By Jerzy Kicki, Eugeniusz J. Sobczyk
The foreign Mining discussion board is a habitual occasion, hosted via the collage of technology and know-how in Cracow, Poland, bringing jointly a global staff of scientists, together with these operating in rock mechanics and desktop engineering in addition to mining engineers. the subjects are wide-ranging, together with papers on distant sensing to evaluate basic impression; remedy of sealed-off coal mine fires; sustainable improvement in mine closure; and tracking of average dangers and issues of safety.
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Additional info for Economic Evaluation and Risk Analysis of Mineral Projects: Proceedings of the International Mining Forum 2008 Cracow - Szczyrk - Wieliczka, Poland, February 2008
8. 9. Barrick Gold Corp. Goldcorp Inc. BHP Billiton Group Aluminum Company of America Alcan Aluminium Ltd. RTZ Corporation plc. Alcan Inc. Aluminum Company of America Anglo American Corp of South Africa Ltd. Texas Pacific Group Ventures Inco Ltd. Falconbridge Ltd. BHP Billiton Ltd. De Beers Consolidated Mines Ltd. Placer Dome Inc. Glamis Gold Ltd. WMC Resources Ltd. Gold Gold Diverse 2006 2006 2005 10 400 8600 7300 Reynolds Metals Co. Aluminium 1999 4600 Alusuisse Group Ltd. Rio Tinto Ltd. 4 Alumax Inc.
Data were derived from financial statements of the respective companies presented mostly in their annual reports14. g. 2004 Chevron data were mostly taken form Financials for the year 2006, not for the year 2004). This way all subsequent corrections of errors and omissions were recognised. Such steps were essential in case of Shell which had to admit major overestimation of its reserves15 and restate 20022005 financial statements. Below presented table shows comparison between SMOG value and premium of Market Value over Book Value for the analysed companies.
The WTP and WTA concept in the deterioration in the environmental quality. Source: the author’s own study based on , . Q0 – the level of environmental quality prior to the change; Q1 – the level of environmental quality after the change; U0 – the utility level prior to the change in the environmental quality; U1 – the utility level after the change in the environmental quality When using the equivalent variation, it should be determined what a maximum amount the individual is willing to pay for absence of the deterioration of the environmental quality from the level of Q0 to Q1 so that the individual’s utility level could remain not lower than U1.