Investment Risk Management at Mining Enterprises

The development of the Russian economy requires an increase in production factors, including energy, fuel and raw materials. Sustainable functioning of mining enterprises has an impact on the development of such industries as metallurgy, engineering, road construction and predetermines the developme...

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Bibliographic Details
Main Authors: Frolova Victoria, Dolina Olga, Shpilkina Tatyana
Format: Article
Language:English
Published: EDP Sciences 2019-01-01
Series:E3S Web of Conferences
Online Access:https://www.e3s-conferences.org/articles/e3sconf/pdf/2019/31/e3sconf_iims18_01054.pdf
Description
Summary:The development of the Russian economy requires an increase in production factors, including energy, fuel and raw materials. Sustainable functioning of mining enterprises has an impact on the development of such industries as metallurgy, engineering, road construction and predetermines the development of the country’s economy as a whole. The article substantiates the need to form an investment risk management system in the mining industry to encourage expansion of environment-saving measures funding. The stages of investment risk management are proposed and their content is disclosed. The most significant types of investment risks and uncertainties in assessing geological exploration investment projects in the mining industry are considered. The recommendations for considering the factors of uncertainty and risk when evaluating the effectiveness of environmental and geological exploration investment projects to use maximum information about the conditions for the implementation of projects. For risk assessment, various qualitative and quantitative methods have been proposed, and the advantages of the Monte-Carlo simulation method are shown.
ISSN:2267-1242