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Foundation of a framework for evaluating the impact of mining technological innovation on a company's market value

Author

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  • Mugebe, P.
  • Kizil, M.S.
  • Yahyaei, M.
  • Low, R.

Abstract

Technological innovation development plays a pivotal role in mineral economics. History shows that the difference between a mineral deposit's economic status and its uneconomic status lies in the mining technological innovation most prevalent in each phase of technological development. The significance of mining technology is that it curbs the negative impact of mineral deposit depletion by improving productivity, thereby keeping mineral exploitation profitable. This relationship makes it imperative to develop a framework that utilises this concept to sustain mining in the future. The framework will incorporate the benefits of technological innovation implementation to demonstrate its impact on a company's share price. It will help public investors understand share price performance while serving as an additional internal new technology investment approval tool.

Suggested Citation

  • Mugebe, P. & Kizil, M.S. & Yahyaei, M. & Low, R., 2023. "Foundation of a framework for evaluating the impact of mining technological innovation on a company's market value," Resources Policy, Elsevier, vol. 85(PA).
  • Handle: RePEc:eee:jrpoli:v:85:y:2023:i:pa:s0301420723006244
    DOI: 10.1016/j.resourpol.2023.103913
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