GineersNow Engineering Magazine November 2016 Issue No 009

More documents

Recommendations

Info

economic diversification and empowerment of the poor." Aside from creating jobs, implementing community development programs and implementing environmental management and enhancement programs, mining also tangibly contributes to the national and local economy through various taxes and royalties. In the Philippines, companies are required to pay an excise tax equal to 2% of revenue and corporate income tax equal to 30% of net income, on top of many other local and national taxes. The taxes and fees collected from mining amounted to around $450 million in 2014. 40% of this fund goes to the local government while 60% are kept by the national government. In Brazil, 3% of the net income arising from sales of mineral products constitute the Financial Compensation for the Exploration of Mineral Resources (CFEM). The CFEM is distributed to the states, municipalities and federal government directly affected by the mining industry. Mining contributes to society by providing jobs that can add wealth to the communities, by implementing social and environmental programs using best practices, and by paying various taxes and fees to the national and local governments. Science and technology also advances through mining. The challenges encountered in mining encourage creative thinking to develop innovative solutions to overcome those challenges. Such solutions can propagate to other industries and to our daily lives. Take for example the the steam engine that propelled the Industrial Revolution in Europe and paved the way to the modern combustion engine. This technology was initially used to quickly and cheaply pump water out of British underground coal mines in the 17th century -- replacing horses traditionally used in dewatering systems. Because of the challenge of dewatering the mine, some people came up with inventions to effectively and cheaply drain the mines, starting with a man named Savery who invented the first steam engine for water pumping. The steam engine design was further improved by others, most notably Watt, who coined the term "horsepower" when he was calculating the number of horses replaced by one steam engine. In the 1800s, the steam engine became portable enough to be used in the first steam-powered locomotive in Britain. The use of the steam engine for locomotive was then followed by the use of steam engine to propel ships in the United States. Initially used as a water pump to drain water from coal mines, the steam engine quickly gained popularity in other industries, especially in transportation, which quickened the trade of goods and propelled the industrial revolution. Mining opens opportunities to gather information about underground regions of the Earth's crust either through drilling or through excavation. Such information can help us better understand how the world works. For example, geologic data can help improve our understanding of how magmas move and cool or how minerals are deposited in the Earth's crust. Exciting archeological and paleontological findings are sometimes unearthed because of mining operations. In 2011, a three-dimensionally preserved fossil of an armored marine dinosaur (either plesiosaur or ichthyosaur) was discovered in the Millennium Mine in Australia while an excavator was digging oil-rich sand. And just this year, Namdeb Diamond Corporation in Namibia unearthed a gold-laden Portuguese ship that sank around 500 years ago by draining the part of the sea where the ship was submerged -- a feat made possible because of the mine's access to large equipment. Mining can contribute to science and technology by imposing challenges that encourage innovation, by opening up opportunities to study the Earth, and by sometimes excavating artifacts and fossils that can help archeological and paleontological research. Besides agriculture, mining is arguably a foundation of modern human society. We depend on its products to maintain and advance our quality of life. Since the stone age, we have been Photo by PhilippineLifestyleNews relying on mining to acquire raw materials that we need to make the products that we use.vIn the modern world we live in, our demand for raw materials is ever increasing. We need to mine for materials to make our tools, weapons, gadgets, appliances, vehicles, and communication infrastructure, among others. Mining also contributes to the local and national economies by generating jobs and paying taxes and royalties. Beyond these contributions, mining advances science and technology by encouraging innovation and by aiding geological, archeological, and paleontological research. We can expect society to continue to depend on mining for years to come, with more mines opening up to meet the world's demands. The vision then is a much more responsible mining industry that is increasingly disposed to ensure mitigated impacts and sustainable enhancement programs in the communities and the environment around it; supported by fair and effectively implemented government regulations. Do you think we can rise to the challenge? 20 NOVEMBER 2016 Mining Engineering and Its Importance
IS MINING ENGINEERING FOR YOU? Photo by GurukulVidyapeeth When choosing the course you’ll be taking in college, there’s a lot to consider before you finally settle with an answer for yourself. First, there’s your interest in a certain field. Then you have to consider the opportunities available once you graduate. Mining engineering involves extracting different metals and minerals in the most efficient way possible. Given the concerns people have for the environment nowadays, mining engineers not only have to think of the efficiency, one must also consider finding the process which least affects the environment negatively. Lastly, mining engineering involves safety as well. So if you decide to be involved in mining, your role as a mining engineer involves finding the safest, most efficient and responsible mining methods for your company. However, before you worry about those things, you may want to ask yourself these questions: 1. Do you like being outside the walls of an air-conditioned building? 2. Do you excel (or even understand) different math and science lessons? 3. Are you curious on how things work? 4. Do you love solving problems? 5. Are you interested in natural resources? 6. Would you even consider working underground? 7. Can you communicate well with other people? If you’ve thought long and hard and answered “Yes!” to all the questions mentioned above, then mining engineering may be for you! Mining engineering can be fun if your interest generally leans on math, sciences and outdoors. For more details about the course, you may want to ask the local mining engineers in your area or ask your guidance counselor to help you decide whether you should pursue this or not. NOVEMBER 2016 Mining Engineering and Its Importance 21
Page 1: WORLD’S FIRST ENGINEERING NEWS FO
Page 4 and 5: Editor's Note Mining is not exactly
Page 6 and 7: COVER STORY CATERPILLAR INC.: MORE
Page 8 and 9: 8 NOVEMBER 2016 Mining Engineering
Page 10 and 11: Sustainability is part of who we ar
Page 12 and 13: COVER STORY Agile is the methodolog
Page 14 and 15: THE ROLE OF MINING IN SOCIETY By En
Page 16 and 17: Photo by InfoMine project is to con
Page 18 and 19: Photo by Phys.org 18 NOVEMBER 2016
Page 22 and 23: CANADA’S URANIUM MINING CONSIDERE
Page 24 and 25: 10 BEST YOUTUBE CHANNELS THAT FEATU
Page 26 and 27: Photo by youtube FILIPINO ELECTRONI
Page 28 and 29: Photo by komatsu $30 BILLION MARKET
Page 30 and 31: FIND OUT WHAT DRONES SEE WHEN FLYIN
Page 32 and 33: WHICH COUNTRIES HAVE T LARGEST GOLD
Page 36 and 37: conventional bonnet design, they of
Page 38 and 39: WHAT ARE THE MOST MINERALS AND META
Page 40 and 41: AUSTRALIAN MINING ACTIVITY INCREASE
Page 42 and 43: 10 ISSUES AND TRENDS THAT AFFECT TH
Page 44 and 45: FOUR INCREDIBLE OPEN PIT MINES Mini
Page 46 and 47: Why Engineering Students Hate Losin
Page 48 and 49: Photo by Wikipedia THIS IS MINING I
Page 50 and 51: AUSTRALIA ADVANCES CHANGE: FROM MIN
Page 52 and 53: NICKEL VALUE TO LESSEN IN 2017, BMI
Page 54 and 55: Will Hodgman Photo by TheAdvocate T
Page 56 and 57: MECHANICAL ENGINEERS WHO SHAPED THE
Page 58 and 59: JHARIA, THE HOME OF INDIA’S BLACK
Page 60 and 61: WHAT LIES AHEAD FOR CONSTRUCTION EQ
Page 62 and 63: Photo by SaskatchewanPolytechnic GE
Page 64 and 65: Photo by ETHZürich THIS IS HOW MUC
Page 66 and 67: CIVIL ENGINEERS WHO SHAPED THE CONS
Page 70 and 71:
THIS COMPANY WANTS TO MINE GOLD AND
Page 72 and 73:
Photo by ProjectsIQ WORLD’S 40 BI
Page 74 and 75:
INSIDE THE WORLD’S LARGEST UNDERG
Page 76 and 77:
OLD COUPLE WOKE UP TO SINKHOLE CAUS
Page 78 and 79:
Photo by ResolutionPossible Photo b
Page 80 and 81:
BEAUTIFUL MINERALS AND STONES YOU W
show all

GineersNow Engineering Magazine November 2016 Issue No 009

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?