tem

Precio del Oro

Produccin
Produccin
Ley Au
Recuperacin
Finos Producidos Periodo
Ley Concentrado
Tons de concentrado
Finos Pagables
Ingresos
Costo de Refinacin
Costo de Fusin
Costo Mina
Costo Maquila
Costo Exploraciones (repo. Reserva)
Costo Administracin
Costo Flete Mina - Planta
Costo Flete Planta - PC
Ebitda
Depreciacin
UAI
Impuestos
Depreciacin
Inversin
KT
KT Back
Resultado Neto
FNC Ajustado
Costo Operacional
Recursos Extrados

Unidad
US$/oz
ton/mes
ton/ao
gr/ton
%
grs
grs/tms
tms
oz
US$
US$ /finos pagables
US$ /tons conc
US$ /ton
US$ /ton
US$
US$ /ton
US$ /ton
US$ /ton conc
US$
US$
US$
%
US$
US$
US$
US$
US$
%
US$/oz
Ton

5
120
30
18

2.5
5
7
40

3.5

20%

10%

Tasa de descuento
VAN
TIR
PRI
IVAN

0.4
9.6

20%

5,088,831
169.15%
0 aos
3.98

0
1,278,530

2,467,998
1.2
2,056,665
778,135

-51%
-34%
-17%
0%
17%
34%
51%

508883088%
1.47
1.98
2.49
3.00
3.51
4.02
4.53

-51%
637
16,086,312
14,265,816
12,445,319
10,624,822
8,804,325
6,983,828
5,163,332
5.976472797

-34%
858
13,519,749
10,808,812
8,097,875
5,386,938
2,676,001
34,937
2,745,874
4.013427497

-51%
-34%
-17%
0%
17%
34%
51%

508883088%
14.70
19.80
24.90
30.00
35.10
40.20
45.30

-51%
637
5,555,779
7,245,460
8,935,141
10,624,822
12,314,503
14,004,184
15,693,865
-2.069126444

-34%
858
317,895
2,007,576
3,697,257
5,386,938
7,076,619
8,766,300
10,455,981
13.74049121

500,000 662,300 1,162,300

1,278,530

1,650,917
1.44
1,146,470

1
1,300
10,000
120,000
3.000
80.00%
288,000
30.00
9,600
8,796
11,435,369
43,982
1,152,000
3,600,000
2,160,000
300,000
600,000
865,200
422,400
2,291,787
21,622
2,270,165
454,033
21,622
3,600
662,300
662,300
2,742,220
2,467,998
1,039
120,000

1,651,097
1.73
955,496

2
1,300
10,000
120,000
3.000
80.00%
288,000
30.00
9,600
8,796
11,435,369
43,982
1,152,000
3,600,000
2,160,000
300,000
600,000
865,200
422,400
2,291,787
22,614
2,269,173
453,835
22,614
3,600
662,300
662,300
1,834,352
1,650,917
1,039
240,000

1,647,270
2.07
794,401

3
1,300
10,000
120,000
3.000
80.00%
288,000
30.00
9,600
8,796
11,435,369
43,982
1,152,000
3,600,000
2,160,000
300,000
600,000
865,200
422,400
2,291,787
23,616
2,268,171
453,634
23,616
3,600
662,300
662,300
1,834,553
1,651,097
1,039
360,000

1,647,270
2.49
662,001

4
1,300
10,000
120,000
3.000
80.00%
288,000
30.00
9,600
8,796
11,435,369
43,982
1,152,000
3,600,000
2,160,000
300,000
600,000
865,200
422,400
2,291,787
2,350
2,289,436
457,887
2,350
3,600
662,300
662,300
1,830,300
1,647,270
1,039
480,000

2,246,440
2.99
752,328

5
1,300
10,000
120,000
3.000
80.00%
288,000
30.00
9,600
8,796
11,435,369
43,982
1,152,000
3,600,000
2,160,000
300,000
600,000
865,200
422,400
2,291,787
2,350
2,289,436
457,887
2,350
3,600
662,300
662,300
1,830,300
1,647,270
1,039
600,000

1,146,470
778,135

360
-244.3400169
-8.144667229

Precio de oro
-17%
0%
1079
1300
10,953,186 8,386,623 7,351,808 3,894,805 3,750,431
597,013
149,053
5,088,831
3,452,324
9,580,649
7,053,702
14,072,466
10,655,079
18,564,284
3.021107826 2.422215268

-17%
1079
4,919,989
3,230,308
1,540,628
149,053
1,838,734
3,528,415
5,218,096
29.55010887

Precio de oro
0%
1300
10,157,874
8,468,193
6,778,512
5,088,831
3,399,150
1,709,469
19,788
45.35972653

17%
1521
5,820,059 437,801
4,944,457
10,326,715
15,708,973
21,091,231
26,473,490
2.021484179

34%
1742
3,253,496 3,019,203
9,291,901
15,564,599
21,837,298
28,109,996
34,382,695
1.734524579

17%
1521
15,395,758
13,706,077
12,016,396
10,326,715
8,637,034
6,947,353
5,257,672
61.16934418

34%
1742
20,633,642
18,943,961
17,254,280
15,564,599
13,874,919
12,185,238
10,495,557
76.97896184

51%
1963
686,933
6,476,206
13,639,345
20,802,484
27,965,623
35,128,761
42,291,900
1.518908118

51%
1963
25,871,527
24,181,846
22,492,165
20,802,484
19,112,803
17,423,122
15,733,441
92.7885795

2022.149957
1548.987833
1269.651158
1085.288953
954.5020891
856.8999519
781.2744549

871.4128128
942.7048595
1013.996906
1085.288953
1156.581
1227.873046
1299.165093

662,300
2,496,044
2,246,440
1,039
720,000

8,000,000
7,000,000
6,000,000
5,000,000
4,000,000
3,000,000
2,000,000
1,000,000
-1,000,000

25,000,000
20,000,000
15,000,000
10,000,000
VAN

6
1,300
10,000
120,000
3.000
80.00%
288,000
30.00
9,600
8,796
11,435,369
43,982
1,152,000
3,600,000
2,160,000
300,000
600,000
865,200
422,400
2,291,787
1,575
2,290,212
458,042
1,575

5,000,000
-5,000,000
-10,000,000
-15,000,000

-51%

-34%

-10,624,822

-5,386,938

-149,053

Ley de Cabeza -8,386,623

-3,894,805

597,013

Costo Mina

8,468,193

6,778,512

Precio de oro

10,157,874

-51%
-34%
-17%
0%
17%
34%
51%

-51%
-34%
-17%
0%
17%
34%
51%

5088831
5.98
4.01
3.02
2.42
2.02
1.73
1.52

5088831
-2.07
13.74
29.55
45.36
61.17
76.98
92.79

-51%
637
0
7,007,290
10,549,476
12,687,283
14,117,734
15,142,065
15,911,730

-51%
637
0
5,237,884
10,475,769
15,713,653
20,951,537
26,189,422
31,427,306

-34%
858
10,434,691
0
5,274,738
8,458,189
10,588,300
12,113,652
13,259,775

-34%
858
5,237,884
5,237,884
10,475,769
15,713,653
20,951,537
26,189,422

-17%
0%
1079
1300
20,869,382
31,304,073
7,007,290
14,014,579
5,274,738
4,229,094
7,058,867 - 3,529,433
9,085,239 - 6,056,826
10,607,820 - 7,955,865

-17%
0%
1079
1300
10,475,769
15,713,653
5,237,884
10,475,769
5,237,884
5,237,884
10,475,769 - 5,237,884
15,713,653 - 10,475,769
20,951,537 - 15,713,653

Calculo de TIR Manual

-17%

0%

17%

34%

51%

-149,053

5,088,831

10,326,715

15,564,599

20,802,484

597,013

5,088,831

9,580,649

14,072,466

18,564,284

6,778,512

5,088,831

3,399,150

1,709,469

19,788

Tasa de descuento
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
110%
120%
130%
140%
150%
160%
170%
180%
190%
200%
210%
220%
230%

17%
1521
20,951,537
15,713,653
10,475,769
5,237,884
0
- 5,237,884
- 10,475,769 -

34%
1742
26,189,422
20,951,537
15,713,653
10,475,769
5,237,884
5,237,884 -

51%
1963
62,608,146
35,036,448
21,098,951
12,687,283
7,058,867
3,028,413
0

51%
1963
31,427,306
26,189,422
20,951,537
15,713,653
10,475,769
5,237,884
0

8.0
y = 14574x-1.212
R = 0.9988

7.5
7.0
6.5
6.0
5.5
Ley de cabeza

17%
34%
1521
1742
41,738,764
52,173,455
21,021,869
28,029,159
10,549,476
15,824,213
4,229,094
8,458,189
0
3,529,433
- 3,028,413
- 5,303,910 - 2,651,955 -

5.0
4.5
4.0
3.5
3.0
2.5
2.0
1.5
1.0
0.5
0.0
0

200

400

Precio de oro vs. Ley de Cabeza

Precio de oro vs. Costo mina

600

VAN
6,985,981
5,088,831
3,834,149
2,961,774
2,329,286
1,854,306
1,486,865
1,195,376
959,131
764,117
600,577
461,543
341,931
237,950
146,726
66,042
5,834
70,279
128,396
181,080
229,066
272,960
313,269

169.18829979% Aprox mediante iteracion

80
75
y = 0.0715x - 47.638

70
65
60
55
45
40
35
30
25
20
15
10
5

800

1000
Precio de oro

1200

1400

1600

1800

0
2000

Costo mina

50

Desc
Jacklegs
Jacklegs
Jacklegs
Jacklegs
Jacklegs
Containers
Grupo Electrogeno
Ventilador

Valor Neto

Vida Util
3
3
3
3
3
3
3
3

2,400
16,000
39,500
9,000

Valor
Actualizado
C.M (1%)
2,424
16,160
39,895
9,090

Valor
Actualizado C.A.F Depreciacion
(4%)
del Ejercicio
2,327
15,514
38,299
8,726

776
5,171
12,766
2,909
21,622

Valor neto
1,551
2,400
10,342
25,533
5,818

Valor
Valor
Actualizado Actualizado Depreciacion
C.M (1%)
C.A.F (4%)
del Ejercicio Valor neto
1,567
2,424
10,446
25,788
5,876

2,327
-

783
776
5,223
12,894
2,938
22,614

783
1,551
2,400
5,223
12,894
2,938

Valor
Valor
Actualizado Actualizado
C.M (1%)
C.A.F (4%)
791
1,567
2,424
5,275
13,023
2,967

2,327
-

Depreciacion
del Ejercicio Valor neto
791
783
776
5,275
13,023
2,967
23,616

783
1,551
2,400
-

Valor
Valor
Actualizado Actualizado Depreciacion
C.M (1%)
C.A.F (4%)
del Ejercicio Valor neto
791
1,567
2,424
-

2,327
-

791
783
776
2,350

783
1,551
2,400
-

Valor
Actualizado
C.M (1%)
791
1,567
2,424
-

Valor
Actualizado Depreciacion
C.A.F (4%)
del Ejercicio Valor neto
2,327
-

791
783
776
2,350

783
1,551
-

Valor
Valor
Actualizado Actualizado Depreciacion
C.M (1%)
C.A.F (4%)
del Ejercicio Valor Neto
791
1,567
-

791
783
1,575

783
-