A Study Of Methods Of Mine Valuation And Assessment

This book provides a detailed examination of mine valuation and assessment methods, with a focus on the zinc mines of southwestern Wisconsin. The author offers practical advice and instruction for mine managers and investors, as well as an informative look at the challenges and opportunities of the mining industry. This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work is in the "public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

Excerpt from A Study of Methods of Mine Valuation and Assessment: With Special Reference to the Zinc Mines of Southwestern Wisconsin In August, 1913, the Wisconsin Legislature passed a bill whereby the State Geological and Natural History Survey was instructed to place valuations on the mines and mineral lands Of the state for the Tax Commission. In compliance with this Act, the writer was sent by the Survey into the zinc and lead district Of southwestern Wisconsin to make a study Of geologic and mining conditions with a view to working out some fair method Of valuing the mines for purposes Of assessment. A method Of appraisal was tentatively adopted, in accordance with which valuations were placed on the mines. These valuations have been made the basis of the 1914 assessment. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.

This is a reproduction of a book published before 1923. This book may have occasional imperfections such as missing or blurred pages, poor pictures, errant marks, etc. that were either part of the original artifact, or were introduced by the scanning process. We believe this work is culturally important, and despite the imperfections, have elected to bring it back into print as part of our continuing commitment to the preservation of printed works worldwide. We appreciate your understanding of the imperfections in the preservation process, and hope you enjoy this valuable book.

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.

This historic book may have numerous typos and missing text. Purchasers can usually download a free scanned copy of the original book (without typos) from the publisher. Not indexed. Not illustrated. 1914 edition. Excerpt: ... of PbS concentrates $51.00 Estimated ore reserve 40,000 tons Estimated annual hoist 70,000 tons Estimated life of mine 0. 57 year Estimated profit per ton dirt $0,707 Estimated total profit, 0.707 X 40,000 = $28,280 1.04= (1 + 0.06 X 0.66) 1.037= (1 + 0.06 X 0.615) QQ OCA Valuation: 1I" X 0.88 = 824,060 1.0o4 (5) Present value of all the above valuations at the beginning of the 1st year: $32,500 $28,350 $24,060 $49,100 H 1 1 = $125,180. 1.06 1.061 1.06 C. Variation Of The Finlay Method As Used In 1914, In SouthWestern Wisconsin. After a somewhat careful consideration of the zinc situation, it was decided to use the Finlay principles, as the basis for arriving at the valuations of the mines for assessment purposes. These principles had been applied with fairly satisfactory results to the copper mines of the Keweenawan peninsula, and to the iron mines of northern Wisconsin and Michigan. This system, in its endeavor to obtain sums representing sale value, was believed to check fairly well with the essentials of the general property system. Schedules of questions asking, among other things, for information concerning exploration, production, receipts, costs and profits from each individual property for the past five years were sent to the various companies in March, and a return was called for in May, including all available data to May 1st. Before and during this period, the writer made a personal examination of every active mine with especial reference to ore reserves, and present production. As a result of the examination of the properties, mine maps and schedules of information returned by the companies, it was found necessary to make certain changes in the recognized Finlay method, as applied to the iron and copper mines....

This work has been selected by scholars as being culturally important, and is part of the knowledge base of civilization as we know it. This work was reproduced from the original artifact, and remains as true to the original work as possible. Therefore, you will see the original copyright references, library stamps (as most of these works have been housed in our most important libraries around the world), and other notations in the work. This work is in the public domain in the United States of America, and possibly other nations. Within the United States, you may freely copy and distribute this work, as no entity (individual or corporate) has a copyright on the body of the work. As a reproduction of a historical artifact, this work may contain missing or blurred pages, poor pictures, errant marks, etc. Scholars believe, and we concur, that this work is important enough to be preserved, reproduced, and made generally available to the public. We appreciate your support of the preservation process, and thank you for being an important part of keeping this knowledge alive and relevant.