2. Preliminary Economic Evaluation of Coal Mine Feasibility ? Introduction

This chapter describes the development of a computer code which rapidly estimates the cost of producing coal from either surface or underground mining situations. The computer code, termed the coal production cost (CPC) code, was developed under an NUS corporate research grant and was based on the findings of several coal mining and cost research analyses performed by NUS over a three-year period. The studies which served as the primary basis for the CPC code were the coal mining cost models developed by NUS for the Electric Power Research Institute. These models were designed for use in manual analyses and have been published by EPRI (Toth, 1977; and Stinnett, 1977).