Search results
Results from the WOW.Com Content Network
Ellis' discovery of phosphate excited John T. Arundel of the Pacific Islands Company and the company decided to pursue rights and access to Nauru's lucrative resource. The negotiations to pursue rights to the phosphate involved four parties: the British and German governments, the newly reorganised Pacific Phosphate Company, and Jaluit-Gesellschaft (a German mining company that had been ...
Nauru is a phosphate-rock island with rich deposits near the surface, which allowed easy strip mining operations for over a century. However, this has seriously harmed the country's environment, causing the island nation to suffer from what is often referred to as the "resource curse".
The effects of phosphate mining in Nauru have had significant negative impacts on the island's environment and economy. [1] One of the most prominent effects of the phosphate mining in Nauru is the extensive environmental degradation that has occurred as a result of the extraction of phosphates. [ 2 ]
In the early years of the Nauru Phosphate Royalties Development Trust, it financed the construction of two of five high-rise luxury condos in Hawaii (on the island of Oahu). The five towers (two completed as of October 2005) are on prime Honolulu real estate with ocean views and represent a benchmark in Honolulu luxury high-rises.
John T. Arundel (1 September 1841 – 30 November 1919) was an English entrepreneur who was instrumental in the development of the mining of phosphate rock on the Pacific islands of Nauru and Banaba (Ocean Island). Williams & Macdonald (1985) described J. T. Arundel as "a remarkable example of that mid-Victorian phenomenon, the upright, pious ...
The Nauru Rehabilitation Corporation is a state-owned enterprise established by the Republic of Nauru in May 1999, following the passing of the Nauru Rehabilitation Corporation Act in July 1997. Its primary mission is to rehabilitate land destroyed by the phosphate industry , both before and after its independence, making them once again ...
A huge phosphate rock deposit discovered in Norway contains enough minerals to meet the global demand for batteries and solar panels for the next 100 years, according to the mining company that ...
Nauru was once one of the most prosperous nations in the world due to the abundance of phosphate on the island, which was mined continuously for decades. [19] However, the mining of phosphate proved unsustainable, and the process destroyed more than 80% of the island's ecosystem. [ 19 ]