Economic Analysis for U.S. Geological Survey Coal Basin Assessments

Open-File Report 2019-1082



This report presents economic principles and applications as they pertain to the U.S. Geological Survey’s U.S. Coal Resources and Reserves Assessment Project. This report compares commercial and governmental applications of economic principles and evaluation techniques. Common practices are described for evaluating the commercial investment potential of coal properties and calculating the government reserve potential of major U.S. coal basins. This report discusses economic principles that are applicable to typical mining feasibility studies as well as those categories and cost items that are often misused.

Suggested Citation

Pierce, P.E., 2019, Economic analysis for U.S. Geological Survey coal basin assessments: U.S. Geological Survey Open-File Report 2019–1082, 33 p.,

ISSN: 2331-1258 (online)

Study Area

Table of Contents

  • Abstract
  • Introduction
  • Coal Resources, Mining Methods, and Modeling
  • Money Value Concepts
  • Cost Estimating Components
  • U.S. Geological Survey Evaluation Approach
  • Summary
  • References Cited
  • Glossary
  • Appendix 1. Quality Control
  • Appendix 2. Alternative Depreciation System Methods
Publication type Report
Publication Subtype USGS Numbered Series
Title Economic analysis for U.S. Geological Survey Coal Basin Assessments
Series title Open-File Report
Series number 2019-1082
DOI 10.3133/ofr20191082
Year Published 2019
Language English
Publisher U.S. Geological Survey
Publisher location Reston, VA
Contributing office(s) Central Energy Resources Science Center
Description v, 33 p.
Country United States
Online Only (Y/N) Y
Google Analytic Metrics Metrics page
Additional publication details