Metals and Energy Finance

Application of Quantitative Finance Techniques to the Evaluation of Minerals, Coal and Petroleum Projects

Business & Finance, Finance & Investing, Finance, Investments & Securities

• Author: Dennis L Buchanan, Mark H A Davis
• ISBN: 9781786345899
• Publisher: World Scientific Publishing Company
• Publication: November 2, 2018
• Imprint: WSPC (EUROPE)
• Language: English

Given the design component it involves, financial engineering should be considered equal to conventional engineering. By adopting this complementary approach, financial models can be used to identify how and why timing is critical in optimizing return on investment and to demonstrate how financial engineering can enhance returns to investors. Metals and Energy Finance capitalizes on this approach, and identifies and examines the investment opportunities offered across the extractive industry's cycle, from exploration through evaluation, pre-production development, development and production. The textbook also addresses the similarities of a range of natural resource projects, whether minerals or petroleum, while at the same time identifying their key differences.

This new edition has been comprehensively revised with a new chapter on Quantitative Finance and three additional case studies. Contemporary themes in the revised edition include the current focus on the transition from open pit to underground mining as well as the role of real option valuations applied to marginal projects that may have value in the future.

This innovative textbook is clear and concise in its approach. Both authors have extensive experience within the academic environment at a senior level as well as track records of hands-on participation in projects within the natural resources and financial services sectors. Metals and Energy Finance will be invaluable to both professionals and graduate students working in the field of mineral and petroleum business management.

Contents:

• Extractive Industry Finance and Mineral Economics

• Management and Business:

  • Cash Flow Modelling and Financial Accounting
  • Strategic Management
  • Management of Projects, Markets and Supplies

• Mineral and Petroleum Geosciences:

  • Mineral Deposits
  • Petroleum and Coal

• Project Evaluation:

  • Resource Evaluation
  • Metals and Energy Project Appraisal and Finance
  • Minerals Engineering

• Quantitative Finance:

  • Quantitative Finance
  • Financial Engineering

Readership: Professionals and graduate students in the field of mineral and petroleum business management.