The essential guide to investing in mining opportunities, now in its Fourth Edition

A comprehensive guide to mining investment analysis designed for use by financial and mining analysts, executives, and investors, The Mining Valuation Handbook: Mining and Energy Valuation for Investors and Management has become an essential resource for assessing the value and investment potential of mining opportunities. Fully revised and updated, this fourth edition of the classic text provides new and up-to-date information to better explain the mysteries surrounding the resources industry.

Written by Victor Rudenno, a leading global expert on mining investment analysis and consultant to mining companies, financial bodies, and governments, The Mining Valuation Handbook: Mining and Energy Valuation for Investors and Management, Fourth Edition covers a wide range of essential topics, including: feasibility studies, commodity values and forecasting, classification of resources and reserves, indicative capital and operating costs, valuation and pricing techniques, qualifying risk, the impact of exploration and expansion, and more.

• Fourth edition of the bestselling text on assessing mining investment opportunities
• Author Victor Rudenno is a respected global expert on mining investment analysis
• Key topics, including feasibility studies, valuation techniques, and risk qualification are covered in detail

Packed with invaluable mining information for the financial industry and financial information for the mining industry, The Mining Valuation Handbook is the definitive guide to assessing and investing in mining opportunities.

New feature

Equity markets have experienced turbulent times in recent years, particularly in resource valuations and commodity prices. In this international bestseller Victor Rudenno once again provides comprehensive, current information on mining and unravels some of the mystery surrounding the resources industry.

Now in its fourth edition, The Mining Valuation Handbook will assist those in the mining industry seeking financial information, as well as people in finance looking for characteristics of the resources industry in an economic light. For the non-professional who is keen to invest in resource 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 analysis
• extensive commodity profiles.

The Mining Valuation Handbook is an essential addition to the libraries of astute investors and mining and financial analysts.

Introduction 1. The resources industry 2. A quick guide to financials 3. Feasibility studies 4. Commodity values and forecasting 5. Resource project considerations 6. Classification of resources and reserves 7. Mining and hydrocarbon recovery 8. Indicative capital and operating costs 9. hedging commodities and exchanges rates 10. Taxation, depreciation, royalties and accounting standards 11. Valuation methodologies 12. Takeovers and fair value allocation 13. Quantifying the risk 14. Cutoff grade theory 15. Share price performance and real options 16. Impact of esploration, development and expansion 17. Determining the appropriate discount rate 18. Dealing with inflation 19. Agricola Mining - a hypothetical example 20. Commodity profiles Appendix Glossary Bibliography and references Index