For accounting issues of uncertainty and risk in the geological and economic analysis and evaluation of deposits cost

• Main Authors: Oleg Zurian, O. I. Levchenko, O. M. Pidtilok
• Format: Article
• Language: English
• Published: Ukrainian State Geological Research Institute (UkrSGRI) 2015-03-01
• Series: Мінеральні ресурси України
• Subjects: factors of uncertainty and risk; geological and economic analysis; cost and economic assessment; geological and economic parameters; deposit; the subsurface area
• Online Access: https://mru-journal.com.ua/index.php/mru/article/view/86

Currently the state balance consist of, in the majority, deposits that have been explored and evaluated in the pre-reform period. Their commercial value, when the consumer cost of mineral raw materials production was changed, requires revaluation on objects, that having or lost their economic importance. The task of assessing risk is to ensure that simulate the effects of changing the original data on the environmental performance of mine­ral resources (MR) mining project and assess the probability of these indicators different values adoption. It must be admitted that the methodology of decision-making has little application in the analysis of uncertainties factors and risks of extended for decades MR operation terms. This causes a certain “freedom” in the selection of their diagnosis suitable methods in order to neutralize the adverse results.