Resolve tensions at a mine prospect

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Some promising future mining executives from the Colorado School of Mines have been dispatched to resolve tensions at a mine prospect in Africa. The local community is divided - one group thinks mining will be good for the local economy. The opposing group is not happy because they believe that the beautiful, rolling, green hills will be destroyed and fishing communities impacted. The opposing group is willing to allow mining operations to proceed if the mine life is at least 10 years. The ore reserve is estimated as 12 million tons of ore, and the mining rate per year is 240,000tons per year. Will mining be allowed in this area?

Reference no: EM132636540

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