- Confidential Client
- United States
- Our Role
- Mining, Exploration.
- 2 years 2 months
Determined the value of marble reserves in accordance with Georgia state law
As an expert witness, successfully defended the marble valuation in court.
Gannett Fleming provided an independent market value summary of marble and ground calcium carbonate on an in situ per-ton basis for a multinational mining company as part of litigation support services. The marble was located on land jointly owned by the mining company and another party. On the basis of our professional experience, skill, training, and knowledge of the mining industry, our firm’s team determined the value of the marble at the mouth of the mine minus extraction costs and a reasonable profit.
Evaluation to determine the value of minerals extracted from property owned by tenants in common
Independent market value summary of marble, ground calcium carbonate, on a per-ton basis as part of litigation support services
Conclusion was a valuation of minerals at the mouth of the mine minus extraction costs and a reasonable profit in accordance with Georgia state law.