This case study shows how Anglo American ensures it operates in the most efficient way possible. Since 2008 Anglo American has, through the implementation of its AO programme, been able to deliver on its stated target of saving $1 billion from core operations by 2011. — Edition 16
This case study helps students understand sustainability, stakeholders and ethics as well as the links between these topics. — Edition 11
About the mining industry
The mining industry involves the extraction of minerals or other geological materials from the earth. The mining sector is composed of typically large and multi-national companies needing huge investment and resources. Mining exists in many countries including the UK (coal being best known, but also gold and tin historically) with Australia and Canada being best known for domestic mining expertise. The US mining industry is also large and is dominated by the coal and non-metal minerals.
Mining processes create potentially negative effects on the environment during operations and for years after the mine is closed. This has led to most of the world's nations adopting regulations to moderate these effects.
The mining industry may be separated into two sectors, one specialising in exploration for new resources, the other specialising in mining those resources. Mining operations can be grouped into five major categories in terms of their respective resources. These are oil and gas extraction, coal mining, metal ore mining, nonmetallic mineral mining and quarrying, and support activities for mining. Oil and gas extraction remains one of the largest in terms of its global economic importance.
In addition to these two sectors, various other industries such as equipment manufacture, environmental testing and metallurgy analysis also support the global mining industry.