Digitalization of Economic Evaluation of Mineral Deposits

Author:

Janocko Juraj,Ryzhkova Marina,Mamzina Tatiana,Bereznev Sergey

Abstract

The issue of mineral deposit evaluation is very topical and the aim of the present article is to fill a gap, which with far has been empty. The presented results of research are aimed to describe these issues in a comprehensive way. After the changes to the economic systems in many European countries the criteria of assessment and evaluation of mineral deposits have changed significantly, and authors of these “recomputations and calculations” use various methods. In these methods the main provisions are built upon geological and industrial values, specifications and indicators, so the economic trends are not completely considered. Therefore, in coming post-industrial era the structure of mineral resources use has been changed, and the leading methods of mineral deposits evaluation must include sufficient economic values, with a new codification.

Publisher

EDP Sciences

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4. Fraser H.A., Richard D.S., Economics of Worldwide Petroleum Production (Oil & Gas Consultants International, Inc., Oklahoma, 1993)

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