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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Bibliographic Details
Published inResources policy Vol. 22; no. 1; pp. 99 - 105
Main Author Crowson, Phillip
Format Journal Article
LanguageEnglish
Published Elsevier Ltd 01.03.1996
Elsevier
SeriesResources Policy
Subjects
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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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ISSN:0301-4207
1873-7641
DOI:10.1016/S0301-4207(96)00025-6