ALBERT

Description: excerptSustainable development requires an appropriate abalance between social, economic and environme ntal well-being, now and for the future. Since most minerals are non-renewalble resources, sustainability of supply can only be addressed by extracting, processing and distributing raw in the least environmentally damaging ways, using minerals wisely, and recycling as much as possible. However, there also is significant scope for inproved sustainability in terms of economic and social aspects. Minerals are essential raw materials but high-quality deposits havem become depleted in many developed countries. These countries have increasingly turned to developing countries for supplies and it is in these that modt high-quality untapped futre prospect remain. for countries with limited export opportunities, minerals are often a mainstay of the domestic economy. However, low selling prices may reflect limited environmental regulation and low wages. This can lead to charges that the rich countries are exporting their environmental damage to, andexploiting, poorer countries. As more countries develop, the global demand for supplies of essential raw materials increases, and resources will be depleted more quickly. Therefore, sustainable minerals supply from the developing countries is an important global issue. In this Special Report, general aspects of sustainable minerals operations in the developing world are reviewed by Petterson et al., Hobbs, and Richards while the remaining papers consider specific issues in more detail. Hobbs, in particular, emphasizes the need to give proper weight each to human capital, financial capital, manufactured capital, and environmental capital in any full analysis as a context for sustainable development and effective.