Resumen

ROJAS, Carlos. VALUATION OF MINERAL RESOURCES UNDER SUSTAINABLE DEVELOPMENT CONCEPT . Rev.EIA.Esc.Ing.Antioq [online]. 2010, n.13, pp.65-75. ISSN 1794-1237.

The document presents a methodology for valuation of mineral resources under the sustainable development concept. The first part contains an analysis of the sustainable development concept applied to the mining process, after this there is a summary of the mining process and the environmental task to be done, and finally, starting from the analysis of rent, benefit-cost analysis (Hotelling and Hartwick rules), it is described how to obtain the maximum unit value per unit of measure that may have a defined mineral resource. The mechanism of internalization of externalities and monetization is used to get communication between the sciences involved in a mining project. This whole process has time scales and is brought to a net present value. The discount rates to be used to get the present value could be split in different rates for the operational, social, and environmental issues, but the definition of which is going to be used has to be defined by those who use the methodology. The implementation of this methodological proposal is comparable to the implementation of a social and environmental policy for businesses as it incorporates many of the elements necessary to obtain the social license of operation.

Palabras clave : valuation; mineral resources; sustainable development.

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