Research On The Evaluation Of Boffa Bauxite Mining Right Based On Discounted Cash Flow

In recent years,with the guidance of the Belt and Road Initiative recently,to meet the demand of economic development for mineral resources,more and more investments on the foreign mining have been made by domestic enterprises.Because mining investment has the characteristics of large investment,long cycle and high risk,so in mining investment activities,mining right value evaluation has very important practical value for investors to reasonably allocate mineral resources and make scientific investment decisions.Based on the investigation of Boffa bauxite resources exploration and development and utilization,this paper compares and analyzes the advantages,disadvantages and applicability of various mining right evaluation methods,and determines the evaluation method applicable to boffa bauxite mining right,i.e.discounted cash flow method.Based on the characteristics of overseas mining right,this paper analyzes the key parameters affecting the discounted cash flow,puts forward the problems and suggestions that should be paid attention to in parameter selection,establishes the mining right evaluation model based on the discounted cash flow,and evaluates the first20 years of Boffa bauxite service life,corresponding to the recoverable reserves of189886100 tons.The evaluation results of Boffa bauxite mining right value show that the discounted cash flow method can objectively reflect the value of Boffa bauxite mining right,and can provide decision basis for overseas mineral resources development and investment.