Principles of Mining: Valuation, Organization and Administration

"Principles of Mining: Valuation, Organization and Administration" by Herbert Hoover is a seminal work that delves into the intricacies of mining operations. Hoover, who later became the 31st President of the United States, draws on his extensive experience in the mining industry to provide insights into the valuation of mineral resources. The book covers essential topics such as the economic aspects of mining, the organization of mining enterprises, and the administrative practices necessary for successful operations. It serves as a foundational text for understanding the complexities of mining management. *** In this book, Hoover emphasizes the importance of systematic approaches to mining, advocating for efficient organization and administration to maximize productivity. He discusses various methods of evaluating mineral properties and the significance of sound financial practices in the mining sector. The principles outlined in this work are not only applicable to mining but also resonate with broader business management practices. Hoover's expertise and clear writing style make this book a valuable resource for students, professionals, and anyone interested in the mining industry.