Commodity price is an important factor for mining companies, as price volatility is a key parameter for mining project evaluation and investment decision making. The conventional discounted cash flow (DCF) methods are broadly used for mining project valuations, however, based on commodity price...

Applying a discounted cash flow (DCF) methodology in the determination of a mining project’s value is well understood and is typically the evaluation method of choice. This method is often applied in conjunction with the derivation of other specific indicators including a net present value...

This book examines existing mineral fiscal policies covering income taxation, royalties, free carried and participative (community and government) interests and also highlights the impacts of these policies on the feasibility of mineral projects as well as on revenue and other benefits to the...

The global gold market has recently attracted a lot of attention and the price of gold is relatively higher than its historical trend. For mining companies to mitigate risk and uncertainty in gold price fluctuations, make hedging, future investment and evaluation decisions, depend on forecasting...

The global gold market has recently attracted a lot of attention and the price of gold is relatively higher than its historical trend. For mining companies to mitigate risk and uncertainty in gold price fluctuations, make hedging, future investment and evaluation decisions, depend on forecasting...

Crude oil, coal and gas are the main resources for world energy supply. The size of fossil fuel reserves and the dilemma that "when non-renewable energy will be diminished" is a fundamental and doubtful question that needs to be answered. This paper presents a new formula for calculating when...