Changes in the rules of the game for the mining industry at home and abroad

CIM Bulletin, Vol. 72, No. 801, 1979

DOROTHY WALTERS, Director, Economic Affairs, Inco Limited

As an increase in the number of producers alters factors affecting supply, long-term prospects in traditional markets for many minerals weaken. At the same time, conflicts between national and international objectives undermine existing competitive elements in mineral markets and Canadian costs escalate. Such changes may dramatically alter the environment in which the mining industry operates.
Keywords: Mineral economics, Consumption, Supply, International trade, Trade, Markets, Produstion costs, Government regulations, Taxation