International Mineral Economics


Book Description

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.




Mineral Economics and Policy


Book Description

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, Critical Minerals, and the U.S. Economy


Book Description

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.




Mine and Mineral Economics


Book Description

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.




Mineral Resources, Economics and the Environment


Book Description

Written for students and professionals, this revised textbook surveys the mineral industry from geological, environmental and economic perspectives. Thoroughly updated, the text includes a new chapter on technology industry metals as well as separate chapters on mineral economics and environmental geochemistry. Carefully designed figures simplify difficult concepts and show the location of important deposits and trade patterns, emphasising the true global nature of mineral resources. Featuring boxes highlighting special interest topics, the text equips students with the skills they need to contribute to the energy and mineral questions currently facing society, including issues regarding oil pipelines, nuclear power plants, water availability and new mining locations. Technical terms are highlighted when first used, and references are included to allow students to delve more deeply into areas of interest. Multiple choice and short answer questions are provided for instructors online at www.cambridge.org/kesler to complete the teaching package.




Mineral Economics


Book Description

"The book provides an overview of the mineral industry, policy issues, related acts and legislation and the socio-economic scenario of the mining sector. It gives an understanding of historical development of policies and the position of Indian mineral sector with respect to other industrialized nations that can help the mineral industry to become globally competitive. It also evaluates the contribution of the mining sector to sustainability and development of both. This book provides a comprehensive picture of the mineral sector, challenges faced by the industry and sustainable development of mineral resources. It is primarily based on the information made available by the government agencies in the public domain. However, such information is sporadic, inconsistent, and difficult to interpret. Continuous mining of minerals, the discovery of new mineral deposits, and import-export-stockpiling of minerals greatly influences the economics of mineral commodities. These data must be perpetually updated in order to provide future perspective and frame the policies at the government level. Therefore there is always a need for an updated, compiled and properly interpreted database in respect to the contemporary world scenario. It is in this perspective that the proposed book has been designed"--




Evolutionary and Revolutionary Technologies for Mining


Book Description

The Office of Industrial Technologies (OIT) of the U. S. Department of Energy commissioned the National Research Council (NRC) to undertake a study on required technologies for the Mining Industries of the Future Program to complement information provided to the program by the National Mining Association. Subsequently, the National Institute for Occupational Safety and Health also became a sponsor of this study, and the Statement of Task was expanded to include health and safety. The overall objectives of this study are: (a) to review available information on the U.S. mining industry; (b) to identify critical research and development needs related to the exploration, mining, and processing of coal, minerals, and metals; and (c) to examine the federal contribution to research and development in mining processes.




An Introduction to Mineral Economics


Book Description

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.




Economic Geology


Book Description

Humanity’s ever-increasing hunger for mineral raw materials, caused by a growing global population and ever increasing standards of living, has resulted in economic geology becoming a subject of urgent importance. This book provides a broad panorama of mineral deposits, covering their origin and geological characteristics, the principles of the search for ores and minerals, and the investigation of newly found deposits. Practical and environmental issues that arise during the life cycle of a mine and after its closure are addressed, with an emphasis on sustainable and "green" mining. The central scientific theme of the book is to place the extraordinary variability of mineral deposits in the frame of fundamental geological processes. The book is written for earth science students and practicing geologists worldwide. Professionals in administration, resource development, mining, mine reclamation, metallurgy, and mineral economics will also find the text valuable. Economic Geology is a fully revised translation of the the fifth edition of the German language text Mineralische und Energie-Rohstoffe. Additional resources for this book can be found at: www.wiley.com/go/pohl/geology. The author's website can be found at: http://www.walter-pohl.com.




SME Mining Engineering Handbook, Third Edition


Book Description

This third edition of the SME Mining Engineering Handbook reaffirms its international reputation as "the handbook of choice" for today's practicing mining engineer. It distills the body of knowledge that characterizes mining engineering as a disciplinary field and has subsequently helped to inspire and inform generations of mining professionals.Virtually all of the information is original content, representing the latest information from more than 250 internationally recognized mining industry experts. Within the handbook's 115 thought-provoking chapters are current topics relevant to today's mining professional: Analyzing how the mining and minerals industry will develop over the medium and long term--why such changes are inevitable, what this will mean in terms of challenges, and how they could be managed Explaining the mechanics associated with the multifaceted world of mine and mineral economics, from the decisions associated with how best to finance a single piece of high-value equipment to the long-term cash-flow issues associated with mine planning at a mature operation Describing the recent and ongoing technical initiatives and engineering developments in relation to robotics, automation, acid rock drainage, block caving optimization, or process dewatering methods Examining in detail the methods and equipment available to achieve efficient, predictable, and safe rock breaking, whether employing a tunnel boring machine for development work, mineral extraction using a mobile miner, or cast blasting at a surface coal operation Identifying the salient points that dictate which is the safest, most efficient, and most versatile extraction method to employ, as well as describing in detail how each alternative is engineered Discussing the impacts that social and environmental issues have on mining from the pre-exploration phase to end-of-mine issues and beyond, and how to manage these two increasingly important factors to the benefit of both the mining companies and other stakeholders