POSSIBILITIES FOR USING THE EFFECTS METHOD IN MINING PROJECTS ASSESSMENT
Some distinctive essential aspects, characterizing most mining projects - the high level of investment effort, the major impact upon turning to good account of a significant part of the national wealth (the useful mineral deposits), the extremely limited character of the state’s available resources...
| Main Authors: | , |
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| Format: | Article |
| Language: | English |
| Published: |
University of Petrosani
2013-10-01
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| Series: | Annals of the University of Petrosani: Economics |
| Subjects: | |
| Online Access: | http://www.upet.ro/annals/economics/pdf/2013/part1/Mangu-Rascolean-1.pdf |
| Summary: | Some distinctive essential aspects, characterizing most mining projects - the high level of investment effort, the major impact upon turning to good account of a significant part of the national wealth (the useful mineral deposits), the extremely limited character of the state’s available resources (the only one to finance such projects) - have transferred the problem of their financial evaluation from a microeconomic level to a macroeconomic one. A macroeconomic assessment supposes an identification and
quantification of all effects taken by two fundamental alternatives - “with” or “without” a project, at a social and economical scale. On this assertion there could be determined the added value corresponding to each way, the alternative having the highest added value will be considered feasible. |
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| ISSN: | 1582-5949 2247-8620 |