[PDF] Standard Costs In The Mining Industry eBook

Author : Robin G. Adams
Publisher : Emerald Group Publishing
Page : 312 pages
File Size : 35,1 MB
Release : 2019-08-26
Category : Business & Economics
ISBN : 1789737877

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This book brings together perspectives from economics, specifically minerals economics, to the management of global mining companies. It covers volatile price forecasting, cost analysis, investment decisions, and the social, environmental, and developmental impacts of mining.

Author : Thomas Orrin McGrath
Publisher : Forgotten Books
Page : 277 pages
File Size : 17,27 MB
Release : 2015-06-12
Category : Business & Economics
ISBN : 9781330278727

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Excerpt from Mine Accounting and Cost Principles The present tax laws of most of the States and of the Federal Government require that accurate records be kept and that complete reports be made to the Government of the results of each year's business. The employes of large industrial units are demanding that they be informed of the results of their labor, and be given a share either of the profits of the business or in the savings resulting from their increased efficiency or effort. The general public is insisting that, being the consumer of all products, the costs and profits of industry shall be accurately determined and made public. As the result of the gradual depletion of our richest deposits of minerals the mining industry is operating on a narrower margin of profit than at any time in its history, and must know its costs from month to month to protect against loss. Also, it is now recognized that a mining enterprise may be properly equipped with the best of mechanical appliances and have an organization of high ability and employes embued with the spirit of co-operation, nevertheless the business cannot be intelligently managed without a knowledge of the results of operation and the condition of the business for each operating period, which information can be obtained only by proper accounting and costing. Therefore, each unit of the mining industry feels the need not only of accurately determining its costs and profits so as to have an intelligent guide to operations, and to meet the requirements of the Government, the public and of its employes, but to compile the accounting and costing data in as uniform a manner as possible so as to obtain the benefit of the operating data compiled by the other units of the industry. To meet this need there is an urgent demand for a complete presentation of accounting and costing of mining operations compiled on a scientific basis and in a uniform manner. In spite of this demand, however, at the present time the published literature is inadequate and lacking in uniformity and there is practically no agreement nor any great degree of efficiency in the accounting and costing practice of mines. The only explanation of the present status of mine accounting is that the great diversity in methods of mining, treatment and disposal of mine products, as well as in the character of the mines themselves limits the treatment of the subject to a description of individual systems and accounts unless the fundamental principles underlying all mining operations are recognized. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

Author : D. A. Sloan
Publisher : Springer Science & Business Media
Page : 502 pages
File Size : 28,30 MB
Release : 2012-12-06
Category : Science
ISBN : 9400959605

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This book had its start when Douglas A. Sloan and the late Ralph Davies first decided to share our firm's experience in mine manage ment consulting assignments by using this experience as the basis for a mine management and productivity course. Over the years with more and more assignments, the course text notes were continuously updated and improved. However, the notes only reached the relatively few persons in the mining industry who attended each year's courses. The purpose of this book is to make this experience and knowledge available to everyone who has an interest in systematic mine management. The book is based on nearly 500 mine management consulting assignments which over the years were carried out by too many consultants to begin to mention names. However, some of the international experts whose work was used or who directly contrib uted must be mentioned. First would be Col. 1. F. Urwick whose books, articles and personal guidance of the author have had a general influence on the whole book and a specific influence on the Organization chapter. Others are John Humble whose work in developing Management by Objectives (MBO) is reflected in that chapter and Patrick H. Irwin for his work in Corporate Planning, which he has written of in that chapter.

Author : Giulia Valacchi
Publisher : WIPO
Page : 35 pages
File Size : 11,10 MB
Release : 2019-05-09
Category : Law
ISBN :

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This paper analyses the evolution of innovation in the mining sector and how this innovation responds to the economic environment, in particular to changes in commodity prices. For this purpose, we combine commodity price data with innovation data as proxied by patent filings extracted from a novel unit record database containing comprehensive patent and firm level data for the mining sector from 1970 to 2015. We include patents registered both by mining companies and mining equipment, technology and service (METS) firms. With a multi-country panel analysis, we find that innovation in the mining sector is cyclical. Innovation increases in periods of high commodity prices while decreasing during commodity price recessions. Our results suggest that innovation increases mostly with long price cycle variations, while mostly unaffected by medium and short cycles. METS related innovation seem the driving force of this mechanism. In contrast, countries specializing in mining industries are found to be slower in reacting to price changes.

Author : Odwyn Jones
Publisher : CRC Press
Page : 72 pages
File Size : 37,65 MB
Release : 2019-03-04
Category : Technology & Engineering
ISBN : 1351173707

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The Business of Mining complete set of three Focus books will provide readers with a holistic all-embracing appraisal of the analytical tools available for assessing the economic viability of prospective mines. Each volume has a discrete focus. This first volume presents an overview of the mining business, followed by an analysis of project variables and risk, an overall coverage of the royalty agreements, pricing and contract systems followed by a final chapter on accounting standards and practises for the minerals industry. The books were written primarily for undergraduate applied geologists, mining engineers and extractive metallurgists and those pursuing course-based postgraduate programs in mineral economics. However, the complete series will also be an extremely useful reference text for practicing mining professionals as well as for consultant geologists, mining engineers or primary metallurgists.