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The Bao Lyon Group, LLC Mining & Exploration
We define mineral deposits as natural accumulations of minerals in the earth crust, in form of one or several mineral bodies which can be extracted at the present time or in an immediate future. Mineral deposits (metallic, non-metallic and combustible materials) constitute major raw materials for industrial development today, and the demand for these raw materials is ever increasing. Mineral deposits include several different types related to magmatic, hydrothermal, sedimentary and metamorphic processes.
While exploration and mining can sometimes be performed by individual entrepreneurs or small business, most modern-day mines are large enterprises requiring large amounts of capital to establish. Consequently, the mining sector of the industry is often dominated by multinational companies, most of them publicly listed.
In today's global economy, what is referred to as the 'mining industry' actually involves two sectors, one specializing in exploration for new resources, the other specializing in mining those findings. The exploration sector is typically made up of individuals and small mineral resource companies ("juniors") dependent on venture capital. The mining sector is usually a large multi-national company sustained by mineral production from their mining operations. In addition to these two industries, various other activities such as equipment manufacture, environmental testing, and metallurgy analysis also rely on and support the mining industry throughout the world.
Mining operations can be grouped into five major categories regarding their respective resources. These are oil and gas extraction, coal mining, metal ore mining, nonmetallic mineral mining and quarrying, and support activities for mining. Out of all these categories, oil and gas extraction remains one of the largest concerning its global economic importance. Prospecting potential mining sites, a vital area of concern for the mining industry is now done using sophisticated new technologies such as seismic prospecting and remote-sensing satellites.
Utilizing broad international connections, The Bao Lyon Group, LLC can provide your company with buyers, sellers or distributors for your products, worldwide. Contact us for details.
"Mining is a risky business. In order to minimize this risk it is crucial to have an in depth and well defined understanding of the geological region when targeting and developing prospective sites."
"The science of prospecting for deposits large enough for commercial viability involves extensive field work prior to any extraction operation. Mining exploration includes material sampling and analysis which is costly and time consuming when performed with traditional laboratory based methods."
"The science of prospecting for deposits large enough for commercial viability involves extensive field work prior to any extraction operation. Mining exploration includes material sampling and analysis which is costly and time consuming when performed with traditional laboratory based methods."
- ASD, Inc.
