Economic Evaluations in Exploration [Paperback]

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.

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.

This textbook, now in its second English edition, is originally a translation of the G- man textbook Rechnen f?r Lagerst?ttenkundler und Rohstoffwirtschaftler, Teil 1, also translated into the Chinese and Russian languages. Compared to the previous English and German editions the chapters have been updated with new examples and in many cases amended. The textbook is intended for the economic geologist who deals with the evaluation of deposits at an early stage of development. Once an exploration project has reached the feasibility stage, the exact calculations that are necessary for a comprehensive te- nical and economic assessment will be performed by a team of geologists, mining engineers, metallurgists, and economists. In the early stages of exploration, however, any evaluator of deposits must be able to cover the whole spectrum himself. Since only order of magnitude parameters are available at this early stage, the c- culations can only yield order of magnitude results. Precise calculations would even be misleading, since the evaluation does not yet aim at accural³.