FORMATION OF THE STRATEGY OF MINERAL DEPOSITS DEVELOPMENT UNDER FINANCIAL CONSTRAINTS

Authors

  • Alexey V Kaplan South Ural State University, Chelyabinsk

Keywords:

mining economics, strategic development, investments, economic and mathematical modeling, mining costs, efficiency factors.

Abstract

The major problem in the development of mining enterprises in the CIS countries is the formation of a strategy for the development of mineral deposits under financial constraints. The key factors of the cost formation of the mining enterprise and the level of their influence on the economic results of the project are substantiated. The approaches to economic and mathematical modeling of the results of the production complex of mining enterprise are developed taking into account the interconnection and interdependence of mining-and-geological, mining, organizational and economic factors of cost formation. The results of modeling of design decisions relating to the extraction of mineral raw materials ensuring the commercial effectiveness of investment decisions are presented in the article.

Author Biography

Alexey V Kaplan, South Ural State University, Chelyabinsk

Doctor of Sciences (Economics), Professor, Department of Financial Technologies

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Published

2021-04-13

Issue

Section

Economics and finance