The influence of variability models for selected geological parameters on the resource base and economic efficiency measures - Example of coking coal deposit

Michał Kopacz, Jarosław Kulpa, Dominik Galica and Piotr Olczak

Resources Policy, 2020, vol. 68, issue C

Abstract: In the research we examined the influence of a few geostatistical models (interpolators and kriging models) on the resource base and economic efficiency measures, on the example of coking coal deposits. The research was carried out in scenario-based mode, with 4 alternative analytic models prepared.

Keywords: Coking coal resources; Numerical models of deposits; Models of spatial variability; Economic efficiency assessment; Monte Carlo simulation; Empirical copula; NPV; IRR (search for similar items in EconPapers)
Date: 2020
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Citations: View citations in EconPapers (1)

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Persistent link: https://EconPapers.repec.org/RePEc:eee:jrpoli:v:68:y:2020:i:c:s030142071930978x

DOI: 10.1016/j.resourpol.2020.101711

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