The mining industry is estimated to possess raw materials for a maximum period of 20 years. Another example is platinum, subject again to Cohen's theory, that declares that 90% of world reserves are concentrated in only one location - Bushveld complex in South Africa, so new discoveries and possible manufacturing changes are virtually impossible. Also the article stipulates that on average the platinum and gold mines have a depth of 4 kilometers, while in South Africa the depth is only 2 kilometers. This is clear evidence that producers do not have the motivation to continue the investments for exploring purposes, due to the profit maximization purposes. Another element of discussion around the specialist and academic world is the rapidity of the total mineral resources reduction. For example, a pessimistic view states that world resources will be enough only for another 15 years (Cawthorn, 2007). Other specialist claim that at least 60 years the platinum would still represent a commodity, since the expansion...
The Platinum Review in 2007 states that by taking into account only the registered deposits of platinum, and the current growth consumption rate, the reserves would last for another 60 years. So there are important differences among the estimations in the mineral field. The environmentalist restrictions that are aimed at reducing the pollution levels - would also limit the consumption level of the mineral resources.
World War II Economical and military abilities of major participants of the war - Germany Soviet Union France Great Britain Important military campaigns France (including Belgium and Holland) Balkan campaign (Greece and Yugoslavia) Russian campaign Industrial production in 1943 World War II is the most tragic but extremely interesting period of human history of al centuries. It was a regular continuation of previous absurd bloody conflict - World War I. New war began after Germany was defeated in WWI and after
Queens and Kings preferred to fight using allies' lives. In the beginning of 20th century frightened by Germany British empire asked old enemy - Russia to become an ally. British monarch wanted to push off Germany, Russia and France and when they will suffer a lot from the bloody war become the strongest winner of this absurd fight. Russian and French soldiers had to die for Britain. British rulers dreamed
played a dominant role in other countries' local conflicts because of our interest in the petroleum resources of these countries. The U.S. has been at the center of heated internal political debates in Iran. For example, the U.S. sided with the Shah, and when the Shah was overthrown, there was a great backlash against us. In addition, the U.S. has been involved in conflicts in Mexico over oil. Currently,
Mineral Water Deerside is a mineral water firm that is marketing a premium mineral water from the Republic of Georgia that has minerals known to contribute to colon and intestinal health. The high cost of bringing this water from Georgia to the United States, combined with its curative properties, necessitates a premium position in the market, so that that the high cost of shipping the water can be recouped in the
Natural Resourcs War is one of the primordial human traditions. Man has always been enthusiastic about fighting, murdering and stealing from others. However, it doesn't derive us to the conclusion that interpersonal associations are dependent on war as a requisite or obligatory institution (Mises 10+). Many believe that war is a natural necessity and man can only attain full human importance if he behaves aggressively and antagonistically (Mead 415). If the militarist
Does Natural Resources Exploitation and Government Instability Impact Economic Development in the Democratic Republic of the Congo?AbstractThis paper aims to examine the relationship between natural resources exploitation and government instability on economic development in the Democratic Republic of Congo (DRC). The study uses a qualitative-quantitative approach, analyzing different eras of Congo\\\'s history to identify trends in economic development in relation to resources exploitation and government instability. It found that natural
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