[JimSEA]

Perhaps El Salvador is an anomaly but similar legislation is pending in many countries in addition to massive and seemingly unending strikes such as the one at the BHP copper mine in Chile. The future for Copper mining verses demand places a very grim picture

[Mogger]

Time to head for the moon and the asteroids.

[smokingfrog]

Save your pennies.

[Tijeras_Slim]

Thank you for the explanation Mr. D’Anconia.

[redfreedom]

I have a feeling the ocean floor is full of copper deposits here and there. The problem would be economically mining it.

It’s pretty much the same as with oil, if there is a need, someone will go out and find it.

[null and void]

Comments?

[yefragetuwrabrumuy]

Many years ago, a top economist discovered something unheard of in economics: an economic model with 100% accuracy throughout all of recorded human history.

It was so extraordinary that he spent at least a decade both trying to disprove it, as well as annotating every bit of it. When he finally published it, it was a very dry, academic tome, and over half the book was footnotes.

But what he had discovered was simple in its basis. That throughout history, prosperity or decline in nation states and trading blocs, was determined by mining.

More mining equals more prosperity. Nations that reduce or discontinue mining are moving into decline and poverty.

The reason for this is that mining is like throwing a large rock into the middle of a pond. In an economy it sends waves through every part, increasing production, prosperity, wages, and military might.

Absent this, the best that can be hoped for is stagnation leading to decline.

[jr3000]

Thanks. Now I know my browser supports 8000 pixel images.

[Verginius Rufus]

What about fool’s gold? Is that included in the ban?

[Moltke]

The law also bans the use of cyanide and mercury for mining.

Why, if there is no mining in the first place?