Importance of Sustainability in the Mining Industry

Running head: REFLECTIVE REPORT
REFLECTIVE REPORT
Name of the Student:
Name of the University:
Author’s Note:

1REFLECTIVE REPORT
Table of Contents
Introduction................................................................................................................................2
Overview of the concept of Sustainability.................................................................................2
Importance of the concept of Sustainability within the mining industry...................................3
Three important stakeholders affected by the business operations of Mulga Meadows............3
Three important sustainability criteria for Mulga Meadows......................................................4
Legislative requirements related to the business operations of Mulga Meadows......................5
Reflection on Group Activity.....................................................................................................7
Knowledge and application of effective group processes......................................................7
Effective interpersonal skills when engaging with team members........................................8
Recognise and capitalise on the skills of group members......................................................8
Recognise and respect diversity of values and experience of group members......................9
Contribute equally to group tasks..........................................................................................9
Conclusion................................................................................................................................10
References................................................................................................................................11

2REFLECTIVE REPORT
Introduction
As opined by Pimentel, Gonzalez and Barbosa (2016), sustainability had become the
catch-phrase of the modern-day business world and it is noticed that the business enterprises
rather than focusing on the enhancement of their profitability are presently focusing on the
attainment of sustainability. Bini, Bellucci and Giunta (2018) are of the viewpoint that the
effective use of the process of sustainability not only enables the business enterprises to attain
long-term growth or competitive advantage within the business markets of their operation but
also contribute in a meaningful manner towards the planet as well. The concept of
sustainability becomes especially important from the perspective of the mining industry not
only because of the economic contribution that it makes towards the national economies of
the different nations but also on the score of the fact that a substantial amount of the natural
resources of the planet are being used by this industry (Owen and Kemp 2017). This report
will focus on the concept of sustainability within the particular context of the mining industry
and will also include a reflection of the group activity through which this assignment was
completed.
Overview of the concept of Sustainability
Rodrigues and Mendes (2018) are of the viewpoint that sustainability is the ability of
the business enterprises to maintain a certain minimum level of growth without causing the
over-exploitation of the natural resources of the planet which it requires for the purpose of its
business operations. According to Ranängen and Lindman (2017), one of the most important
reasons for the popularity that the construct of sustainability had gained over the years can be
attributed to the fact that the natural resources of the planet which the business enterprises
require for their business operations are fast-depleting. The resultant effect of this is that if no
effective remedial measures are being taken by the authorities then it is likely that the future

3REFLECTIVE REPORT
generations would not have access to the same kind of natural resources that the present
generation or the generations preceding it had access to. It is precisely here that the
machinery of sustainability gains prominence since it helps the business enterprises to take
the help of the kind of measures which will not only reduce the over-exploitation of the fast-
depleting natural resources of the planet but would also help them to attain the bare minimum
level of growth (Mzembe 2016).
Importance of the concept of Sustainability within the mining industry
Bini, Bellucci and Giunta (2018) have articulated the viewpoint that the mining
industry over the years had become one of the most important industries of the world and is
primarily concerned with the extraction of the different minerals from the earth and their
purification. As opined by Viveros (2016), the business operations or the activities of the
mining industry are putting an ever-increasing pressure on the planet because of the rapidity
with which the minerals are being extracted from the core or the surface of the earth. On the
score of this it can be said that the notion of sustainability had gained an integral place within
the framework of the concerned industry. This can be explained on the basis of the fact that
the effective utilisation of this concept is not only likely to help the enterprises related to the
concerned industry to minimise the over-exploitation of the natural mineral resources of the
planet but at the same time would enable the enterprises to attain the desired level of growth
as well.
Three important stakeholders affected by the business operations of Mulga Meadows
Three of the most important stakeholders affected by the business operations of
Mulga Meadows, a firm related to the mining industry are listed below-
 Government: The national government of the nations in which the mining firms are
operational is an indirect stakeholder and also gets affected by the business operations