2018 SME FINANCE & ECONOMICS TITLES

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Mineral Property Evaluation: Handbook for
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Project Management for Mining:
Handbook for Delivering Project Success
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Evaluating Mineral Deposits

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2018 SME FINANCE AND ECONOMICS TITLES

Finance and Economics Titles

Deepen your perspective of the mining and minerals industry as they relate to finance, economics and investing. Written specifically
for financial and mining professionals alike, these books provide subject matter expertise spanning a variety of subjects.

Economic Evaluations in Exploration, 2nd edition An Introduction to Cut-off Grade Estimation,

By F.-W. Wellmer, M. Dalheimer, and M. Wagner 2nd edition
Economic Evaluations in Exploration is ideal for the economic By Jean-Michel (JM) Rendu
geologist who deals with the evaluation of deposits at an early An Introduction to Cut-off Grade Estimation examines one of
stage of development. It offers rules for quick-and-easy calculations the most important calculations in the mining industry. Cut-off
based on the application of approximate data. It provides grades are essential to determining the economic feasibility
a complete set of rules and methods to enable performance and mine life of a project. Profitability and socio-economic
of a quick initial evaluation of the deposit without the support of specialists or impact of mining operations are influenced by the choice of cut-off grades. Cut-off
computers. All rules for calculations are illustrated with examples, mistakes, and grades play a key role in estimating mineral reserves that can be publicly reported.
pitfalls the authors encountered during their careers. The case histories, exercises,
metal prices and terminology, especially concerning reserves and resources, have This second edition is easier to read and of greater practical interest to practitioners.
been fully updated in this second edition. The relationship between optimization of net present value, capacity constraints, and
opportunity cost is explained in greater detail. A new section discusses blending
Members Save $10 strategies, which play a critical role in an increasing number of mining operations.
Published by Springer
2008 / Hardbound / 266 pages / 2 lbs Members Save $30
$99 Member / $89 Student Member / $109 Nonmember/List / ORDER NO. 9117 2014 / 168 pages / 2 lbs / ISBN: 978-0-87335-393-9
$69 Member / $49 Student Member / $99 Nonmember/List / ORDER NO. 393-9
Also available as an eBook
Evaluating Mineral Projects:
Applications and Misconceptions
By Thomas F. Torries
Management of Mineral Resources:
Designed to complement traditional engineering texts, this
Creating Value in the Mining Business
book emphasizes mineral project evaluation concepts rather By Juan P. Camus
than computational details. Evaluating Mineral Projects
describes the various economic evaluation techniques employed (including The mining industry’s strategy for coping with low profitability
conventional cost analysis, discounted cash flow, and option analysis), their uses, has primarily focused on controlling production costs. Despite
and their relationships with geological, technological, and financial assessments. mechanization, automation, and other technical improvements,
Torries also discusses the strengths and weaknesses of commonly practiced eval- mining’s aggregate profitability still falls far short of that
uation methods. This book explains the practical difficulties with conducting an realized by most industries. Author Juan Camus contends that additional technical
analysis and correctly interpreting the results, as well as alternative techniques. knowledge is not required, but rather, the implementation of sound management
practices that utilize the existing knowledge base more productively.
Members Save $20
Management of Mineral Resources explores mining management—the process
1998 / 172 pages / 2 lbs / ISBN: 978-0-87335-159-1
of generating plans and supervising their implementation. This book is concerned
$59 Member / $49 Student Member / $79 Nonmember/List / ORDER NO. 159-2
with the analysis of some of the internal, controllable factors that influence mining
Also available as an eBook production effectiveness. It combines the best thinking in mining and management,
allowing practitioners to devise concrete strategies for generating maximum
shareholder value.

How Mining Works Members Save $20

2002 / 120 pages / 2 lbs / ISBN: 978-0-87335-216-1
By W. Scott Dunbar $69 Member / $49 Student Member / $89 Nonmember/List / ORDER NO. 216-5
How Mining Works explains complex mining concepts in a
Also available as an eBook
way simple enough for those who are not familiar with the
industry, yet thorough enough to be useful to long-time
professionals.
This colorful book begins with a quick geology review and Mineral Economics and Policy
explains how technological advances help us make educated guesses about where
to locate new mines. It then presents mining and refining operations including in- By John E. Tilton and Juan Ignacio Guzmán
depth explanations about the types of mining and the equipment and procedures This book provides an introduction to the field of mineral economics
for both surface and deep mining. Six mining methods are presented for processing and its use in understanding the behavior of mineral commodity
the ore into usable refined metal. Also, a chapter covers nonmetallic operations markets and in assessing both public and corporate policies in this
that produce coal, diamond, and aggregates. important economic sector. The focus is on metal and non-metallic
Mining waste, labor practices, environmental sustainability, and worker and commodities rather than oil, coal, and other energy commodities.
community health and safety are covered. A discussion follows on mineral eco- The work draws on John Tilton’s teaching experience over the last 30 years at the
nomics, with detailed information on how mine products are priced, monetary Colorado School of Mines and the Catholic University of Chile, as well as short courses
arrangements between mines and smelters and even the impact of reserves on for Rio Tinto and other mining companies. This is combined with the professional
mining’s future. The book ends with a visionary yet practical look at the future consulting and academic research of Juan Ignacio Guzmán over the past decade, in
of mining. order to demonstrate the industry application of the economic principles described
Members Save $40 in the earlier chapters.
2015 / 224 pages / 3 lbs / ISBN: 978-0-87335-399-1 Members Save $20
$89 Member / $69 Student Member / $129 Nonmember/List / ORDER NO. 399-1 Published by RFF Press, an imprint of Taylor & Francis
2016 / 270 pages / 2 lbs
Also available as an eBook
$59 Member / $49 Student Member / $79 Nonmember/List / ORDER NO. 9159

2 Order direct at 303-948-4237 or toll-free at 1-800-763-3132

 2018 SME FINANCE AND ECONOMICS TITLES

Mineral Property Evaluation: Handbook Project Management for Mining:

for Studies and Due Diligence Handbook for Delivering Project Success
Edited by Richard L. Bullock and Scott Mernitz By Robin J. Hickson and Terry L. Owen
Less than 30% of the projects that are developed in the minerals Opening a successful new mine is a vastly complex undertaking
NEW! industry yield the return on investment that was projected from entailing several years and millions to billions of dollars. In today’s
the project feasibility studies. The tools described in this handbook world, when environmental and labor policies, regulatory
will greatly improve the probability of meeting your projections compliance, and impact on the community must be factored
and minimizing project execution capital cost blowout that has become so preva- in, you cannot afford to make a mistake. Written by two hands-on, in-the-trenches
lent in this industry in recent years. mining project managers with decades of experience who bring some of the world’s
most successful, profitable mines into operation on time, within budget, and ethically,
Mineral Property Evaluation provides guidelines to follow in performing mineral Project Management for Mining gives you step-by-step instructions in every process
property feasibility and evaluation studies and due diligence, and in preparing you are likely to encounter.
proper documents for bankable presentations. It highlights the need for a consistent,
systematic methodology in performing evaluation and feasibility work. Beginning with a discussion of mining ethics and governance, this clearly written
handbook walks you through all the project management steps—defining the scope,
The objective of a feasibility and evaluation study should be to assess the value performing prefeasibility and feasibility studies, gaining societal acceptance,
of the undeveloped or developed mineral property and to convey these findings minimizing the impact and risks, creating workable schedules and budgets, setting
to the company that is considering applying technical and physical changes to in place the project execution plan, assembling the human resources, hiring the
bring the property into production of a mineral product. The analysis needs to contractors, and establishing project controls—and then on into the delivery of
determine the net present worth returned to the company for investing in these the engineering and design, construction, progress reviews, pre-launch commis-
changes and to reach that decision point as early as possible and with the least sioning, and ramping up for operation.
amount of money spent on the evaluation study.
Members Save $70
All resources are not reserves, nor are all minerals an ore. The successful 2015 / Hardbound / 664 pages / 4 lbs / ISBN: 978-0-87335-403-5
conclusion of any property evaluation depends on the development, work, $159 Member / $129 Student Member / $229 Nonmember/List
and conclusions of the project team.
ORDER NO. 403-5
Members Save $80
2018 / Hardbound / 552 pages / 4 lbs / ISBN: 978-0-87335-445-5 Also available as an eBook
$159 Member / $129 Student Member / $239 Nonmember/List
ORDER NO. 445-5
Also available as an eBook Risk Management in Evaluating Mineral Deposits
By Jean-Michel Rendu
Mining is not for the fainthearted. Yes, the rewards are enormous.
Mining Economics and Strategy But so are the risks—and consequences—of failure. Risk
Management in Evaluating Mineral Deposits walks you through
By Ian C. Runge NEW! the many-faceted risk evaluation you need to conduct before
Economic skill is just as important as technical skill in every you invest your hard-earned dollars.
step of the mining process. Mining Economics and Strategy Written by a mining professional with a strong background in technical and
will help you effectively direct mining operations through the financial studies, risk assessment, and statistics, this book provides a detailed
use of innovative economic tactics. suite of tools so you can determine whether investing in a mining project makes
The text covers what a cost-effective mining scheme means, sense for you. Looking at a host of issues—the composition of the ore deposit,
the economics of information, and the procedures for rational evaluation of the management’s previous record, the quality of the information at hand, and
uncertain projects. It defines “ore” from an economic perspective and covers the your own risk-tolerance comfort level, to name a few—author Jean-Michel
influence of scheduling on ore reserves. Rendu provides a comprehensive guide to determine when to invest with high
confidence, when to demand a plan that reduces the risks and increases the
Members Save $20 chances of a positive outcome, and when to just walk away.
1998 (updated in 2003) / 316 pages / 3 lbs / ISBN: 978-0-87335-165-2
This book will have relevance for many years. Unlike others, Rendu factors in not
$79 Member / $69 Student Member / $99 Nonmember/List / ORDER NO. 165-7
just financial but environmental and social factors to evaluate the triple bottom
Also available as an eBook 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 pos-
The Mining Valuation Handbook: sibility that your investment will generate profits even in this complex, uncertain,
Mining and Energy Valuation for and time-constrained industry.
Investors and Management, 4th edition Members Save $40
2017 / 320 pages / 2 lbs / ISBN: 978-0-87335-448-6
By Victor Rudenno $79 Member / $59 Student Member / $119 Nonmember/List
Now in its fourth edition, The Mining Valuation Handbook will ORDER NO. 448-6
assist those in the mining industry seeking financial information,
as well as people in finance looking for characteristics of the resources industry Also available as an eBook

?
in an economic light. For the non-professional who is keen to invest in resource

NEED
companies, this book will also help remove some of the mystique that often surrounds
technical disciplines.Inside you will find extensive commentary relevant to the
mining industry; valuation concepts; worked examples and feasibility studies; the
role of resources and reserves; commodity values and forecasting; real option

HELP
analysis; and extensive commodity profiles.
Members Save $20
Published by John Wiley & Sons
2012 / Hardbound / 622 pages / 3 lbs
$130 Member / $130 Student Member / $150 Nonmember/List / ORDER NO. 9109
Call 303-948-4237
Email [email protected] or visit www.smenet.org/store 3
2018 SME FINANCE AND ECONOMICS TITLES

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