METHOD OF GEOLOGICAL & MINING ASSETS VALUATION

Geological and mining assets mean the information including geological reports containing the deposit resources volume as well as all related rights especially prospecting, exploration and mining concessions. Value and price of assets were presented. Value of assets were connected with probability of deposit occurrence and its value. The formulas for calculating the value of geological information and prospecting, exploration and mining concession value are presented in the paper. Value of geological information is defined as a product of prospect deposit value and probability of its occurrence. Value of concession is defined as a product of geological information value and coefficient describing the transactional and context environment of deposit management project. Prices of assets are established during the market deals or in legal regulations, but they can be determined approximately in using the analytic methods. Formulas for calculating the justified exploration concession price and justified price for deposit mining taking into consideration the deposit owner and project executor businesses are presented in the paper. Authors attach special importance to the last proposal due to its economical meaning.