Mine Economics

Course Name: 

Mine Economics (MN421)


B.Tech (Mining Engg)




Programme Core (PC)

Credits (L-T-P): 

03 (3-0-0)


National mineral resources. National mineral policy and strategies for development of mining industry.
Resource conservation. Technology import, taxation, royalty and subsidies. Mineral trade. Concept of
derivatives in mineral trade. Pricing mechanism of minerals. Sampling. Estimation of reserves.
Valuation of mines and mineral properties, Life of a mining project. Project evaluation. Determination of
optimum size of mine. Risk analysis in mineral investment decisions.


Alwyn E. Annels, Mineral Deposit Evaluation: A Practical Approach, Chapman Hall, 1991. Deshmukh R.T. Mine and Mineral Economics, Emdee Publishers, 1986.


Mining Engineering

Contact us

Prof. V. R. Sastry, Head of the Department
Department of Mining Engineering, NITK, Surathkal
P. O. Srinivasnagar, Mangalore - 575 025
Karnataka, India.

  • Hot line: +91-0824-2473051
  • Email: mininghod[AT]nitk[DOT]ac[DOT]in

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