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A systematic review of the use of environmental economics in the mining industry

Menegaki Maria, Damigos Dimitris

Journal of Sustainable Mining

2020

Vol. 19, iss. 4

254--271

Environmental economics is increasingly being used in project appraisals, environmental liability estimates and design of market-based instruments. Mining, an actor capable of causing adverse effects on the environment, human health and well-being, has already been affected by these developments, at a great extent. Up to date, several research studies have been carried out to monetise the externalities of mining projects. Nevertheless, a systematic review of these publications has not been carried out, yet. This paper aims to fill this gap in the literature by investigating (i) the main non-market valuation techniques used; (ii) the main external costs or benefits of mining projects monetised; and (iii) the monetary estimates of mining-related externalities. The analysis shows that practically all economic valuation techniques have been implemented towards assessing, in monetary terms, the mining impacts on the environment. However, the findings from the statistical analysis reveal a wide range of monetary estimates, which are attributed not only to the valuation methods and assumptions used but also to the specific characteristics of the mining projects in question. Also, the research draws directions for future work, as the analysis of the published studies indicates areas of limited availability of estimates or high heterogeneity between the available estimates.

Assessing the visual impacts of surface mining: a systematic review

Menegaki Maria

Acta Innovations

2020

no. 37

21--35

This paper provides a systematic review of the methodologies used to evaluate the visual impacts of surface mining. The main objectives are: (a) to analyse the scientific literature and identify the most important issues and the methods and tools used; (b) to conduct an analysis using descriptive of statistical methods and qualitative interpretation; and (c) to evaluate the state of knowledge on this particular topic and identify gaps in the literature, to suggest future research directions. The findings of the analysis suggest that there is no single method capable of integrating all dimensions of the landscape and, thus, future research should put more emphasis on incorporating as many factors contributing to the visual impact of mining as possible towards developing holistic approaches.