541-0925/01 – Mineral Raw Materials Economics (ENS)
| Gurantor department | Department of Geological Engineering | Credits | 10 |
| Subject guarantor | doc. Ing. Antonín Kunz, Ph.D. | Subject version guarantor | doc. Ing. Antonín Kunz, Ph.D. |
| Study level | postgraduate | Requirement | Choice-compulsory type B |
| Year | | Semester | winter + summer |
| | Study language | Czech |
| Year of introduction | 2020/2021 | Year of cancellation | |
| Intended for the faculties | HGF | Intended for study types | Doctoral |
Subject aims expressed by acquired skills and competences
The objective of the course is to provide students with basic professional economic knowledge in a specific field of mineral economics. The student will get knowledge of the basic principles of both raw materials and energy security policy. After completing the course, the student will be able to understand the general process of acquiring mineral deposits and obtain knowledge of the basic principles of investment analysis in the field of exploration, mining and processing of minerals. They will understand the key principles of economic management of companies carrying out mining activities or activities carried out in a mining manner in the Czech Republic.
Teaching methods
Lectures
Individual consultations
Summary
Economic context of basic mining activities (geological survey, deposit acquisition and processing of exploited raw material) and their impact on the economics of mining. External influences (development of prices on raw material markets, legislative changes and changes in technologies, etc.) and mining. Economic evaluation of extractable reserves of mineral deposits, analysis of investments in exploration and extraction of mineral deposits from the point of view of their economic evaluation.
The subject also explain other issues of mineral economics, such as the position of the state in the field of minerals, issues of the legislative base, but also problems of price developments, the role of organizations involved in exploration and extraction of minerals, raw materials and energy policy, international organizations and raw materials policy.
Compulsory literature:
MAXWELL, P. (2006). Australian Mineral Economics - A Survey of Important Issues: (Monograph 24). The Australasian Institute of Mining and Metallurgy (The AusIMM). Retrieved from
https://app.knovel.com/hotlink/toc/id:kpAMEASII2/australian-mineral-economics/australian-mineral-economics
KESLER, S., SIMON, A.. (2015). Mineral Resources, Economics and the Environment. Cambridge University Press. Retrieved from
https://app.knovel.com/hotlink/toc/id:kpMREE0001/mineral-resources-economics/mineral-resources-economics
SIVEK, M.: Ekonomika nerostných surovin. Ostrava: VŠB – Technická univerzita, 2007. 206 s. + CD-ROM.
THOMAS, L.: Coal Geology. Chichester: John Wiley & Sons, 2002. 385 pp.
Recommended literature:
JOHNSTON, D. (2003). International Exploration Economics, Risk, and Contract Analysis. PennWell. Retrieved from
https://app.knovel.com/hotlink/toc/id:kpIEERCA02/international-exploration/international-exploration
HALDAR, S. K.. (2013). Mineral Exploration - Principles and Applications. Elsevier. Retrieved from
https://app.knovel.com/hotlink/toc/id:kpMEPA000A/mineral-exploration-principles/mineral-exploration-principles
MALEČKOVÁ, V., M. SIVEK a J. JIRÁSEK: Vybrané příklady z ekonomiky nerostných surovin. Ministerstvo školství, mládeže a tělovýchovy ČR & Vysoká škola báňská – Technická univerzita Ostrava, 2012.
VANĚČEK, M.: Úvod do ekonomiky nerostných surovin pro ložiskové geology. ČSALG, 2018, 89 s.
Way of continuous check of knowledge in the course of semester
There is an oral exam with the written preparation.
E-learning
E- learning is an option of the lessons.
Other requirements
In the case of assigning an individual or group semester work, deliver the assigned tasks in writing within the specified deadline.
Prerequisities
Subject has no prerequisities.
Co-requisities
Subject has no co-requisities.
Subject syllabus:
Introduction to mineral economics
Mineral deposits utilization and basic of relevant legislation
Objectives and strategy of mineral deposits utilization, the ways of economic evaluation of mineral deposits
Economic exploitation of mineral deposits
CAPEX analysis
Setting of value of mine enterprise, value of raw material in the mineral deposit
Raw material and mineral markets, description and functions
Basics of raw material and mineral policy
International organizations and mineral policy
Energy policy of the government, Czech Republic and mineral economics
Conditions for subject completion
Occurrence in study plans
Occurrence in special blocks
Assessment of instruction
Předmět neobsahuje žádné hodnocení.