Table of Contents:
  • THE NATURE AND STRUCTURE OF THE INDUSTRY: Stages of mineral resource exploitation
  • Costs and patterns of mineral exploration
  • Technological change and economies of scale
  • Infrastructure and shipping
  • Concentration of ownership and control
  • The role of foreign investment
  • Capital requirements and sources of finance
  • Mineral prices and profitability
  • MINERAL RESERVES AND RESOURCES: Concepts, measurement, and interpretation
  • Land based reserves
  • The distribution of resources
  • The dynamism of resources
  • Ocean resources
  • Recovery and recycling
  • PRODUCTION, PROCESSING, CONSUMPTION, AND TRADE: Statistical problems and adjustments
  • Global trends
  • The concentration of production and processing
  • The structure of trade
  • The contribution to national economies
  • MINERAL PRICE BEHAVIOR: The role of mineral prices
  • The nature of price information
  • Determinants of prices and elasticities
  • Price trends
  • Past attempts to influence prices
  • Issues and directions
  • PROBLEMS OF MINERAL DEVELOPMENT IN DEVELOPING COUNTRIES: Interdependence of developing and developed countries
  • Divergent objectives of investors and host governments
  • The sources of conflict
  • The division of benefits
  • Government intervention in foreign owned companies
  • The importance of exploration
  • The pitfalls of foreign aid
  • OBJECTIVES AND POLICIES OF MINERAL SECTOR DEVELOPMENT: The objectives
  • The elements of a national mineral policy
  • Steps to implement a national mineral policy
  • The ministry of mining
  • The geological survey
  • A mining bank
  • The state owned operating company
  • Marketing
  • Research and development
  • The mining code
  • Mining taxation
  • Revenue sharing
  • Other legislation
  • Dealing with multinationals
  • Technical assistance the where, what, and how
  • PERFORMANCE, PROSPECTS, AND PROBLEMS OF THE INDUSTRY: The performance of the industry
  • Meeting future requirements
  • Problems and challenges
  • The special problem of capital requirements
  • The role of policy
  • There is no looking back.