|Description||Mining will always impact the environment. There are, however, ways in which mining impacts
can be minimized and methods which allow for recovery up to a certain degree. This can be done
by smart mine design that incorporates potential post-mining use and mitigation measures
|What is the issue?||Most prevalent in the HoB is open pit coal mining (due to the relatively shallow location of the
deposits), while gold is mined mostly from the rivers. Since non-alluvial deposits are often found
together with copper, renewed interest is emerging in open-cast mining.|
Habitat loss, watershed and soil degradation, erosion, land subsidence, dust, social issues, degradation of water quality , hazardous waste are common problems related to mining. Coal is transported over long distances, adding to CO2 emissions and fragmenting habitats.
In addition, transshipment facilities are inefficient, resulting in more environmental damage. Gold is sometimes mined illegally in the HoB with the use of mercury, severely endangering human and aquatic life.
|Who is the seller?||Mining companies/ illegal miners|
|Who is the buyer?||Mostly electricity suppliers (coal power plants) or other industries requiring coal for energy in
their production processes, such as cement plants, asphalt factories or chemical plants.|
successful business model
|What can Banks/investors do?|
|What can the private sector do?|
|What can the Government do?||National:
|Contribution to…||Securing natural capital: Preventing the worst forms of degradation.|
Poverty alleviation: Creates jobs, infrastructure and capacity if tied into local economies.
Economic growth: Can generate job opportunities, qualified workforce and capacity if tied into local economies.