Economic Evaluations in Exploration
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Beschreibung
This fully updated textbook offers rules for quick and easy calculations based on the application of approximate data. It is intended for the economic geologist who deals with the evaluation of deposits at an early stage of development. The book provides both the student and the geologist in the field with a complete set of rules and methods enabling them to perform a quick initial evaluation of the deposit without the support of specialists or computers. All rules for calculations are illustrated with examples and the authors points out mistakes and pitfalls they have encountered during their careers. The case histories, exercises, metal prices and terminology, especially concerning "reserves and resources", have been fully updated in this second edition. New chapters discuss topics including the life time of deposits, derivation of interest rates for the net present value (NPV) calculations, the influence of political risk and the evaluation of mineral prospects without known mineralization.
Fully updated second edition Contains exercises explaining all stages of the calculations necessary for an early economic evaluation of a mineral deposit in the exploration stage New chapters discuss the life time of deposits, derivation of interest rates for net present value (NPV) calculations, the influence of political risk and the evaluation of mineral prospects without known mineralization Includes supplementary material: sn.pub/extras
Autor*in
Friedrich-Wilhelm Wellmer
Themen in »Economic Evaluations in Exploration«
Economic Geology Exploration Geology Mineral Deposits Resource Estimation Statistics mining mineral resources
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From the reviews of the second edition:
"This textbook is designed for economic geologists who deal with the evaluation of deposits at an early stage of development. … the book contains a useful list of references and a number of appendices, including tables, graphs, mathematical formulae, and internet addresses. … is a handy reference for practitioners and a useful textbook for students." (Jean-Michel Rendu, Economic Geology, Vol. 103, 2008)
"The textbook is intended for the economic geologist who deals with the evaluation of deposits at an early stage of development. … It provides both the student and the geologist in the field with a complete set of rules and methods enabling them to perform a quick initial evaluation of the deposit without the support of specialists or computers … . The case histories, exercises, metal prices and terminology, especially concerning ‘reserves and resources’, have been fully updated in this second edition." (Glückauf, Vol. 145 (6), July, 2009)
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