Metals And Energy Finance: Advanced Textbook On The Evaluation Of Mineral And Energy ProjectsGiven the design component it involves, financial engineering should be considered equal to conventional engineering. By adopting this complementary approach, financial models can be used to identify how and why timing is critical in optimizing return on investment and to demonstrate how financial engineering can enhance returns to investors. Metals and Energy Finance capitalizes on this approach, and identifies and examines the investment opportunities offered across the extractive industry's cycle, from exploration through evaluation, pre-production development, development and production. The textbook also addresses the similarities of a range of natural resource projects, whether minerals or petroleum, while at the same time identifying their key differences.This innovative textbook is clear and concise in its approach, and is illustrated throughout with case studies and exercises used at professional training sessions. As the sum of 45 years' international experience in industry and teaching mining geology, mineral exploration and mineral project appraisal, Metals and Energy Finance will be invaluable to both professionals and graduate students working in the field of mineral and petroleum business management. |
Contents
Chapter 1 Extractive Industry Finance and Mineral Economics | 1 |
Management and Business | 9 |
Mineral and Petroleum Geosciences | 69 |
Project Evaluation | 113 |
Quantitative Finance | 173 |
197 | |
199 | |
Other editions - View all
Metals and Energy Finance: Advanced Textbook on the Evaluation of Mineral ... Dennis L. Buchanan No preview available - 2016 |
Metals and Energy Finance: Advanced Textbook on the Evaluation of Mineral ... Dennis L. Buchanan No preview available - 2016 |
Common terms and phrases
assets associated Bre-X Bushveld Complex Capex capital cost cash flows chromite coal complex copper cost of capital cost of equity crystallisation cut-off grade DCF model dilution discount rate drilling economic estimation evaluation exploration extraction feasibility study ferrochromium financial engineering financial model FTFS funding gearing geological geostatistics gold hydrocarbons illustrated in Figure ilmenite impact investment iron junior kerogen loan longwall mafic magnetite major MC simulation Merensky Reef metal prices methane mineral deposit mineral project mineralisation mining companies mining operation monazite natural resource nickel normally oil price OpCosts open pit operating costs optimisation option petroleum petroleum project plant recovery Platreef pre-feasibility present value production project finance ramp-up reserve reservoir revenue risk rock samples scenario Section shale South Africa stage sulphide technical tion tonnage tonnes TSX Venture Exchange uncertainty underground valuation variables variogram volatility WACC Wytch Farm