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
  • [41] Valuation of Compound Real Options for Investments in Innovative Projects in Pharmaceutical Industry
    Baranov, Alexander
    Muzyko, Elena
    22ND INTERNATIONAL ECONOMIC CONFERENCE OF SIBIU 2015, IECS 2015 ECONOMIC PROSPECTS IN THE CONTEXT OF GROWING GLOBAL AND REGIONAL INTERDEPENDENCIES, 2015, 27 : 116 - 125
  • [42] Evaluation method of investment based on real option analysis
    Malyshev, Ye. A.
    Podoynitsyn, R. G.
    EKONOMIKA REGIONA-ECONOMY OF REGION, 2013, 1 : 198 - 204
  • [43] Evaluation of Innovation Investment through Real Option Method
    Liu Chao
    Liu Bin
    ADVANCES IN MANAGEMENT OF TECHNOLOGY, PT 2, 2009, : 267 - +
  • [44] Evaluating Demand Guarantee for PPP Projects by Real-Option Pricing
    Chu, Xiaoling
    Wang, Shouqing
    Feng, Ke
    ICCREM 2017: PREFABRICATED BUILDINGS, INDUSTRIALIZED CONSTRUCTION, AND PUBLIC-PRIVATE PARTNERSHIPS, 2017, : 155 - 162
  • [45] The Application of Real Option Method for Investment Decision of Real Estate Project
    Wang, Zhen
    PROCEEDINGS OF THE INTERNATIONAL CONFERENCE ON EDUCATION, MANAGEMENT, COMMERCE AND SOCIETY, 2015, 17 : 11 - 15
  • [46] Solar Energy Investment Valuation With Intuitionistic Fuzzy Trinomial Lattice Real Option Model
    Ersen, Huseyin Y.
    Tas, Oktay
    Ugurlu, Umut
    IEEE TRANSACTIONS ON ENGINEERING MANAGEMENT, 2023, 70 (07) : 2584 - 2593
  • [47] Financial Valuation of Production Diversification in the Steel Industry Using Real Option Theory
    Rebiasz, Bogdan
    Gawel, Bartlomiej
    Skalna, Iwona
    INFORMATION SYSTEMS ARCHITECTURE AND TECHNOLOGY, ISAT 2018, PT III, 2019, 854 : 323 - 332
  • [48] Valuation of Procurement Flexibility in the Machinery and Equipment Industry Using the Real Option Approach
    Kleinert, Alexander
    Stich, Volker
    ENTERPRISE ARCHITECTURE, INTEGRATION AND INTEROPERABILITY, 2010, 326 : 21 - 31
  • [49] The application of real option valuation techniques in the cellular telecommunication industry in South Africa
    Mkhize, M.
    Moja, N.
    SOUTH AFRICAN JOURNAL OF BUSINESS MANAGEMENT, 2009, 40 (03) : 1 - 19
  • [50] Application of Real Options on the Decision-Making of Mining Investment Projects Using the System Dynamics Method
    Liu, Di
    Li, Guoqing
    Hu, Nailian
    Ma, Zhaoyang
    IEEE ACCESS, 2019, 7 : 46785 - 46795