ASSESSMENT OF CHANGES IN THE PRICE OF GOLD WITH FEASIBILITY STUDY OF PERMANENT CONDITIONS OF GOLD DEPOSITS INFLUENCING THE FINANCIAL RESULTS OF THE FUTURE ENTERPRISE
The paper deals with the problem of pricing in the technical and economic progress justifying permanent conditions of gold deposits. The object of investigation is theselected gold deposit «N». In this paper, the author concludes that the choice of the price of gold in the feasibility study of condi...
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| Format: | Article |
| Language: | English |
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Kemerovo State University
2014-02-01
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| Series: | Вестник Кемеровского государственного университета |
| Subjects: | |
| Online Access: | https://vestnik.kemsu.ru/jour/article/view/1367 |
| _version_ | 1797781590632300544 |
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| author | K. N. Zuyev |
| author_facet | K. N. Zuyev |
| author_sort | K. N. Zuyev |
| collection | DOAJ |
| description | The paper deals with the problem of pricing in the technical and economic progress justifying permanent conditions of gold deposits. The object of investigation is theselected gold deposit «N». In this paper, the author concludes that the choice of the price of gold in the feasibility study of conditions and putting them on the state account should be dealt with soundly; and some reserves should possibly be found to keep the price below recommended guidelines. Basing on a large empirical material, the author proves that reducing the price of gold by 10 % leads to financial strength of the enterprises increasing by 8 – 10 %, while the NPV at a discount rate of 10 % will increase from 80 million rubles. To 3.609 billion rubles., and ID – from 1.03 to 1.41, with losses of minerals in the region of 5 – 6 %. This will reduce the impact of the risk of falling prices on gold mining, as well as improve their financial condition. |
| first_indexed | 2024-03-12T23:59:17Z |
| format | Article |
| id | doaj.art-b3d989083a074b5fb8a371d8dc23c1bf |
| institution | Directory Open Access Journal |
| issn | 2078-8975 2078-8983 |
| language | English |
| last_indexed | 2024-03-12T23:59:17Z |
| publishDate | 2014-02-01 |
| publisher | Kemerovo State University |
| record_format | Article |
| series | Вестник Кемеровского государственного университета |
| spelling | doaj.art-b3d989083a074b5fb8a371d8dc23c1bf2023-07-13T12:08:29ZengKemerovo State UniversityВестник Кемеровского государственного университета2078-89752078-89832014-02-0102-22402481366ASSESSMENT OF CHANGES IN THE PRICE OF GOLD WITH FEASIBILITY STUDY OF PERMANENT CONDITIONS OF GOLD DEPOSITS INFLUENCING THE FINANCIAL RESULTS OF THE FUTURE ENTERPRISEK. N. Zuyev0Branch of the RAS; Engineer at Design Institute "Zolotoproekt"; expert at State Commission on Mineral ResourcesThe paper deals with the problem of pricing in the technical and economic progress justifying permanent conditions of gold deposits. The object of investigation is theselected gold deposit «N». In this paper, the author concludes that the choice of the price of gold in the feasibility study of conditions and putting them on the state account should be dealt with soundly; and some reserves should possibly be found to keep the price below recommended guidelines. Basing on a large empirical material, the author proves that reducing the price of gold by 10 % leads to financial strength of the enterprises increasing by 8 – 10 %, while the NPV at a discount rate of 10 % will increase from 80 million rubles. To 3.609 billion rubles., and ID – from 1.03 to 1.41, with losses of minerals in the region of 5 – 6 %. This will reduce the impact of the risk of falling prices on gold mining, as well as improve their financial condition.https://vestnik.kemsu.ru/jour/article/view/1367gold pricegold depositsthe parameters of conditionssensitivity analysisfinancial stability |
| spellingShingle | K. N. Zuyev ASSESSMENT OF CHANGES IN THE PRICE OF GOLD WITH FEASIBILITY STUDY OF PERMANENT CONDITIONS OF GOLD DEPOSITS INFLUENCING THE FINANCIAL RESULTS OF THE FUTURE ENTERPRISE Вестник Кемеровского государственного университета gold price gold deposits the parameters of conditions sensitivity analysis financial stability |
| title | ASSESSMENT OF CHANGES IN THE PRICE OF GOLD WITH FEASIBILITY STUDY OF PERMANENT CONDITIONS OF GOLD DEPOSITS INFLUENCING THE FINANCIAL RESULTS OF THE FUTURE ENTERPRISE |
| title_full | ASSESSMENT OF CHANGES IN THE PRICE OF GOLD WITH FEASIBILITY STUDY OF PERMANENT CONDITIONS OF GOLD DEPOSITS INFLUENCING THE FINANCIAL RESULTS OF THE FUTURE ENTERPRISE |
| title_fullStr | ASSESSMENT OF CHANGES IN THE PRICE OF GOLD WITH FEASIBILITY STUDY OF PERMANENT CONDITIONS OF GOLD DEPOSITS INFLUENCING THE FINANCIAL RESULTS OF THE FUTURE ENTERPRISE |
| title_full_unstemmed | ASSESSMENT OF CHANGES IN THE PRICE OF GOLD WITH FEASIBILITY STUDY OF PERMANENT CONDITIONS OF GOLD DEPOSITS INFLUENCING THE FINANCIAL RESULTS OF THE FUTURE ENTERPRISE |
| title_short | ASSESSMENT OF CHANGES IN THE PRICE OF GOLD WITH FEASIBILITY STUDY OF PERMANENT CONDITIONS OF GOLD DEPOSITS INFLUENCING THE FINANCIAL RESULTS OF THE FUTURE ENTERPRISE |
| title_sort | assessment of changes in the price of gold with feasibility study of permanent conditions of gold deposits influencing the financial results of the future enterprise |
| topic | gold price gold deposits the parameters of conditions sensitivity analysis financial stability |
| url | https://vestnik.kemsu.ru/jour/article/view/1367 |
| work_keys_str_mv | AT knzuyev assessmentofchangesinthepriceofgoldwithfeasibilitystudyofpermanentconditionsofgolddepositsinfluencingthefinancialresultsofthefutureenterprise |