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mining economics course notes ppt

 — Mineral economics is the academic discipline that investigates and promotes understanding of economic and policy issues associated with the production and use of mineral commodities.

understanding and focusing on the economics of an orebody, and who was an early pioneer of the development of the ore optimisation algorithm utilized in this book. The focus was firmly on maximising cash flows from orebodies being mined. Out went mining to the pay limit and in came mining to the cut-off grade that yielded maximum cash flows ...

The rewards of successful exploration and development can be large, if a mineral deposit is discovered, evaluated, and developed into a mine. For a mining company, successful exploration and development lead to increased profits.

Integrating economics into mining. Overview of the Mine Planning process, and application of economic evaluation procedures. Time value of money. Value at a constant point in time, discounted cash flow analysis, discount factors (risk & …

Use of basic knowledge of ore geology in mineral exploration, case studies of discovery of some world class deposits; appraisal of mineral resources. Economics of exploitation of mineral resources – international trade, price and policies. Environmental impact of resource exploitation.

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This course provides participants with a solid foundation in the fundamental principles of mining economics. It focuses on cost efficiencies involved in every step of the mining process and provides an introduction to systematic planning and the importance of engineering decision-making based on costs. Each participant will receive a set of

Economic geology is the scientific study of mineral resources and the application of such knowledge in mineral exploration and mining. This book is an introductory text on the geology of mineral deposits for undergraduate and postgraduate geology and mining students, particularly in Africa.

This course provides a solid foundation in the fundamental principles of mining economics; focusing on cost efficiencies at each step in the process. It also provides an introduction to systematic mine planning and reinforces the importance of engineering decision-making based on costs.

 — This paper discusses a brief account of underground metalliferous mines including mineral wise reserves/resources, production, consumption, foreign trade and the mining reforms in India as an...

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