Optimum Life of a Resource Depleting Project

The American Institute of Mining, Metallurgical, and Petroleum Engineers
J. A. Corbyn
Organization:
The American Institute of Mining, Metallurgical, and Petroleum Engineers
Pages:
8
File Size:
477 KB
Publication Date:
Jan 1, 1985

Abstract

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An analysts of mining investment from the point of view of financial optimization is presented. The method uses differential equations to describe financial performance rather than the more usual method of modeling mine accounts from year to year. The analysis shows there is a optimum mine life that can be easily determined if certain simplifications are made. Tables are given to facilitate computation of the optimum life.
Citation

APA: J. A. Corbyn  (1985)  Optimum Life of a Resource Depleting Project

MLA: J. A. Corbyn Optimum Life of a Resource Depleting Project. The American Institute of Mining, Metallurgical, and Petroleum Engineers, 1985.

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