IDEAS home Printed from
MyIDEAS: Log in (now much improved!) to save this article

The Potential Value of a Mining Property

Listed author(s):
  • Sorin-Iuliu Mangu

    (University of Petroşani, Romania)

Registered author(s):

    Analyzing the possibilities to using the traditional assessment models (patrimonial and based on result updating) in the particular case of the mining companies in Romania, it led to conclusions that show its non-applicability at least in certain forms and in specific special situations. Thus, the special assets value in the mine patrimonies cannot be approached unless on the context of continuing exploitation activities and in a tight relationship with the mineral substances reserves to whose turn to profit the activities would take part in. Due to this usage particularity of the production factors capital and deposit the value approach through flow, as an economic value seem more opportune. In present though, the most majority of the mining companies in Romania operate with exploitation losses which are partially or totally covered by state finance subventions. This completely improper operating from an economical point of view rise insurmountable barriers for usage of assessment patterns based on updating the future cash flows. In these circumstances, it appears as a requirement the necessity of developing new assessment patterns that would be able to offer a relevant image, closer to reality, over the value of an operational enterprise or over the value of a mining perimeter that is partially developed. Such a model is developed as follows.

    If you experience problems downloading a file, check if you have the proper application to view it first. In case of further problems read the IDEAS help page. Note that these files are not on the IDEAS site. Please be patient as the files may be large.

    File URL:
    Download Restriction: no

    Article provided by University of Petrosani, Romania in its journal Annals of the University of Petrosani - Economics.

    Volume (Year): 9 (2009)
    Issue (Month): 4 ()
    Pages: 55-62

    in new window

    Handle: RePEc:pet:annals:v:9:i:4:y:2009:p:55-62
    Contact details of provider: Web page:

    References listed on IDEAS
    Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:

    in new window

    1. Aurelian Simionescu & Florian Buşe & Petru Hodor & Sorin Mangu, 2002. "On the valuation of coal property," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 2, pages 180-189.
    Full references (including those not matched with items on IDEAS)

    This item is not listed on Wikipedia, on a reading list or among the top items on IDEAS.

    When requesting a correction, please mention this item's handle: RePEc:pet:annals:v:9:i:4:y:2009:p:55-62. See general information about how to correct material in RePEc.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: (Imola Driga)

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If references are entirely missing, you can add them using this form.

    If the full references list an item that is present in RePEc, but the system did not link to it, you can help with this form.

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your profile, as there may be some citations waiting for confirmation.

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    This information is provided to you by IDEAS at the Research Division of the Federal Reserve Bank of St. Louis using RePEc data.