Mining Geology - Much More Ore in the United States Awaits Discovery Through All-Out Efforts of Geologists

- Organization:
- The American Institute of Mining, Metallurgical, and Petroleum Engineers
- Pages:
- 4
- File Size:
- 1611 KB
- Publication Date:
- Jan 1, 1946
Abstract
LIKE nearly everything else, mining geology has been reconverting. Many geologists had been in military and other government service. Many more, with mining companies, had been working primarily toward increasing production from known reserves. All of these are turning now toward their normal peacetime endeavor-the search for new ore; for most mining companies, finding themselves with accumulated deficits in development work, are more than ready to go ahead with their postwar plans made a year or more ago but still stalled at the close of 1945 for lack of man power. These plans include not merely development in the old home camp but also wide exploration for new prospects both domestic and foreign. Most of the large concerns have geologists and engineers in the field in the United States, despite the outlook for higher mining costs here, and at least half a dozen strong American companies are already investigating opportunities abroad, notwithstanding past unhappy experiences in certain Latin-American nations which have welcomed capital but later found means of preventing investors from reaping the reward of their enterprise. A few of these new foreign expeditions are following well-planned programs, but too many, in their haste to get any sort of footing, are proceeding without well-considered policy. with the result that their geologists can do little more than desultory scouting.
Citation
APA:
(1946) Mining Geology - Much More Ore in the United States Awaits Discovery Through All-Out Efforts of GeologistsMLA: Mining Geology - Much More Ore in the United States Awaits Discovery Through All-Out Efforts of Geologists. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1946.