Hotelling’s Rule Verification of a Mining Project
Pricope Sorin *
University of Petroșani, Petroșani, Romania.
*Author to whom correspondence should be addressed.
Abstract
On the basis of a real (confidential) mining project data the Hotelling’s rule fitting is verified and a new production schedule is proposed, which better fulfill the Hotelling rate rule than the previously program published by the investor. The intertemporal influences in project duration period are analyzed.