the costs & benefits of mineral resources. mineral resources and reserves defining factors...

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The Costs & Benefits of MINERAL RESOURCES

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Page 1: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

The Costs & Benefits of

MINERAL RESOURCES

Page 2: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Mineral Resources and Reserves

• Defining factors– Geology, technology, economy, and legality

Resource = Usable economic commodity extracted from naturally formed material (elements, compounds, minerals, or rocks)

Reserve = Portion of a resource that is identified and currently available to be extracted legally and profitably

Page 3: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Problems with Resources

• LIMITED AVAILABILITY!– Nonrenewable resources

• Finite amount but growing demand

– Supply shortage due to global industrialization• More Developed Countries consume a disproportionate

share of existing resources

– Erratic distribution and uneven consumption • Highly developed countries use most of the resources;

supply varies

Page 4: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Responses to Limited Availability

• Find more sources

• Find a substitute

• Recycle

• Use less and make more efficient use of what is available

• Do without

Page 5: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Major Import Sources

• Friends– Canada: Metals

– United Kingdom: platinum, rare earths

• Other– China: graphite, tin, tungsten, rare earths

– South Africa : platinum, fluorspar, diamonds

– Chile: arsenic, iodine

Page 6: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

• Backbone of modern societies• Availability = a measure of a society’s wealth• Important in people’s daily life as well as in

overall economy• Processed materials from minerals account for 5%

of the U.S. GDP• Mineral resources are nonrenewable

Mineral Resources

Page 7: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Mineral Value

• Direct value– Raw, mined minerals

– Recycled, reused, and repurposed

– Imports vs. exports

• Indirect value– Processing and manufacturing of resources

and goods

• Value added– Agriculture and Sales of goods

Page 8: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Common Use of Mineral Products

METALLIC

HYDROCARBON

NON-METALLIC

Page 9: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Geology of Mineral Resources

• Metallic ore – Useful metallic minerals that can be mined for a profit– Technology, economics, and politics

• Concentration factor– Concentration necessary for profitable

mining, e.g., for gold is about 5000• Variable with types of metals

• Variable over time

Page 10: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Genesis of Mineral Resources

Page 11: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Plate Tectonics and Mineral Resources

• Plate boundaries– related to the origins of many ore deposits

• Plate tectonic processes– high temperature & pressure– partial melting – promote release and enrichment of metals

along plate boundaries• Metal ores are common at plate

boundaries– Iron, Copper, Zinc, Lead, Gold, Silver

Page 12: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Example: Mid-ocean ridge

• Circulation of sea water– Salty and metallic

• Heated, then cooled– Precipitates ores

• Can we mine MOR deposits?

• What happens at subduction zones?

Page 13: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

What explains Urals, S. Africa?

Page 14: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Intrusive Igneous Deposits (Silverton)

• Major source of metals and mineral wealth

Page 15: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Mineral Resources and Environmental Impact

• Environmental impacts …– From mineral exploration and testing

– From mineral mining

– From mineral resources refining

– From mining waste disposal

Page 16: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Environment Impact of Mineral Development

• The impact depends upon many factors:– Mining procedures– Hydrologic conditions– Climate factors– Types of rocks and soils– Topography

• Role of Culture– NIMBY (not in my back yard)– Need/desire for jobs

Page 17: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Impact of Mineral Exploration and Testing

• Mineral exploration and testing– Surface mapping, geochemical, geophysical,

and remote-sensing data collection

– Test drilling

• Impact– Generally minimal impact

– More planning and care needed for sensitive areas (arid, wetlands, and permafrost areas)

Page 18: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

General impact

• Direct impact on land, water, air, and biological environment

• Indirect impact on the environment: Topographic effect, transportation of materials, etc.

• Impact on social environment:: Increased demands for housing and services

Impact of Mineral Extractionand Processing

Page 19: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Impact of Mineral Extraction& Processing

• Land disturbances• Waste from mines:

– Area required for waste disposal = 40% all mine area

– Mining waste makes up 40% of all solid wastes

• Special mining, cyanide leaching from gold mining

• Mining acid drainage, during mining and post-mining

Page 20: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable
Page 21: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Impact of Mineral Extractionand Processing

• Water pollution– Trace elements leach

into water• Cd, Co, Cu, Pb, Mo, Zn

– Flooding of abandoned mines• oxidation of sulfide ores

= sulfuric acid

– Acid mine drainage from tailings

Page 22: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Minimizing the Impact of Mining

• Transfer knowledge and technology from developed countries developing countries

• Strengthen Environmental Regulations– Forbid bad mining practices– Clean Air Act– on- and offsite treatment of wastes

• Land reclamation– ~50% of land used in mining industry reclaimed

• Use of new biotechnology in mining– Bio-oxidation, bioleaching, bio-absorption, genetic

engineering

Page 23: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Minimizing the Impact of Mining

Page 24: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Recycling Mineral Resources

• Why recycle? Consider the impact of the wastes– Toxic to humans

– Dangerous to natural ecosystems

– Degradation of air, water, and soil

– Use of land for disposal

– Aesthetically undesirable

Page 25: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

• Almost all waste contains recyclable materials

• Recycling saves money• land and ecosystems• Water and air• Energy• Raw minerals from more mining

• Saves energy and money when recycling instead of refining raw ore materials

• Recycling has been proven to be profitable and workable

Recycling Mineral Resources

Page 26: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Recycling Mineral Resources

• Amount of Metal used in the U.S.• 134 million metric tons (Mt)• $32 billion

• Iron and Steel 88.6% weight and 27.7% value• Aluminum 38.0% value

• Recycling scrap requires 1/3 the energy compared to refining virgin ore

• Recycling contributed 76.9 Mt of metal• $14.2 billion or 58% of metal’s weight• Most recycled: Pb 65%, Fe 60%, Cu 48%• Least recycled: Zn 26% and Sb 27%

Page 27: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Minerals and Sustainability

• Sustainability = long-term strategy for consuming the resources• Find an alternative material for metal, ex: glass

fiber cable for copper wires• Use raw materials more efficiently• More Research & Development• Innovative substitutes• Ways to maintain the Resource : Consumption• A solution to the depletion of nonrenewable

resources

Page 28: The Costs & Benefits of MINERAL RESOURCES. Mineral Resources and Reserves Defining factors –Geology, technology, economy, and legality Resource = Usable

Questions…

1. Considering the fact that mineral resources are nonrenewable:a) Do you believe that technology will eventually

help to meet the growing demand for mineral resources?

b) If yes, explain.2. Biotechnology shows the potential for cleaner

minerals extraction and waste disposal. a) Could biotechnology bring about any

environmental problems?3. What types of environmental impact would occur if

we increasingly extract more mineral resources from the seafloor?