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]
Explanation
Correct : 35.50
Similar Questions
What is the worst-case time complexity of insertion in an AVL tree?
Which operations on a binary search tree have O(h) complexity?
Compare search complexities of sorted array vs balanced BST.