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Small Scale Mining Industry in Nigeria. The mining industry in Nigeria is one of great potential. It is however only just developing. Smallscale mining is an integral part of mining in Nigeria, which can contribute to local and foreign exchange earnings as well as by encouraging foreign direct investment and boosting the country''s economy.
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An artisanal miner or smallscale miner (ASM) is a subsistence miner who is not officially employed by a mining company, but works independently, mining various minerals or panning for gold using their own resources. Smallscale mining includes enterprises or individuals that employ workers for mining, but generally using manuallyintensive methods, working with hand tools.
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Artisanal and Smallscale Mining in India 7 1 Some Preliminary Considerations In writing this paper I would like to deal first with some background notes and preliminary considerations which would help in better appreciating and understanding the different aspects of SmallScale Mining in India. 1.1 What is Artisanal Mining and SmallScale Mining?
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Smallscale and artisanal miners produced more gold than largescale companies in Zimbabwe in recent months. Proposed changes to the nation''s mining laws to recognize and support smaller operations could boost production even more, smallscale miners and their advoes say.
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Other large mining companies in India include Essel Mining, Rungta Mines, Orissa Minerals Development Company, Vedanta Resources, Hindalco, and Steel Authority of India. Smallscale opportunities exist in the used equipment market, despite the lack of a common trading platform. Mining equipment rental is nascent and slowly growing.
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In many developing countries, artisanal and smallscale mining (ASM) is largely a povertydriven activity which plays an important economic role. It is estimated that in the order of 13 million people in about 30 countries are directly engaged in smallscale mining, a significant proportion of whom are women and children.
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A small scale miner and local businessman, Joe Tomerop says Papua New Guinea will have a bright future, if the government sees the importance of alluvial mining. Tomerop, who has been in the business for five years, says small scale mining can rescue a country''s economy and foreign exchange.
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There are 35,535 gold mining equipment suppliers, mainly loed in Asia. The top supplying countries or regions are China, India, and Turkey, which supply 99%, 1%, and 1% of gold mining equipment respectively. Gold mining equipment products are most popular in
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