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Valuation of mineral deposits

Type of study Follow-up Master
Language of instruction Czech
Code 545-0188/01
Abbreviation OLNS
Course title Valuation of mineral deposits
Credits 5
Coordinating department Department of Economics and Control Systems
Course coordinator Ing. Markéta Laštůvková, Ph.D.

Osnova předmětu

1. Fundamentals of mining and geological legislation
2. The complete production cycle in mining and its operational and investment financing
3. Legislative framework of property valuation in the Czech Republic
4. Valuation of property in the mining industry, valuation principles
5. Basic terminology in the valuation of deposits and mining companies
6. System concept of valued deposit and mining company
7. International Valuation Standards IVSC 2000
8. Methodology of valuation of deposit and property of mining company
9. Principles of determining the value of a mining company
10. Yield methods, calculation of free cash flow - FCFE method
11. Approaches to determining the discount rate and capitalization rate for real estate
12. Analytical relations for determining the value of deposit reserves
13. Syllabus of expert opinion on the valuation of the deposit and the value of the mining company's property, case study of mining company valuation - list of initial documents

E-learning

For communication beyond in-person lectures and exercises, the Moodle learning management system (lms.vsb.cz) is used. This platform facilitates communication not only between the instructor and students but also among students themselves.

Povinná literatura

Act No. 151/1997 Coll., Act on Property Valuation and on Amendments to Certain Acts (Property Valuation Act).
Decree No. 441/2013 Coll., Decree implementing the Act on Property Valuation (Valuation Decree).
MAŘÍK, Miloš et al. Methods of Business Valuation - Valuation Process, Basic Methods and Procedures. 5th updated ed. Ekopress: Prague, 2024. ISBN 978-80-87865-94-1.
IVS: International Valuation Standards 2025.

Doporučená literatura

DUFEK, Zdeněk et al. Expert's Handbook in the Field of Property Valuation. Pilsen: Publishing House and Publishing House Aleš Čeněk, s.r.o., 2023. 318. p. ISBN 978-80-7380-920-1.
VENTOLO, W. L., WILLIAMS, R. M. Fundamentals of Real Estate. Appraisal 14th Edition. Dearborn Financial Publishing, 2021. ISBN 978-1-0788-1766-0 .