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Mark M. Khaykin
Mark M. Khaykin
Head of Department, Ph.D., Dr.Sci.
Saint Petersburg Mining University
Head of Department, Ph.D., Dr.Sci.
Saint Petersburg Mining University

Articles

Economic Geology
  • Date submitted
    2022-05-03
  • Date accepted
    2022-11-22
  • Date published
    2023-02-27

Development of methodology for scenario analysis of investment projects of enterprises of the mineral resource complex

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Theoretical and applied aspects of scenario analysis of investment projects of enterprises in the mineral resource sector of the economy are considered, its advantages and disadvantages are analyzed. Taking into account the organizational and economic features of mineral resources management, a number of new modifications of the scenario analysis method, aimed at solving an urgent problem - reducing the information uncertainty in assessing the expected efficiency and risk of investment projects, are proposed. The peculiarity of the proposed new modifications is the use of the interval-probabilistic approach in the implementation of the scenario analysis procedure. This approach is based on a moderately pessimistic system of preferences in obtaining point values of the investment project initial parameters. Fishburn estimates and the hierarchy analysis method were used to reduce subjective uncertainty. The maximum likelihood values in the sense of the maximum a priori probability are used as expected estimates. An additional indicator of risk assessment, which characterizes the probability of the event that the net present value of the project will take a value less than the specified one, is proposed. When analyzing one project, this indicator is more informative than the standard deviation. A statistical hypothesis was tested on the improvement of the validity of investment decisions developed using the modified scenario analysis method compared to the standard method.

How to cite: Matrokhina K.V., Trofimets V.Y., Mazakov E.B., Makhovikov A.B., Khaykin M.M. Development of methodology for scenario analysis of investment projects of enterprises of the mineral resource complex // Journal of Mining Institute. 2023. Vol. 259. p. 112-124. DOI: 10.31897/PMI.2023.3
Economic Geology
  • Date submitted
    2022-03-09
  • Date accepted
    2022-11-17
  • Date published
    2023-02-27

Development of methodology for economic evaluation of land plots for the extraction and processing of solid minerals

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The Russian economy has a pronounced resource specialization; in many regions, subsoil use is a backbone or one of the main areas of the economy. In these conditions, the improvement of the methodology for the economic evaluation of lands on which mining enterprises are located is of particular relevance. On the basis of the existing experience in assessing industrial land, the authors present a developed methodology for determining the cadastral value of land plots where mining enterprises are located, taking into account their industry characteristics and the specifics of production and commercial activities. At the same time, cadastral valuation is considered as a specific form of economic valuation. Particular emphasis is placed on the importance of taking into account the cost factors that have the greatest impact on the formation of the cost of land for the extraction and processing of solid minerals, and the method of assessment depending on the characteristics of the object. To carry out theoretical research, the methods of analysis and synthesis of legal and scientific and technical literature in the field of cadastral and market valuation of land were used in the work. The practical part is based on the application of expert methods, including the method of analysis of hierarchies, system and logical analysis. The method of M.A.Svitelskaya was chosen as the basis, which presents a combination of modified methods of statistical (regression) modeling and modeling based on specific indicators of cadastral value. The use of this technique in economic practice contributes to increasing the efficiency of cadastral valuation and the objectivity of its results.

How to cite: Bykowa E.N., Khaykin М.М., Shabaeva Y.I., Beloborodova М.D. Development of methodology for economic evaluation of land plots for the extraction and processing of solid minerals // Journal of Mining Institute. 2023. Vol. 259. p. 52-67. DOI: 10.31897/PMI.2023.6
Geoeconomics and Management
  • Date submitted
    2016-09-14
  • Date accepted
    2016-10-28
  • Date published
    2017-02-26

Formation and development of theoretical principles for mineral resources logistics

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Market transformations in Russia became foundations for formation and development of a new scientific and practical field in economics – logistics. Out of more than 30 existing definitions of logistics the authors according to their opinion have chosen the most appropriate. Logistics of mineral resources should be attributed to production (industrial) logistics. It is a proven fact that processes of supply chain management in mining industry and its infrastructure in the framework of mineral resources chain have some fundamental distinctions. Importance of material resources recycling in theory and practice of mineral resources logistics has been highlighted. Special features of merchandise assortment and classifications in the mining industry have been examined in conjunction with substantial contents of material flow. Special consideration has been given to relevant issues in the field of price formation for mining produce, in the view of specific relations between its costs and logistic procurement of the industry. Moreover, questions of inventory control in the mining industry, activity of commodity exchanges, management of mining logistics system have been addressed.

How to cite: Plotkin B.K., Khaikin M.M. Formation and development of theoretical principles for mineral resources logistics // Journal of Mining Institute. 2017. Vol. 223. p. 139. DOI: 10.18454/PMI.2017.1.139
Geoeconomics and Management
  • Date submitted
    2014-09-05
  • Date accepted
    2014-11-04
  • Date published
    2015-03-01

Subsoil use within the context of the modern economic theory development

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Essence of the economic system of subsoil use is examined: its maintenance, elements; fea-tures in the conditions of the mixed economy. The special accent is done on the evolution of eco-nomic theory and role of the state as a basic regulator of activity of all managing subjects working in the field of raw mineral-material complex and its infrastructure. An author shows the role of modern economic theory as a science in development and substantiation of principles of function-ing of the territorial-economic system of subsoil use, both from general theoretical and practical point of view.

How to cite: Khaikin M.M. Subsoil use within the context of the modern economic theory development // Journal of Mining Institute. 2015. Vol. 213. p. 100.
Rational subsurface use: theory, methodology, practice
  • Date submitted
    2013-08-28
  • Date accepted
    2013-10-24
  • Date published
    2014-02-01

Branch approach to training of specialists in the field of the public and municipal administration for resource-extraction

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In the conditions of pronounced raw specialization of the vast majority of regions of Russia relevance of training of specialists in the field of the public and municipal administration of «mountain orientation» increases. Due to the acute shortage on a labor market of similar experts, according to the author, their delivery can be carried out by forces of Public Educational Institution of Higher Professional Training National Mineral and Raw University Gorny.

How to cite: Khaikin M.M. Branch approach to training of specialists in the field of the public and municipal administration for resource-extraction // Journal of Mining Institute. 2014. Vol. 208. p. 81.
Organizational and economic problems of innovative development of a mineral and raw complex
  • Date submitted
    2012-12-04
  • Date accepted
    2013-02-15
  • Date published
    2013-06-01

The interaction of the cluster with the determinantsof competitive advantage petrochemical industry of the Omsk region

Article preview

To improve the competitiveness of the petrochemical industry of the Omsk region and the further successful development requires the creation of a dynamic cluster, the network operates on the basis of long-term relationships as well as the coherence of development strategies and interaction determinants of competitive advantages.

How to cite: Khaikin M.M., Kudryashov V.S. The interaction of the cluster with the determinantsof competitive advantage petrochemical industry of the Omsk region // Journal of Mining Institute. 2013. Vol. 205. p. 271.
Economic problems and prospects of mineral and raw material sector of Russia
  • Date submitted
    2011-09-27
  • Date accepted
    2011-11-02
  • Date published
    2012-03-01

Topical issues of russian mechanical engineering in condition of Russia’s transition to the innovation-driven economy

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The development problems of domestic mechanical engineering at the stage of its modernization are considered in the article. It is noted that the Russian economy transition to the innovative way of development is impossible without a deep modernization  of engineering as a core industry. Authors reveal the reasons for machinery-producing industry degradation, suggest reasonable measures to bring the industry out of the deep protracted crisis such as a more active industrial policy, increase in investment, including research and development, increasing the level of specialization in production, skills training etc.

How to cite: Makovskii A.M., Barsukov D.P., Khaikin M.M. Topical issues of russian mechanical engineering in condition of Russia’s transition to the innovation-driven economy // Journal of Mining Institute. 2012. Vol. 197. p. 84.
Economic problems and prospects of mineral and raw material sector of Russia
  • Date submitted
    2011-09-15
  • Date accepted
    2011-11-12
  • Date published
    2012-03-01

Industrial scale influence on formation оf the structure and the development strategy of the company

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In the article the issues of improving the efficiency of domestic production with the different sizes of production capacity are considered. Indicators that characterize the size of production capacity and reflect the efficiency of its use are given. Authors carry out a comprehensive analysis of the A.D. Chandler’s concept and its practical application. The main goal is to develop standards for characterizing the minimum allowable size of the production for different  industries.

How to cite: Makovskii A.M., Gavrilov A.N., Khaikin M.M. Industrial scale influence on formation оf the structure and the development strategy of the company // Journal of Mining Institute. 2012. Vol. 197. p. 90.