Risk and reward of investing in mining of polymetallic vein deposits in the Bolivian Altiplano.

Persistent Link:
http://hdl.handle.net/10150/186387
Title:
Risk and reward of investing in mining of polymetallic vein deposits in the Bolivian Altiplano.
Author:
Blacutt, William Paulo.
Issue Date:
1993
Publisher:
The University of Arizona.
Rights:
Copyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.
Abstract:
This study explores the impacts of physical and policy variables on the economics of the development of a hypothetical 500 t/d underground polymetallic (Zn-Ag-Pb) vein deposit in the Sud Lipez region of the Bolivian Altiplano. Because of recent changes in the legal system, it is more attractive, interesting and worthwhile to examine the effects of policy variables that reflect the implications of the new legal system. For this purpose, an holistic investment methodology defined as the Investment-Worth model is developed to evaluate the risks and rewards to capital investments. Results of the study confirm that even in risky environments development of mining activities remain primarily driven by the quality of the ore reserves and the market conditions for the commodities of interest. Under the most probable scenario, the deposit of interest would remain a viable investment opportunity at zinc ore grades greater than 9%. Furthermore, the model demonstrates that the investment worth of a project is not the same across firms in the industry. Attractiveness of a project varies with economic and risk-related characteristics of firms. Specifically, investment in the zinc-based polymetallic deposit in the Altiplano will be more attractive to firms of at least moderate size that possess the required technical knowledge and skills but are not currently involved in zinc production.
Type:
text; Dissertation-Reproduction (electronic)
Keywords:
Dissertations, Academic.; Mining engineering.; Finance.
Degree Name:
Ph.D.
Degree Level:
doctoral
Degree Program:
Mining and Geological Engineering; Graduate College
Degree Grantor:
University of Arizona
Committee Chair:
Harris, DeVerle P.

Full metadata record

DC FieldValue Language
dc.language.isoenen_US
dc.titleRisk and reward of investing in mining of polymetallic vein deposits in the Bolivian Altiplano.en_US
dc.creatorBlacutt, William Paulo.en_US
dc.contributor.authorBlacutt, William Paulo.en_US
dc.date.issued1993en_US
dc.publisherThe University of Arizona.en_US
dc.rightsCopyright © is held by the author. Digital access to this material is made possible by the University Libraries, University of Arizona. Further transmission, reproduction or presentation (such as public display or performance) of protected items is prohibited except with permission of the author.en_US
dc.description.abstractThis study explores the impacts of physical and policy variables on the economics of the development of a hypothetical 500 t/d underground polymetallic (Zn-Ag-Pb) vein deposit in the Sud Lipez region of the Bolivian Altiplano. Because of recent changes in the legal system, it is more attractive, interesting and worthwhile to examine the effects of policy variables that reflect the implications of the new legal system. For this purpose, an holistic investment methodology defined as the Investment-Worth model is developed to evaluate the risks and rewards to capital investments. Results of the study confirm that even in risky environments development of mining activities remain primarily driven by the quality of the ore reserves and the market conditions for the commodities of interest. Under the most probable scenario, the deposit of interest would remain a viable investment opportunity at zinc ore grades greater than 9%. Furthermore, the model demonstrates that the investment worth of a project is not the same across firms in the industry. Attractiveness of a project varies with economic and risk-related characteristics of firms. Specifically, investment in the zinc-based polymetallic deposit in the Altiplano will be more attractive to firms of at least moderate size that possess the required technical knowledge and skills but are not currently involved in zinc production.en_US
dc.typetexten_US
dc.typeDissertation-Reproduction (electronic)en_US
dc.subjectDissertations, Academic.en_US
dc.subjectMining engineering.en_US
dc.subjectFinance.en_US
thesis.degree.namePh.D.en_US
thesis.degree.leveldoctoralen_US
thesis.degree.disciplineMining and Geological Engineeringen_US
thesis.degree.disciplineGraduate Collegeen_US
thesis.degree.grantorUniversity of Arizonaen_US
dc.contributor.chairHarris, DeVerle P.en_US
dc.contributor.committeememberNewcomb, Richard T.en_US
dc.contributor.committeememberRieber, Michaelen_US
dc.identifier.proquest9408464en_US
dc.identifier.oclc720061709en_US
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