The Economic Aspect of GeologyLeith, C. K. (Charles Kenneth)
Science
The Economic Aspect of Geology
Leith, C. K. (Charles Kenneth)
Geology, Economic
Competition in exploration often develops an atmosphere of suspicion and
furtiveness which is highly unfavorable to cooperative efforts.
Individuals and companies may handicap themselves greatly by a desire to
play a lone hand, and by failure to take advantage of an exchange of
information. This action may be based, particularly on the part of
strong mining companies, on the assumption that they know all that is
necessary about the problem, and that an outsider has nothing to
contribute. Financial and other conditions may require this attitude;
but in large part it is a result of temperament, as clearly indicated by
the difference in methods followed by different groups and in different
mining districts. From the scientific point of view this attitude can
hardly be justified, in view of the extremely narrow limits of human
knowledge as compared with the scientific field to be explored. The sum
total of knowledge from all sources is only a small fraction of that
necessary for the most effective results. The mutual exchange of
information and discussion is usually justified on the basis of
self-interest alone, to say nothing of the larger interest to the
mineral district, to the country, or to science.
National and state survey organizations exercise considerable effort to
secure records of drilling. In some cases they have the legal power to
command this information, particularly in relation to appraisals for
taxation and "blue sky" laws. In a larger number of cases drill records
are secured through voluntary cooperation with explorers. A considerable
number of records are nevertheless not filed with public agencies and
some of these are permanently lost. Even where the records are turned in
to a public organization, they are in most cases not directly available
to explorers.
Public registration of all drilling records is a highly desirable
procedure in the interests of the development of the mineral industry as
a whole. A vast amount of unnecessary duplication can thus be avoided.
The record of a drill hole, even though barren, may be of vast
significance in the interpretation of future developments and should be
recorded as carefully as an abstract of land title. The property right
of the explorer in such information can be and usually is protected by
withholding the record from public inspection until sufficient time has
elapsed to give him full opportunity to use the information to his own
best advantage.
Public-domain text, read in full here on John Shaqi.
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