This paper presents a literature review of the academic literature that covers real option
analysis in the context of metal mining investments. Real options are of growing importance …

Nowadays mining projects are seeking new versions of evaluation that are based on the
flexibility in the project. Real option valuation (ROV) is one of the modern evaluation …

Commodity price is an important factor for mining companies, as price volatility is a key
parameter for mining project evaluation and investment decision making. The conventional …

Cash flows generated by mining projects tend to be volatile and are extensively influenced
by exogenous variables, notably commodity prices and exchange rates. The traditional …

Investments in the mining and minerals industry are considered to be risky. The major
challenge of project evaluation is how to deal with the uncertainty involved in capital …

This case study presents an application of the Real Options approach to evaluate a farming
enterprise under sugarcane in the lower Herbert district of north Queensland, Australia. It …

Cash flows generated from mining projects are typically highly volatile and significantly
influenced by a number of exogenous factors including commodity price as one of the most …

One of the goals presented here is the use of a radial basis function (RBF) method to
approximate the numerical values of a gold mining project. RBFs have many attractive …

Besonderer Dank gilt meinen Gesprächspartnern im Rahmen der Fallstudien und deren
Unternehmen. Ohne ihre Offenheit und Bereitschaft, auch unangenehme Fragen …

Taking into account the recent worldwide strive for raw materials, the emergence of start-ups
in the mining sector for rare metals, and tendencies of financial and strategic investors to …