Personal Project 2016 – Mining Information Positive Effects: • Australia takes great advantage of its mineral wealth, as it holds a vast and diverse amount of natural minerals. Australia mainly relies on certain minerals to provide for its wealth. As of now, Australia is the leading producer of iron and bauxite. It is also the second largest producer of lead, alumina, and manganese. Not only are minerals an economic factor, but Australia is also considered to be the number one supplier of mining technologies and services. Approximately, around 60% of the world’s mining designed software is made by Australia. • Australia’s mineral resources consist of about 6% of Australia’s economy, and have generated around $125 billion in Australia in the past 10 years. Mining also possesses about 54% of Australia’s total goods and services as it delivers $138 billion a year from exports. The total economic …show more content…
Some of the provisions of the treaty stated that the Antarctica was only to be utilised for peaceful purposes, and scientific observations, research and investigations shall remain available and allowed to be followed upon in the future. No acts or claims of supreme power or authority shall be made in the Antarctica, and no sort of claims shall be made during the course of the treaty. At first, the potential risk of commercial mining wasn’t mentioned in the treaty, as fear arose due to the fact that the treaty may be put at risk, in the search of minerals. These concerns became present once again during the 1980s. However in Spain, Madrid 1991, the Protocol on Environmental Protection to the Antarctic Treaty was added onto the Antarctic Treaty, and was applied on all parties that initially signed the treaty. The Protocol on Environmental Protection to the Antarctic Treaty was also referred to as the Madrid Protocol and its sole purpose was to prevent mining on the