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  6. COST ESTIMATION OF MINERAL RAW MATERIALS WITH REGARD TO THE STATE-PRIVATE PARTNERSHIP

COST ESTIMATION OF MINERAL RAW MATERIALS WITH REGARD TO THE STATE-PRIVATE PARTNERSHIP

Section

Environmental management

Title

COST ESTIMATION OF MINERAL RAW MATERIALS WITH REGARD TO THE STATE-PRIVATE PARTNERSHIP

Сontributors

A. L. Novoselov, Dr. of Econ. Sc., Professor at the Plekhanov Russian University of Economics, This email address is being protected from spambots. You need JavaScript enabled to view it.,

I. Yu. Novoselova, Dr. of Econ. Sc., Professor at the Plekhanov Russian University of Economics, This email address is being protected from spambots. You need JavaScript enabled to view it.

Abstract

The article analyzes the issues of assessing the efficiency of geological exploration and development of mineral deposits within the framework of public-private partnership. As the processes in the mining industry are high-risk, the authors propose using real options for assessing the efficiency of mining business in the regions. In the article, a modification of the Heske formula for option evaluation is developed, which is a bundled option — an option for a mining corporation, an option for a regional investor and balance equations for investments in geological exploration and development of a mineral deposit.

Keywords

public-private partnership, options, valuation, deposits, financing.

References

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2.  Novoselova I. Yu. Theoretical and Practical Aspects of the Exhaustion of Natural Resources and their Replacement // Bulletin of the University (State University of Management). — 2014. — № 4. — P. 125—130.

3.  Mudretsov A., Tulupov A. Problems of Sustainable Development of Russia // Problems of Theory and Practice of Management. — 2016. — № 5. — P. 23—30.

4.  Mazurina E. V. Estimation of the Cost of Hydrocarbon Resources in Conditions of High Uncertainty // Oil and Gas Geology. Theory and Practice. — 2011. — V. 6. — № 2. — http://www.ngtp.ru/rub/3/13_201

5.  Novoselov A. L., Medvedeva O. E., Novoselova I. Yu. Economics, Organization and Management in the Field of Subsoil Use: Textbook and a Workshop / Moscow, 2015. — 625 p.

6.  Guskova M. F. Dominant Needs in the Five-link Method of Analysis // Issues of Economics and Law. — 2012. — № 4. — P. 36—41.