Economic Evaluations in Exploration

Economic Evaluations in Exploration
Author: Friedrich-Wilhelm Wellmer
Publisher: Springer Science & Business Media
Total Pages: 253
Release: 2007-10-26
Genre: Science
ISBN: 3540735577

This fully updated textbook is intended for the economic geologist who deals with the evaluation of deposits at an early stage of development. It offers rules for quick and easy calculations based on the application of approximate data. 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 – even if he is left to his own resources. All rules for calculations are illustrated with examples, and mistakes and pitfalls the authors encountered during their careers are pointed out.

Statistical Evaluations in Exploration for Mineral Deposits

Statistical Evaluations in Exploration for Mineral Deposits
Author: Friedrich-Wilhelm Wellmer
Publisher: Springer Science & Business Media
Total Pages: 388
Release: 2012-12-06
Genre: Science
ISBN: 3642602622

Statistical evaluations of exploration data are the basis for decisions to be made at various stages of an exploration project. In contrast to other geostatistical books, Statistical Evaluations in Exploration for Mineral Deposits focuses not only on theory, but examples are also given, frequently originating from experience in mineral exploration by the author who worked worldwide for a mining company. Together with its companion volume, Economic Evaluations in Exploration, the book illustrates methods used in exploration campaigns and mining activities. It is intended as a vademecum for geologists who are forced to make quick decisions regarding an exploration project. It also addresses scientists and students involved in teaching or in mineral economic evaluations, recommendations or decisions.

Mineral Property Evaluation

Mineral Property Evaluation
Author: Richard L. Bullock
Publisher: Society for Mining, Metallurgy & Exploration
Total Pages: 554
Release: 2017-12-01
Genre: Business & Economics
ISBN: 0873354451

“Everything” sums up what must be considered for a properly documented property evaluation. Less than 30% of the projects that are developed in the minerals industry yield the return on investment that was projected from the project feasibility studies. The tools described in this handbook will greatly improve the probability of meeting your projections and minimizing project execution capital cost blowout that has become so prevalent in this industry in recent years. Mineral Property Evaluation provides guidelines to follow in performing mineral property feasibility and evaluation studies and due diligence, and in preparing proper documents for bankable presentations. It highlights the need for a consistent, systematic methodology in performing evaluation and feasibility work. The objective of a feasibility and evaluation study should be to assess the value of the undeveloped or developed mineral property and to convey these findings to the company that is considering applying technical and physical changes to bring the property into production of a mineral product. The analysis needs to determine the net present worth returned to the company for investing in these changes and to reach that decision point as early as possible and with the least amount of money spent on the evaluation study. All resources are not reserves, nor are all minerals an ore. The successful conclusion of any property evaluation depends on the development, work, and conclusions of the project team. The handbook has a diverse audience: • Professionals in the minerals industry that perform mineral property evaluations. • Companies that have mineral properties and perform mineral property feasibility studies and evaluations or are buying properties based on property evaluation. • Financial institutions, both domestic and overseas, that finance or raise capital for the minerals industry. • Consulting firms and architectural and engineering contractors that utilize mineral property feasibility studies and need standards to follow. • And probably the most important, the mining and geological engineering students and geology and economic geology students that need to learn the standards that they should follow throughout their careers.

Evaluating Mineral Projects

Evaluating Mineral Projects
Author: Thomas F. Torries
Publisher: SME
Total Pages: 176
Release: 1998
Genre: Business & Economics
ISBN: 9780873351591

Designed to complement traditional engineering texts, this book emphasizes the concepts of mineral project evaluation rather than computational details. It describes various economic evaluation techniques typically employed (including conventional cost analysis, discounted cash flow, and option analysis), their uses, and their relationships with geological, technological, and financial evaluations.

Reservoir Exploration and Appraisal

Reservoir Exploration and Appraisal
Author: Luiz Amado
Publisher: Gulf Professional Publishing
Total Pages: 174
Release: 2013-04-22
Genre: Technology & Engineering
ISBN: 1856178544

Finding a new oil and gas discovery and evaluating its volume is a difficult and challenging task, and yet there is very little published on the topic. Luiz Amado delivers a one-of-a-kind introductory guide titled Reservoir Exploration and Appraisal. Providing logistical instruction and processes for the entire exploration and appraisal process, Amado furnishes the guidance, workflow, and practical recommendations needed based on real-world scenarios. Written by an engineer with over 15 years of experience in the North Sea, Gulf of Mexico, South America and West Africa, Reservoir Exploration and Appraisal equips engineers and economists with expert advice on critical subjects such as detailed methods of estimating recovery factors, creating production curves using either simple or complex approaches, understanding main fluid and rock properties that govern volume and productivity, and communicating examples of field case evaluations, including deepwater projects. Details methods of estimating recovery factors and rules of thumb that can be used if there is an absence of data How to create production curves using either simple or complex approaches Understanding main fluid and rock properties that govern volume and productivity, saving time from analyzing countless fluid samples or rock data from cores Describes the process of lease sales, bid rounds and farm-in opportunities Communicates examples of field case evaluations, including deepwater projects, to illustrate the steps covered in the book, showing the reader the full project cycle

Mining Economics and Strategy

Mining Economics and Strategy
Author: Ian C. Runge
Publisher: SME
Total Pages: 320
Release: 1998
Genre: Business & Economics
ISBN: 9780873351652

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.