The Business of Mining / A brief non-technical exposition of the principles involved in the profitable operation of mines

This practical, nontechnical exposition surveys the principles and business of mineral extraction and investment, opening with definitions and historical background before moving through prospecting methods, claim law, placer and open-pit techniques, mine openings, types of ore bodies, and considerations of depth and grade. It treats valuation, promotion, incorporation and capitalization, equipment and management, mine accounting, metal pricing, and stock investment, and concludes with remarks on personnel and miscellaneous operational concerns. Technical topics are explained in plain language and supported by examples and illustrations to assist prospective operators, investors, and managers in understanding the economic and organizational factors that determine profitable mine operation.