Commodities
Estimates for production of major mineral commodities for 2005 and beyond have been based upon supply-side assumptions, such as announced plans for increased production/new capacity construction and bankable feasibility studies. The outlook sections were based on projected trends that could affect year 2005 producing facilities and on planned new facilities that operating companies, consortia, or governments have projected to come online within indicated timeframes. Forward-looking information, which includes estimates of future production, exploration and mine development, cost of capital projects, and timing of the start of operations, are subject to a variety of risks and uncertainties that could cause actual events or results to differ significantly from expected outcomes.
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Famous quotes containing the word commodities:
“Most works of art are effectively treated as commodities and most artists, even when they justly claim quite other intentions, are effectively treated as a category of independent craftsmen or skilled workers producing a certain kind of marginal commodity.”
—Raymond Williams (1921–1988)
“Every wise, just, and mild government, by rendering the condition of its subjects easy and secure, will always abound most in people, as well as in commodities and riches.”
—David Hume (1711–1776)