Quote:
Originally posted by LubeMaster77
Working mines for the past several years has taught me a few things - 1) There is a bunch of minerals available, more than anyone outside of the mining community can imagine - includes gems and metal (including gold, silver, platinum. 2) The cost to get it out is high but the profit margins more than make up for it. 3) The mine corp sets the standard for how much is pulled and what new lines are established - it is all built around market profitablity. Money is made in metal trae and the stock trade of folks that pulled metal. 4) Recycling metal has a great influence - aluminum and copper as well as iron recycling has had a bit of a factor in metal prices. 5) Takes a lot of diesel to run a mine, a lot of elestricity as well.
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Some radio personality, a local one I think, read a short paragraph on the dissipation of natural resources which stated that ruin and rags were just around the corner all due to depletion of available, necessary resources. It was written in the early middle ages, around 1100 if memory serves. We'd laugh about that today, and deservedly so.
Anyone who thinks natural resources are nearing depletion simply hasn't looked at the real facts.