Originally published in 1987. A powerful combination of the authors’ research and practical experience underpin this book’s treatment of management and financial strategy in the world mining industry. In contrast with highly theoretical economic treatises on the extractive industries, this account deals with the practical realities of the economic, technical and business structure of the industry, the managerial and investment strategies, and the principle public policy issues.

This book will interest all students and researchers in resource economics and it will be useful to officials of mining companies, government agencies, and financing agencies. Economic geologists and environmentalists should also find it relevant to their interests.


Originally published in 1988. Copper is one of the most actively traded commodities. It is a crucial commodity for industrialised countries, most of which depend on imports for their supplies. Copper is also the single most important export for many of the producer-countries. Changes in the patterns of the world trade in copper therefore have an important impact on many countries. This book surveys the state of the world copper industry as it was in the 1980s. It discusses the state of production, demand and trade and assesses trends. Special emphasis is given to the outlook for over capacity, prices and competitive structure.