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The Mining Valuation Handbook : Mining and Energy Valuation for Investors and Management.

The essential guide to investing in mining opportunities, now in its Fourth EditionA comprehensive guide to mining investment analysis designed for use by financial and mining analysts, executives, and investors, The Mining Valuation Handbook: Mining and Energy Valuation for Investors and Management...

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Detalles Bibliográficos
Clasificación:Libro Electrónico
Autor principal: Rudenno, Victor
Formato: Electrónico eBook
Idioma:Inglés
Publicado: Hoboken : John Wiley & Sons, 2012.
Edición:4th ed.
Temas:
Acceso en línea:Texto completo
Tabla de Contenidos:
  • Cover; Title Page; Table of Contents; Foreword; Dedication; Introduction; Acknowledgements; Chapter 1: The resources industry; What resource companies do; What makes resource companies different from industrials?; Commodity price volatility; Chapter 2: A quick guide to financials; Capital costs; Revenue; Operating costs; Other costs; Depreciation; Taxation; Cash flow; Worked example; Chapter 3: Feasibility studies; Components; Corporate and project debt; When things go wrong; A question of forecasting or best guessing; Chapter 4: Commodity values and forecasting; Commodity price forecasting.
  • Statistical
  • mean reversionFutures; Chapter 5: Resource project considerations; Exploration; Confidence level; Calculating resources; Geostatistical estimation and kriging; Estimating oil and gas resources; Test of wells; Chapter 6: Classification of resources and reserves; Definitions; Diamond exploration; Reporting coal resources and reserves; Reporting oil and gas reserves; Chapter 7: Mining and hydrocarbon recovery; Surface mining; Underground mining; Oil and gas drilling; Marketing; Mineral and hydrocarbon processing; On-site hydrometallurgical recovery.
  • Mineral and metallurgical problemsOil and gas processing; Infrastructure; Smelting and refining; Chapter 8: Indicative capital and operating costs; Indicative capital costs
  • rule of thumb; Indicative operating costs
  • rule of thumb; Gold and platinum; Base metal mining; Offshore mining; Oil and gas; Diamonds; Mineral sands; Iron ore; Chapter 9: Hedging commodities and exchange rates; Exchange-traded futures; Chapter 10: Taxation, depreciation, royalties and accounting standards; Taxation; Government and state/territory royalties; Accounting standards for exploration.
  • Chapter 11: Valuation methodologiesFundamental value; Income approach; Market approach; Cost base approach; Charting, technical analysis and nomograms; Chapter 12: Takeovers and fair value allocation; Takeovers and mergers; Chapter 13: Quantifying the risk; Sensitivity analysis; Probability analysis; Chapter 14: Cutoff grade theory; Initial estimate; Impact on fundamental value; Chapter 15: Share price performance and real options; Value in the ground; Options value; Real options; Chapter 16: Impact of exploration, development and expansion; Valuing an initial discovery; High grade is best.
  • Development time frameDisappearing resource; Project expansion; Chapter 17: Determining the appropriate discount rate; Resource company betas; Capital asset pricing model; Weighted average cost of capital; Chapter 18: Dealing with inflation; Chapter 19: Agricola Mining
  • a hypothetical example; Exploration discovery; Ore reserves and waste; Cutoff grade; Mining schedule; Feasibility study; Fundamental value; Sensitivity analysis; Probability analysis; Chapter 20: Commodity profiles; Aluminium, Alumina and Bauxite; Chromium; Coal; Cobalt; Copper; Diamonds; Gold; Heavy mineral sands; Iron ore.