The Determinants of Stock Price Exposure in Mining and Extractive Industries
An Analysis of the Oil Industry. The purpose of this paper is to establish the validity of Tufanos (1998) stock price exposure model for gold mining firms to other industries which involve the extraction or mining of commodities. Firms that operate in such industries are likely to have similar operating and market risks. This suggests that market and production factors will be jointly important to all firms, not just the gold mining industry. As predicted by Tufano (1998), an application of the model to the global oil industry provides evidence of a negative role for crude oil prices, crude oil
A Brief History of Mining Operations in Pima County
A Brief History of Gold Mining in the Greaterville Mining District Since 1873
©2000, Gordon Harnack Background In the 1540\'s, the Spanish explorer Francisco Vásquez de Coronado entered Arizona from Spanish Mexico in search of rumored gold laden Seven Cities of Cibola. Since the rumor of those cities was false, Coronado found no cities of gold; in fact, he did not even find a single nugget! Coronados failure was costly, he was never paid for the costs associated with the expedition, never given another expedition and died with the reputation of a failure throughout Mexico.1 Coronados failure to find even a
Mining Royalties - ISBN: 0821365029
DIRECTIONS IN DEVELOPMENT
Energy and Mining
Mining Royalties
A Global Study of Their Impact on Investors, Government, and Civil Society
James Otto, Craig Andrews, Fred Cawood, Michael Doggett, Pietro Guj, Frank Stermole, John Stermole, and John Tilton
Mining Royalties
Mining Royalties
A Global Study of Their Impact on Investors, Government, and Civil Society
James Otto Craig Andrews Fred Cawood Michael Doggett Pietro Guj Frank Stermole John Stermole John Tilton
©2006 The International Bank for Reconstruction and Development / The World Bank 1818 H Street NW Washington DC 20433 Telephone: 202-473-1000 Internet: www.worldbank.org E-mail: feedback@worldbank.org All rights reserved 1 2 3 4 5 09 08 07 06 This volume is
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