Geological and mining risks assessment on the example of Ukrainian coal deposits with insignificant reserves

Сomparison of mining risks component was carried out on example of Ukrainian coal deposits with insignificant reserves. We analyzed main geological, mining and business risks in international and national practices of risk assessment. It was defined that main components of international risk assessm...

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Main Authors: H. I. Rudko, V. V. Bala, M. M. Kurylo
Format: Article
Language:English
Published: Ukrainian Geological Company (UGC) 2017-09-01
Series:Мінеральні ресурси України
Subjects:
Online Access:https://mru-journal.com.ua/index.php/mru/article/view/215
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author H. I. Rudko
V. V. Bala
M. M. Kurylo
author_facet H. I. Rudko
V. V. Bala
M. M. Kurylo
author_sort H. I. Rudko
collection DOAJ
description Сomparison of mining risks component was carried out on example of Ukrainian coal deposits with insignificant reserves. We analyzed main geological, mining and business risks in international and national practices of risk assessment. It was defined that main components of international risk assessment of coal deposits is a risk of using of substitute, social and environmental factors. For domestic deposits positive factors for risk assessment are a significant degree of geological knowledge, but we have a negative impact of regulatory and market factors. It was defined that specific components of the risk for coal deposits with insignificant reserves are favorable factors – reduction of required investments and costs, licensing conditions, but the biggest risk is no confirmation of reserves quantity.
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spelling doaj.art-790bd34eb056456480b9dcdbd33d86642022-12-21T19:22:02ZengUkrainian Geological Company (UGC)Мінеральні ресурси України1682-721X2707-86982017-09-0131921215Geological and mining risks assessment on the example of Ukrainian coal deposits with insignificant reservesH. I. Rudko0V. V. Bala1M. M. Kurylo2State Commission of Ukraine on Mineral ResourcesState Commission of Ukraine on Mineral ReservesInstitute of Geology National Taras Shevchenko University of KyivСomparison of mining risks component was carried out on example of Ukrainian coal deposits with insignificant reserves. We analyzed main geological, mining and business risks in international and national practices of risk assessment. It was defined that main components of international risk assessment of coal deposits is a risk of using of substitute, social and environmental factors. For domestic deposits positive factors for risk assessment are a significant degree of geological knowledge, but we have a negative impact of regulatory and market factors. It was defined that specific components of the risk for coal deposits with insignificant reserves are favorable factors – reduction of required investments and costs, licensing conditions, but the biggest risk is no confirmation of reserves quantity.https://mru-journal.com.ua/index.php/mru/article/view/215evaluationgeological risksdeposits coalinsignificant reserves
spellingShingle H. I. Rudko
V. V. Bala
M. M. Kurylo
Geological and mining risks assessment on the example of Ukrainian coal deposits with insignificant reserves
Мінеральні ресурси України
evaluation
geological risks
deposits coal
insignificant reserves
title Geological and mining risks assessment on the example of Ukrainian coal deposits with insignificant reserves
title_full Geological and mining risks assessment on the example of Ukrainian coal deposits with insignificant reserves
title_fullStr Geological and mining risks assessment on the example of Ukrainian coal deposits with insignificant reserves
title_full_unstemmed Geological and mining risks assessment on the example of Ukrainian coal deposits with insignificant reserves
title_short Geological and mining risks assessment on the example of Ukrainian coal deposits with insignificant reserves
title_sort geological and mining risks assessment on the example of ukrainian coal deposits with insignificant reserves
topic evaluation
geological risks
deposits coal
insignificant reserves
url https://mru-journal.com.ua/index.php/mru/article/view/215
work_keys_str_mv AT hirudko geologicalandminingrisksassessmentontheexampleofukrainiancoaldepositswithinsignificantreserves
AT vvbala geologicalandminingrisksassessmentontheexampleofukrainiancoaldepositswithinsignificantreserves
AT mmkurylo geologicalandminingrisksassessmentontheexampleofukrainiancoaldepositswithinsignificantreserves