In the conditions of high rates of inflation it is necessary to provide comparability of expenses for the prospecting works made in different years. The technique of the accounting of inflationary processes in prospecting branch on the basis of statistical methods is developed. The technique allows to provide comparability of expenses occurring at different times for geophysical works, explorative drilling and their results in the conditions of high rates of inflation that increases reliability of planned calculations and reduces risks.

Among the problems associated with improving the efficiency of geological exploration activities, a special place is occupied by the problem of improving the system of economic analysis and planning.

A characteristic feature of the process of development of mineral resources is a long duration of the production cycle, which is usually tens of years.

Until now there is no reasonable system of cost estimation of the results of geological exploration enterprises' activity, which would allow to introduce here full self-support ...