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2018512more than four out of five mining projects come in late and over budget, by an average of 43 percentne reason for the poor performance is that project leaders find it difficult to know whether and when to intervenelthough they almost always understand when a project is getting into trouble.
As such, since coal is the number one source of power, the growth of chinas economy and other emerging markets would drive the price of coal in response to the law of demand and supplynother big factor that affects the price of coal due to its demand for electricity is what i.
India has emerged as the third largest coal producer in the world after china and usa with a 9 share of the total global coal productionhile the coal production from underground mining in countries like china, usa and australia are about 95, 33 and 20 respectively, india produces only about 15 of coal from underground mines prasad 2009.
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2017913cvjetko stojanovi evaluating investment projects in mining industry by combining discount method and real option valuation 218 referring to to decisions regarding the costly and longterm mining projects, which can even affect the fate of the mining company, such as the opening of new mines, it is necessary to conduct a rigorous and logically.
