Nowadays mining projects are seeking new versions of evaluation that are based on the flexibility in the project. Real option valuation (ROV) is one of the modern evaluation methods that provides a tool to adapt and revise mining projects under uncertainty and future variable movements. Most evaluation approaches simply assume that some variables are fixed, such as production rate, variable cost, fixed cost and lifetime of project. The first section of this paper reviews a comprehensive study of ROV in mining projects. The paper then introduces a new model that solves problems where previous methods lacked. The new method endeavours to find maximum mining project value by adding total cost as a function of production rate into ROV. The seco...
Identification of opportunities for applying real options (RO) in mining operations is a major chall...
Although the "real option valuation" (ROV) methodology offers extremely valuable insights in optimis...
Cash flows generated by mining projects tend to be volatile and are extensively influenced by exogen...
Nowadays mining projects are seeking new versions of evaluation that are based on the flexibility in...
When long life assets are being evaluated based on constant predictions of future variables and the ...
Open pit mine operations are complex businesses that demand a constant assessment of risk. This is b...
Planning and design procedure of an open pit mining project just can be started after ultimate pit d...
Flexibility and operational adaptability are essential for long term corporate success and real opti...
We provide a valuation framework for mining projects incorporating options to vary mining, processin...
This paper presents the scientific framework underpinning the resource valuation and optimisation mo...
Commodity price is an important factor for mining companies, as price volatility is a key parameter ...
Commodity prices have fallen sharply due to the global financial crisis. This has adversely affected...
Projects in the mining industry are undertaken with the objective of maximizing economic value, whic...
Only a few complex real options can be valued using closed-form equations, such as the Black and Sch...
Cash flows generated from mining projects are typically highly volatile and significantly influenced...
Identification of opportunities for applying real options (RO) in mining operations is a major chall...
Although the "real option valuation" (ROV) methodology offers extremely valuable insights in optimis...
Cash flows generated by mining projects tend to be volatile and are extensively influenced by exogen...
Nowadays mining projects are seeking new versions of evaluation that are based on the flexibility in...
When long life assets are being evaluated based on constant predictions of future variables and the ...
Open pit mine operations are complex businesses that demand a constant assessment of risk. This is b...
Planning and design procedure of an open pit mining project just can be started after ultimate pit d...
Flexibility and operational adaptability are essential for long term corporate success and real opti...
We provide a valuation framework for mining projects incorporating options to vary mining, processin...
This paper presents the scientific framework underpinning the resource valuation and optimisation mo...
Commodity price is an important factor for mining companies, as price volatility is a key parameter ...
Commodity prices have fallen sharply due to the global financial crisis. This has adversely affected...
Projects in the mining industry are undertaken with the objective of maximizing economic value, whic...
Only a few complex real options can be valued using closed-form equations, such as the Black and Sch...
Cash flows generated from mining projects are typically highly volatile and significantly influenced...
Identification of opportunities for applying real options (RO) in mining operations is a major chall...
Although the "real option valuation" (ROV) methodology offers extremely valuable insights in optimis...
Cash flows generated by mining projects tend to be volatile and are extensively influenced by exogen...