New mine capacity from yet-to-be found copper deposits |
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Authors: | Larry L Dale Daniel A Hagen Lynn J Moses |
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Institution: | 1. Pacific Southwest Forest and Range Experiment Station, Forest Service, US Department of Agriculture, Berkeley, CA, USA.;2. Resource Systems Institute, East-West Center, 1977 East- West Road, Honolulu, HI, 96848 USA.;3. University of Colorado, Denver, CO 80202 USA.;4. Gulf Oil Exploration and Production Company, PO Box 1392, Bakersfield, CA 93302 USA |
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Abstract: | The copper industry in the USA is declining, but exploration for copper has been particularly promising in western Montana. The potential copper mine capacity of the area was estimated by using an interdisciplinary geological-economical assessment technique that categorizes deposits on the basis of development probability. Development probability is quantified and aggregated into potential new mine supply curves, which summarize resource potential of the region. The results suggest that copper resources in Montana and elsewhere are potentially large and that these resources probably will be mined at higher copper prices. This mineral assessment technique increases the usefulness of traditional methods for planners and policy makers. |
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Keywords: | Copper industry Copper resources USA |
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