Determination of investment efficiency at realization of ore quarry projects
About authors
- 1 — G.V. Plekhanov Saint Petersburg State Mining Institute
- 2 — G.V. Plekhanov Saint Petersburg State Mining Institute
- 3 — G.V. Plekhanov Saint Petersburg State Mining Institute
Abstract
On an international level, economic assessment of deposits is done through dynamic methods which take the time factor for investments and returns, i.e. the time value of money, into account and are based on compound interest formulae. The economic benefit of mining enterprise and investment's attractiveness indicated by net present value and internal return rate in dynamic investment forecast model. This study will only deal with simple cash flow calculations a geologist or mining engineer will have to make in the prefeasibility stage of a project in order to establish whether an exploration project worth pursuing.
Similar articles
Development of a new manufacturing technology for powdered EVB
2009 Wan Syui-Guan, Li Chzhigo, Kan' Tinchzhan, Chzhan' Syaochzhi, Li Zydyan
Low-waste and environmental technology of mining of minerals at quarries with the help of hydraulic hammers
2009 G. A. Kholodnyakov, D. N. Ligotskiy, A. V. Polovinko
Method of structural-geological forecast at processing of space images in the task of optimization of search for mineral deposits
2009 I. B. Movchan, A. A. Yakovleva