International Mineral Economics provides an integrated overview of the concepts important for mineral exploration, mine valuation, mineral market analysis, and international mineral policies. The treatment is interdisciplinary, drawing on the fields of economics, geology, business, and mining engineering. Part I, Economic Geology and Mineral Development, examines the technical concepts important for understanding the geology of ore deposits, the methods of exploration and deposit evaluation, and the activities of mining and mineral processing. Part II, Mineral Economics, focuses on the economic and related concepts important for understanding mineral development, the evaluation of exploration and mining projects, and mineral markets and market models. Finally, Part III, International Mineral Policies, reviews and traces the historical development of the policies of international organizations, the industrialized countries, and the developing countries.

Selected Readings in Mineral Economics reviews the economic principles of mineral investment activities and mining decisions. Topics range from mineral reserves and exploration to the economics of mineral projects, taxation issues, and marketing and finance. This text is comprised of 27 chapters. After explaining the distinction between resources and reserves, this book proposes a concept of mineral reserves. The chapters that follow explore the conversion of resources into reserves through the exploration process, while focusing on the flow from resources to reserves and metal production based on the concept of the ""monitoring curve,"" along with the process of depletion and reserves replacement. The next section illustrates the range of issues associated with rational project evaluation in the minerals sector, considering the discounted cash flow techniques and option pricing as an approach to mine valuation. The effects of Canada's tax system on the mineral supply process are then examined, together with international mineral markets and finance. This text concludes with a chapter that analyzes financing methods for large-scale mining projects, including innovative methods of debt finance involving risk sharing. This book will be of interest to those working in the mining and metallurgical industries.

This textbook provides an introduction to the field of mineral economics and its use in understanding the behaviour of mineral commodity markets and in assessing both public and corporate policies in this important economic sector. The focus is on metal and non-metallic commodities rather than oil, coal, and other energy commodities. The work draws on John Tilton's teaching experience over the last 30 years at the Colorado School of Mines and the Catholic University of Chile, as well as short courses for RioTinto and other mining companies. This is combined with the professional consulting and academic research of Juan Ignacio Guzmán over the past decade, in order to demonstrate the industry application of the economic principles described in the earlier chapters. The book should be an ideal text for graduate and undergraduate students in the fields of mining engineering and natural resource economics and policy. It should also be of interest to professionals and investors in mining and commodity markets, and those undertaking continuing education in the mineral sector.

Minerals are part of virtually every product we use. Common examples include copper used in electrical wiring and titanium used to make airplane frames and paint pigments. The Information Age has ushered in a number of new mineral uses in a number of products including cell phones (e.g., tantalum) and liquid crystal displays (e.g., indium). For some minerals, such as the platinum group metals used to make cataytic converters in cars, there is no substitute. If the supply of any given mineral were to become restricted, consumers and sectors of the U.S. economy could be significantly affected. Risks to minerals supplies can include a sudden increase in demand or the possibility that natural ores can be exhausted or become too difficult to extract. Minerals are more vulnerable to supply restrictions if they come from a limited number of mines, mining companies, or nations. Baseline information on minerals is currently collected at the federal level, but no established methodology has existed to identify potentially critical minerals. This book develops such a methodology and suggests an enhanced federal initiative to collect and analyze the additional data needed to support this type of tool.

Mineral Economics Has Emerged As A Well-Recognised Specialised Discipline In A Number Of Developed Countries As Well As In India. What Was However Lacking, Was A Constant And Systematic Appreciation Of The Economic Theories And Principles That Are Related To The Different Facets Of Mineral Development. The First Edition Of This Book Published In 1993, Filled That Long Standing Void In A Logical And Lucid Manner. After 1993, There Has Been A Sea-Change In The Economic Environment And The Mineral Sector Has Not Been Immune To The Wave Of Globalisation And Liberalisation, That Has Been Sweeping India And Other Countries.Hence, A Revision Of The Book Has Become Necessary. This Revised And Enlarged Edition Will Be Of Immense Help To The Teachers, Students And Professionals, Concerned With Either Economics Or With Minerals, And All Others Who Want To Have An Insight Into This Vital Subject. It Deals With The Entire Gamut Of Economic Activities Concerning Minerals.

This Encyclopedia provides a cutting-edge, up-to-date reference source on mineral and energy policies around the world. It offers information on GDP, population, investment scenarios and current environmental regulations in over one hundred thirty countries from 13 geographic regions around the world. It covers topics such as geo-conservation, deep mining technology as well as rare earth, green technology and international organizations that are actively involved in minerals and energy through exploration, arbitration, marketing and investment. Topical entries are presented alphabetically with extensive cross-referencing to ensure user-friendly reading. This Encyclopedia presents the work of more than 20 section editors and more than 100 international experts in the fields of mineral and energy policies. It is designed as a essential resource for researchers, students, libraries, industry, governments, and international organizations and presents a wealth of insights and guidance for corporate planning regarding exploration and financial investments, as well as for venture capitalist and international funding bodies. As such, it provides an indispensable point of reference for future research on mineral and energy policy.

For any country’s economy, mineral resources form an important part in generating revenue and increasing its GDP. Therefore, learning the economics behind mines and minerals becomes mandatory and logical. This book investigates and promotes understanding of economic and policy issues, programmes and strategies for exploration, mining, beneficiation and marketing activities. Divided into ten chapters, the book puts emphasis on elaborating the principles of mine and mineral economics. The introductory chapter discusses the scope of the subject and the issues addressed by it. Outline of reserve-resource dynamics and the recent approaches towards estimating ore-reserves are then elaborated, followed by a discussion on mineral availability. Focus is then shifted to more technical and quantitative aspects of mineral sampling. Issues relating to mineral property evaluation and project feasibility assessment are then taken up. Both quantitative and logical aspects of mine finance and accounting have been discussed. Nitty-gritties of mine taxation are further outlined and the reader is introduced to aspects relating to marketing and trading of minerals. Distinctive features of the mineral policies of a few countries are highlighted while discussing the characteristic features of a national mineral policy. The last chapter of this book is on mineral industry and the environment.