Gold, Silver And Riches (Does It Affect Mental Health?)

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Many stories of lost treasure have been circulating the world. Gold bars, coins of silver and gold, golden statues, the treasure that the men before us have hidden away in fear of it being stolen by others. People enjoy these kinds of mysteries that we eventually made books and movies about long lost treasure and the people who go out and try to find them.

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Gold Investments Are An Advantage To The Family

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We are considered lucky if we have been brought up in a family full of love, care, and attention. In a typical household, parents will do everything just for the whole family to live a comfortable life, especially the children. And if possible, children should not know about the struggles that parents met along the way except for those who are adults and working already. And among these struggles is all about finances.

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Managing The Community Impact Of Mining

The coronavirus pandemic has affected the global economy, leaving multiple industries to suffer, including mining. Workers have been sent home due to COVID-19, which halted operations and made communities vulnerable, especially those that rely on mining for their livelihood. While mining activities create an impact on economic development, it also produces adverse social and environmental side effects.

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The mining industry creates programs in corporate social responsibility (CSR) to address this.

“Historically, the mining industry has taken a ‘devil may care’ attitude to the impacts of its operations,” writes Dr. Louise Obara, senior lecturer at De Monfort University with a Ph.D. in Human Rights & CSR in the UK companies. “Mining companies tend to focus on community initiatives as their impact is felt greatest at the local level.”

Companies need to understand the local and indigenous context, especially the culture and knowledge base of the native community. Here are 8 ethical practice principles on how to interact with indigenous people.

1. Ensure Inclusivity During The Earliest Stage

During the engagement with local communities, company representatives should be sensitive to those who get left out in the decision-making. While it is vital to acknowledge the wisdom of elders and other indigenous leaders, women and young people equally make up the community’s demographic, whose roles are as important as well.

2. Seek Help To Interpret Culturally Sensitive Issues

Conflicts may exist within regional governments and local communities. It is essential to understand the historical grievances each sector may have against each other, and most especially against extractive industries. Background knowledge of their ethnic composition and interpersonal relations in the area can also help.

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3. Establish Trust By Clearly Understanding Their Rights

In the context of indigenous people’s mining land, it is pervasive to experience pushback from the community. By recognizing their rights and accepting that all of their concerns are valid, it is possible to build positive relationships between mining companies and indigenous communities through respect, meaningful engagement, and mutual benefit.

4. Commit To Open And Transparent Communication

When the company understands both the positive and negative impacts of mining activities, getting buy-in from all stakeholders involved becomes easier. Communicating with local communities should be approached by acknowledging them as project owners and using traditional knowledge to inform the business strategy’s design and implementation.

5. Agree On Terms And Conditions

The most critical aspect of managing the community impact of mining is the contractor’s relationship and behavior towards locals. Some companies take advantage of using terminology that is common in the mining industry but may not yet have a meaningful translation in the local language. A good project starts with a transparent process of engaging other stakeholders like non-government organizations, past corporate partners, and industry experts.

6. Support Through Capacity-Building

Usually, the mining company deploys its corporate foundation for philanthropic activities, but it can be more harmful to the community when done awry. If the company is genuinely committed to mitigating the risk factors involved in its operations, implementing projects such as improving access to clean water, educational scholarships, and supplementary livelihood training is beneficial.

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7. Uphold The UN Sustainable Development Goals

Members of the local population oppose mining and other exploration activities due to its degradation of natural resources, unfair distribution of profits, and insufficient contributions to local governments. A practical way to address critics is to observe the United Nations’ decisions on responsible mining and its contribution to the Goals.

8. Favor Long Term Growth Instead Of Short Term Gains

Mining companies need to cooperate with sustainability experts and development organizations to address the harmful socio-economic impacts of the industry. While adverse effects are immediately noticeable once a project has started, the result of rapid economic and social change can range from erosion of cultural values to alcoholism and drug use.

Plans for improving essential services and delivery at the onset can lead to better social and health outcomes in the long run.

The location and living conditions of indigenous people and remote communities make it essential to isolate them during a disease outbreak. This pandemic has required responsible mining companies to make workforce decisions even though it can put pressure on their operations.

While local communities bear the brunt of putting in more work, the significance of protecting indigenous culture has provided to be more valuable as we overcome COVID-19.

How The Coronavirus Is Affecting The Mining Industry

Since the coronavirus outbreak happened, most of the events have been canceled, including this year’s expo following the 2019 E3 Conference. But, not only activities were affected by the pandemic, but the mining industry as well. 

Decline In Supply

The restriction on mining activities is causing a decline in supply, although mining operations continue in some countries. But since there is a slowdown of economic activity, the demand for minerals falls as well. So, the reduction of supply has not hugely affected mineral prices.

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Critical Supply For Critical Metals

Before the coronavirus, the supply for critical metals, such as lithium, cobalt, nickel, and neodymium, is facing a threat. Meanwhile, minerals like cobalt are mostly from Chinese companies. Now that mining operations are on a standstill for most sites, the fear of emptying the supply further grows. These metals are essential for renewable energy and technology industries. 

Likely, U.S. companies needing these critical metals will soon venture into mining to ensure that they have enough supply to continue manufacturing their products. Pentagon, on the one hand, made a deal with Lynas Corp. to secure their supply for these critical metals. 

Rising Of Gold Prices

Gold is a tool used to obstruct economic uncertainties and inflation. Since economies are on a downturn because of the pandemic, gold prices are soaring. As inflation happens, gold becomes more expensive, then owners of gold are protected from the effects of inflation.

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Gold is highly reliable and a haven in terms of investment. Unlike stocks, gold is unaffected by the economic crisis that is happening. While it is a precious mineral that is exchanged globally, there is only a finite supply, which makes it dependable storage of fortune.

Nations and industries are struggling to stay afloat since this health crisis brought about by the coronavirus have now become an economic crisis. The mining industry must craft new ways to be able to respond to the crisis and survive.

Corona Virus Lives On Metal – How To Stop Them From Thriving

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We were all educated on the fact that the Corona virus can live on metal things. This is the very reason why it is essential to wash your hands even when you are at home or splash on some alcohol and hand sanitizer. The alcohol content must be seventy percent, so it can kill bacteria and viruses. You also need to remove your jewelry like ring, bracelet, and watch when sanitizing your hands and arms.

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Urbanization: Understanding The Importance Of Mining

The 2017 Miners Convention emphasized the miner’s role in today’s society. The mining industry plays a massive role in the urbanization of an area. They provide necessary materials used in construction as well as in products like vitamins, plates and cups, cellphones, and more. The mining industry has paved the way for various forms of technologies and jobs, which can improve a country’s economic sector.

The mining industry is vital to the continual growth of a country or region. Without the mining industry, urbanization of an area may be close to impossible. Here are four reasons why mining is essential.

  1. Rise Of Infrastructure And Construction
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Building infrastructure signifies the start of urbanization in an area. However, construction will not take place without necessary building materials such as steel, concrete, cement, and other construction materials. Without these, buildings and establishments such as homes, hospitals, and banks, among others, won’t rise. Also, there will be no roads and bridges, which are necessary for a reliable and efficient transportation system.

  1. Some Materials Don’t Grow

We cannot grow all the raw materials we use in today’s production. We mine renewable resources such as copper, silver, platinum, and other minerals. Without these, we wouldn’t be able to produce products such as energy towers, cellphones, cars, cement, and ceramics.

  1. Creating More Jobs
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Several jobs are created in the mining industry. Through the mining industry, various positions can be created in different industries, including technology, construction, automotive, and manufacturing. Mining can also attract foreign investors as this helps in the production of raw materials such as copper, aluminum, gold, and other precious stones.

  1. Provides Energy

One of the most significant products you can obtain from the mining industry is coal and petroleum. Coal serves as a stable and affordable source of electricity. Petroleum is essential in the production of gasoline. Without the two products, transportation and other services may not be available.

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Mining is a dangerous yet important industry that benefits us in our daily lives. Without the mining industry, urbanization and the rise of various technologies wouldn’t have emerged.

Understanding The Benefits Of Stones In Psychotherapy And Counseling

The use of stones has seen significant advances in the field of physical therapy. Therapists use them in a type of massage called “hot stone massage.”

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This massage involves the use of smooth, heated stones. Therapists place the stones in specific areas of your body to ease muscle tension and stiffness. ” During a hot stone massage, smooth, flat, heated stones are placed on specific parts of your body,” Debra Rose Wilson, PhD describes. This massage therapy also aims to increase metabolism and circulation. However, stones have other applications outside physical therapy. Their use has also played a role in the field of psychotherapy and counseling.

Psychotherapy And Counseling

psychotherapist and a counselor provide the same form of therapy to their patients. The difference between psychotherapists and counselors lie in their skills and qualifications. Both of them are capable of dealing with their clients’ emotional and mental concerns. Counselors can typically provide psychotherapy. On the other hand, psychotherapists need to go through training that focuses on serving long-term treatments involving chronic physical and emotional problems.

Using Stones In Psychotherapy And Counseling

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Some therapists incorporate the use of stones in their sessions. Some collect pebbles, rocks, or sand not only as decoration but also as tools that they use with their patients. These stones serve as a psychotherapeutic tool by allowing the patient to shift their focus on the object. These help them overcome their defense mechanisms. Since they involve themselves through these objects, they become more expressive of what they’re going through. For example, the pebble can represent the patient’s negative fixations. The patient can bury it in sand to symbolize putting his or her worries to rest.

The stones can also serve as a transitional object that brings them closer to their therapist as they gain more access and form a deeper connection with their patients. This method helps reduce the patient’s anxiety, thus giving the therapist a broader view of their patient’s situation. 

Benefits Of Stones In Psychotherapy And Counseling

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Given the brief background of what stones can offer in psychotherapy and counseling, here are some benefits you can expect from its use.

  1. You invite your client to follow their intuition, and this may lead to them arranging the stones in a manner that soothes them.
  2. The stones may help them explore their identity. Choosing a stone may indicate a description of themselves, and their choice reflects a bit of their current condition. Each stone’s size, shape, color, or texture may define a particular side of them.
  3. Art is often associated with the use of stones. Through the use of these materials, the client’s right brain hemisphere becomes more active. This situation helps free up brain/body pathways for more information and energy to flow through them.
  4. Sensory memories may be picked up from the use of these stones. A specific characteristic or feature of the stone may trigger a particular memory they experienced in the past. “Sensory associations are real and powerful. They insure that each of us experiences the world in our own individual way,” Sally Augustin Ph.D. explains.
  5. As mentioned before, the stones may serve as a transitional object that can help ease their anxiety about opening up. This tool allows the client to express themselves and their worries better. According to Suzanne Phillips, PsyD., “Sometimes the things we cherish are things that are valued purely for their emotional meaning.”

If you can’t seem to find the right treatment for your condition, you may want to try this type of therapy. It is never too late to try using stones in your treatment. Sometimes, the unknown may be the solution you’ve been looking for.

The Relevance Of Rare-Earth Metals

Everyone recognizes the value of common metals such as iron, copper, and aluminum. However, there is an essential class of metals that is important in our modern technology. Minerals in this category are called rare-earths, and they include members with lesser-known names such as neodymium.

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These rare-earth metals are the cornerstone of our modern society, and they also have particular effects on global politics. Their relevance means that they deserve to be better understood by everyone.

Abundance Of Rare-Earths

Despite their name, rare-earth metals are common. Even the least abundant rare-earth metals are present in amounts hundreds of times that of gold. Many of the rare-earth metals are nearly as universal as metals we consider ubiquitous, such as lead.

What makes rare-earth metals unique is that they are difficult to extract from the ground, despite their abundance. In other minerals, their deposits tend to cluster together into concentrated regions, facilitating ore extraction. In contrast, rare-earth metals are present in more diffuse concentrations in the ground. They tend to occur with other rare-earth metals, and they are notoriously difficult to separate and purify into usable grades.

Because of how difficult it is to extract rare-earth metals, they tend to be present in small supply. Their scarcity in the market, as well as their usefulness in electronics, means that they usually command high prices.

Rare-Earths In Technology

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Rare-earth metals are necessary for most electronic components. They have unique mechanical, electrical, and magnetic properties that make them suitable for many technological applications.

A typical example is the use of neodymium in hard disk drives. When alloyed with other metals, neodymium can create strong permanent magnets. These magnets are used in hard drives to encode and read the information on the disk. The written data is present as a magnetization pattern on the disk, and only neodymium magnets are powerful enough to alter and recognize these patterns. 

Rare-earth metals make up only a small fraction of the devices that contain them. Nevertheless, most electronics require rare-earth metals and will not function without them. The absence of rare-earth metals can set back human technology by decades.

The Politics Of Rare-Earths

Due to the difficulty of extracting rare-earth metals, only a limited number of places can produce them in economically significant amounts. Up until the late 20th century, the US was the leader in rare-earth production. After those years, China’s production capacity snowballed. Today, the majority of the rare-earths are mined and processed in China. Japan and the US are the other significant producers of this vital resource. 

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The recycling of electronics to recover rare-earth metals is still limited. Since China has substantial control over the global supply of rare-earths essential for electronics, the country can use rare-earths as leverage. For example, China could reduce its export quotas during a trade war, causing the price of rare-earth metals to skyrocket. This action could force other countries to concede.

While rare-earth metals may seem obscure, they are a force to reckon with in the modern world. The general public underappreciates these minerals, and everyone should take some time to learn more about them.

Where To Buy Jewelry: Online Or Offline?

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Jewelry is one of the prized possessions a person can have. Thus, it is essential to be wary of jewelry purchases. For the longest time, people buy jewelry from physical stores. However, with the increase of dependence on technological advances, online jewelry stores started operating. So, where should you buy a possession as precious as jewelry?

Physical Stores

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Benefits

People are accustomed to buying pieces of jewelry from a physical store. Going to a store is the traditional way of purchasing jewelry. Thus, people feel safer to buy things from a physical store.

With this option, they can personally check the jewelry they are planning to buy. They can meticulously inspect the quality of the jewelry inside the stores. Aside from checking the condition, prospective buyers can also examine the overall appearance of the jewelry without the technological constraints.

If people buy from physical jewelry stores, they can decrease the chances of being scammed. They can personally meet the stores’ managers. Thus, when a problem arises, customers can quickly contact the store. They can have clear communication about product queries.

Downsides

Going to a physical store will take up your time, especially if you have a hectic schedule throughout the day. You will need to clear a portion of your day to pick the jewelry of your choice successfully.

Additionally, jewelry sold in a physical shop may be more expensive because of the rent paid by the company.

Online Stores

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Benefits

Some sites are certified jewelry sellers. The Gemological Institute of America (GIA), HRD antwerp, and International Gemological Institute (IGI) certified Caratlane’s website. Moreover, Bluestone has certification from Hallmark, Solitaire Gemmological Laboratories (SGL), and HKD. These sites legally sell high-quality and authentic jewelry. Thus, prospective buyers must not be scared of buying from these sites.

Accessibility is one of the most significant advantages of buying online. You will not need to clear your schedule for a trip to the jewelry shop. You can browse the latest trends with just a click of your finger. Besides, paying for jewelry is more convenient when you purchase from an online store. Having it delivered at your doorstep is also possible.

Jewelry sold online also has lower prices since companies do not pay for the rent of a physical store. This way, you can save money for other things.

Downsides

One of the risks when it comes to buying online is the fear of being scammed. Thus, prospective online buyers must be cautious with such websites. They must check the certifications of the site before continuing with the transaction.

Another disadvantage is the possible delay in delivery. You might want to wear your desired jewelry as soon as possible, but online shops rely on third-party delivery services, so that is out of their control.

Buying jewelry online will also restrict your examination of the product. You will not have the capacity to inspect the jewelry meticulously; thus, you will need to rely on pictures provided by the online shops. Sometimes, these pictures do not necessarily reflect the actual product.

Shopping online and offline has its share of benefits and risks. Thus, as a prospective buyer, you will need to be cautious of your transactions, especially with high-value products such as jewelry. May you have an enjoyable experience in jewelry shopping!

Chocolate Diamonds: What’s So Special About Them?

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Diamonds have been around since forever. They are a staple in every woman’s collection because of their beautiful sparkle. They also come in multiple shapes, colors, and sizes fit for a woman’s dream. Most importantly, their reputation lies in the fact that they are the hardest natural mineral. The most popular type of diamond is those which are almost colorless with outstanding clarity.

However, the trend of exploring colored diamonds is becoming increasingly apparent. No longer are diamonds exclusive in the transparent color. Now, some come in incredible shades of blue, purple, yellow, red, and even brown. Yes, brown diamonds exist! And to make them sound more luxurious, the industry has named them as Chocolate Diamonds.

What Are Chocolate Diamonds?

Chocolate Diamonds are rare and naturally brown-colored diamonds. The term “Chocolate Diamond” is a trademark name of Le Vian. In other words, they are brown diamonds which are more affordable than colorless diamonds. Chocolate Diamonds come from countries like Australia, Congo, Borneo, or Brazil. Take note that not all brown diamonds are Chocolate Diamonds. The name “chocolate” only applies to a particular grade and color of a brown diamond.

A Chocolate Diamond occurs naturally and artificially. Even if the look of these artificial diamonds appears brown, they are just typical diamonds treated with heat. Therefore, synthetic Chocolate Diamonds are not at all considered as such altogether.

What Separates Chocolate Diamonds From Brown Diamonds?

Chocolate Diamonds are an elite class of brown diamonds. Only an inconsequential percentage of brown diamonds are Chocolate Diamonds because Le Vian has a rigorous standard for this.

Brown diamonds are the most common on earth. These are opaque, light, or even yellow-hued. Brown diamonds are usually used only for industrial purposes until recently. When they switched to the fine jewelry market, their value remained lower than the other diamonds. On the other hand, Chocolate Diamonds have a deeply saturated dark brown color. It increases in value depending on how rich and dark the color is.

Are They As Valuable As Regular Diamonds?

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If you’re purchasing a piece of jewelry for future investment, a Chocolate Diamond may not be your best choice. These are not expected to rise in value any time soon, and even the best Chocolate Diamond might not meet auctioneers’ or buyers’ standards. Of all colored diamonds, these are some of the least valuable pieces due to their opaque color and very little shine.

Most brown diamonds have lesser clarity and poor color. There are brown diamonds which are a lot rarer and are more beautiful than colorless diamonds. However, this only comprise less than 5% of brown diamonds. Because Chocolate Diamonds are classified together with brown diamonds, this lowers the value for both drastically.

Why Buy A Chocolate Diamond?

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Chocolate Diamonds are becoming more common nowadays because of great advertising.  Jewel companies like Le Vian have made it seem like Chocolate Diamonds are the next big thing. Even if they may not be the best in terms of value, Chocolate Diamonds are low in cost. Thus, it is an excellent option for engagement rings or if you are looking into owning a jewelry piece. The unique color also allows you to customize and even personalize your diamond, all within budget.

If you’re thinking about buying a Chocolate Diamond, research well. Even if these cost less, you will still spend some money on it. But who knows, Chocolate Diamonds might be your best friend too!