Download PDF by Mary Louise McAllister: A Stake in the Future: Redefining the Canadian Mineral

By Mary Louise McAllister

ISBN-10: 0774806036

ISBN-13: 9780774806039

A Stake within the Future is a accomplished research of the Whitehorse Mining Initiative, which was once first conceived by way of the leaders within the Canadian mining undefined. The aim was once to revitalize the mining undefined, allure new funding and forge an alliance with significant stakeholders resembling executive, environmental teams, First countries, the mining undefined, and labour. The ebook examines the political, cultural, and coverage concerns fascinated by constructing a brand new consenus-based method of resolving land and source use disputes with specific specialise in a countrywide multi-stakeholder initiative within the mineral area.

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Additional info for A Stake in the Future: Redefining the Canadian Mineral Industry

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2). , those that had a capital cost over $250 million) while Latin America attracted five. , mining investors are now more attracted to South America and Southeast Asia. '10 By the middle of the 1990s, the mineral outlook began to improve. In 1994, for the first time since 1989, more mines opened (twelve) than closed (nine). Metal prices also improved. 6 per cent of the worldwide exploration budget in 1994, in third place after Australia and the United States. The 1994 figures of $625 million (up from $477 million of the previous year) were expected to continue to rise in subsequent years.

Negative public perceptions of development may also be part of a broader phenomenon. We are increasingly becoming a risk-averse society, particularly in the case of the unknown. While individual citizens are willing to take significant risks with something familiar, such as driving on highways, they are less willing to accept something unfamiliar where the risks are difficult to calculate, as might be the case with a new mining project. The public is also much less likely to trust scientific reassurances when they know that scientists often can, and do, disagree in their conclusions.

The blanket use of the term 'scarcity/ however, can be misleading - particularly if it is applied to the available supply of minerals themselves. ' Mineral economist Michael Doggett explains: Assessing the Situation 27 Mineral resources are placed in one of three overlapping categories. The first is 'reserves' which are known, economic at present costs, and feasible to mine with current technology. The second is known and unknown 'resources' which are potentially economic at relevant future price and cost levels, and feasible to mine under current and future technology.

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A Stake in the Future: Redefining the Canadian Mineral Industry by Mary Louise McAllister

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