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Modelling future copper ore grade decline based on a detailed assessment of copper resources and mining

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  • Northey, S.
  • Mohr, S.
  • Mudd, G.M.
  • Weng, Z.
  • Giurco, D.

Abstract

The concept of “peak oil” has been explored and debated extensively within the literature. However there has been comparatively little research examining the concept of “peak minerals”, particularly in-depth analyses for individual metals. This paper presents scenarios for mined copper production based upon a detailed assessment of global copper resources and historic mine production. Scenarios for production from major copper deposit types and from individual countries or regions were developed using the Geologic Resources Supply-Demand Model (GeRS-DeMo). These scenarios were extended using cumulative grade-tonnage data, derived from our resource database, to produce estimates of potential rates of copper ore grade decline.

Suggested Citation

  • Northey, S. & Mohr, S. & Mudd, G.M. & Weng, Z. & Giurco, D., 2014. "Modelling future copper ore grade decline based on a detailed assessment of copper resources and mining," Resources, Conservation & Recycling, Elsevier, vol. 83(C), pages 190-201.
    • Handle: RePEc:eee:recore:v:83:y:2014:i:c:p:190-201
    DOI: 10.1016/j.resconrec.2013.10.005
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    References listed on IDEAS

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