“For its breadth and depth of comment, in mining valuation terms Victor Rudenno’s volume is assessed as undervalued and as a strong buy. ”
“Useful to a wide range of readers as an introduction to the subject for undergraduates through to a useful reference for mining analysts and executives.”
“This excellent book crammed with useful and thought-provoking insights, deserves to become part of the library of any serious long-term investor.”
“This well-written book reflects valuable experience and insight into the technical, financial, economic and investment aspects of the mining and petroleum sectors.”
The Mining Valuation Handbook
MINING AND ENERGY VALUATION FOR INVESTORS AND MANAGEMENT
Contents
- The resources industry
- A quick guide to financials
- Feasibility studies
- Commodity values and forecasting
- Resource project considerations
- Classification of resources and reserves
- Mining and hydrocarbon recovery
- Indicative capital and operating costs
- Hedging commodities and exchange rates
- Taxation, depreciation, royalties and exploration standards
- Valuation methodologies
- Takeovers and fair value allocation
- Quantifying the risk
- Cut-off grade theory
- Share price performance and real options
- Impact of exploration, development and expansion
- Determining the appropriate discount rate
- Dealing with inflation
- Agricola Mining — a hypothetical example
- Commodity profiles
Appendix A: Sources of information
Appendix B: Australian Native Title
Appendix C: Royalty rates
Appendix D: Economic geology primer
Appendix E: Project details
Appendix F: Exchange rates and CPI
Appendix G: Continuous discounting and annuities
Appendix H: Abbreviations, conversions and energy factors
Glossary
Bibliography and references
Index
Published by John Wiley & Sons,
4th edition 2012, ISBN 9780730377078, 609 pages.