Mining capital methods. Best-practices and case studies for financing mining projects / Методы привлечения капитала в горнодобывающую промышленность. Лучшие практики и тематические исследования для финансирования горнодобывающих проектов

Mining capital is capital required to develop mines from exploration, feasibility studies, mine design, construction, and commissioning to operation; capital to refinance and modernize old mines; capital to purchase mining, processing, and related mine infrastructure equipment; and capital to acquire mines. The supply of commodities remains vital to the development of modern society. While the minerals in demand have moved toward metals required for electric vehicles, renewable energy technologies, and smart phones, base metals and industrial minerals remain vital for the construction industry and manufacturing industry. A growing population requires food stability, and fertilizers produced from minerals remain vital. Energy minerals ensure that base load power is available for energy generation together with renewable energy. And in a turbulent world, gold retains its value and purpose of being the ultimate value foundation. The bulk of the commodities need to be mined by existing and new mines. These need to be developed, financed, and managed by professional mining teams that operate mines in an environmentally and socially sustainable manner. This book is about financing of mines, i.e., the raising of mining capital. Mining capital involves large sums of money and risk taking from both the investor and the mine developer. The mine developer risks time, start-up capital, and reputation while developing the mining project, whereas the investor risks losing the investment <...>