Mining has powered our society and influenced almost every aspect of our modern lives.
This insightful book ‘‘The Business of Mining’’ examines the mining industry as a whole and investigates the economic decisions that underpin it. Alexander Ayertey Odonkor is the author of this unique book.
He is a chartered economist, a chartered financial analyst and a fellow of the Global Academy of Finance and Management, USA . He is a member of the American Economic Association and the African Finance and Economic Association.
He is an economic advisor on the economics advisory board of Cambridge Scholars Publishing, UK.
Alexander holds a bachelor’s degree in economics and finance and a master’s degree in finance. Alexander pursued a postgraduate programme in mining at Curtin University, Australia.
He has also pursued an extensive postgraduate education in economics and finance at: Harvard University, Massachusetts Institute of Technology, New York Institute of Finance, Babson College, Delft University of Technology, University of Adelaide and Corporate Finance Institute.
Alexander is the author of ‘‘Case Studies in Finance: Empirical Evidence from Ghana’’ With an undying interest in rigorous research, it is not surprising that he has published over 50 articles and authored eight profound books.
Alexander is the founder and president of Ayerkam. Through the institute for capacity development of the International Monetary Fund and the World Bank group he has gained international experience in debt sustainability analysis, financial programming and policies.
‘‘At the end of the day the most important thing about gaining knowledge is to be able to improve the lives of others. Thankfully the internet has made this quite simple as information can be shared worldwide within the shortest possible time.’’ He said.
The book takes you through a journey of the life cycle of a gold mine and highlights the technical and economic issues that affect the exploration, planning, operation and closure of a large-scale mining project. The masterpiece shows how new mineral deposits are found and examines the economic factors that govern their development.
‘‘The book throws more light on how a mine plan addresses the complete mining life cycle. By studying this book, you will experience the ‘living plan’ of a mine and see how extraction and the processing of minerals are constantly adjusted to suit market conditions.’’ He said.
You will also find out that closure is a natural part of every mine’s life cycle and how economics and market forces influence the decision to close a mine.