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A Study on National Mining Investment Security Analysis for the Overseas Mineral Resources Investment Business  

Ko, Eun-Mi (Department of Earth and Environmental Sciences, Korea University)
Choi, Soen-Gyu (Department of Earth and Environmental Sciences, Korea University)
Kim, Chang-Seong (Department of Earth and Environmental Sciences, Korea University)
Kim, Seong-Yong (Policy Division, Korea Institute of Geoscience and Mineral Resources (KIGAM))
Pak, Sang-Joon (Department of Earth and Environmental Sciences, Korea University)
Publication Information
Economic and Environmental Geology / v.41, no.5, 2008 , pp. 475-484 More about this Journal
Abstract
In this study, we analyzed national mining investment security and country risk, and suggested a new index for exploration and development investment for mining projects in abroad by an analysis of relationship between these grades and mineral resource development investment. For this, potential risks for mining in mineral-rich countries are assessed, and the risk of the exploration and development investment for mining projects is relatively evaluated by OECD country risk. It is noted that countries of the lower ranks in OECD are consistently good agreement with the high grade in Behre Dolbear Group Inc. for favorable mineral exploitation, whereas the higher ranks have shown diverse and high risks for the mining investigation and development. Consequently, it is necessary that assessment of the relationship between mineral resource index and country risk for mining projects to be investigated and developed in future should be applied before business decision of mineral investigation projects in abroad.
Keywords
national mining investment security; OECD country risk; mineral resource index;
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