Akademik Veri Yönetim Sistemi
27th International Mining Congress and Exhibition of Turkey, IMCET 2022, Antalya, Türkiye, 22 - 25 Mart 2022, ss.584-595
© IMCET 2022. All rights reserved.The Public Reports issued in the mineral industry can be divided into two main categories: 1) Reports on Exploration, Mineral Resource/Mineral Reserve estimation and 2) Reports on Valuation of Mineral Assests. While there are many experts disclosing reports for the former in the world, the number of valuators are quite limited. An important reason for this situation is that mine valuation is an emerging discipline. The main purpose of valuation is to determine the market value of the mineral asset. There are not enough systematic studies on the valuation of Mineral Assests in our country. First of all, the Mineral Assests to be valuated must be studied by Practitioners according to the code principles based on international valuation approaches. In this study, two unexploited coal fields of Turkey in the early exploration stage were valuated. Due to the characteristics of the fields, the "Cost Approach" was used in the valuation study and the monetary amounts of the resource and the present values of the expenditures were calculated and compared with each other, as well as the knowledge level about the Mineral Assets in the coal fields. In the study, valuation estimates were obtained by using methods such as Multiples of Exploration Expenditures and Kilburn Factor. The results showed that the resource and quality of the mineral assets, as well as the increased amount and reliability of information about the field, is an important factor that affects the valuation.