Mineral wealth

Definition and stakes

C. K. Leith,  The Economic Aspect of Geology

“ The total returns from mining may not in the aggregate be far above the expenditure for exploration, development, and extraction; yet the total mineral wealth of the United States, on the basis of earning power and aside from the industries based on it, cannot be far from sixty billions of dollars, and this wealth has virtually come into existence since the 1849 gold rush to California. The mining industry supports a large population. These facts are the solid basis for the widespread popular interest in mineral investment—and mineral speculation. ”
Source: Gutenberg

Portrait of William Bennett Munro William Bennett Munro,  Social Civics (1922)

“ The Mines.—No country can ever become great in industry unless it has ready access to minerals, especially iron and coal. It was the possession of iron and coal in great quantities that served to make England during the nineteenth century the industrial leader of Europe. Various regions of the United States possess these great stores of mineral wealth and have made good use of them. There is one great difference between mineral resources and other natural resources, namely, that when minerals are once taken from the earth there is no way of renewing them. ”
Source: Gutenberg

Various,  Scientific American Supplement…

“ To the natural resources of the soil add the enormous mineral wealth hidden but a few feet below the surface, and wonder grows to amazement. Coal fields surpassing in extent all the remaining fields in the world; iron ore sufficient to stock the world with iron and steel for the next thousand years; copper of the finest quality; zinc, lead, salt, building stone and timber, all in quantities sufficient for a population a hundred times as great. ”
Source: Gutenberg

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