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The Great Tin Crash

The Great Tin Crash

John Crabtree

(1990)

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Book Details

Abstract

On 24 October 1985, the price of tin fell by half. The collapse of the international tin market sent shock waves around the world. Despite a gradual recovery, many mines have been forced to close forever. The Great Tin Crash traces the story of tin: from the rise of the tin can, through the collapse of the tin market, to the present. It looks at the crisis in the tin industry from the point of view of those who have lost the most: the miners and their families. From Siglo XX in Bolivia to Geevor in England, thousands of miners have seen their livelihoods disappear.

Table of Contents

Section Title Page Action Price
Title Page i
Copyright Page ii
Table of Contents iii
Map of Bolivian Tin Mining Areas iv
Bolivia—Statistical Profile 1
Introduction: The Great Tin Crash: Tin Miners Carry the Can 4
Tin on the World Markets 9
Bolivia's Livelihood 12
1: 'Even the Mice are Leaving...' 14
2: How Mineral Commodity Markets Work 23
The Simple View 27
Closer to Reality 34
3: The Story of Tin 38
The Supply Side 38
The Demand Side 41
Intervention and Stockpiles 45
The Collapse of the World Tin Market 50
Shaking out the Weakest 55
4: Bolivia and Tin 57
The Miners in Bolivia 61
The Making of the Tin Crisis 69
Deterioration 71
The Kiss of Death 76
5: Bolivia: The end of the Tin Era? 83
Alternatives 84
Future Prospects 85
Conclusion: From Geevor to Siglo XX and the Lessons of the Great Tin Crash 92
From Geevor... 92
...To Siglo XX 96
Lessons of the Great Tin Crash 97
Selected Bibliography 103