Valuing quarry sites through capitalisation of private parties royalties

Damigos, D; Menegaki, M

dc.contributor.author	Damigos, D	en
dc.contributor.author	Menegaki, M	en
dc.date.accessioned	2014-03-01T02:04:20Z
dc.date.available	2014-03-01T02:04:20Z
dc.date.issued	2011	en
dc.identifier.issn	03717844	en
dc.identifier.uri	https://dspace.lib.ntua.gr/xmlui/handle/123456789/29420
dc.subject	Economic rent	en
dc.subject	Private royalties	en
dc.subject	Quarry valuation	en
dc.subject.other	Economic rent	en
dc.subject.other	Private royalties	en
dc.subject.other	Earnings	en
dc.subject.other	Taxation	en
dc.subject.other	Quarries	en
dc.title	Valuing quarry sites through capitalisation of private parties royalties	en
heal.type	journalArticle	en
heal.identifier.primary	10.1179/1743286311Y.0000000008	en
heal.identifier.secondary	http://dx.doi.org/10.1179/1743286311Y.0000000008	en
heal.publicationDate	2011	en
heal.abstract	In recent decades, the effectiveness of royalties as a mechanism capable of capturing true economic rents is one of the most debatable issues for the mining industry worldwide. So far, the main interest in the literature lies in royalties as a form of mining taxation. This paper, however, focuses on the use of private royalties for the valuation of an aggregate quarry site, in Greece, which is made up of the value of the royalty income stream to the landowner. Defining a fair royalty for the seller as well as the purchaser was a mostly challenging issue, and although referred to as a specific case study, the analysis provides a useful insight for mining practitioners involved in quarry valuation. © 2011 Institute of Materials, Minerals and Mining.	en
heal.journalName	Transactions of the Institutions of Mining and Metallurgy, Section A: Mining Technology	en
dc.identifier.doi	10.1179/1743286311Y.0000000008	en
dc.identifier.volume	120	en
dc.identifier.issue	4	en
dc.identifier.spage	241	en
dc.identifier.epage	245	en