Economic Analysis of the Copper Mining Industry of Iran.

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Title: Economic Analysis of the Copper Mining Industry of Iran.
Authors: Oraee, K
Goodarzi, A
Oraee-Mirzamani, N
Item Type: Conference Paper
Abstract: Mining of copper ore and the related industries play an important role in Irans economy. Copper ore production in Iran accounts for 75% of the total production in the Middle East. All activities related to copper, that is, exploration, production, refinement etc are owned and managed by state owned companies. Decisions have been made to privatize all these activities. To assess the success of this privatization process, different components of the industry must be subject to economic analysis. In this paper, the cost estimation of all operations has been carried out. The total potential and attainable revenues have also been estimated using historical data available from the industry. Risk is a major factor in all mining activities and the copper industry of Iran has been subject to risk factors arising from many internal and external variables. These variables have been recognized and their effects evaluated. The effect of risk on the economic feasibility of the operations in the industry has also been analyzed.
Content Version: Accepted version
Issue Date: 12-Sep-2011
Publisher Link:
Copyright Statement: © 2011 SME
Conference Name: Society for Mining, Metallurgy and Exploration Annual Meeting
Conference Location: Denver
Appears in Collections:Centre for Environmental Policy

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