Showing papers in "Resources Policy in 1996"

TL;DR: The debate over resource depletion in the future is more polarized than ever as mentioned in this paper, with the two competing paradigms leading to quite different outlooks on the human condition and in turn on recommendations for public policy.

TL;DR: In this paper, it was shown that the low freight rates since the early 1980s will level out in a future perspective, and that price peaks caused by political and military crises like the Korean war, the Suez crisis, OPEC I and OPEC II also seem to be of diminishing importance over time.

TL;DR: In this article, the authors discuss why traditional techniques systematically undervalue mining assets and suggest that valuations based on option theory can at least partially remedy this situation, and construct an example that shows how the theory of options can be used to value flexible responses to price and technological uncertainty.

TL;DR: In this paper, two alternative models of this relationship are examined over the 1950 through 1994 period for world consumption of aluminium, copper, lead and zinc, and compared actual metal use against the predictions from the models demonstrates that in 1993 and 1994 there was some degree of unexpected and unusually high levels of demand for copper, but only slightly so for aluminium.

TL;DR: In this article, the authors explore the paradox between the predominant choice of natural gas for capacity additions to generate electricity in the USA and the continuing large share of coal in meeting incremental generation, despite little new coal capacity and the aging of existing plants.

TL;DR: In this paper, the main features of 35 mining and mineral processing projects which are already under way or committed to proceed are analysed in detail, and the flow-on benefits of the projects are estimated using multiplier techniques.

TL;DR: In this paper, the authors cast light on the conditions permitting self-regulation to emerge in the mining sector. But while self-regulatory arrangements have emerged in a couple of sectors, mining industry's initiative remains a phenomenon of interest grouping.

TL;DR: In this article, the authors found that intersectoral shifts in the UK economy favouring the service sector at the expense of the manufacturing sector have had a negative influence on the intensity of metal use but a positive influence on use of construction materials.

TL;DR: Minimill steel companies as discussed by the authors use electric furnaces to melt scrap or directly reduce iron ore, and their continued success is attributed to lower labour and capital construction costs and steady improvements in electric furnace and rolling technology.

TL;DR: The main obstacles are in the arena of planning controls and environmental regulation, which are global rather than specifically European issues as mentioned in this paper, and the future of Europe's mining industry is no different from that of the world as a whole.

TL;DR: In this article, the authors assess the likelihood of major new nickel developments taking place in Western Australia against the background of an established oligopolistic market structure and major nickel finds elsewhere.

TL;DR: In this paper, the analysis of project NPV as a portfolio of exotic options is presented in discrete time, where the analysis is based on a stochastic process and the portfolio of options is represented as a set of options.

TL;DR: In this article, the authors estimate the depreciation of coal resources from 1976 to 1992 using three approaches: the net price approach, the total rent approach and the user cost approach, and indicate that the current rates of coal use in China are unsustainable.

TL;DR: In this paper, the Swedish iron ore producer, LKAB, in spite of mining its ore underground in an arctic climate at relatively high costs, has remained internationally competitive thanks to its large-scale operation with high grade magnetite ore, pelletization and relatively short distance to both its shipping harbour and its international markets.

TL;DR: In this paper, a model is presented that provides a framework within which the requirements of the public and private sectors can be accommodated while still maintaining scientific excellence, impartiality and credibility and offering the opportunity to address public-good issues.

TL;DR: The environment and competitiveness in mining: Is there room for environmental self-regulation in the mining sector? by O Bomsel et al. as discussed by the authors, which is the most relevant work to ours.

TL;DR: In this article, the export implications for natural gas and aluminium of Russia's ongoing economic transition are examined, and a set of quantitative projections for the prospective evolution of Russian domestic demand for aluminium and gas, and draws out the potential implications for the international markets.

TL;DR: The competition between coal and natural gas : the importance of sunk costs (by A Denny Ellerman) as mentioned in this paper is a seminal work in the field of coal mining and renewable energy technologies.

TL;DR: In this article, the authors apply the extraction R&D model in examining the effects of non-conventional fuel tax credits on natural gas reserves and extraction in southwestern and northeastern New Mexico, the second largest deposits of natural gas in the USA.