Major resource discoveries have transformed growth prospects for many low-income countries. However, the sharp downturn in commodity prices in recent years is affecting resource investment in these countries, and may delay the development of recent discoveries into production. This study investigates lead times from discovery to production for a unique data set of gold and copper discoveries worldwide during 1950-2014. The study employs standard parametric...
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INFORMATION
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2016/09/15
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Document de travail de recherche sur les politiques
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WPS7823
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1
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1
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2016/09/15
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Disclosed
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From commodity discovery to production
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commodity price