustainability. In the business world, sustainability means doing something that benefits the needs and wants of the people but also does not harm the chances for the coming generations to do the same. The mining industry has also considered this possibility, but it is quite tough because the minerals extracted are non-renewable. However, after careful deliberation, here are a few sustainable methods that work.
Reuse and Recycling
So many companies are seeking to mine gold because the demand for the precious metal is never satisfied. To help in quenching the desire for gold, companies are advised to focus on reusing and recycling of the available material. Restructuring of all the traces of gold in circulation will stop companies from drilling different regions of the earth while looking for more gold. Although the gold in circulation seems to be scarce, it is not. If properly managed, the element will be sufficient to sustain this generation.
Strict Mining Regulations
Several countries have already come up with strict rules on how and where mining should take place. Before a company embarks on mining, they are required to sign a contract indicating that they agree to the terms and conditions. If the corporations violate these terms, the mining plant is shut down. The regulations have helped reduce the adverse effects that mining has on the environment. Also, by specifying the methods to be used during mining, the rate of extraction has been reduced. This ensures that some minerals will be left by the time the future generation arrives.
Although mining is encouraged to some extent to boost a country’s economy, there are some zones where mining cannot be allowed. Places that are revered by a given community or culture and also ecologically sensitive sites have been marked as restricted areas. Safeguarding these places ensures sustainability and creates a reserve for future generations.