GATE MN · 2021 · MN
Question 37: Mineral Economics
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Question 37
MNNAT2 marksNeeds review
Production plan of a small quarry having 3 years of life is shown in the figure.
The following information of revenue and cost data are available. Ore: 3.0 million tonne each year; waste: 5.0 million m³ in the 1st year, 5.5 million m³ in the 2nd year, and 5.0 million m³ in the 3rd year. Selling price of ore = Rs. 150/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]
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2021MN
GATE MN 2021 · Paper 1
Mining Engineering · Original paper archive
- Section
- Mining Engineering
- Question type
- Numerical answer (NAT)
- Marks
- 2 marks
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