Exact(1)
The new company had expended most of its capital on these prospecting ventures, and although it continued to exist, under various ownerships, until 1952, there is no record of profitable extraction.
Similar(59)
"And 'give back' a good example of why conservation is much more profitable than extraction.
That was too low to make extraction profitable, so it let its licences lapse.
Furness also enjoyed profitable rights to the extraction of iron ore.
Repsol struck oil there in 2004, but decided extraction would not be profitable.
Alluvial gold extraction currently is probably more profitable than tourism, but alluvial gold mining takes places on riverbanks, not in forest, and so are not direct competitors for land.
Their enthusiasm has been bolstered by studies showing that "sustainable management" of forests, also known as "reduced-impact logging" (RIL), can be more profitable than the reckless conventional methods of timber extraction.
Despite the fact that geothermal heat extraction is still considered a marginally profitable energy industry, a number of scientists have already proposed several strategies to make geothermal projects more economically attractive.
We do not know if any of the rainforest areas used by tourism contain sufficient gold deposits to attract mining, nor whether extraction from rainforest proper is also profitable to the same degree.
The major shale oil producers in the United States will keep pumping at $55 a barrel and falling -- they're now profitable at these levels due to much improved exploration and extraction technology.
Revenue from that piece of our business, where we're helping companies find maybe COOs or a director of cultivation or extraction, more than doubled last year and continues to be profitable.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com