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Feb 23, 2012· As its name indicates, open pit mining is a method of extracting rock or minerals from open pits, like quarries and burrows. This ancient form of mining ...

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Believe it or not, mining and economics go hand in hand; they are both built on the premise of extracting a commodity at the lowest cost and selling at highest profits.

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Open pit mining is the preferred method for mining gold, silver, and uranium. This type of mining is also used to dig for coal and building stone.

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Unregulated mining has the potential to release harmful substances into the soil, air, and water. Open pit mining, where material is excavated from an open pit, is ...

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Open-pit, open-cast or open cut mining is a surface mining technique of extracting rock or minerals from the earth by their removal from an open pit or borrow.

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Surface mining, including strip mining, open-pit mining and mountaintop removal mining, is a broad category of mining in which soil and rock overlying the mineral ...

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Open pit mining -- or strip mining -- is an extraction process for ore or fossil fuels that takes place at the surface of a mining site. Worldwide, 40 percent of ...

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Advantages of surface mining include economic and financial benefits for miners and communities and a safer alternative to pit mining, but its disadvantages include ...

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Jan 26, 2009· Best Answer: Open-pit mining (as opposed to underground mining) has several advantages:- 1) Low cost of recovery - large trucks can enter the mine, get ...

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May 20, 2010· Best Answer: Open-pit mining, also called strip-mining: Pros -- It's easy and cheap for the mining companies, which does translate into a lower cost to you ...