Document Type

Working Paper

Publication Date

1999

College/Unit

Regional Research Institute

Document Number

Working Paper #9911

Department/Program/Center

Regional Research Institute

Abstract

Identifying high value areas of unmined coal when large quantities of coal are available relative to annual markets is difficult because of the uncertainty of when the coal is to be mined. A GIS based methodology developed to value reserve coal in a producing coal region for the purpose of ad valorem taxation also identifies high value areas for mining investment. The methodology is unique in that it accounts for most mining, environmental, and market factors to determine when specific properties are to be mined The methodology and database are useful for directing regional exploration and acquisition activities toward most favorable areas.

Share

COinS