Bullock Gold Mining The payback period for Bullock Gold Mining in the book does not have a required time period. Usually‚ a company has a pre-specified length of time as a benchmark. The decision rule is to invest in projects that pay sooner or have a shorter payback period. We calculated the payback period to be 3.96 years which is less than half of the expected duration of the project. To determine 3.96 we added the Present Value of the Cash Flows until we matched the initial investment
Premium
Bullock Gold Mining Seth Bullock‚ the owner of Bullock Gold Mining‚ is evaluating a new gold mine in South Dakota. Dan Dority‚ the company’s geologist‚ has just finished his analysis of the mine site. He has estimated that the mine would be productive for eight years‚ after which the gold would be completely mined. Dan had taken an estimate of the gold deposits to Alma Garrett‚ the company’s financial officer. Alma has also been asked by Seth to perform an analysis of the new mine and present
Premium Net present value Cash flow Internal rate of return
Gold Digging Gold mining is one of the most destructive industries in the world. It can displace communities‚ hurt workers‚ destroy environments and contaminate drinking water. Water and land become polluted with mercury and cyanide which endangers ecosystems‚ animals and people. the health of people and ecosystems. Toxic mine waste contains many dangerous chemicals including arsenic‚ cyanide‚ lead‚ acids‚ merry and petroleum byproducts. Mining companies worldwide dump toxic waste into
Premium Mining Water California Gold Rush
Gold Mining: Why it should be banned in the Philippines? Gold mining in the Philippines can be traced hundreds of years back before the colonizers came to the country. As early as 1521‚ our ancestors were already panning gold and have decorated themselves with gold accessories. As years passed‚ the growth of the mining industry has increased. In 1995‚ Philippine Mining Act was passed which the government allowed foreign companies to fully operate in the country; it created backlash from Filipinos
Premium Philippines Mining California Gold Rush
Mini Case Study-Bethesda Mining Mini-Case Study: Bethesda Mining Company Week 4 Application 2 Jo-Ann Savoie Walden University Finance: Fiscal Leadership in a Global Environment DDBA-8140-2 Dr. Guerman Kornilov March 24‚ 2011 The following Mini-Case on Bethesda Mining Company was taken from the text corporate finance (2010‚ P. 203-204). In order to determine if Bethesda Mine should open‚ a thorough analysis of the payback period‚ profitability
Premium Net present value Investment Internal rate of return
GOLD MINING AND THE ENVIRONMENT Dirty gold mining has ravaged landscapes‚ contaminated ecosystems with toxic waste and resulted in widespread water pollution. Cyanide and mercury‚ two highly toxic substances‚ have been released freely into the environment as a result of dirty gold mining. TOXIC WASTE Toxic waste is a devastating consequence of dirty gold mining practices. Cyanide heap leaching is the cheapest way to extract gold and as a result‚ is commonly used around the world. The process leaves
Premium Gold Mercury California Gold Rush
20122 March 22‚ 2012 HARMS OF GOLD MINING History of gold is as old as history of humanity. Gold has always been valuable and popular. Since it hardly loses its glitter and it never gets oxidized. However‚ obtaining gold is not an easy process. People have to use cyanide or some other harmful chemicals to acquire gold. Also after this process very harmful toxic wastes are occurred. Thus gold mining has drastic effects on water‚ earth and air. Firstly‚ gold mining can has devastating effect on water
Premium Gold Chemical element California Gold Rush
Mini-Case Study: Bethesda Mining Company Week 4 Application 2 Jo-Ann Savoie Walden University Finance: Fiscal Leadership in a Global Environment DDBA-8140-2 Dr. Guerman Kornilov March 24‚ 2011 The following Mini-Case on Bethesda Mining Company was taken from the text corporate finance (2010‚ P. 203-204). In order to determine if Bethesda Mine should open‚ a thorough analysis of the payback period‚ profitability index‚ average accounting
Premium Net present value Depreciation Internal rate of return
Gold mining is a serious problem due to air‚ water pollution it produces an it threatens the human health. It is a term used to define the series of processes to extract gold from underground. It is impossible to know the exact date that humans first began to mine gold‚ but some of the oldest known gold artifacts were found in the Varna Necropolis in Bulgaria. The graves of the necropolis were built between 4700 and 4200 BCE‚ indicating that gold mining could be at least 7000 years old (Oancea
Premium Pollution Toxicology Human
Text Mining For Gold Management Information System Chicago State University November 5‚ 2012 Text Mining For Gold (5) 1) What is the business impact of text mining? What problems does it solve? The business impact of text mining is that it offers a dynamic and advanced approach to review data accurately‚ increases operational efficiency and are used to predict customers reactions. The problem that text mining solves is that it shortens the amount of time it takes to accurately find data
Premium Critical thinking Decision making