Question 3 (8 marks - recommended word limit: 600 words): provide a critical literature review of the four most common non-market economic valuation techniques, describing each technique's strengths and weaknesses, and explain if and how these techniques have been used in similar projects (cases) in the mining industry (nationally and internationally). Equal marks (2 marks) will be given to each of the four techniques discussed in this section. Hints: consider relevant techniques described in relevant lectures and reading materials used in these lectures (for example revealed and stated preference techniques), as well as discussions on these techniques provided in the requested reading lists.

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question 3 8 marks recommended word limit 600 words provide a critical

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Question 3 (8 marks - recommended word limit: 600 words): provide a critical literature review of the four most common non-market economic valuation techniques, describing each technique's strengths and weaknesses, and explain if and how these techniques have been used in similar projects (cases) in the mining industry