---
product_id: 439132480
title: "Mining Economics Explained: A Guide for Boards, Executives, Managers and Investors"
price: "17180 som"
currency: KGS
in_stock: true
reviews_count: 6
url: https://www.desertcart.kg/products/439132480-mining-economics-explained-a-guide-for-boards-executives-managers-investors
store_origin: KG
region: Kyrgyzstan
---

# Mining Economics Explained: A Guide for Boards, Executives, Managers and Investors

**Price:** 17180 som
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Mining Economics Explained: A Guide for Boards, Executives, Managers and Investors
- **How much does it cost?** 17180 som with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.kg](https://www.desertcart.kg/products/439132480-mining-economics-explained-a-guide-for-boards-executives-managers-investors)

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- Customers looking for quality international products

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## Description

Mark Bristow, CEO of Barrick Gold Corporation, is quoted as saying that “No one made any real money during the last super-cycle” because as Jamie Polanski put it “the single-minded pursuit of production was destructive to margins and valuations.” AMC Consultants Principle Peter McCarthy said that “by second guessing the economic optimisation of the ore deposit, owners are obliged to pay for something greater and more expensive.” What followed the great commodity super-cycle was a lesson in austerity that now threatens the industry as “a reserve crisis in the gold industry now exists” according to Mark Bristow. By emphasizing the primacy of the ore deposit this book unpacks the economic optimization of a mine so that mining teams can maintain capital investment discipline against consistent criteria. The temptation to pursue acquisitions or projects at any price is tempered by a fundamental understanding of an ore deposits economic capacity to deliver value. As Alfred Rappaport said: “The ultimate test of corporate strategy, the only reliable measure, is whether it creates maximum excess economic value for its shareholders.” Craig Hutton, the author of this book, unpacks Mining Economics in a practical manner that is anchored in economic theory. The optimal size of any mining pursuit is ultimately measured by McCarthy’s “Hill of Value” formulation. Hutton has developed a robust tool to generate McCarthy’s “Hill of Value” in a fast yet detailed manner to test multiple production combinations saving on time and money to direct feasibility studies to optimal outcomes. Neal Brewster, executive director at Elemental Economics commented that “ I found myself nodding along.” He went on to say that this book has the knack of translating theory into practical approaches alongside real world experiences from inside the mining industry, making it one of the more useful books on mineral economics that he has read.

Review: Great Insightful Book - I thought this book would simply delve into the processes and companies in the mining industry. However it also incorporates economic models, past performances and assumptions as well as professional recommendations on improving business and strategic thinking. I've been introduced to a new school of thought of design thinking and innovation. Great book, it briefly reiterates points throughout so there are running themes and ideas.
Review: Didn't Provide Good Value - Highly repetitive, unidimensional, and surficial analysis.

## Technical Specifications

| Specification | Value |
|---------------|-------|
| Customer Reviews | 4.2 out of 5 stars 63 Reviews |

## Images

![Mining Economics Explained: A Guide for Boards, Executives, Managers and Investors - Image 1](https://m.media-amazon.com/images/I/619Be-Gb7TL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ Great Insightful Book
*by J***N on 20 July 2024*

I thought this book would simply delve into the processes and companies in the mining industry. However it also incorporates economic models, past performances and assumptions as well as professional recommendations on improving business and strategic thinking. I've been introduced to a new school of thought of design thinking and innovation. Great book, it briefly reiterates points throughout so there are running themes and ideas.

### ⭐⭐⭐ Didn't Provide Good Value
*by G***D on 22 October 2024*

Highly repetitive, unidimensional, and surficial analysis.

### ⭐⭐⭐⭐⭐ Excellent Up-to-Date Work on Mining Economics and Engineering
*by C***S on 1 May 2022*

As a long time mine planner in industrial metals and materials, I got a great deal of good information from Craig Hutton's Mining Economics book. He gives excellent methodology and background science for practical evaluation of prospective mine projects. I highly recommend this book. There is a fraudulent one star review that has nothing to do with the actual book here. It appears to be a hit piece by some sort of anti-everything enviro activist. I googled Craig Hutton and I couldn't find anything about the anti-science person they are attempting to smear. I reported the review for abuse.

## Frequently Bought Together

- Mining Economics Explained: A Guide for Boards, Executives, Managers and Investors
- Mineral Exploration and Mining Essentials
- The Mining Valuation Handbook 4e: Mining and Energy Valuation for Investors and Management

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*Product available on Desertcart Kyrgyzstan*
*Store origin: KG*
*Last updated: 2026-09-03*