Why is mining referred to as Robber industry?

Answer 1

Mining is often referred to as the "robber industry" because it can lead to the exploitation of Natural Resources without adequate compensation to local communities or consideration for environmental impact. This term highlights the negative consequences of mining activities, such as land degradation, pollution, and social injustices, where profits are often repatriated to foreign companies rather than benefiting the local populations. Additionally, it underscores the perception that mining can strip regions of their wealth while leaving behind ecological and social harm.