Mining: A Business For Professionals Only

Risk capital for mining ventures becomes harder to get each year as the costs for exploration, construction and money continue to skyrocket in today's inflationary economy. Because of this and because mining prospects must compete for the same dollar as many other needs of a diversified company, then the success or failure of any new proposal depends on how well its return on investment compares with all other capital requests. Mr. Kruger presents case histories showing what it costs to explore for new mines, how many of these prospects reward their promoters with success and how well some of the more famous mines have paid off.