545-0183/01 – Essential of Minerals Economics (ZSP)

Gurantor departmentDepartment of Economics and Control SystemsCredits5
Subject guarantordoc. Ing. Michal Vaněk, Ph.D.Subject version guarantordoc. Ing. Michal Vaněk, Ph.D.
Study levelundergraduate or graduateRequirementCompulsory
Year3Semesterwinter
Study languageCzech
Year of introduction2020/2021Year of cancellation
Intended for the facultiesHGFIntended for study typesBachelor
Instruction secured by
LoginNameTuitorTeacher giving lectures
VAN74 doc. Ing. Michal Vaněk, Ph.D.
Extent of instruction for forms of study
Form of studyWay of compl.Extent
Full-time Credit and Examination 2+2
Part-time Credit and Examination 8+8

Subject aims expressed by acquired skills and competences

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Teaching methods

Lectures
Tutorials
Project work

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:

RUNGE, Ian Charles. Mining economics and strategy. Littleton: Society for Mining, Metallurgy, and Exploration, c1998. ISBN 0-87335-165-7. BULLOCK, Richard L. a Scott MERNITZ, ed. Mineral property evaluation: handbook for feasibility studies and due diligence. Englewood, Colorado: Society for Mining, Metallurgy & Exploration, [2018]. ISBN 978-0-87335-445-5.

Recommended literature:

TILTON, John E. a Juan Ignacio GUZMÁN. Mineral economics and policy. New York: RFF Press Routledge, 2016. ISBN 978-1-317-55877-4. FEČKO, Peter, ed. Mineral raw materials and mining activity of the 21st century:

Way of continuous check of knowledge in the course of semester

Continuous review of tasks in the exercises. The course will be terminated with a written/oral exam.he study of recommended literature.

E-learning

Další požadavky na studenta

Continuous review of tasks in the exercises. The course will be terminated with a written/oral exam.he 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 Raw material base of the state as a starting point determining its mineral policy. 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

Full-time form (validity from: 2020/2021 Winter semester)
Task nameType of taskMax. number of points
(act. for subtasks)
Min. number of points
Credit and Examination Credit and Examination 100 (100) 51
        Credit Credit 30  17
        Examination Examination 70  34
Mandatory attendence parzicipation: 80% attendance

Show history

Occurrence in study plans

Academic yearProgrammeField of studySpec.ZaměřeníFormStudy language Tut. centreYearWSType of duty
2020/2021 (B2735XXX0001) Mineral Economics SZ K Czech Most 3 Compulsory study plan
2020/2021 (B2735XXX0001) Mineral Economics SZ K Czech Ostrava 3 Compulsory study plan
2020/2021 (B2735XXX0001) Mineral Economics SZ P Czech Ostrava 3 Compulsory study plan

Occurrence in special blocks

Block nameAcademic yearForm of studyStudy language YearWSType of blockBlock owner