Publication

Mar 2012

The paper considers the process of discovery for subsoil resources, including both hard minerals and hydrocarbons and estimates its magnitude in recent years, as derived from the sum of extraction and changes in proven reserves. Spurred on by technology change and strong market conditions, discovery has been substantial for most minerals.

Download English (PDF, 37 pages, 685 KB)
Author Alan Gelb, Kai Kaiser, Lorena Viñuela
Series CGD Working Papers
Issue 290
Publisher Center for Global Development (CGD)
Copyright © 2012 Center for Global Development (CGD)
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