7 of 7 people found the following review helpful
An Excellent Guide to the Economics of Prospecting and Exploitation of Metals,
This review is from: Economic Evaluations in Exploration (Hardcover)
This book presents much technical information, including sample calculations, that covers many aspects of metallic-ore exploration and exploitation. There are also helpful graphs and tables in the back of the book for such things as the conversion of one unit to another, determination of thickness factor in an ore when a hole is drilled an at angle relative to a dipping surface, gold prices, gold-size classification, etc.
Using this book, one can determine how many tons of ore are necessary to produce one ton of concentrate, the value of an ore consisting of many different metals, the optimal lifetime of an ore deposit, calculation of cutoff grades, and the economics of investment. A great amount of detail is devoted to the latter.
There is no mention of the prospecting and exploitation of the rare earth elements (REEs). Considering their importance in recent years, this is surprising.