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Designing Optimal Strategies for Mineral Exploration (Paperback, Softcover reprint of the original 1st ed. 1985)
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Designing Optimal Strategies for Mineral Exploration (Paperback, Softcover reprint of the original 1st ed. 1985)
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Few knowledgeable people would deny that the field of mineral
exploration is facing some difficult times in the foreseeable
future. Among the woes, we can cite a worldwide economic uneasiness
reflected by sluggish and at times widely fluctuating metal prices,
global financial uncertainties, and relentless pressures on costs
despite a substantial slowing down of the rate of inflation.
Furthermore, management is forced to tum to more sophisticated and
expensive technologies and to look farther afield to more remote
regions, as the better quality and more easily accessible ore
deposits have now been revealed. This rather gloomy outlook should
persuade explorationists to cast about for a new philosophy with
which to guide mineral exploration through the challenging decades
ahead. Once already, in the early 1960s, a call for change had been
heard (Ref. 30 in Chapter 1), when it became obvious that the
prospecting methods of yesteryear, so successful in the past, could
not keep up with the rapidly growing demand for minerals of the
postwar period. The answer, a massive introduction of sophisticated
geophysical and geochemical technologies backed by new geo logical
models, proved spectacularly successful throughout the 1960s and
the 1970s. But for both economic and technological reasons, the
brisk pace of the last two decades has considerably slowed down in
the early 1980s, as if a new threshold has been reached."
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