Challenges and Risks Faced by Small Scale Gold Miners
Small scale gold miners face numerous challenges and risks in their operations. One of the main obstacles is the lack of access to modern equipment and technology, making it harder to increase efficiency and productivity. This can result in lower yields and profitability for the miners.
Moreover, environmental concerns are another significant issue faced by sm
Additionally, fluctuating gold prices pose a risk to small scale miners as they have little control over market conditions. A sudden drop in prices can significantly impact their income and sustainability. Inadequate infrastructure, such as roads and power supply, further complicates operations for these miners.
Navigating through these challenges requires resilience, innovation, and support from stakeholders in order to ensure sustainable small scale gold mining practices