2 Reasons Why Gold Prospecting In Canada Is Essential In Today’s World
Precious metals are central to our modern way of life. Inarguably, we cannot function effectively without them. They are used in the production of materials for the manufacturing, construction, and other industries. And guess how you get those precious metals and minerals? That’s right, through mining. It is currently the way those inorganic minerals are extracted. Some of the solid minerals mined are Iron, Gold, Copper, and so on. And some of the liquid and gaseous minerals extracted are crude oil and natural gas. Though gold prospecting in Canada typically is hoping to mine gold and a few other minerals, mining is a much broader industry.
And just to mention how dependent the modern global economy is on gold prospecting in Canada. Electricity is generated through the burning of coal, petroleum products, and natural gas. And electricity is generated for many purposes such as for cooling and heating homes, for lighting needs, for the preparation and preservation of our food, and a host of other uses.
Also, cement that is applicable and used in almost all construction works globally is made from limestone as the major mineral for its production. And where is limestone from and how do we get it for the production of cement? That’s right, through mining operations like the mining operation that a Yukon miner does.
On the other side of it all; steel (that is immensely used in the construction of skyscrapers, road, construction equipment and machinery) is an alloy of iron. And where is iron gotten from and how is it gotten? Everybody could answer that.
Now let’s delve a little into the production of electricity or power generation in which no civilized society or economy could exist without. Though renewable energy is a source for the production of electricity, fossil fuel and uranium constitute an overwhelming percentage of global energy production. So, it is obvious that renewable energy still represents only a small fraction of today’s global energy consumption. For example, hydro has a current estimate of 8 percent of global energy generation. That’s very low, right? See the immense role mining operations play in the global economy? Apparently, it is not only in the generation of power.
So what are other reasons why mining is very essential in today’s modern world? Here are some specific reasons why.
1) Employment Opportunities:
The mining industry employs hundreds of millions of peoples who depend on it as their primary source of income. And good question would be: without it how are those people going to make a living when the present global employment rate in the developed world is fragile and fluctuating with myriad of people who currently have no job security?
2) Source of Minerals:
Many factories and industries need those essential minerals for the production of a variety of industrial products like TV, smartphones and Tablets, PCs, and a lot more consumer products.
These are some of the reasons why mining is very essential in today’s digital age when most digital equipment are made from minerals from mining.
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