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Here is an overview of the main valuation methods used in the industry: Price to Net Asset Value (P/NAV) Price to Cash Flow (P/CF) Total Acquisition Cost (TAC) EV/Resource ($/ounce) P/NAV. Price to net asset value (P/NAV) is the most important mining valuation metric, period.
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Surface mining is used when ore deposits lie relatively near the Earth's surface. There are 3 types of surface mining: open pit, strip and quarrying. Open pits and quarries are very similar (quarries are generally for mining rock like granite) they tend to look like inverted stepped pyramids.
DIAMOND MINING AND THE ENVIRONMENT FACT SHEET
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