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1. Kenyan Mining Project
Kenyan Mining Project
Mining Development VS. Social Disruptions: Assessing Both The Social Benefits & Social Costs of Titanium Extraction Efforts in Kenya With what was initially thought to be a feasible resource extraction proposal, has in turn lead to an onslaught of both economic and social uncertainties among more then five thousand Kenyans. Tiomin Resources, a Canadian based mining company, has shown a ferocious interest to construct 3 titanium based extraction mills along the Indian Ocean within the residence of the economically struggling providence of Africa. The proposed site(s), which rest in the fertile sand dunes along the Kenyan Coast, are thought to hold / embody one of the largest supply(s) of both titanium and zirconium bearing minerals in the world. Despite what stands to be both an economical and social jackpot for one of the largest mining Corporations in the world, has in turn generated a spin off and or threat of both economic and environmental externalities from formulating in the near future. Among the focal points of major concern(s) rest the vantage points of two distraught parties. With more than ten thousand small-scale farmers in threat of being forced of their native soil, Kenyan’s argue the feasibility dynamics of such proposals aren’t socially balanced. Tiomin Resources rebuttals by addressing the profitable socioeconomic impact their proposal presents if operations where established in the financially dying province of Africa. As this heated debate continues, it soon becomes a question of assessing the feasible equity each party is willing to negotiate for. Not only is it imperative to question the long-run economical balance of such proposals but so to be it fitting to address the adverse effects such operations would have on the surrounding environment & short – run economical balances.
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