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The Mining Projects - An Approach in Terms of Particularities of Use the Factor of Production “Capital”

Author

Listed:
  • Sorin-Iuliu Mangu

    (University of Petrosani, Romania)

  • Carmen Daniela Mangu

    (S.C. PETROEVAL S.R.L., Romania)

  • Diana Cornelia Csiminga

    (University of Petrosani, Romania)

Abstract

Regarding the other development projects within an economy, the mining projects (objectified in underground exploitation, day-light exploitation and preparing enterprises) presents specific characters, such as: a great volume of the capital investment; important loss by stopping the invested capital; long period of recouping the invested capital; small rates of profit (or even absent); increased intensity of using the capital factor of production; high value of specific investment. A simple review of these elements determines their contact to the “capital” factor of production. Under these circumstances the given work tries to catch the particular aspects of using the “capital” factor of production in the mining branch.

Suggested Citation

  • Sorin-Iuliu Mangu & Carmen Daniela Mangu & Diana Cornelia Csiminga, 2011. "The Mining Projects - An Approach in Terms of Particularities of Use the Factor of Production “Capital”," Annals of the University of Petrosani, Economics, University of Petrosani, Romania, vol. 11(1), pages 137-144.
    • Handle: RePEc:pet:annals:v:11:y:2011:i:1:p:137-144
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    More about this item

    Keywords

    factor of production; capital; mining industry; mining project; rate of profit; investment; assets; financing;
    All these keywords.

    JEL classification:

    • D24 - Microeconomics - - Production and Organizations - - - Production; Cost; Capital; Capital, Total Factor, and Multifactor Productivity; Capacity

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