Search by keyword: area of the Baikal-Amur Railroad
Assessing efficiency of the development of the Elginsky Field
The paper assesses the development of the Elginsky Coal Field located in the area of Baikal-Amur Main Line (BAM) by Discounted Cash Flow Analysis and Real Options Analysis. The latter allowed us to state that the decision made by the company «Russian Rail Ways» («RZhD») on its withdrawal from this project proved to be commercially erroneous. Applying a Black - Scholes model, we can state that a license price for the development of the Elginsky Coal Field proved to be underestimated at the public tender.
Shemetova V. G. viktoriya-shemetova@yandex.ru
Keywords: assessment area of the Baikal-Amur Railroad project area of Baikal-Amur Main Line (BAM) Elginsky Coal Field assessments real options analysis discounted cash flow analysis
Solid minerals in the area of the Baykal-Amur Railroad: potential and prospects of their development
The paper retraces the evolution of the idea concerning the integrated development of natural wealth in the area of the Baikal-Amur Railroad, and describes its history of before and after «perestroyka» periods. We show a current role which some of the minerals play for the Russian and world economies, and prove their growing roles. We also characterize a main group of companies which presently are the private investors involved in such natural resource development projects.
Yagolnitser M. A. Miron@ieie.nsc.ru
Keywords: area of the Baikal-Amur Railroad economic assessment West Siberia natural resources natural resource development focal development of natural resources
