An appraisal of informal gold mining and its economic effects in Atakumosa West Local Government Area, Osun State
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for :
- NGN 5000
Background of the study:
Informal gold mining is a common economic activity in many parts of Nigeria, often serving as a livelihood for rural communities. In Atakumosa West Local Government Area, Osun State, artisanal mining has grown in significance due to its potential to generate income in regions with limited formal employment opportunities (Adedayo, 2023). This sector, characterized by low capital investment and rudimentary extraction methods, contributes to household incomes and local economies. However, informal mining is accompanied by challenges such as environmental degradation, health hazards, and conflicts over resource ownership (Folorunso, 2024). Recent studies have highlighted the dual nature of artisanal mining, where economic benefits are offset by negative externalities that compromise long-term community sustainability (Adekunle, 2025). This appraisal investigates the economic effects of informal gold mining, analyzing its contribution to local wealth creation while scrutinizing the socio-environmental costs that must be managed for sustainable development (Adedayo, 2023).
Statement of the problem:
Informal gold mining in Atakumosa West is fraught with challenges that undermine its economic benefits, including environmental degradation, health risks, and disputes over resource rights. These issues hamper sustainable development and necessitate an evaluation of current practices and regulatory measures (Folorunso, 2024).
Objectives of the study:
- To assess the economic contributions of informal gold mining.
- To identify the socio-environmental challenges associated with artisanal mining.
- To propose policy recommendations for sustainable mining practices.
Research questions:
- What is the economic significance of informal gold mining in Atakumosa West?
- Which socio-environmental issues are most critical in artisanal mining?
- How can regulatory frameworks improve the sustainability of gold mining?
Research Hypotheses:
- Informal gold mining significantly contributes to local household incomes.
- There is a negative correlation between mining practices and environmental quality.
- Enhanced regulation can improve the sustainability of informal mining activities.
Significance of the study:
This study is significant as it offers critical insights into the economic benefits and challenges of informal gold mining, providing a basis for policy recommendations that balance livelihood needs with environmental sustainability (Ogunyemi, 2023).
Scope and limitations of the study:
The study is limited to informal gold mining in Atakumosa West Local Government Area. It excludes formal mining activities and broader regional economic impacts. Data limitations and environmental factors may restrict the findings.
Definitions of terms:
- Informal gold mining: Unregulated mining activities conducted without formal permits or advanced technology.
- Artisanal mining: Small-scale mining carried out by individuals or small groups.
- Socio-environmental challenges: Issues that affect both the social well-being of communities and the natural environment.
Related Project Materials
Design of a Secure Data Storage Network for Research Institutions in Federal University, Birnin Kebbi, Kebbi State
Background of the Study
Research institutions generate and store large volumes of sensitive data, inclu...
The impact of management control systems on organizational performance: A case study of Dangote Cement Plc
Background of the Study
Management control systems (MCS) are essential tools for ensuring that organizational activities al...
The Role of Risk-Based Auditing in Rural Development Projects in Suleja Local Government Area
Background of the Study
Risk-based auditing is an auditing approach that focuses on identifying and evaluating potential...
The Role of Artificial Intelligence in Customer Service for Small Businesses: A Study of Jigawa State
Background of the Study
Artificial intelligence (AI) is revolutionizing industries globally, with customer service being...
An Investigation of Gender Inclusion in Rural Agricultural Banking: A Case Study of AB Microfinance Bank
Background of the Study
Gender inclusion in financial services is critical for achieving equitable economi...
IMPACT OF ADULT EDUCATION ON DISASTER PREPAREDNESS
Abstract: This study examines the impact of adult education on disaster preparedness, highlighting its importance in equipping individuals wit...
The effect of science-based storytelling in primary STEM education in Katagum LGA, Bauchi State
Background of the Study
Science-based storytelling is emerging as an innovative teaching strategy that combines narrative e...
An Evaluation of Cost Management Practices Among Nigerian SMEs: A Case Study of SMEs in Aba
Background of the Study
Cost management is a critical aspect of running successful small and medium-sized enterprises (SMEs...
The impact of state-level economic reforms on public sector efficiency in Nigeria: An evaluation of policies in Lagos State
Background of the Study :
State-level economic reforms are essential for enhancing public sector efficiency by streamlining administrativ...
THE INFLUENCE OF CONSUMER BEHAVIOR ON BUSINESS STRATEGIES
ABSTRACT: THE INFLUENCE OF CONSUMER BEHAVIOR ON BUSINESS STRATEGIES
This study aims to...
