Paper Information

Title: 

ECONOMIC EVALUATION OF SARBISHEH BASALT-ANDESITE MINE FOR EXPLOITATION

Type: PAPER
Author(s): ARYAFAR A.*
 
 *
 
Name of Seminar: SYMPOSIUM OF EARTH SCIENCES
Type of Seminar:  SYMPOSIUM
Sponsor:  ORGANIZATION OF GEOLOGICAL OF IRAN
Date:  2006Volume 24
 
 
Abstract: 

The net present value (NPV) is one of the most important methods for economical evaluation of project. In this method the present worth of incomes and costs are calculated.A project with positive NPV is economic.
As a case study, the Sarbisheh basalt-andesit  mine which is located  at the 74 km from southeastern of Birjand and 9 km from east of Sarbisheh is investigated. The access road to mine is Birjand-Nehbandan road.
The 1:500 topography map from area was made and evaluation deposit was done. Then the values of capital investments were calculated. In next step the value of exploitation costs by considering of total production and the scope of other activities were determined. The discounted cash flow (D.C.F) table was accomplished by computing the tax, depreciation, return over and royalty values.
The NPV method, among of different methods, is applied for basalt-andesit mine evaluation. as a result the NPV value obtained 6451918946 (RLS).by considering the evaluating criteria for NPV method (NPV>0), the execution of this project is economical.

 
Keyword(s): ECONOMIC EVALUATION, BASALT, ANDESIT MINE, NET PRESENT VALUE
 
Yearly Visit 25   tarjomyar
 
Latest on Blog
Enter SID Blog