The Place Of Minerals In Economic Development

- Organization:
- Society for Mining, Metallurgy & Exploration
- Pages:
- 26
- File Size:
- 2027 KB
- Publication Date:
- Jan 1, 1963
Abstract
Some countries are infinitely poorer than others in mineral resources-despite the perfect equality of their political leaders ambitions. Compare the mineral poverty of Kenya and Tanganyika with the riches of Katanga Province and Northern Rhodesia. Compare Paraguay with Chile, There never has been any equality in the distribution of nature's wealth. Minerals cannot play any role at all in economic development where they don't exist, and there are bound to be differential rates of economic development where there are basic differences in the wealth of mineral resources available. Africa is my principal area of interest and I know that there is an unfortunate but widespread misconception about Africa's "vast mineral resources, "its "untapped mineral wealth." Why is it untapped? Why is it undeveloped?
Citation
APA:
(1963) The Place Of Minerals In Economic DevelopmentMLA: The Place Of Minerals In Economic Development. Society for Mining, Metallurgy & Exploration, 1963.