Study On The Case Based Evaluating Method Of Mining Rights For Coal Resource

Coal is one of the world’s most richest non-renewable fossil energy. In our country aenergy consumption structure, coal accounts for about70%. So in future quite a long time, coalas the main body of the energy status will be stable. But the process of the development of thecoal industry, there are a series of problem, such as: the waste of resources, irrational industrialstructure, science and technology. Theory and practical certificate that the integration of coalresource is an effective way to eliminate backward production capacity, improve resourcesutilization, optimize of industrial layout. In the coal resources integration process, restructuringthe contradiction and the key focus is that the value of coal resources mining right. Therefore,establish and perfect the methods of the coal mining right valuation is particular important forthe rational allocation of coal resources.At present, the market approach is the most can reflect the value of the mining coalresources. This paper analyzes the defects of the market approach. According to the basicprinciple of case decision-making, this paper make a systematic study on mining rightvaluation, aims to establish a set of evaluation method of mining rights. Main work andconclusions are as follows:1) Setting up the basic model of evaluation the mining right of coal resources based oncase.Establishing the basic model on the basis of the relevant concepts defined; Establishingthe index system and evaluation model of the properties of the mining rightsof coal resources,through analysis of the main factors affecting the price of coal resources mining rights.2) Setting up the case selection criteria of mining rights evaluation method.Selecting the appropriate case of assets from the alternative cases, based on the distancebetween the case of assets and the properties of the underlying asset index vector. 3) Setting up case assets similarity model.Applying the euclisean distance to measure the distance between the case of assets andproperty index of the underlying asset vector.The distance reflect the closeness of the case ofassets and the underlying asset, when the underlying asset where the sub-market is relativelystable.In a word, this paper will provide a model estimated the value of mining rights of coalresources, based on the case valuation.