The European mining industry: What future?
Europe's mining industry has a long, profitable and varied history. Now held in low regard for largely fallacious reasons, it faces many challenges. In reality, its spread and diversity surprise. Although Europe's mining industry accounts for a small share of GDP, it provides a significant...
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Published in | Resources policy Vol. 22; no. 1; pp. 99 - 105 |
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Main Author | |
Format | Journal Article |
Language | English |
Published |
Elsevier Ltd
01.03.1996
Elsevier |
Series | Resources Policy |
Subjects | |
Online Access | Get full text |
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Summary: | Europe's mining industry has a long, profitable and varied history. Now held in low regard for largely fallacious reasons, it faces many challenges. In reality, its spread and diversity surprise. Although Europe's mining industry accounts for a small share of GDP, it provides a significant share of the global production of many products. The European industry stands favourable comparison with that of the USA. It is relatively weak in many metallic products, and has a strong industrial minerals bias. Some features of the industry flow from its long history. These include a legacy of state ownership and incipient protectionism, as well as complex land ownership and mineral rights. Exploration spending is relatively low for readily understood reasons, but Europe does have many prospectively good projects, even in metals. The main obstacles are in the arena of planning controls and environmental regulation, which are global rather than specifically European issues. The future of Europe's mining industry is no different from that of the world as a whole. |
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Bibliography: | ObjectType-Article-2 SourceType-Scholarly Journals-1 ObjectType-Feature-1 content type line 23 ObjectType-Article-1 ObjectType-Feature-2 |
ISSN: | 0301-4207 1873-7641 |
DOI: | 10.1016/S0301-4207(96)00025-6 |