The Mining Projects - An Approach in Terms of Particularities of Use the Factor of Production “Capital”

Sorin-Iuliu Mangu (), Carmen Daniela Mangu () and Diana Cornelia Csiminga ()
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Sorin-Iuliu Mangu: University of Petrosani, Romania
Carmen Daniela Mangu: S.C. PETROEVAL S.R.L., Romania
Diana Cornelia Csiminga: University of Petrosani, Romania

Annals of the University of Petrosani, Economics, 2011, vol. 11, issue 1, 137-144

Abstract: Regarding the other development projects within an economy, the mining projects (objectified in underground exploitation, day-light exploitation and preparing enterprises) presents specific characters, such as: a great volume of the capital investment; important loss by stopping the invested capital; long period of recouping the invested capital; small rates of profit (or even absent); increased intensity of using the capital factor of production; high value of specific investment. A simple review of these elements determines their contact to the “capital” factor of production. Under these circumstances the given work tries to catch the particular aspects of using the “capital” factor of production in the mining branch.

Keywords: factor of production; capital; mining industry; mining project; rate of profit; investment; assets; financing (search for similar items in EconPapers)
JEL-codes: D24 (search for similar items in EconPapers)
Date: 2011
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Persistent link: https://EconPapers.repec.org/RePEc:pet:annals:v:11:y:2011:i:1:p:137-144

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