Evaluating investment projects in mining industry by combining discount method and real option valuation

被引:0
|
作者
Stojanovic, Cvjetko [1 ]
机构
[1] ZP Rudnik & TermoelektranaUgljevik Ad, Ugljevik, Bosnia & Herceg
关键词
Methods; investment projects; economic evaluation; mining;
D O I
暂无
中图分类号
P [天文学、地球科学];
学科分类号
07 ;
摘要
Modern specialised literature and business practice differentiate an increasing number of methods for evaluating investment projects, but the majority of authors adopted the general division onto non-discount (classical, traditional) methods, discount methods, and methods for preliminary project evaluation. Evaluation results are the basis for making positive or negative investment decisions. This paper provides an overview of the dynamic methods for evaluating investment projects in mining industry as well as the examples of their application in practice.
引用
收藏
页码:217 / 225
页数:9
相关论文
共 50 条
  • [31] Economic Valuation of Demand Response Programs Using Real Option Valuation Method
    Fayaz-Heidari, Amir
    Fotuhi-Firuzabad, Mahmud
    Ghorani, Rahim
    2019 27TH IRANIAN CONFERENCE ON ELECTRICAL ENGINEERING (ICEE 2019), 2019, : 685 - 691
  • [32] A real option based model for the valuation of patent protected technological innovation projects
    Daniel Hernandez-Garcia, Roberto
    Guemes-Castorena, David
    Estefania Ponce-Jaramillo, Idalia
    WORLD PATENT INFORMATION, 2018, 53 : 24 - 38
  • [33] A Real Option Based Model for the Valuation of Patent Protected Technological Innovation Projects
    Hernandez-Garcia, Daniel
    Guemes-Castorena, David
    Ponce Jaramillo, Idalia
    2017 PORTLAND INTERNATIONAL CONFERENCE ON MANAGEMENT OF ENGINEERING AND TECHNOLOGY (PICMET), 2017,
  • [34] A two-stage investment game in real option analysis on IS/IT projects
    Zhang, Lingying
    Zheng, Shuling
    2009 INTERNATIONAL CONFERENCE ON INFORMATION MANAGEMENT, INNOVATION MANAGEMENT AND INDUSTRIAL ENGINEERING, VOL 2, PROCEEDINGS, 2009, : 425 - +
  • [35] Flexibility to switch project size: A real option application for photovoltaic investment valuation
    Biancardi, Marta
    Bufalo, Michele
    Di Bari, Antonio
    Villani, Giovanni
    COMMUNICATIONS IN NONLINEAR SCIENCE AND NUMERICAL SIMULATION, 2023, 116
  • [36] A real option approach for the valuation of switching output flexibility in residential property investment
    Mintah, Kwabena
    Higgins, David
    Callanan, Judith
    JOURNAL OF FINANCIAL MANAGEMENT OF PROPERTY AND CONSTRUCTION, 2018, 23 (02) : 133 - 151
  • [37] Possibilistic fuzzy pay-off method for real option valuation with application to research and development investment analysis
    Stoklasa, Jan
    Luukka, Pasi
    Collan, Mikael
    FUZZY SETS AND SYSTEMS, 2021, 409 : 153 - 169
  • [38] Study on the Timing of Investment Decision of Real Estate Projects Based on the Real Option Theory
    Yang, Yang
    Tan, Huashan
    PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON LOGISTICS, ENGINEERING, MANAGEMENT AND COMPUTER SCIENCE, 2014, 101 : 410 - 413
  • [39] A Fuzzy Pay-Off Method for Real Option Valuation
    Collan, Mikael
    Fuller, Robert
    Mezei, Jozsef
    2009 INTERNATIONAL CONFERENCE ON BUSINESS INTELLIGENCE AND FINANCIAL ENGINEERING, PROCEEDINGS, 2009, : 165 - 169
  • [40] Real Option Valuation in a Gollier/Weitzman World: The Effect of Long-Run Discount Rate Uncertainty
    Tandja, Djerry C. M.
    Power, Gabriel J.
    Bastien, Josee
    ENERGY JOURNAL, 2018, 39 (05): : 21 - 53