Multiproduct mine output and the case of mining waste utilization

This article addresses the concepts of economies of scope and multiproduct production, subadditivity and transray convexity as it applies to the mining industry. The article goes on to expand these concepts to include the case of mining waste utilization. It discusses how the modification of mining...

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Main Author: Packey, Daniel
Format: Journal Article
Published: Pergamon 2012
Subjects:
Online Access:http://hdl.handle.net/20.500.11937/33745
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author Packey, Daniel
author_facet Packey, Daniel
author_sort Packey, Daniel
building Curtin Institutional Repository
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description This article addresses the concepts of economies of scope and multiproduct production, subadditivity and transray convexity as it applies to the mining industry. The article goes on to expand these concepts to include the case of mining waste utilization. It discusses how the modification of mining wastes into a marketable product can develop a relationship across the cost functions of the modified mining waste and ore production and how this interrelationship affects the profit maximizing condition. It discusses four possible outcomes from mining waste modification and its development into marketable products on the profitability and production of ore by the firm. Finally, it discusses mining waste utilization effects on rehabilitation costs and the potential for a decrease in the adverse community effects due to mine closure.
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spelling curtin-20.500.11937-337452017-09-13T15:32:25Z Multiproduct mine output and the case of mining waste utilization Packey, Daniel mine closure mine waste utilization rehabilittion multiprodeuct production This article addresses the concepts of economies of scope and multiproduct production, subadditivity and transray convexity as it applies to the mining industry. The article goes on to expand these concepts to include the case of mining waste utilization. It discusses how the modification of mining wastes into a marketable product can develop a relationship across the cost functions of the modified mining waste and ore production and how this interrelationship affects the profit maximizing condition. It discusses four possible outcomes from mining waste modification and its development into marketable products on the profitability and production of ore by the firm. Finally, it discusses mining waste utilization effects on rehabilitation costs and the potential for a decrease in the adverse community effects due to mine closure. 2012 Journal Article http://hdl.handle.net/20.500.11937/33745 10.1016/j.resourpol.2011.11.002 Pergamon restricted
spellingShingle mine closure
mine waste utilization
rehabilittion
multiprodeuct production
Packey, Daniel
Multiproduct mine output and the case of mining waste utilization
title Multiproduct mine output and the case of mining waste utilization
title_full Multiproduct mine output and the case of mining waste utilization
title_fullStr Multiproduct mine output and the case of mining waste utilization
title_full_unstemmed Multiproduct mine output and the case of mining waste utilization
title_short Multiproduct mine output and the case of mining waste utilization
title_sort multiproduct mine output and the case of mining waste utilization
topic mine closure
mine waste utilization
rehabilittion
multiprodeuct production
url http://hdl.handle.net/20.500.11937/33745