Dvořáček, J, Sousedíková, R, Štěrba, J & Zapletalová, R 2009, 'Forecast of mining companies development with respect to their reclamation duties', in AB Fourie & M Tibbett (eds), Mine Closure 2009: Proceedings of the Fourth International Conference on Mine Closure
, Australian Centre for Geomechanics, Perth, pp. 101-106, https://doi.org/10.36487/ACG_repo/908_5
This paper concerns itself with the financing of reclamation of land in the Czech Republic. By analysing a
sample of 33 mining enterprises it shows that the majority of these firms do not currently have sufficient
funds for financing reclamation activities. The development of reclamation funds depends on whether the
enterprises are on a sound financial footing. To predict the economic development of 33 mining enterprises,
the discriminate analysis method was applied. Nine firms have been selected as being in jeopardy of default.
Further analyses provided the conclusion that four firms out of the nine show that jeopardy of default is
imminent. They have no funds for financing reclamation activities, these costs, if need be, would have to be
covered by the state. Forecasting corporate development can be an efficient tool for the state mining
authorities who regulate provisioning and employment of reclamation funds.
Dvořáček, J., Slivka, V., Vlach, O. and Vaněk, M. (2005) Problematika financováni zahlazování následků hornické
činnosti v zemích EU s rozvinutým hornictvím (Financing Recuperative Action as Regards Mining Damages in
the EU Countries with Developed Mining Industries), VŠB – Technická univerzita Ostrava (VSB-Technical
University of Ostrava), 90 p.
Dvořáček, J., Sousedíková, R. and Domaracká, L. (2008a) Industrial enterprises bankruptcy forecasting,
Metalurgija/Metallurgy, Zagreb, Vol. 47(1), pp. 33–36.
Dvořáček, J., Štěrba, J. and Novotný, K. (2008b) The Financing of Mine Land Rehabilitation in the Czech Republic, In
Proceedings of the Third International Seminar on Mine Closure, Mine Closure 2008, A.B. Fourie, M. Tibbett,
I.M. Weiersbye, P. Dye (eds), 14–17 October 2008, Johannesburg, South Africa, Australian Centre for
Geomechanics, Perth, pp. 161–167.
Koundinya, R., Prasad, D. and Puri, Y.R. (2004) Corporate Failure: A Judgmental Approach to Prediction, University
of Massachusetts Lowell, Working Paper, In: Predicting Corporate Failure: A Comparison of Alternate Models.