Ore Reserve Estimation and Mine Valuation
Course Name:
Ore Reserve Estimation and Mine Valuation (MI414)
Programme:
B.Tech (Mining Engg)
Semester:
Eighth
Category:
Programme Specific Electives (PSE)
Credits (L-T-P):
(3-0-0)3
Content:
National mineral resources; national mineral policy and strategies for development of mining industry; resource conservation; technology import, taxation, royalty and subsidies; mineral trade; concept of derivatives in mineral trade; pricing mechanism of minerals; sampling; estimation of reserves; economic block model concept; valuation of mines and mineral properties, life of a mining project; project evaluation; determination of optimum size of mine; risk analysis in mineral investment decisions.
References:
Annels, A.E., Mineral Deposit Evaluation: A Practical Approach, Chapman Hall, 1991.
Deshmukh, R.T., Mine and Mineral Economics, Emdee Publishers, 1986.
Edwards, A. C., Mineral Resource and Ore Reserve Estimation, Australasian Institute of Mining and Metallurgy, 2001.
Department:
Mining Engineering
