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Proyecto de 30,000,000 TM con ley de cobre de 1.80% para ser minado por mtodos subterrneos
Productora de concentrado de cobre. Precio Cobre: 3.10 US$/Libra
DATOS:
Inversin estimada total
Inversin equipos e infraestructura
Ingeniera
160,000,000
75,000,000
4,000,000
Periodo de construccin
Costos operativos
2
Minado
Concentracin
Costo Fund&Refinacin Cu
Recuperacin metalurgica
Concentrado Cu
Fundicin Cu
Refinera Cu
3.1
PASO N 03 : Una vez estimado la produccion anual de Cu calculamos el flujo de caja del proyecto
ETAPAS
Aos
INGENIERIA
2013
0
Ingresos Cobre
Costo Ventas Cobre
Utilidad Bruta
Depreciacin (-)
Utilidad antes participacion de trabajadores
Participacin trabajadores 8%
Utilidad neta
Depreciacin (+)
-4,000,000
-4,000,000
-4,000,000
TIR
Valor Actual Neto (VAN)
VAN (9%)
VAN (10%)
VAN (15%)
VAN (17%)
PAYBACK
$1,600,000,000
$1,400,000,000
$1,200,000,000
$1,000,000,000
VAN
$800,000,000
$600,000,000
$400,000,000
$200,000,000
$0
0.0%
-$200,000,000
$0
0.0%
-$200,000,000
r mtodos subterrneos
()=6.5
S:
US$
US$ a depreciar en 10 aos
US$
aos
4 US$/TM mineral
6 US$/TM mineral
nd&Refinacin Cu
US$/Lb Cobre
2015
2016
2017
218,322,359
218,322,359
-37,606,642
-37,606,642
180,715,717
180,715,717
-7,500,000
-7,500,000
173,215,717
173,215,717
-13,857,257
-13,857,257
159,358,460
159,358,460
-47,807,538
-47,807,538
111,550,922
111,550,922
7,500,000
7,500,000
-78,000,000
-78,000,000
-78,000,000
-78,000,000
119,050,922
119,050,922
-82,000,000
-160,000,000
-40,949,078
78,101,844
56%
Valor Actual Neto (VAN)
$629,508,283
$576,090,367
$376,801,380
$320,222,700
En 2 aos y 3 meses
REPRE
$1,600,000,000
$1,400,000,000
$1,200,000,000
$1,000,000,000
VAN
$800,000,000
$600,000,000
$400,000,000
$200,000,000
$0
0.0%
-$200,000,000
10.0%
20.0%
30.0%
$0
0.0%
10.0%
20.0%
30.0%
-$200,000,000
TIR%
NPV 9%
NPV 10%
NPV 15%
NPV 17%
NPV 20%
NPV 25%
NPV 50%
NPV 60%
NPV 80%
=
=
VAN
Ko
=
=
56%
9.0%
10.0%
15.0%
17.0%
20.0%
25.0%
50.0%
60.0%
80.0%
252,237,021
170,882,337
14,005,373
-6,248,166
-25,632,286
Sensibilidad Cu
Precio Cu
NPV 9%
0.6
-110,643,003
629,428,283
576,010,367
376,721,380
320,142,700
252,157,021
170,802,337
13,925,373
-6,328,166
-25,712,286
1
7,768,403
Sensibilida
1,000,000,000
800,000,000
Sensibilida
1,000,000,000
800,000,000
600,000,000
400,000,000
303,796,918
200,000,000
155,782,660
7,768,403
0.6
1
-110,643,003
-200,000,000
1.5
2.5
PASO N 02 : Una vez calculado el tiempo de vida de la mina realizamos el plan de produccion anual
Tiempo de Operacin (Aos)
2,000,000
1.9
2,000,000
1.9
2,000,000
1.9
31,945.28
31,945.28
31,945.28
70,426,567
70,426,567
70,426,567
2018
2019
2020
2021
218,322,359
218,322,359
218,322,359
206,831,708
-37,606,642
-37,606,642
-37,606,642
-36,679,976
180,715,717
180,715,717
180,715,717
170,151,732
-7,500,000
-7,500,000
-7,500,000
-7,500,000
173,215,717
173,215,717
173,215,717
162,651,732
-13,857,257
-13,857,257
-13,857,257
-13,012,139
159,358,460
159,358,460
159,358,460
149,639,593
-47,807,538
-47,807,538
-47,807,538
-44,891,878
111,550,922
111,550,922
111,550,922
104,747,715
7,500,000
7,500,000
7,500,000
7,500,000
119,050,922
119,050,922
119,050,922
112,247,715
197,152,765
316,203,687
435,254,609
547,502,324
9,920,910.15
19,841,820.29
29,762,730.44
20.0%
59,525,460.88
1,984,182.03
3,968,364.06
5,952,546.09
30.0%
40.0%
50.0%
Ko
60
20.0%
30.0%
40.0%
50.0%
60
Ko
$629,508,283.46
9%
1.5
2
155,782,660
303,796,918
2.5
451,811,175
3
599,825,432
Sensibilidad Cu
895,853,947
747,839,689
Sensibilidad Cu
895,853,947
747,839,689
599,825,432
451,811,175
303,796,918
155,782,660
3
1.5
2.5
3.5
de produccion anual
4
2,000,000
1.9
2,000,000
1.9
2,000,000
1.8
2,000,000
1.8
2,000,000
1.8
31,945.28
31,945.28
30,263.95
30,263.95
30,263.95
70,426,567
70,426,567
66,719,906
66,719,906
66,719,906
OPERACIN
2022
2023
2024
2025
2026
10
11
12
13
206,831,708
206,831,708
206,831,708
206,831,708
195,341,058
-36,679,976
-36,679,976
-36,679,976
-36,679,976
-35,753,311
170,151,732
170,151,732
170,151,732
170,151,732
159,587,747
-7,500,000
-7,500,000
-7,500,000
-7,500,000
162,651,732
162,651,732
162,651,732
162,651,732
159,587,747
-13,012,139
-13,012,139
-13,012,139
-13,012,139
-12,767,020
149,639,593
149,639,593
149,639,593
149,639,593
146,820,727
-44,891,878
-44,891,878
-44,891,878
-44,891,878
-44,046,218
104,747,715
104,747,715
104,747,715
104,747,715
102,774,509
7,500,000
7,500,000
7,500,000
7,500,000
112,247,715
112,247,715
112,247,715
112,247,715
102,774,509
659,750,039
771,997,755
884,245,470
996,493,186
1,099,267,694
FUNCION DE Ko
60.0%
70.0%
80.0%
90.0%
60.0%
OR ACTUAL NETO
A DE DESCUENTO
853,947
=
=
3.5
747,839,689
70.0%
VAN
Ko
=
=
4
895,853,947
$0.00
56%
80.0%
90.0%
853,947
10
11
12
13
2,000,000
1.8
2,000,000
1.8
2,000,000
1.7
2,000,000
1.7
2,000,000
1.7
30,263.95
30,263.95
28,582.62
28,582.62
28,582.62
66,719,906
66,719,906
63,013,244
63,013,244
63,013,244
2027
2028
2029
2030
14
15
16
17
TOTAL
195,341,058
195,341,058
195,341,058
195,341,058
3,102,475,626
-35,753,311
-35,753,311
-35,753,311
-35,753,311
-550,199,647
159,587,747
159,587,747
159,587,747
159,587,747
2,552,275,979
-75,000,000
159,587,747
159,587,747
159,587,747
159,587,747
2,477,275,979
-12,767,020
-12,767,020
-12,767,020
-12,767,020
-198,182,078
146,820,727
146,820,727
146,820,727
146,820,727
2,279,093,900
-44,046,218
-44,046,218
-44,046,218
-44,046,218
-683,728,170
102,774,509
102,774,509
102,774,509
102,774,509
1,595,365,730
75,000,000
-160,000,000
102,774,509
102,774,509
102,774,509
102,774,509
1,202,042,203
1,304,816,712
1,407,591,221
1,510,365,730
1,670,365,730
90.0%
100.0%
90.0%
100.0%
TOTAL
14
15
2,000,000
1.7
2,000,000
1.7
30,000,000
1.8
28,582.62
28,582.62
453,959
63,013,244
63,013,244
1,000,798,589
Ko
0.0%
1.0%
2.0%
3.0%
4.0%
5.0%
6.0%
7.0%
8.0%
9.0%
10.0%
11.0%
12.0%
13.0%
14.0%
15.0%
16.0%
17.0%
18.0%
19.0%
20.0%
21.0%
22.0%
23.0%
24.0%
25.0%
26.0%
27.0%
28.0%
29.0%
30.0%
31.0%
32.0%
33.0%
34.0%
35.0%
36.0%
37.0%
38.0%
39.0%
40.0%
41.0%
42.0%
43.0%
44.0%
45.0%
46.0%
47.0%
48.0%
49.0%
50.0%
51.0%
52.0%
53.0%
54.0%
55.0%
56.0%
56.3%
57.0%
58.0%
59.0%
60.0%
61.0%
62.0%
63.0%
64.0%
65.0%
66.0%
67.0%
68.0%
69.0%
70.0%
71.0%
72.0%
73.0%
74.0%
75.0%
76.0%
77.0%
78.0%
79.0%
80.0%
81.0%
82.0%
83.0%
84.0%
85.0%
86.0%
87.0%
88.0%
89.0%
90.0%
SENSIBILI
Precio Cu
NPV 9%
$0.6
$1.0
-$110,563,003
$7,848,403
$1,000,000,000
$800,000,000
VAN 9%
$600,000,000
$400,000,000
$200,000,000
$0
$0.0
-$200,000,000
$0.5
$1.0
$1.5
VAN
$1,510,365,730
$1,359,529,537
$1,226,466,423
$1,108,772,629
$1,004,403,906
$911,617,388
$828,923,482
$755,045,957
$688,888,748
$629,508,283
$576,090,367
$527,930,809
$484,419,180
$445,025,127
$409,286,855
$376,801,380
$347,216,280
$320,222,700
$295,549,397
$272,957,668
$252,237,021
$233,201,469
$215,686,357
$199,545,627
$184,649,478
$170,882,337
$158,141,110
$146,333,671
$135,377,548
$125,198,782
$115,730,934
$106,914,226
$98,694,776
$91,023,947
$83,857,760
$77,156,391
$70,883,722
$65,006,948
$59,496,229
$54,324,383
$49,466,617
$44,900,284
$40,604,672
$36,560,812
$32,751,309
$29,160,193
$25,772,784
$22,575,572
$19,556,108
$16,702,910
$14,005,373
$11,453,695
$9,038,805
$6,752,297
$4,586,380
$2,533,820
$587,896
$0
-$1,257,643
-$3,008,614
-$4,670,437
-$6,248,166
-$7,746,519
-$9,169,901
-$10,522,430
-$11,807,959
-$13,030,095
-$14,192,217
-$15,297,495
-$16,348,901
-$17,349,228
-$18,301,098
-$19,206,977
-$20,069,187
-$20,889,911
-$21,671,207
-$22,415,015
-$23,123,163
-$23,797,379
-$24,439,293
-$25,050,443
-$25,632,286
-$26,186,197
-$26,713,481
-$27,215,369
-$27,693,029
-$28,147,569
-$28,580,038
-$28,991,430
-$29,382,691
-$29,754,716
-$30,108,358
nsibilidad del Cu
SENSIBILIDAD DEL Cu
$1.0
$1.5
$2.0
$2.5
$3.0
$3.5
$155,862,660
$303,876,918
$451,891,175
$599,905,432
$747,919,689
$1.5
$2.0
$2.5
$/Lb Cu
$3.0
$3.5
$4.0
3.5
$4.0
$895,933,947
$4.0
$4.5