Economic Mineralogy

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.

This vivid introduction to economic geology not only describes the most important deposit types, but also the processes involved in their formation. Magmatic, hydrothermal and sedimentary processes as well as weathering and alteration are explained in the framework of plate tectonics and the history of the Earth. The chapter about fossil fuels includes unconventional deposits and the much-debated fracking. Other topics covered are exploration, mining and economic aspects like commodity prices.

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.

This book is a comprehensive overview of economic geology for the general geologist and anyone else interested in the minerals industry and the global supply of raw materials. It includes some thought-provoking statements and questions for discussion on globalisation and current practices in the minerals industry. In the second edition, all chapters have been extensively revised, and a new author has been added to increase coverage of some mineral deposits and topics. The economic issues surrounding the exploitation of mineral resources is discussed in three of the six chapters of the book. It deals with issues that are commonly addressed in current science reporting – the rate of exploitation of natural resources, the question of when or if these resources will be exhausted, the pollution and social disturbance that accompanies mining, the compromises and challenges that arise from the explosion in demand from China, India and other rapidly developing countries, and the moral issues that surround mining of metals in lesser-developed countries for consumption in the “first-world” countries. The book will be useful both as an introductory text for students in the earth sciences and a reference volume for students, teachers and researchers of geography, economics and the social sciences.

Although profitable development and exploitation of natural resources has been, and still remains, the goal of many individuals and firms within the extractive industries, several new goals must also be considered, the foremost of which is the wise management of the already discovered stocks of renewable and nonrenewable natural resources. This aspect has become of vital importance for society as a whole.It is this dual objective - the economic feasibility on behalf of private interests, and the efficient development and utilization of natural resources as viewed from the societal point of view - that is covered in this book. The material presented is based on many published and unpublished sources, and serves to demonstrate the basic principles associated with the economics and management of mineral resources. Rather than attempting to carry on an in-depth analysis of the various topics, the author has provided a broad coverage of the basic concepts and their applications in real-life occurrences. For those interested in more intensive analysis, suggested additional selected readings and references are provided.The book is written as an introductory-level textbook in mineral economics. Advanced students in mineral engineering programs, economics, and business administration curricula, with a particular interest in economic analysis of mineral and energy activities may find this book an appropriate starting-point. Likewise, first-year graduate students in engineering programs, resource economics, mineral economics, natural resource management, environmental sciences, and law will find that the book provides a fundamental understanding of the basic concepts of mineral economics and how they relate to the general economic and management theories.

The extraordinary growth of the computer and semiconductor industries and the increasing consumption of indium in these technologies in recent years have placed major constraints on current and future reserves of this metal. In the past, geoscientists have noticed the occurrence of indium in a large variety of ore de posits and detailed geochemical and mineralogical work is available for a few ex amples. However, despite the current technological interest, there is no compre hensive textbook that deals with all aspects of indium mineralization and economics. The present study attempts to develop a general metallogenic concept for indium in identifying the essential enrichment processes and their economic significance. The study 'Indium Geology, Mineralogy, and Economics' was commissioned and funded by the German Federal Institute for Geosciences and Natural Re sources (BGR Hannover) and is a contribution to the research program 'BGR 2000 - Raw Materials with Short Lifetime Reserves'. This program focuses on raw materials with known reserves confined to the next 20-25 years at static de mand. The future availability of reserves is usually estimated by dividing the known reserves by the current annual consumption. In fact, lifetimes of reserves are inappropriate measures because they depend on many parameters and there fore represent a "snapshot" of a dynamic system. In order to provide a sustainable use of raw materials with short lifetime reserves, a significantly higher amount of innovation is needed compared to raw materials with long lifetime reserves.

Introduction to Mineralogy and Petrology, second edition, presents the essentials of both disciplines through an approach accessible to industry professionals, academic researchers, and students alike. This new edition emphasizes the relationship between rocks and minerals, right from the structures created during rock formation through the economics of mineral deposits. While petrology is classified on the lines of geological evolution and rock formation, mineralogy speaks to the physical and chemical properties, uses, and global occurrences for each mineral, emphasizing the need for the growth of human development. The primary goal is for the reader to identify minerals in all respects, including host-rocks, and mineral deposits, with additional knowledge of mineral-exploration, resource, extraction, process, and ultimate use. To help provide a comprehensive analysis across ethical and socio-economic dimensions, a separate chapter describes the hazards associated with minerals, rocks, and mineral industries, and the consequences to humanity along with remedies and case studies. New to the second edition: includes coverage of minerals and petrology in extra-terrestrial environments as well as case studies on the hazards of the mining industry. Addresses the full scope of core concepts of mineralogy and petrology, including crystal structure, formation and grouping of minerals and soils, definition, origin, structure and classification of igneous, sedimentary and metamorphic rocks Features more than 250 figures, illustrations and color photographs to vividly explore the fundamental principles of mineralogy and petrology Offers a holistic approach to both subjects, beginning with the formation of geologic structures that is followed by the hosting of mineral deposits and the exploration and extraction of lucrative, usable products that improve the health of global economies Includes new content on minerals and petrology in extraterrestrial environments and case studies on hazards in the mining industry

How has exploration for minerals evolved in recent years? Is it as productive an activity as it once was? Why have changes occurred? Roderick G. Eggert explores these and other questions about the complex set of circumstances surrounding metallic mineral exploration. Originally published in 1987, Eggert documents trends in the level and the distribution of expenditures by mining companies for metallic mineral exploration and examines a number of factors that may be responsible for these trends. This significant study serves as a handy introduction to the subject for students interested in environmental studies, natural resources, and economics.

Written for students and professionals, this revised textbook surveys the mineral industry from geological, environmental and economic perspectives. Thoroughly updated, the text includes a new chapter on technology industry metals as well as separate chapters on mineral economics and environmental geochemistry. Carefully designed figures simplify difficult concepts and show the location of important deposits and trade patterns, emphasising the true global nature of mineral resources. Featuring boxes highlighting special interest topics, the text equips students with the skills they need to contribute to the energy and mineral questions currently facing society, including issues regarding oil pipelines, nuclear power plants, water availability and new mining locations. Technical terms are highlighted when first used, and references are included to allow students to delve more deeply into areas of interest. Multiple choice and short answer questions are provided for instructors online at www.cambridge.org/kesler to complete the teaching package.