Miningexecutivessay that neither theshortagesofmetalsnorChina'sdemandforthemwillchangeany time soon -and thatthe growth of Indiawillprovidefurthersupportforcommoditiesprices.
Furthermore, since new mines can take as long as a decade to develop, miningexecutivessay, and since firms made few investments during the lean years of the 1980s and 1990s, supply could take a long time to catch up with demand.
Miningexecutivessay that while they chuckle about the quirks of older geologists, they recognize the business value of their memory of previous exploratory work, their grasp of complex rock formations and their discipline in knowing how to meticulously chart new territory.