Introduction The resources industry A quick guide to financials Feasibility studies Commodity values and forecasting Resource project considerations Classification of resources and reserves Mining and hydrocarbon recovery Indicative capital and operating costs Hedging commodities and exchange rates Taxation, depreciation, royalties and exploration standards Valuation and pricing techniques Quantifying the risk Cut-off grade theory and practice Share price performance Impact of exploration and expansion Determining the appropriate discount rate Dealing with inflation Agricola mining - a hypothetical example Commodity profiles Sources of information Australian Native Title Royalty rates Economic geology primer Project details Exchanges rates and CPI Continuous discounting and annuities Abbreviations, conversions and energy factors