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Beneficiation

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Beneficiation

In mining, beneficiation (occasionally spelled "benefication") is one of a variety of processes that take extract ore from mining and separate it into the desirable mineral and gangue, the part of the ore that is unusable.

Based on this definition, people occasionally use the term metaphorically for economic development and corporate social responsibility to describe the proportion of the value derived from asset exploitation that stays "in country" to the benefit of local communities.[1] For example, in the diamond industry, the beneficiation imperative argues that cutting and polishing processes within the diamond value chain should be conducted in-country to maximise the local economic contribution.[2]

See also

References

  1. ^  
  2. ^ >"Beneficiation". Department of Mineral Resources, Republic of South Africa. 

Further reading

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