iHub Mining Sector Entrance Lobby

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In the 1500's Georgius Agricola wrote a treatise on mining called De Re Metallica. One TSX firm takes its name from that tome. In it there is a section on the area in which a person may choose to make a mining investigation. Agricola avers that if there be a tyrant who rules that local area, that all caution should be applied to ventures there. I quote:

Now a miner before he begins to mine the veins, must consider seven things, namely:- the situation, the conditions, the water, the roads, the climate, the right of ownership, and the neighbours,

The miner should make a careful and thorough investigation concerning the lord of the locality, whether he be just, and a good man, or a tyrant, for the latter oppresses men by force of authority and siezes their possessions for himself; but the former governs justly and lawfully and serves the common good

-- De Re Metallica 1556

Some may view the move towards cancelling "underperforming permits" as a clearing of the house, but others may view those who lose land in this action as unfortunate in that the conditions for production may be unfavourable through no main fault of the land holder.

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