Engineering Analysis of a Mining Share (Classic Reprint)
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| Partner: | buecher.de |
| Hersteller: | Forgotten Books (Pickering, John Clark) |
| Stand: | 2015-08-04 03:50:33 |
Produktbeschreibung
Excerpt from Engineering Analysis of a Mining Share In the following pages I have endeavored to set forth considerations which, it seems to me, enter logically into the analysis of a mining venture. The success of any mining undertaking hinges on the correct application of engineering principles. Therefore, to be comprehensive and accurate, the investigation of that undertaking should be approached from an engineering viewpoint. I have applied the analysis to a single share, since the figures resulting therefrom are more easily handled and more readily comprehended. Obviously, the analysis by shares is equivalent to the analysis of the whole property. Two technical books of the highest order, which were widely read and discussed, and which treated on certain phases of the same subjects, have preceded this publication. They are "Principles of Mining," by H. C. Hoover, and "The Cost of Mining," by J. R. Finlay. I tender my acknowledgments to the authors of these admirable works where there is any overlapping of ideas. The discussion is on broad lines and is based on observations during twelve years´ experience in South America, Mexico, the United States, Canada and Africa. After reviewing some features which, in my judgment, should be given weight in the investigation and valuation of a mining enterprise, I have endeavored to give concrete application of some preceding generalities. This I have tried to accomplish through an analysis of the affairs of four producing and profitable mining companies. I am, however, not offering a personal appraisal of the worth of the companies reviewed, but have merely developed a line of investigation based on data which are available to the average shareholder. In other words, I have endeavored to eliminate the personal equation, since neither endorsement nor criticism of these companies is implied. About the Publisher Forgotten Books publishes hundreds of thousands of rare and classic books. Find more at www.forgottenbooks.com This book is a reproduction of an important historical work. Forgotten Books uses state-of-the-art technology to digitally reconstruct the work, preserving the original format whilst repairing imperfections present in the aged copy. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in our edition. We do, however, repair the vast majority of imperfections successfully; any imperfections that remain are intentionally left to preserve the state of such historical works.
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