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Evolution of Financial Modelling Related to Mine Closure

Abstract:

Financial models inform decision making related to mine development, changes in mine planning and selecting the final mine closure design. The treatment of concurrent, closure and post closure costs in these financial models vary. Net Present Value calculations form the basis for internal decision-making and for audit closure provisions in financial statements. This presentation examines recent lessons learned in NPV-based closure planning and execution and introduces new concepts in development or early application. 

Session: Environmental: Mine Closure and Reclamation

Location: North 127B

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