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Pembina Institute

 

Boom to Bust

Social and cultural impacts of the mining cycle

Boom to Bust

Published Feb. 19, 2008

By Alison Cretney, Jaisel Vadgama, Alex Doukas

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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