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Support of mining investment choice decisions with the use of multi-criteria method

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  • Sobczyk, Eugeniusz J.
  • Kicki, Jerzy
  • Sobczyk, Wiktoria
  • Szuwarzyński, Marek

Abstract

The article presents the use of Analytic Hierarchy Process (AHP) method for the support of decisions regarding the choice of mining investment. The mining investment, as understood in the analysis conducted in the article is an acquisition of a plant mining zinc and lead ore together with the processing plant producing concentrates of these metals as well as the deposits potentially viable for mining. The subject of analysis consisted of 11 polymetallic ore deposits with different degrees of utilization and mining infrastructure which could be a subject of investment activities in Serbia, Kosovo, Montenegro and Macedonia.

Suggested Citation

  • Sobczyk, Eugeniusz J. & Kicki, Jerzy & Sobczyk, Wiktoria & Szuwarzyński, Marek, 2017. "Support of mining investment choice decisions with the use of multi-criteria method," Resources Policy, Elsevier, vol. 51(C), pages 94-99.
    • Handle: RePEc:eee:jrpoli:v:51:y:2017:i:c:p:94-99
    DOI: 10.1016/j.resourpol.2016.11.012
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    References listed on IDEAS

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    1. Pohekar, S. D. & Ramachandran, M., 2004. "Application of multi-criteria decision making to sustainable energy planning--A review," Renewable and Sustainable Energy Reviews, Elsevier, vol. 8(4), pages 365-381, August.
    2. Yoram Wind & Thomas L. Saaty, 1980. "Marketing Applications of the Analytic Hierarchy Process," Management Science, INFORMS, vol. 26(7), pages 641-658, July.
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    Cited by:

    1. Izabela Jonek-Kowalska & Marian Turek, 2017. "Dependence of Total Production Costs on Production and Infrastructure Parameters in the Polish Hard Coal Mining Industry," Energies, MDPI, vol. 10(10), pages 1-22, September.
    2. Rahimdel, Mohammad Javad & Noferesti, Hossein, 2020. "Investment preferences of Iran's mineral extraction sector with a focus on the productivity of the energy consumption, water and labor force," Resources Policy, Elsevier, vol. 67(C).
    3. Aleksandr Rakhmangulov & Konstantin Burmistrov & Nikita Osintsev, 2022. "Selection of Open-Pit Mining and Technical System’s Sustainable Development Strategies Based on MCDM," Sustainability, MDPI, vol. 14(13), pages 1-31, June.
    4. Jian Min & Jiaojiao Zhu & Jian-Bo Yang, 2020. "The Risk Monitoring of the Financial Ecological Environment in Chinese Outward Foreign Direct Investment Based on a Complex Network," Sustainability, MDPI, vol. 12(22), pages 1-26, November.

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