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Title: Review of 1987 international mining activities

Journal Article · · Min. Eng. (Littleton, Colo.); (United States)
OSTI ID:6845306

Despite the focus on the so-called ''high-tech'' and service components of the economy, the minerals industry in 1987 continued to provide the world the overwhelmingly dominant share of the total raw material supply for all manufacturing operations. And, in the form of fertilizers and other soil treatment materials, minerals also supplied indispensable raw materials to ensure continued high production of the agricultural and forestry sector of the world's economy. Moreover, the role of minerals as a source of construction raw materials was essential to that sector. On the basis of preliminary and partial statistics on world output of crude mineral commodities, 1987 appears to have been a year of further recovery from the recessional years of 1981-1983. The value of world crude mineral industry production (all mineral commodities including fuels) apparently advanced about 5% to nearly *1.1 trillion in terms of constant 1983 dollars. That is significantly above the recently revised 1986 level of nearly *1.05 trillion, but still considerably below the record-to-date high of *1.27 trillion set in 1980.

Research Organization:
US Bureau of Mines, 2401 E. St. NW, Washington, DC (US)
OSTI ID:
6845306
Journal Information:
Min. Eng. (Littleton, Colo.); (United States), Vol. 40:7
Country of Publication:
United States
Language:
English