Results for tag: "Resource Extraction"

Resource extraction is the process of obtaining resources from the Earth's surface or subsurface. It is a major component of the mining industry, which involves the extraction of valuable minerals or other geological materials from the earth. Resource extraction is used to obtain resources such as coal, oil, natural gas, and metals. It is also used to obtain non-metallic resources such as sand, gravel, and limestone. Resource extraction is a complex process that involves a variety of activities, including exploration, drilling, blasting, and hauling. Resource extraction is a major contributor to the global economy, providing jobs and generating revenue for governments and businesses. It is also a major source of environmental pollution, as it can cause air and water pollution, land degradation, and other environmental impacts. Some of the major companies in the resource extraction market include BHP Billiton, Rio Tinto, Anglo American, Glencore, and Vale. Other companies include Barrick Gold, Newmont Mining, Freeport-McMoRan, and Teck Resources. Show Less Read more