Primary commodity prices — a pedagogical note

This note provides a simple statement about the pricing of primary commodities — and in particular oil and non-fuel minerals. It is contended that inventories must enter the analysis in an explicit manner. The place of expectations is also discussed briefly.     

A practical guide to avoid giving up on giving-up densities

The giving-up density (GUD) framework provides a powerful experimental approach with a strong theoretical underpinning to quantify foraging outcomes in heterogeneous landscapes. Since its inception, the GUD approach has been applied successfully to a vast range of foraging species and foraging scenarios. However, its application is not simple, as anyone who has tried to use it for the first time might attest. Limitations of the technique were noted at its conception, yet only the artificiality of the patches, the appropriateness of the food resource, and the possibility of multiple visiting foragers were identified. Here we show the current uses of GUD and outline the practical benefits as well as the often overlooked limitations of the technique. We define seven major points that need to be addressed when applying this methodology: (1) the curvilinearity between harvest rate and energy, (2) the energetic state of the forager, (3) the effect of group foraging, (4) food quality and substrate properties, (5) the predictability of the patch, (6) behavioral traits of the forager, and (7) nontarget species. We also suggest how GUD experiments can be enhanced by incorporating complementary methods (such as cameras) to better understand the foraging processes involved in the GUD itself. We conclude that the benefits of using GUD outweigh the costs, but that its limitations should not be ignored. Incorporating new methods when using GUD can potentially offer novel and important insights into the study of foraging behavior.     

Removal of copper from aqueous solution by Ascophyllum nodosum immobilised in hydrophilic polyurethane foam

The seaweed Ascophyllum nodosum was pre-treated by successive washes in distilled water and dilute acid, dried, and pulverised to produce particles of <150 microm. These were immobilised during the manufacturing process of Hypol 2002 polymer to form a biomass/polymer matrix that was stable and easy to handle. In making the composite a mixing speed of 360 rpm for 20-30 s with 2% (w/w) addition of surfactant to pre-polymer was found to be ideal. The average pore sizes for different water polymer mixes (expressed as volume ratios) were 1.66 mm +/- 0.98 (ratio 0.75:1), 1.58 mm +/- 0.76 (ratio 1:1), 1.64 mm +/- 0.6 (ratio 1.5:1) and 1.11 mm +/- 0.615 (ratio 2:1). The biomass/polymer was used alongside free native biomass in an initial adsorption experiment using a 0.0315 mmol dm(-3) Cu (II) solution and gave a copper uptake capacity [Formula: see text] of 0.037 mmol Cu g(-1) dry weight seaweed in both cases which represented approximately 85% of total initially available copper. In later adsorption isotherm experiments using Cu concentrations between 0.0315 and 0.944 mmol dm(-3) at pH 5.0 and immobilized biomass over five consecutive adsorption/desorption cycles the biomass/polymer showed an initial lowering of adsorption capacity but stabilised at 0.23 mmol g(-1) dry weight by the third re-use. The q(max) of the immobilised biomass decreased from 0.55 and 0.416 mmol of Cu g(-1) dry weight when pH was lowered from 4.0 to 3.0, and increased from 0.576 mmol g(-1) dry weight (biomass) at 283 K to 0.636 mmol g(-1)(biomass) at 303 K.     

Natural resource availability: Some economic aspects

This paper treats some of the more important aspects of natural resource availability. This includes a definition of real or opportunity costs in resource extraction as compared to money costs; some economics of secondary materials and recycling; energy resources; and a demonstration of the effect of exponential growth in resource use on the time to resource exhaustion. The paper concludes with a short note on econometrics and commodity models.     

Landowner equity in Papua New Guinea's minerals sector: Review and policy issues

The involvement of local communities as equity holders in major mineral resource developments dates back over a decade in Papua New Guinea. This article reviews the history and result of landowner equity at two of Papua New Guinea's major mines (Porgera and Lihir), with a particular focus on the contribution of these equity holdings to local sustainable development. It is found that while an equity holding can provide significant returns to a local community, it also exposes them to significant financial risk. A second major area of concern is the structures and instruments by which revenues generated from the equity are distributed and utilized within the local community. Further research and policy redirection is required before local equity holding can be viewed as making a significant contribution to local sustainable development.     

Environmental Protection in the Tomsk Region of the Russian Federation: A Case Study

/ Implementation of environmental management in Russia is undergoing rapid changes. Federal responsibility rests with the Russian Federation State Committee for Environmental Protection (RFSCEP) and is delegated at regional level to local State Committees for Environmental Protection (SCEPs). This paper focuses on the functioning of the SCEP for Tomsk oblast' (region) in Siberia, which is strongly committed to forging constructive links with regional government, academia, industry, and environmental NGOs. Considerable difficulties exist for SCEPs in Russia, however, and prominent among these are (1) a rigidly vertical civil service structure, with separate organs having responsibility for different natural resources, persisting from Soviet times, which hinders effective intergrated and holistic environmental management; and (2) a lack of open access to environmental information from military and quasi-military sites.