Chronicle Journal: Finance

Agriculture and Mining: Can They Coexist?

Mining is the extraction of minerals, ores, clay, fossil fuels, gravel and stone, among other commodities. The increase in demand for minerals, such as gold and silver, has influenced a steady rise in metal mining and mineral extraction from the ore over the years. The mining industry provides different industries with raw materials by a variety of entities like Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR). Take for instance, the steel and iron industries who use mineral ore as a raw material for their operations. The finished products of these industries are used as raw materials in other industries as the industrial system encompasses several inputs, processes as well as outputs.

The agricultural industry on the other hand, is one of the most essential industries in the world.  This industry predominantly thrives on fertile land and water resources. Agricultural produce demand is significantly increasing due to the population surge. It is noted that the world market is inclined to pay more for organically grown products with an abundance…

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