First Published in 2011.This is Volume 6 of the library collection of seven on Natural Resource Management and gives an analysis of the structure, physical characteristics, economics and a survey of the world copper industry and of the problems with which policy makers and students of the industry are currently concerned. There is heavy emphasis on foreign investment in mining, especially in the Third World copper producing countries.

A sweeping account of civilization's dependence on copper traces the industry's history, culture and economics while exploring such topics as the dangers posed to communities living near mines, its ubiquitous use in electronics and the activities of the London Metal Exchange. By the author of Fools Rush In. 30,000 first printing.

The paper concludes that world copper prices play an important role in short-term fluctuations and probably influence long-term growth of the Chilean economy. While many mechanisms may be at work, investment seems to play a major role. In a copper price boom, the higher copper price and associated capital inflows create upward pressure on the real exchange rate. The appreciation of the Chilean peso during the first part of the copper cycle contributes to lower inflation, which could partly explain why real wages grow more rapidly in this part of the cycle.

A collection of new studies dedicated to Professor Beno Rothenberg, focused on copper in antiquity in the Near East, the eastern Mediterranean, and the British Isles.

Throughout world history, copper has been a significant metal for a vast number of cultures, from the oldest civilizations on record to the Bronze Age and Greek and Roman antiquity. Though replaced by iron as the primary metal for tools and weapons in ancient civilizations, copper found new resurgence in the nineteenth century when it was discovered to have particularly high thermal and electrical conductivity. Copper mining quickly escalated into a large-scale industry, and because of its vast reserves and innovative mining techniques, the United States seized the reins of global production with the opening of significant copper mines in Tennessee and Michigan in the 1840s and Montana in the 1870s. Copper-mining prosperity and America’s dominance of the industry came with a heavy environmental price, however. As rich copper deposits declined with increased mining efforts, large deposits of leaner ores—oftentimes less than one percent pure—had to be mined to keep pace with America’s technological thirst for copper. Processing such ore left an inordinate amount of industrial waste, such as tailings and slag deposits from the refining process and toxic materials from the ores themselves, and copper mining regions around the United States began to see firsthand the landscape degradation wrought by the industry. In The Legacy of American Copper Smelting, Bode J. Morin examines America’s three premier copper sites: Michigan’s Keweenaw Peninsula, Tennessee’s Copper Basin, and Butte- Anaconda, Montana. Morin focuses on what the copper industry meant to the townspeople working in and around these three major sites while also exploring the smelters’ environmental effects. Each site dealt with pollution management differently, and each site had to balance an EPA-mandated cleanup effort alongside the preservation of a once-proud industry. Morin’s work sheds new light on the EPA’s efforts to utilize Superfund dollars and/or protocols to erase the environmental consequences of copper-smelting while locals and preservationists tried to keep memories of the copper industry alive in what were dying or declining post-industrial towns. This book will appeal to anyone interested in the American history of copper or heritage preservation studies, as well as historians of modern America, industrial technology, and the environment.

Achieving the goals and objectives of sustainable development requires better information about the consequences of proposed actions. Partial information accounts for many failed efforts in the past. The financial implications for the proponent of the projects have often been more thoroughly analyzed than the implications for other actors. The impacts on biological diversity, or on the social fabric of local communities, have often been ignored. Decisi- makers may also focus more on the short-term consequences instead of long- term impacts, creating negative unintended consequences. It is clear that better decision-making processes are needed. Making better decisions requires identifying, obtaining, synthesizing and acting on larger and more diverse data sets, including information that has previously been overlooked in development decisions. The good news is that better processes are being developed and are becoming available. If the goal is to reach decisions that are broadly understood and accepted, affected communities need to be consulted. Early public participation in defining problems is a prerequisite to effective decision-making. There is no universal formula or checklist of information applicable to every proposed project. The scope of information required should not be determined from the start by small cadres of experts. It is unlikely that any individual or small group processes all of the expertise to achieve the kind of profound int- disciplinary synthesis that is needed.