Practical Mining is a field manual for engineers and investors, showing how careful mine examinations translate into real-world value.
This practical guide emphasizes evaluating both the mine and its location, and it explains how economics, logistics, and technology shape a property's worth. It blends technical methods with investor guidance to help readers make informed decisions.
The book argues that a thorough assessment goes beyond ore samples and reports. It covers choosing the right mining method, estimating water and timber needs, planning transportation, and forecasting how long a property will pay. It also offers practical approaches to budgeting, cost tracking, and comparing alternative development strategies. Throughout, it stresses diligence, experience, and sound judgment as essential to successful mining investments.
- How to determine the width of pay zones and the average ore value for realistic projections
- How to estimate water, timber, and power needs, plus the costs to secure them
- How to build a balance sheet that rolls all mine, mill, and transport costs into a bullion outcome
- How to recognize overhyped claims and protect yourself from dubious investment schemes
Ideal for engineers, consultants, and investors who want a grounded, experience-based view of mining properties and how to approach them responsibly.