Mining Economics and Strategy

Mining Economics and Strategy

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This book will help direct mining operations through the use of innovative economic strategies. The text covers what is meant by a cost-effective mining scheme, the economics of information, and the procedures for rational evaluation of uncertain projects.Example 7.1 tabulates how this calculation is undertaken. Example 7.1: A dozer that operates for 4, 000 hours per year and has an expected life of 20, 000 hours has an initial capital cost of $1 million. What is the hourly ownership cost, anbsp;...

Title:Mining Economics and Strategy
Author:Ian Charles Runge
Publisher:SME - 1998-01


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