goldmining
By Timothy J. Killeen The Pan Amazon is a significant source of several key industrial commodities. Global markets are not overly dependent on the region; nonetheless, production from Amazonian mines is not insignificant. Development of mineral resources is a decades-long process and, if the extractive sector were to abandon the region, as proposed by some environmental advocates, the global economy would find other geographies to supply these essential minerals. Oil and gas production is insignificant at the global scale (< 0.1%) and production could be wound down without difficulty. In purel...
Mongabay
By Timothy J. Killeen Gold is universally recognized as a form of money that has retained value over decades, centuries and millennia. Since it is non-corrosive and precious, approximately 95% of the gold mined since the dawn of civilization remains in circulation (~205 million tonnes). The largest share (~47%) is held as jewelry, which in addition to its sentimental value is an important store of family wealth. Governments hold ~17%, which was used historically to back the value of national currencies and, although this is no longer the case, these reserves are often used in times of politica...
Mongabay
By Timothy J. Killeen Mineral extraction is a major cause of contention among the inhabitants of the Pan Amazon. Thousands of families depend on economic activity that originates, directly or indirectly, from the mining and hydrocarbon industries. Simultaneously, thousands of families suffer, directly or indirectly, from the impacts caused by the exploitation of non-renewable natural resources. The mineral sector can be organized into three areas based on the type of commodity being extracted: (1) Industrial minerals, such as iron ore, bauxite, copper, zinc, magnesium, nickel, lead, molybdenum...
Mongabay
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