One of the features which distinguish a mining enterprise from many other businesses is that during production, the company's asset (for example, the ore) is progressively consumed. Someday, the assets of the mine will be gone; hence, a mine is referred to as a wasting asset. This has important implications for the justification of allocating capital to any new mining project.

The time value of money plays an important role in evaluating mining operations. To put it simply, the annual profits generated by a mine must be sufficient to pay back (within a reasonable time) the money invested in the mine.  Wert-Berater, Inc.’s mining economists work for our client's estimate the "payback period" in what is called a study of feasibility. 

Wert-Berater, Inc. is staffed with P.E. engineers, geologists, economic experts and financial analysts who provide all levels of pre-feasibility and complete feasibility studies for investor and compliance needs.