Mining Exploration Business Valuation Simulations with Global VMS Deposits Database

Peter Bell

MPRA Paper from University Library of Munich, Germany

Abstract: This paper presents an example of simulating financial economics for a mining exploration project based on stylized assumptions and real global data. The data comprise all the volcanogenic massive sulphide deposits of the world, according to a 2009 public report from the United States Geological Survey, which contains a database of grade and tonnage models for such deposits. The grade and tonnage parameters help estimate the gross metal value of the deposits, according to some simplifying assumptions. The paper further makes assumptions about the costs and benefits of finding each deposit in the global database. Then it calculates the distributions of economic returns for different approaches to the mining exploration business.

Keywords: Engineering Economics; Mining; Royalties; Finance (search for similar items in EconPapers)
JEL-codes: C0 G0 L7 L72 (search for similar items in EconPapers)
Date: 2025-09-05
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