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Mineral Economics

Type of study Follow-up Master
Language of instruction Czech
Code 541-0111/03
Abbreviation ENS
Course title Mineral Economics
Credits 4
Coordinating department Department of Geological Engineering
Course coordinator doc. Ing. Antonín Kunz, Ph.D.

Subject syllabus

1. Introduction to mineral economics and the structure of the mineral economics.
2. Exploitation of the mineral deposits and mineral economics, fundamentals legislation of the exploitation of the minetral deposits.
3. Goals and strategy of the exploitation of the mineral deposits, forms of the economic assessment mineral deposits.
4. Derivation of a economicallly mineable reserves of the mineral deposits.
5. Analysis and investment assessment.
6. Investment analysis and exploitation of the minerál deposits.
7. Basic characteristic and goals of the pricing mining company property.
8. Estimation of the mining company yield value, value of the reserves in the mineral deposit, results of the pricing mining company yield value and their interpretation.
9. Mineral markets and their participants and organization
10. Mineral pricing and influences on supply of the raw materials.
11. Fundamental principles of the mineral policy.
12. International organizations and the mineral policy.
13. Energy policy and energy security of the state.
14. Czech Republic and mineral economics

Literature

GOCHT, Werner, H. ZANTOP a Roderick G. EGGERT. International mineral economics: mineral exploration, mine valuation, mineral markets, international mineral policies. London: Springer-Verlag, 1988. 271 p. ISBN 0-387-18749-9.
MacDonell, L.J., Bates S.F. (eds.) : Natural resources policy and law. Washington, Island Press, 1993.
Evans A. M.: Ore Geology and Industrial Minerals. Blackwell Science Ltd., Malden /Oxford/Carlton, 1993, 389 pp.
Thomas, L.: Coal Geology. Chichester: John Wiley & Sons, 2002. 385 pp.

Advised literature

RUNGE I.C.: Mining Economics and Strategy. Society for Mining, Metallurgy, and Exploration Inc., 1998.
Kesler S. E.: Mineral Resources, Economics and the Environment. Prentice Hall, 1994, 391 pp.
United States Geological Survey (USGS) : International Mineral Statistics – States : http://minerals.usgs.gov/minerals/pubs/country/
Mineral Commodity Summaries : http://minerals.usgs.gov/minerals/pubs/mcs/