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Risk Management in Evaluating Mineral Deposits (Hardcover)
Loot Price: R3,252
Discovery Miles 32 520
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Risk Management in Evaluating Mineral Deposits (Hardcover)
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Mining is not for the fainthearted. Yes, the rewards are enormous.
But so are the risks—and consequences—of failure. Risk
Management in Evaluating Mineral Deposits walks you through the
many-faceted risk evaluation you need to conduct before you invest
your hard-earned dollars. Written by a mining professional with a
strong background in technical and financial studies, risk
assessment, and statistics, this book provides a detailed suite of
tools so you can determine whether investing in a mining project
makes sense for you. Looking at a host of issues—the composition
of the ore deposit, the management’s previous record, the quality
of the information at hand, and your own risk-tolerance
comfortlevel, to name a few—author Jean-Michel Rendu provides a
comprehensive guide to determine when to invest with high confi
dence, when to demand a plan that reduces the risks and increases
the chances of a positive outcome, and when to just walk away. This
book will have relevance for many years. Unlike others, Rendu
factors in not just fi nancial but environmental and social aspects
to evaluate the triple bottom line. He shows you why your project
needs a different evaluator for each of these three legs and how to
combine their evaluations to make one decision. As more and more
government agencies and communities insist on these types of
metrics, this focus will help keep you up-to-date in a rapidly
changing world and increase the possibility that your investment
will generate profi ts even in this complex, uncertain, and
timeconstrained industry.
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