Overview of the Practical and Theoretical Approaches to the Estimation of
Mineral Resources. A Financial Perspective Cover Image

Overview of the Practical and Theoretical Approaches to the Estimation of Mineral Resources. A Financial Perspective
Overview of the Practical and Theoretical Approaches to the Estimation of Mineral Resources. A Financial Perspective

Author(s): Leontina Păvăloaia
Subject(s): Economy
Published by: Editura Universitară Danubius
Keywords: mineral resources; proven reserves; probable reserves; possible reserves

Summary/Abstract: Mineral resources represent an important natural resource whose exploitation, unless it is rational, can lead to their exhaustion and the collapse of sustainable development. Given the importance of mineral resources and the uncertainty concerning the estimation of extant reserves,they have been analyzed by several national and international institutions. In this article we shall present a few aspects concerning the ways to approach the reserves of mineral resources at national and international level, by considering both economic aspects and those aspects concerned with the definition, classification and aggregation of the reserves of mineral resources by various specialized institutions. At present there are attempts to homogenize practices concerning these aspects for the purpose of presenting correct and comparable information.

  • Issue Year: 8/2012
  • Issue No: 5
  • Page Range: 104-117
  • Page Count: 14
  • Language: English