8 lines
745 B
TeX
8 lines
745 B
TeX
\section{Conclusion}
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In situ mining is a modern mining method which has reduced the ecological externalities associated with mineral recovery. We provide preliminary evidence that the current regulatory framework surrounding in situ operations reduces economic welfare.
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We contribute to the literature by providing a micro economic model of in situ mining, which will eventually be used to perform a sensitively analysis, of different mines, both current and planned. Informed by this model We also estimate short and long run supply elasticities of uranium miners.
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Current and future work is valuable for policy makes and economists, in developing a policy framework that balances the costs and benefits from this new form of extraction.
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