The Mining Valuation Handbook, 4th Edition -- Contents -- Introduction -- Chapter 1: The resources industry -- What resource companies do -- What makes resource companies different from industrials? -- Commodity price volatility -- Chapter 2: A quick guide to financials -- Capital costs -- Revenue -- Operating costs -- Other costs -- Depreciation -- Taxation -- Cash flow -- Worked example -- Chapter 3: Feasibility studies -- Components -- Corporate and project debt -- When things go wrong -- A question of forecasting or best guessing -- Chapter 4: Commodity values and forecasting -- Commodity price forecasting -- Statistical - mean reversion -- Futures -- Chapter 5: Resource project considerations -- Exploration -- Confidence level -- Calculating resources -- Geostatistical estimation and kriging -- Estimating oil and gas resources -- Test of wells -- Chapter 6: Classification of resources and reserves -- Definitions -- Diamond exploration -- Reporting coal resources and reserves -- Reporting oil and gas reserves -- Chapter 7: Mining and hydrocarbon recovery -- Surface mining -- Underground mining -- Oil and gas drilling -- Marketing -- Mineral and hydrocarbon processing -- On-site hydrometallurgical recovery -- Mineral and metallurgical problems -- Oil and gas processing -- Infrastructure -- Smelting and refining -- Chapter 8: Indicative capital and operating costs -- Indicative capital costs - rule of thumb -- Indicative operating costs - rule of thumb -- Gold and platinum -- Base metal mining -- Offshore mining -- Oil and gas -- Diamonds -- Mineral sands -- Iron ore -- Chapter 9: Hedging commodities and exchange rates -- Exchange-traded futures -- Chapter 10: Taxation, depreciation, royalties and accounting standards -- Taxation -- Government and state/territory royalties -- Accounting standards for exploration.

Chapter 11: Valuation methodologies -- Fundamental value -- Income approach -- Market approach -- Cost base approach -- Charting, technical analysis and nomograms -- Chapter 12: Takeovers and fair value allocation -- Takeovers and mergers -- Chapter 13: Quantifying the risk -- Sensitivity analysis -- Probability analysis -- Chapter 14: Cutoff grade theory -- Initial estimate -- Impact on fundamental value -- Chapter 15: Share price performance and real options -- Value in the ground -- Options value -- Real options -- Chapter 16: Impact of exploration, development and expansion -- Valuing an initial discovery -- High grade is best -- Development time frame -- Disappearing resource -- Project expansion -- Chapter 17: Determining the appropriate discount rate -- Resource company betas -- Capital asset pricing model -- Weighted average cost of capital -- Chapter 18: Dealing with inflation -- Chapter 19: Agricola Mining - a hypothetical example -- Exploration discovery -- Ore reserves and waste -- Cutoff grade -- Mining schedule -- Feasibility study -- Fundamental value -- Sensitivity analysis -- Probability analysis -- Chapter 20: Commodity profiles -- Aluminium, Alumina and Bauxite -- Chromium -- Coal -- Cobalt -- Copper -- Diamonds -- Gold -- Heavy mineral sands -- Iron ore -- Lead -- Lithium -- Magnesium (Magnesite) -- Manganese -- Natural gas -- Nickel -- Oil and oil shale -- Phosphate -- Platinum group metals (PGMs) -- Potash -- Rare earths -- Silver -- Tantalum -- Tin -- Tungsten -- Uranium -- Zinc -- Other commodity prices -- Appendix A: Sources of information -- Stock exchange releases -- Prospectuses and information memorandums -- Takeover response or scheme of arrangement -- Journals, newspapers and broker reports -- The internet -- Journals and publications -- Appendix B: Australian Native Title -- ILUAs -- Appendix C: Royalty rates -- Africa.

Asia and Pacific -- Australia -- Canada -- United States -- Latin America -- Appendix D: Economic geology primer -- Hard rock deposits -- Oil and gas accumulations -- Other types of deposits -- Appendix E: Project details -- Black coal -- Coal seam gas -- Liquefied natural gas (LNG) -- Natural gas -- Uranium -- Bauxite -- Copper -- Gold -- Iron ore - mining projects -- Iron ore - infrastructure projects -- Lead-zinc-silver -- Mineral sands -- Nickel -- Rare earths -- Tin -- Vanadium -- Other commodities -- Minerals processing facilities -- Appendix F: Exchange rates and CPI -- Australian dollar exchange rates and Consumer Price Index June 1990-December 2011 -- Appendix G: Continuous discounting and annuities -- Appendix H: Abbreviations, conversions and energy factors -- Carbon table -- Units and abbreviations -- Conversions -- Energy factors -- Glossary -- Bibliography and References -- Index.