answersLogoWhite

0

Is mining an expensive job

User Avatar

Anonymous

14y ago
Updated: 8/18/2019

Salary wise, mining can pay poorly, or it can pay very well. You might get a dollar a day at a mine in India, but you might make over $100,000 a year at a big diamond or gold mine in the far north of Canada, where high wages must be paid to attract qualified workers and make up for appallingly tough working conditions.

If you're asking whether mining itself is expensive, that's also highly variable. A small mine can be started by one man with a drill and a case of dynamite. The current average cost of starting a serious mine these days, however, is around a billion dollars.

So, to sum up, mining can pay well, and can be very expensive indeed.

User Avatar

Wiki User

14y ago

What else can I help you with?

Related Questions

What is the most expensive mining?

underground mining


Why is copper so expensive?

The law of supply and demand dictates that the more scarce a commodity is, the more valuable it is. Therefore, precious metals like gold, silver, and copper are very expensive. Additionally, mining of metals has a huge overhead cost in mining machinery, territory rights, and in paying workers enough to compensate for how dangerous the job is. That is to say, mining companies charge a lot for their products because it is expensive just to obtain them.


What is a job to do with mining?

A miner


What is a mining industry?

A mining industry is a mining business or a type of job out of all the other jobs.


Is mining a risky choice?

well mining could be risky job.


What is the major job in Alaska?

Mining


Why is open mining cheaper than deep mining?

it is cheaper because for deep mining ,the more deeper the minerals lies, the more difficult it is to discover and the more expensive to mine


What kind of job did the Irish have in pa?

Coal mining


What are the benefits of cast mining compared to underground mining?

Underground mining is very expensive, and "room and pillar" methods only permit removal of a portion of what is being mined- something had to hold up the roof.


When will job recruiment in cil for post of mining sirdar in india?

The job recruitment in Cil for the post of mining Sildar in India is still under review. It will be concluded before June this year.


Are there any Mining jobs available in NC?

Yes, there are mining jobs available in North Carolina. www.monster.com, www.hotjobs.com, and www.careerbuilder.com will help you find mining job opportunities in your area.


Which is a drawback to the use of oil shale to produce energy?

Processing, mining, and waste disposal is expensive.