Mining companies are businesses involved in extracting minerals or other valuable materials from the earth's surface. These companies typically engage in activities like prospecting, exploration, and extraction.
Related terms
Prospecting: Prospecting refers to the process of exploring an area for potential mineral deposits before committing to full-scale mining operations.
Extraction: Extraction involves removing valuable minerals or materials from the ground through various methods, such as digging, drilling, or blasting.
Regulation: Regulation refers to rules and guidelines set by governing bodies to oversee and control activities within specific industries, including mining.