Valuation of Mining Projects
In mining, valuation is the process of determining the value or worth of a mining property.
Mining valuations are sometimes required for IPOs, fairness opinions, litigation, mergers & acquisitions and shareholder related matters.
In valuation of a mining project or mining property, fair market value is the standard of value to be used. The CIMVal Standards are a recognised standard for valuation of mining projects and is also recognised by the Toronto Stock Exchange (Venture). The standards spearheaded by Spence & Roscoe, stress the use of the cost approach, market approach and the income approach, depending on the stage of development of the mining property or project.
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Famous quotes containing the words mining and/or projects:
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