What is Exploration Mining?
Introduction Mining exploration is a systematic series of activities aimed at discovering andevaluating the potential of mineral resources. According to Law No. 4 of 2009,exploration is defined as a series of activities intended to locate and identify thepotential of mineral resources, including coal. These activities encompass geologicalsurveys, preliminary exploration, advanced exploration, and feasibility studies. Thetypes […]
Overview of Risks in Each Stage of Mining Industry Development
The mining industry is inherently capital-intensive, requiring substantial financial investments in infrastructure, equipment, and technology. Mining projects involve enormous costs for exploration, development, and ongoing operation. The sheer magnitude of capital investment exposes mining companies to financial risk, particularly during periods of volatile commodity prices and economic downturns. Mining operations occur in environments characterized by […]