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International Mineral Economics provides an integrated overview of the concepts important for mineral exploration, mine valuation, mineral market analysis, and international mineral policies. The treatment is interdisciplinary, drawing on the fields of economics, geology, business, and mining engineering. Part I, Economic Geology and Mineral Development, examines the technical concepts important for understanding the geology of ore deposits, the methods of exploration and deposit evaluation, and the activities of mining and mineral processing. Part II, Mineral Economics, focuses on the economic and related concepts important for understanding mineral development, the evaluation of exploration and mining projects, and mineral markets and market models. Finally, Part III, International Mineral Policies, reviews and traces the historical development of the policies of international organizations, the industrialized countries, and the developing countries.
Mineral Commodity Summaries 2019
The Office of Industrial Technologies (OIT) of the U. S. Department of Energy commissioned the National Research Council (NRC) to undertake a study on required technologies for the Mining Industries of the Future Program to complement information provided to the program by the National Mining Association. Subsequently, the National Institute for Occupational Safety and Health also became a sponsor of this study, and the Statement of Task was expanded to include health and safety. The overall objectives of this study are: (a) to review available information on the U.S. mining industry; (b) to identify critical research and development needs related to the exploration, mining, and processing of coal, minerals, and metals; and (c) to examine the federal contribution to research and development in mining processes.
This book discusses the history of royalties and the types currently in use, covering issues such as tax administration, revenue distribution and reporting. It identifies the strengths and weaknesses of various royalty approaches and their impact on production decisions and mine economics. A section on governance looks at the management of mining revenue by governments and the need for transparency. There is an attached CD with examples of royalty legislation from over 40 countries.
Minerals are part of virtually every product we use. Common examples include copper used in electrical wiring and titanium used to make airplane frames and paint pigments. The Information Age has ushered in a number of new mineral uses in a number of products including cell phones (e.g., tantalum) and liquid crystal displays (e.g., indium). For some minerals, such as the platinum group metals used to make cataytic converters in cars, there is no substitute. If the supply of any given mineral were to become restricted, consumers and sectors of the U.S. economy could be significantly affected. Risks to minerals supplies can include a sudden increase in demand or the possibility that natural ores can be exhausted or become too difficult to extract. Minerals are more vulnerable to supply restrictions if they come from a limited number of mines, mining companies, or nations. Baseline information on minerals is currently collected at the federal level, but no established methodology has existed to identify potentially critical minerals. This book develops such a methodology and suggests an enhanced federal initiative to collect and analyze the additional data needed to support this type of tool.
Governance of the World's Mineral Resources: Beyond the Foreseeable Future provides in-depth information on the geological scarcity of mineral resources. The book demonstrates the urgent need to implement sustainable utilization of mineral resources, in order to ensure that these resources will be sufficiently available for future generations too. The availability of resources, especially for modern technologies, is an increasingly important issue. Some key mineral resources are so geologically scarce that their availability for future generations may not only become substantially less, but also much less affordable than for the current generation unless timely measures are taken. This book provides detailed data and calculations of the availability of mineral resources. The book elaborates on whether and how it is possible to keep providing sufficient mineral resources to a growing world population, and for how long. The book details also how and for how much time it will be possible for all countries, worldwide, to achieve and maintain service delivery of raw materials to their population at levels equivalent to those in developed countries in 2020. Governance of the World's Mineral Resources: Beyond the Foreseeable Future is therefore an important source of knowledge for postgraduates, academics and researchers in the fields of environmental science, sustainability, and geology, as well as anyone in the field of mining and economics who need to account for sustainable provision of mineral resources. - Provides a thorough overview of all considerations related to a sustainable production rate of mineral resources - Comprehensively details scarce mineral resources and describes their applications, worldwide in-use stock increases, and sustainable production rates - Covers all aspects of a sustainable production rate of mineral resources, detailing the current challenges and possible global solutions, both technically and from a policy point of view - Includes detailed studies of thirteen different scarce mineral resources and extensive quantitative data from recent studies and in-depth research
Mineral exploration is an economic activity of worldwide importance. This volume, originally published in 1988, makes a substantial contribution to the understanding of mineral exploration and the major economic, political, and geologic forces that govern it. Some chapters examine the behaviour and performance of particular participants in the exploration process while others focus on specific countries. This is a valuable title for any student interested in environmental studies and the global impact of econonmics.
As the importance and dependence of specific mineral commodities increase, so does concern about their supply. The United States is currently 100 percent reliant on foreign sources for 20 mineral commodities and imports the majority of its supply of more than 50 mineral commodities. Mineral commodities that have important uses and face potential supply disruption are critical to American economic and national security. However, a mineral commodity's importance and the nature of its supply chain can change with time; a mineral commodity that may not have been considered critical 25 years ago may be critical today, and one considered critical today may not be so in the future. The U.S. Geological Survey has produced this volume to describe a select group of mineral commodities currently critical to our economy and security. For each mineral commodity covered, the authors provide a comprehensive look at (1) the commodity's use; (2) the geology and global distribution of the mineral deposit types that account for the present and possible future supply of the commodity; (3) the current status of production, reserves, and resources in the United States and globally; and (4) environmental considerations related to the commodity's production from different types of mineral deposits. The volume describes U.S. critical mineral resources in a global context, for no country can be self-sufficient for all its mineral commodity needs, and the United States will always rely on global mineral commodity supply chains. This volume provides the scientific understanding of critical mineral resources required for informed decisionmaking by those responsible for ensuring that the United States has a secure and sustainable supply of mineral commodities.