Impact of development strategies on the value of underground mining projects

Bryan Maybee, Paul Dunn, Sean Dessureault, David Robinson

Research output: Contribution to journalArticle

3 Scopus citations

Abstract

Creating maximum value for shareholders within the underground mine planning process under varying economic and technical factors has become a reality. Since a single orebody can be accessed and developed in many ways, the different capital investment strategies used will have various implications on the value that is recognised. This paper illustrates the complexity that must be taken into account when evaluating different mining alternatives, and demonstrates the importance of the access development strategy to the calculation of project value. Through this investigation, the issues faced in applying different valuation techniques to mining projects are identified.

Original languageEnglish (US)
Pages (from-to)219-231
Number of pages13
JournalInternational Journal of Mining and Mineral Engineering
Volume1
Issue number3
DOIs
StatePublished - Jan 1 2009

Keywords

  • DCFs
  • ROs
  • development strategies
  • discounted cash flows
  • flexibility
  • mine planning
  • real options
  • uncertainty recognition
  • valuation of mining projects

ASJC Scopus subject areas

  • Geotechnical Engineering and Engineering Geology
  • Industrial and Manufacturing Engineering

Fingerprint Dive into the research topics of 'Impact of development strategies on the value of underground mining projects'. Together they form a unique fingerprint.

  • Cite this