Mineral valuation, solid minerals, [January 1972]

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TECHNICAL NOTE

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Mailing List 1 .

Filing Code 3500

Date Issued January 28, 1972

Bureau of Land Management U.S. DEPARTMENT OF THE INTERIOR

Subject: Mineral Valuation, Solid Minerals j _ ^ ^ ' J i * *

(Supplement Number 2 to May 25, 1970 Technical Note,
same subject)

Selected References:

32. Capen, Clapp and Campbell, "Compe titive Bidding in High-Risk
Situations," Journal of Petroleum Technology, June 1971. While
this is oriented to oil and gas lease bidding, the conclusions
also apply to other mineral lease bidding.

33. Dunn, Wallace and Brooks, "Mineral Resource Valuation in the
Public Interest," Preprint . 71-H-87, Society of Mining Engineers,
AIME, 1971. Similar to Item 12.

34. Pommier, Carranza and Medina, "The Relationship Between Produc¬
tion and Commercialization of Mineral Products - An Optimized
Computer Programme," Preprint 71-K-45, Society of Mining
Engineers, AIME, 1971.

35. Smith, L. A. and Fishburn, D. H«, "The Cement Industry Dilemma:
Abandon, Expand or Rebuild," Rock Products, May 1971. Uses
economic analysis techniques to answer the questions asked in
the title.

36. Barbur, J. V., "How to Expand Your Cement Plant - and Your
Profits," Rock Products, July 1971. Uses the net cash flow to
evaluate . alternate plans for expansion.

37. Miller, Robert A., "Computer Program for Economic Evaluation of
Underground Bituminous Coal Mines," U. S. Bureau of Mines In¬
formation Circular 8513, Government Printing Office ($0.50).
Provides the complete program for this ADP model.

38. Gentry, Donald W. , "Two Decision Tools for Mining Investment -
And How to Make the Most of Them," Mining Engineering, November
1971. Discusses payback and DCF methods.

39. Douglass, Emory J., "How to Make the Most of a Mining Invest¬
ment," Mining Engineering, October 1971. Using the DCF method
to determine investment aiid cut-off grade.

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