Mine Economics
Teacher
Arun Kumar Sahoo
Category
Core Courses
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Course Name : Mine Economics
Code(Credit) :CUTM1113(2-0-0)
Course Objectives
- Exposure to National Mineral policy, pricing Exports and imports.
- Fundamental principles of Mine economics
- Estimation of reserves, classification of reserves, tenor, grade etc..
- Mine Valuation, factors affecting mine evaluation.
Learning Outcomes
- Knowledge on National Mineral Policy and economic modeling..
- Importance and relevance of Sampling in mineral Industry..
- Estimation of mine reserves and mine life cycle.
- Analyse the mine valuation and process.
Course Syllabus
MODULE I
Introduction
Role of mining and mineral industry in national economy, special features of mineral industry, essential and strategic minerals of India and their economic significance.
MODULE II
National Mineral Policy
Appraisal of Mineral Resources, Pricing policy, Exports and Imports, taxation and subsidies, conservation of Minerals.
MODULE III
Time Value of Money
Value at constant point, discontinued cash flow analysis, discount factors (risk and uncertainty), inflation.
MODULE IV
Capital and Operating Cost
Machine Life and Operating Cost first principal cost modelling.
Module V
Cost Effective Mining Scheme
Systematic planning process and economic data at each phase of Mining cycle.
Reference Books
1 - Mine and Mineral Economics -Subash C.Ray, Indra N Sinha.
Session 3
LECTURE:
essential and strategic minerals of India and their economic significance.
Session 10
LECTURE:
discount factors (risk and uncertainty), inflation
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Session 11
LECTURE:
discount factors (risk and uncertainty), inflation
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Session 12
LECTURE:
Machine Life and Operating Cost first principal cost modelling
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Session 13
LECTURE:
Machine Life and Operating Cost first principal cost modelling
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Session 14
LECTURE:
Machine Life and Operating Cost first principal cost modelling
WEB LINKS:
Session 15
LECTURE:
Systematic planning process and economic data at each phase of Mining cycle.
WEB LINKS:
Session 16
LECTURE:
Systematic planning process and economic data at each phase of Mining cycle.
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Session 17
LECTURE:
Systematic planning process and economic data at each phase of Mining cycle.
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Session 18
LECTURE:
Systematic planning process and economic data at each phase of Mining cycle.
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Session 19
LECTURE:
Systematic planning process and economic data at each phase of Mining cycle.
WEB LINKS:
Session 20
LECTURE:
Systematic planning process and economic data at each phase of Mining cycle.
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Session 21
LECTURE:
Systematic planning process and economic data at each phase of Mining cycle.
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