Mining Engineering > GATE 2021 > Mine Economics
Production planning of a small quarry having 3 years of life is shown in the figure. The following information of revenue and cost data are available.
Selling price of ore =Rs.1500/tonne
Ore mining cost=Rs.500/tonne
Waste mining cost =Rs.500/m3
Initial capital = Rs. 1000 million
Discount rate =10%
By neglecting depreciation, salvage value and corporate tax, the NPV of the mining project, in million Rs., is ________.[round off to 2 decimal places]
Ore mining cost=Rs.500/tonne
Waste mining cost =Rs.500/m3
Initial capital = Rs. 1000 million
Discount rate =10%
By neglecting depreciation, salvage value and corporate tax, the NPV of the mining project, in million Rs., is ________.[round off to 2 decimal places]
Correct : 35.50
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