development of a country mainly depends on the composition of its natural
resources. Examples of natural resources include forestry, minerals and
commercial sources of energy such as coal, oil, natural gas and hydro power.
Mining and mineral processing are activities for extraction and processing
minerals for commercial use. India has huge reserves for Aluminium, Iron ore,
Manganese, Copper, Coal etc. Moreover, demand for minerals as well as for
mining services is imperative in our country.
By virtue of mining being a
risky venture and involving allocation of precious natural resources, it has
the potential of creating wealth out of earth. This potential has a flip side –
illegal mining, social and environmental degradation. Few instances of illegal
mining have created negative perception for entire mining industry. India being
developing country with increasing population, especially comprising of young
age group that consecutively increases the use of minerals in various fields as
mining provides raw materials for a host of basic industries such as steel
& power and therefore it is a backbone for manufacturing and infrastructure
sectors. Mining should be developed and operated in environmentally sound
manner with least impact on environment.
In developing countries, mining is a key sector and
continues to grow. Mining and mineral sector contribute to global transition
through sustainable development. However, mining is considered inexpedient for
environment and social development. There is a need to address the
environmental, economic, health and social impacts along with benefits of
mining throughout their life cycle. Further, there is a need to promote
sustainable mining practices through the provision of financial, technical and
capacity-building support in developing countries and countries with economies.
It is against this
background that FIMI is organizing the Sustainable Mining Summit at Hotel Mayfair
Lagoon, Bhubaneswar from 10-11 May, 2016. The summit therefore aims to discuss
various environmentally sound engineering practices and
technologies in the mineral sector in the backdrop of international situation.
Various stakeholders, including Government agencies, regulators, mine owners,
mine and environmental managers, civil society organizations and
legislators/judiciary are expected to come together on this platform to
deliberate on these very important issues at a turning point in the Indian Mining