Valuation of mineral assets. Standards of valuation

Theoretical developments and experiences concerning estimating value of mineral assets, specifying the most important problems in that field were presented in the article. Mineral assets in market economy are a production factor. Value of the mineral assets, including mineral deposits valuation. The goals of estimating the value of the mineral assets. Standards and methods of appraising the value. Legal basis of appraising profession. Valuation codes - POLVAL Code. Specific features of mineral deposits extracted by the open cast method requiring a specific approach impacting real estates' valuation.