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The Comparative Research Between Geological Main Factors Row Method and Comparable Sales Method of Valuation in Mining Right Evaluation

Author: SuHongJian
Tutor: CuiBin
School: Chinese Geology University (Beijing)
Course: Mineralogy,petrology, Mineral Deposit Geology
Keywords: Mining rights assessment Exploration rights Assessment of geological elements Sequential Comparable Sales Qinghai
CLC: F426.1
Type: Master's thesis
Year: 2011
Downloads: 78
Quote: 0
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Abstract


A late start in China, the development of the mining rights assessment of market, so far, only 10 years, although there are still needs to improve at, but the mining rights assessment is still in the mining market to play a very important role. Mining rights assessment is the basis of the mining rights to sell and transfer, is an important guarantee for safeguarding the legitimate rights and interests of the state and mining rights of people. The evaluation results are directly related to the vital interests of the mining rights, related to the healthy development of the mining rights market. At present, China's mining rights assessment in three ways, namely profit approach, the cost approach, market approach, each approach has its application premise conditions in the mining rights assessment, according to the specific object of the assessment, assessment characteristics of the object and purpose of the evaluation, select an appropriate assessment approaches and methods. In three ways, the application of the most widely used for profit approach and cost approach, because the use of the information needed to assess the mineral rights of two ways relatively easy to collect. Within the industry has been widely recognized by these two approaches, however, closely linked with the market closer to the market value of the market approach has always been very few people interested. The reason, mainly a few years before the development of China's mining rights market is not perfect, there are many problems, does not meet the basic conditions of the use of the market approach, the passage of time, the profit approach and cost approach widely used to assess the mineral rights within the industry a fixed pattern. In recent years, with the development of China's mining economy, the frequent mining rights trading, mining rights market has also been considerable development in many places to perfect. In this market context, I believe that China's mining rights market has more development, already have the basic conditions for the use of market pathway assessment Mining. Relying on the \re-assessment of mining rights, and strive to get a reasonable, consistent with the results of the laws of the market. At the same time, the article discusses the need to pay attention to the place of comparable sales in the process of applying and parameter selection, more experts and scholars to its perfect, makes the comparable sales approach to mining rights assessment to obtain a wide range of applications.

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