This paper is about understanding the cycle of global copper price booms and busts over Zambia's economic history. We explore how the mining industry has been managed, and wider economic management during boom periods. We find that successive Zambian governments did not use copper revenues to...

Biography of Marcus Daly, developer of the Anaconda Copper Mine in Butte, Montana. After Alexander Graham Bell demonstrated the telephone, Daly realized the future need for copper and sought it rather than silver or gold. He also developed a grand hotel, a newspaper, a railroad, and a stable of...