Economic geology

Definition and stakes

C. K. Leith,  The Economic Aspect of Geology

“ The usefulness of economic geology was first recognized in relation to mineral resources,—and particularly in relation to metallic resources, their discovery and development,—but the science has been found to have much wider practical application. The practice of the economic geologist in recent years has taken on many new phases.
The geologist is called upon to study the geologic features of mineral deposits, their occurrence, structure, and origin. The basic information thus acquired is useful in estimating reserves and life of mineral deposits.
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Source: Gutenberg

C. K. Leith,  The Economic Aspect of Geology

“ In adapting ourselves to physical environment it has been necessary to learn something about the earth. Mainly within the last century has this knowledge been organized into the science of geology, and only within the last few decades have the complex and increasing demands of modern civilization required the applications of geology to practical uses, resulting in the development of the science generally known as economic geology. This science is not sharply marked off from the science of geology proper; almost any phase of geology may at some time or some place take on its economic aspect. ”
Source: Gutenberg

C. K. Leith,  The Economic Aspect of Geology

“ The approach to the problem of exploration is very often determined by local requirements and conditions; but if one were to come at the problem from a distance and to keep matters in broad perspective, the first step would be a consideration of what might be called the economic factors. Let us suppose that the geologist is free to choose his field of exploration. An obvious preliminary step is to eliminate from consideration mineral commodities which are not in steady or large demand and are much at the mercy of market conditions, or which are otherwise not well situated commercially. ”
Source: Gutenberg

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