Explore on calculation method of potential value of mineral resources

Many studies have been done in the area of natural resource economy. Based on the previous research and practical experiences, this paper is presented a new definition of potential value of mineral resource. The new idea of calculation method of potential mineral resource is given, combined with some value coefficients of different exploration stages, different recovery difficulties and different reference prices. The new method could be more practical and much closer to the real value of potential mineral resource.