The region contains 687 million tons of proved reserves of apatite ores, and ten iron ore deposits with total reserves of 3.2 billion tons including 1.8 billion tons of proved iron ores reserves.
Are there minerals in the Arctic?
The most popular minerals include coal, iron ore, zinc, lead, nickel, precious metals, diamonds and gemstones . Arctic Aggregates Production Rock, stone, sand and gravel are mined throughout the Arctic region for a variety of construction projects onshore and off.
How much natural resources are in the Arctic?
The Arctic holds an estimated 13% (90 billion barrels) of the world’s undiscovered conventional oil resources and 30% of its undiscovered conventional natural gas resources , according to an assessment conducted by the U.S. Geological Survey (USGS).
How many mines are in the Arctic?
However, a number of these might well be economic in the future with additional reserves based on further exploration (SLIDE 25). There are 47 large mines , 51 large unexploited deposits and 57 potentially large deposits in the database based on the relative value of the in situ metal contents.
Is Antarctica rich in minerals?
Scientific expeditions have found valuable minerals in some of these Antarctic areas, including antimony, chromium, copper, gold, lead, molybdenum, tin, uranium, and zinc . None approach a grade or size warranting economic interest. Also noneconomic are the very large deposits of coal and sedimentary iron.
Why do people mine in the Arctic?
Mining. The Arctic holds large quantities of minerals , including phosphate, bauxite, iron ore, copper, nickel, and diamond . These are of pervasive use in industrialized economies. ... It also mined 100 M tons of iron ore, 6.25% of the global production.
Why is the Arctic so valuable?
The Arctic also helps circulate the world’s ocean currents, moving cold and warm water around the globe. ... so its important that Arctic development is sustainable . “
How much do Arctic miners make?
Norwegian miners can earn up to $100,000 a year , more than 10 times the pay of a Russian miner, according to Norwegian officials. Norway administers Svalbard but other nations can exploit natural resources under a 1920 treaty.
Is there gold in the Arctic?
A unique diamond and gold deposit has been located near the Arctic coast , about 155 kilometres southeast of Kugluktuk in Nunavut. The deposit bears “striking” similarities to the world’s largest, most dominant source of gold through history, say scientists.
What jobs are there in the Arctic?
- Marine Biology. Marine biology is an increasingly important field in the arctic as global warming continues to be a hot topic. ...
- Writing. Writing is a valuable asset to anyone looking for a career in a STEM field. ...
- Engineering. ...
- Photography. ...
- Geology.
What language is spoken in Antarctica?
The most commonly spoken language of Antarctica is Russian , which happens to be the official language of Bellingsgauzenia, New Devon, and Ognia. English is also one of the most widespread languages spoken. You can find English spoken in the Balleny Islands, New South Greenland, Eduarda, etc.
Do people live in Antarctica?
Although there are no native Antarcticans and no permanent residents or citizens of Antarctica, many people do live in Antarctica each year .
Which country owns Antarctica?
People from all over the world undertake research in Antarctica, but Antarctica is not owned by any one nation . Antarctica is governed internationally through the Antarctic Treaty system. The Antarctic Treaty was signed in 1959 by 12 countries who had scientists in and around Antarctica at the time.
Did you know facts about the Arctic?
The name ‘Arctic’ comes from a Greek word meaning ‘near the bear’. The coldest recorded temperature in the Arctic is around −68 °C (−90 °F). Over recent years, the Arctic region has shrunk due to global warming. Small shrubs can grow in warmer parts of the Arctic, as well as various herbs, mosses and lichens.
How is mining affecting the Arctic?
Mining operations in the Arctic do not sufficiently address climate change. Mining is heavily water dependent. Increased water variability can threaten a mine’s rate of production, its dust suppression ability and mine drainage, which could potentially harm the environment.
What is the industry in the Arctic?
Arctic Industry. Recent discoveries of oil, minerals, and diamonds in Arctic areas, and a growing interest in Arctic tourism , are bringing many non-indigenous people to the Arctic to live or visit.
