Intersector Modeling and Mining

Abstract

Intersector models are efficient mathematical and modeling tools, which are well studied and widely used in economy. It is contradictory that intersector analysis is neglected in mining, especially since no other field has accepted and implemented the application of the model of operation research as mining did. There are not many satisfactory explanations as to why this is so. In order to explain this dilemma, this paper is directed at the peculiarities and characteristics of the intersector analysis, towards observation of its application in the mining industry on the intersector model of the Mining basin of Kolubara, which operates in the system of the Electric Power Industry of Serbia, and demonstrates the implementation and validation of observations and conclusions.