541-0111/08 – Mineral Economics (ENS)
| Gurantor department | Department of Geological Engineering | Credits | 4 |
| Subject guarantor | doc. Ing. Antonín Kunz, Ph.D. | Subject version guarantor | doc. Ing. Antonín Kunz, Ph.D. |
| Study level | undergraduate or graduate | Requirement | Compulsory |
| Year | 1 | Semester | summer |
| | Study language | English |
| Year of introduction | 2021/2022 | Year of cancellation | |
| Intended for the faculties | HGF | Intended for study types | Follow-up Master |
Subject aims expressed by acquired skills and competences
Goal of the subject is to provide knowledge to the university student, so he/she will
be able to understand given points at issue good enough to analyse its content, to
realise synthesis of the acquired information and its evaluation. This sciential base
allow student to compare results of the synthesis, propose modifications and
solve the problems of the Mineral Economics.
Teaching methods
Lectures
Tutorials
Summary
Mineral economics and geological exploration, development and mining of the
mineral deposits and mineral processing of the raw materials. Extraneous
influences functioning on the mineral industry (mineral pricing and mineral
markets, legislative changes, technological changes). Estimation of the
recoverable reserves and their assessment, investment analysis of the geological ¨
exploration and development of the mineral deposits. Assessment of the mining
companies and the mineral deposits. Government and mineral policy,
exploration and mining companies and mineral economics, mineral markets and
mineral pricing. Mineral and energy policy, international organizations and the
mineral policy.
Compulsory literature:
Recommended literature:
RUNGE I.C.: Mining Economics and Strategy. Society for Mining, Metallurgy, and Exploration Inc., 1998.
Kesler S. E.: Mineral Resources, Economics and the Environment. Prentice Hall, 1994, 391 pp.
United States Geological Survey (USGS) : International Mineral Statistics – States : http://minerals.usgs.gov/minerals/pubs/country/
Mineral Commodity Summaries : http://minerals.usgs.gov/minerals/pubs/mcs/
Additional study materials
Way of continuous check of knowledge in the course of semester
Processing of semester programs. Credit is awarded on submission of all properly developed award exercises with active participation. The condition for the examination is fulfilled credit. The exam is oral with written preparation.
E-learning
E-learning is possible with the use of electronic teaching material.
Other requirements
The study of recommended literature.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
1. Introduction to mineral economics and the structure of the mineral economics.
2. Exploitation of the mineral deposits and mineral economics, fundamentals legislation of the exploitation of the minetral deposits.
3. Goals and strategy of the exploitation of the mineral deposits, forms of the economic assessment mineral deposits.
4. Derivation of a economicallly mineable reserves of the mineral deposits.
5. Analysis and investment assessment.
6. Investment analysis and exploitation of the minerál deposits.
7. Basic characteristic and goals of the pricing mining company property.
8. Estimation of the mining company yield value, value of the reserves in the mineral deposit, results of the pricing mining company yield value and their interpretation.
9. Mineral markets and their participants and organization
10. Mineral pricing and influences on supply of the raw materials.
11. Fundamental principles of the mineral policy.
12. International organizations and the mineral policy.
13. Energy policy and energy security of the state.
14. Czech Republic and mineral economics
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.