File Exchange

image thumbnail

Mining Economics with MATLAB

version 1.3.0.1 (938 KB) by

Simulates a distribution of Net Present Values of a mine via a forecasting model for Iron Ore Prices

9 Downloads

Updated

View License

View the "Mining Economics with MATLAB" webinar at:
http://au.mathworks.com/videos/mining-economics-with-matlab-81952.html
Committing to the development of a new mine involves huge amounts of capital expenditure and long time frames. In order to make optimal decisions, it is crucial to understand the future economic potential of a mine, and associated risks. Traditional spread sheet solutions, that use “average values” or “simplistic distributions”, often mean inaccurate models of the risk/return profile.

In this example we will showcase how MATLAB® can be used to develop and formalise a process for more detailed modelling of the future economic cash flow of a mine, based on historical data and producing distributions of a range of possible economic outcomes.

This example will highlight how MATLAB can be used to perform:

Net Present Value distribution analysis of a mine

Modelling and simulation of future prices and interest rate paths

Risk Assessments based on distribution of economic outcomes.

TO RUN:

Excel Version: demo_mining.xlsm
(View README for steps to setup)

MATLAB Version: NPV_Analysis.m

Comments and Ratings (2)

Sundar

Sundar (view profile)

Maria

Maria (view profile)

Updates

1.3.0.1

Updated license

1.3

Changed the webinar link

1.2

Included link for the webinar

MATLAB Release
MATLAB 8.0 (R2012b)

Download apps, toolboxes, and other File Exchange content using Add-On Explorer in MATLAB.

» Watch video