Real options valuation for mining projects under dual economic uncertainty
Mining project cash flows are volatile, being influenced by exogenous variables. Volatility associated with commodity prices and exchange rates carry significant income risk, therefore, mining companies should practice economic risk mitigation strategies. Management should address these risks before...
| Main Author: | |
|---|---|
| Format: | Thesis |
| Language: | English |
| Published: |
Curtin University
2016
|
| Online Access: | http://hdl.handle.net/20.500.11937/1712 |
| _version_ | 1848743746898755584 |
|---|---|
| author | Haque, Md Aminul |
| author_facet | Haque, Md Aminul |
| author_sort | Haque, Md Aminul |
| building | Curtin Institutional Repository |
| collection | Online Access |
| description | Mining project cash flows are volatile, being influenced by exogenous variables. Volatility associated with commodity prices and exchange rates carry significant income risk, therefore, mining companies should practice economic risk mitigation strategies. Management should address these risks before investing by considering hedging and futures contracts strategies. DCF valuation methods are generally preferred for mining projects, typically failing to adequately capture these economic uncertainties. This thesis develops a valuation framework with new PDEs incorporating these uncertainties. |
| first_indexed | 2025-11-14T05:50:28Z |
| format | Thesis |
| id | curtin-20.500.11937-1712 |
| institution | Curtin University Malaysia |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-14T05:50:28Z |
| publishDate | 2016 |
| publisher | Curtin University |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | curtin-20.500.11937-17122019-07-08T01:48:24Z Real options valuation for mining projects under dual economic uncertainty Haque, Md Aminul Mining project cash flows are volatile, being influenced by exogenous variables. Volatility associated with commodity prices and exchange rates carry significant income risk, therefore, mining companies should practice economic risk mitigation strategies. Management should address these risks before investing by considering hedging and futures contracts strategies. DCF valuation methods are generally preferred for mining projects, typically failing to adequately capture these economic uncertainties. This thesis develops a valuation framework with new PDEs incorporating these uncertainties. 2016 Thesis http://hdl.handle.net/20.500.11937/1712 en Curtin University fulltext |
| spellingShingle | Haque, Md Aminul Real options valuation for mining projects under dual economic uncertainty |
| title | Real options valuation for mining projects under dual economic uncertainty |
| title_full | Real options valuation for mining projects under dual economic uncertainty |
| title_fullStr | Real options valuation for mining projects under dual economic uncertainty |
| title_full_unstemmed | Real options valuation for mining projects under dual economic uncertainty |
| title_short | Real options valuation for mining projects under dual economic uncertainty |
| title_sort | real options valuation for mining projects under dual economic uncertainty |
| url | http://hdl.handle.net/20.500.11937/1712 |