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Comparison of cost structures at selected U.S. and Colombian coal mines.
Yancik JJ; Fraser SJ
Nat Resour Forum 1988 May; 12(2):129-136
This Bureau of Mines paper summarizes a study designed to measure the differences in production costs at certain U.S. and Colombian coal mines and to identify those factors, including mine health, safety, and environmental requirements, that account for the difference. Meaningful cost-structure comparisons required that mines with similar geology, techniques, and sizes be evaluated in each country. Standard engineering estimating techniques were used to develop costs at three roughly matched pairs of mines, one from each country. Tax and labor cost differences were found to be more important factors than regulatory differences in the cost advantage of the colombian mines in each set.
Issue of Publication
Natural Resources Forum
Page last reviewed: November 19, 2021
Content source: National Institute for Occupational Safety and Health Education and Information Division