Boom to BustSocial and cultural impacts of the mining cycle
Published: Feb 19, 2008By: Alex Doukas, Alison Cretney, Jaisel Vadgama
The value of many minerals in Northwest British Columbia has more than doubled in the past five years, setting the stage for a mining boom. However, mineral prices are historically volatile. When prices fall, production slows and mines are often forced to close. From the "boom" of a new mining project to the "bust" of a mine closure, this primer explores the impact this cycle can have on local communities.
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Publication Type: Briefing Notes, Summaries & Fact Sheets
Topic Area: British Columbia: Mining