Geol.830 ECONOMIC EVALUATION IN EXPLORATION (3 C.H)
Ore, mineral economics and mineral exploration, conversions, metal prices, calculation of volume and tonage of ore deposits, weighting and grade determination, dealing with data for multi-element deposits, conversion of geological data into mining data for ore deposits, calculation of net smelter return of a mine, production life time, calculation of cost data, economic evaluations, and equity calculations, specific application methods for forecasting price and volumes, the study of project profitability, operating cost and cost of price.
Books Recommended:- Economic evaluation in exploration by Willhelm, F.W., 1986. Springer-Verlag, Berlin, Heidelberg.
- Manual of process economic evaluation by Chauvel, A., Fournier, G. and Raimbault, C., 2003. Editions Technip, Paris.
- Economic evaluation in chemical process industry by Axell, O. and Robertson, J.M., 1986. John Willey and Sons, New York.
- Conceptual cost estimating manual by Page, J.S., 1984. Gulf Publishing Co. Houston.
- Computer-assisted mineral exploration and feasibility by Barnes, M.P., 1980. Society of Mining engineers of the American Institute of Mining, Metallurgy and Petroleum Engineers Inc. New York.