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Principles of Mining: Valuation, Organization and Administration

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About This Book

The author sets out practical guidance for assessing and managing metal lode mines, presenting methods for sampling, assays, and calculating recoverable value alongside geological considerations that affect prospective extension. The book covers planning and executing underground development—tunnels, shafts, levels, stoping, and support—plus selection and maintenance of mechanical equipment for hauling, drainage, and drilling. Economic chapters examine output limits, cost accounting, amortization, labor organization and efficiency, and administrative reporting. Final sections address investment risk and the training, duties, and professional responsibilities of mining engineers, emphasizing the interplay of technical decisions and management in securing profitable operation.

About the Author

Hoover, Herbert portrait

Herbert Hoover

Herbert Hoover was an American engineer, businessman, and politician who served as the 31st President of the United States from 1929 to 1933. Before his presidency, he gained prominence as a mining engineer and wrote extensively on the subject, notably in his work "Principles of Mining: Valuation, Organization and Administration." Hoover's contributions to public service and governance are also reflected in his "State of the Union Addresses," where he articulated his vision for the nation during a time of economic turmoil. His legacy encompasses both his technical expertise and his political endeavors.

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