World Journal of Engineering Research and Technology (WJERT) has indexed with various reputed international bodies like : Google Scholar , Index Copernicus , Indian Science Publications , SOCOLAR, China , International Institute of Organized Research (I2OR) , Cosmos Impact Factor , Research Bible, Fuchu, Tokyo. JAPAN , Scientific Indexing Services (SIS) , Jour Informatics (Under Process) , UDLedge Science Citation Index , International Impact Factor Services , International Scientific Indexing, UAE , International Society for Research Activity (ISRA) Journal Impact Factor (JIF) , International Innovative Journal Impact Factor (IIJIF) , Science Library Index, Dubai, United Arab Emirates , Scientific Journal Impact Factor (SJIF) , Science Library Index, Dubai, United Arab Emirates , Eurasian Scientific Journal Index (ESJI) , Global Impact Factor (0.342) , IFSIJ Measure of Journal Quality , Web of Science Group (Under Process) , Directory of Research Journals Indexing , Scholar Article Journal Index (SAJI) , International Scientific Indexing ( ISI ) , Scope Database , Academia , 

World Journal of Engineering Research and Technology

( An ISO 9001:2015 Certified International Journal )

An International Peer Reviewed Journal for Engineering Research and Technology

An Official Publication of Society for Advance Healthcare Research (Reg. No. : 01/01/01/31674/16)

ISSN 2454-695X

Impact Factor : 7.029

ICV : 79.45

News & Updation

  • Article Invited for Publication

    Article are invited for publication in WJERT Coming Issue

  • ICV

    WJERT Rank with Index Copernicus Value 79.45 due to high reputation at International Level

  • New Issue Published

    Its Our pleasure to inform you that, WJERT March 2024 Issue has been Published, Kindly check it on https://www.wjert.org/home/current_issues

  • WJERT New Impact Factor

    WJERT Impact Factor has been Increased to 7.029 for Year 2024.

  • WJERT: MARCH ISSUE PUBLISHED

    March 2024 Issue has been successfully launched on 1 March 2024.

Indexing

Abstract

INNOVATIVE SCIENTIFIC VALUATION OF MINERAL RESERVE

Binay Kumar Samanta*

ABSTRACT

One of the largest companies in India, producers of minerals and manufacturer of cement was finding it difficult to continue to operate two limestone mines for economic and environmental reasons. The company wanted a proper evaluation of the mining reserve and engaged ITCOT (Industrial and Technical Consultancy Organization of Tamilnadu). ITCOT considered Various Mine Valuation methods like The International Valuation Standards (IVS), The ISVC IVSC technique, SAMVAL Code of South Africa for the Valuation of Mineral Assets, American Institute of Mineral Appraisers, MINASCO, Australia, Canadian Guidelines for Valuation of Mineral Properties (CIMVAL), Market Price Method, Net Price Method, User Cost Method, Net present value (NPV), Appropriation Method. RBSA report was not adequate and BCL wanted a correct evaluation of the mining property and so the author as Director, Project & Environment Consultants, was engaged by ITCOT for proper computation of two limestone mine reserves by ITCOT Consultancy & Services Limited a Joint Venture of (ICICI, SIDBI, IFCI, SIPCOT, TIIC, SIDCO & Banks).

[Full Text Article] [Download Certificate]