Resourcing the future: Using foresight in resource governance

Publisher:
Pergamon
Publication Type:
Journal Article
Citation:
Geoforum, 2013, 44 (2013), pp. 316 - 328
Issue Date:
2013-01
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Australia is a major supplier of minerals globally, but the countrys ability to meet both projections for future demand and sustainability goals is hampered by a range of environmental and social issues associated with traditional modes of minerals production. At a time when societys expectations for the environmental and social performance of companies are becoming more stringent, mineral production in Australia has become more difficult and expensive issues that are often disguised by (and overlooked as a result of) high resource prices and an outwardly buoyant economy. Difficulty and expense are characterised not by the absence of resources, but by declining ore grades, substantially increasing mine waste, rising energy consumption, and falling multi-factor productivity. Together, social changes and production challenges are reinforcing the recognition that business as usual cannot deliver on the sustainability imperative. Technological development has been an important focus in seeking to address many of the challenges facing the Australian minerals industry, but this alone has not been adequate, and may not be the panacea of the future. Research exploring the future of minerals production and its implications for society and the economy must be accompanied by foresight into the long-term strategic challenges, future scenarios, social, economic and regional contexts where these implications will play out
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