Markets for Western Coal

Canadian Institute of Mining, Metallurgy and Petroleum
H. Stutchbury
Organization:
Canadian Institute of Mining, Metallurgy and Petroleum
Pages:
11
File Size:
3109 KB
Publication Date:
Jan 1, 1925

Abstract

Alberta is labouring, and has laboured, under serious difficulties in the marketing of ?her coals, due to a number of conditions which now obtain, but all of which appear capable of solution, and their elimination would insure a very largely increased market for the vast coal resources of that province. It is perhaps necessary to again mention the fact that 15 per cent of the world's coal resources are to be found in Alberta; 21 per cent of that of North America; 72 per cent of that of the British Empire, and 87 per cent of that of all Canada. While we talk largely of the great wealth of Canada, the immensity of her vast natural resources, it is axiomatic that the mere presence of any natural product in a country does not in itself constitute wealth for that country, unless these raw materials can find a market, either in their raw state, or by the process of manufacture. There are many factors, however, which enter into the marketing of any commodity. The chief of these, in my opinion, is price competition. High costs of production materially reduce the radius in which any product can be marketed, and this applies particularly to coal. Mining costs in the province of Alberta are necessarily high at the present time, due in a large measure to the ease with which the 'gopher hole' mine can be opened with small capital.
Citation

APA: H. Stutchbury  (1925)  Markets for Western Coal

MLA: H. Stutchbury Markets for Western Coal. Canadian Institute of Mining, Metallurgy and Petroleum, 1925.

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