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A cost comparison of selected U.S. and Venezuelan coal mines.
Bureau of Mines; International Trade Administration
Washington, DC: U.S. Department of the Interior, Bureau of Mines, SP 14-94, 1994 May; :1-103
The report also provides a limited analysis of the relative market competitiveness of selected Venezuelan and U.S. steam coal mines in three electric utility markets: New Zealand and the east coast of Florida in the United States, and western Europe. The three Venezuelan mines in the study represent the major coal producing areas, which are in the States of Anzoategui, Tachira, and Zulia. As in the previous studies, the case approach is used, each case comprising selected Venezuelan and U.S. mines. The basic mining cost (made up of capital, operating, land, and tax costs) in the study is the average cost to extract 1 mt of raw coal over the remaining life of the mine. Delivered cost includes the mine-mouth cost of cleaned coal (basic mining cost plus coal preparation and loading costs) and transportation costs. Average mining costs are derived from a discounted cash-flow rate of return (DCFROR) analysis.
Coal mines; International trade; Cost comparison; Venezuela; United States; Coal industry; Economic analysis; Market research; Taxes
Washington, DC: U.S. Department of the Interior, Bureau of Mines, SP 14-94
Page last reviewed: April 12, 2019
Content source: National Institute for Occupational Safety and Health Education and Information Division