Discount Rate To Determine The Mineral Rights Income Pathway Assessment

Assessment of mining rights is estimating the price of mine right on certain norm time according the purpose of the assessment, the use of the assessment objects and relevant state laws, regulations and relevant technical and economical information by the specialized agencies and personnel. Nowadays, mineral industry is mainly use discounted cash flow method, which is one of the methods of to assess the value of the enterprise in civil industries. This method is greatly difference is whether the investment return included in the discount rate, that is to say there is problem of re-dividing super-profits in civil assessment。This thesis is to demonstrate that it is more reasonable to put the return of investment rate into discount rate by investment fads which is manifested by the reality of mineral industry and enterprises.Mineral industry has high risk, and discount rate plays a key role in income assessment, it is an important parameter. This thesis is to demonstrate the proper method of discount rate in order to assess the value of mineral industry from the view of mineral projects risk, which mainly by analyzing the characteristics and methods of mineral properties and property assessment.Summation is the main method to calculate the discounted cash flow rate, that is to say the reward rate of mineral assessment is between 3%～5%, non-risk reward rate in accordance with the five-year bank deposit rate, whose rage is at will to some aspects. This thesis analyzes the specialty of the risk of mineral properties according to the economic denotation of the discount rate of mineral industry. And the purpose of analyzing this phenomenon is to calculate the rage of the reward rate of risk, and furthermore, it can also take the goal of assessment authorization into consideration in order to take the proper method, and the fixed price modal of capital assessment and discount rate of risk modulation also are the targets of this paper. We can take different ways to calculate the discount rate of income assessment according to the requirement of different clients under the risk and non-risk conditions. And finally to manifest the reasonability and practicality of the assessment, which usually use the different assessment cases in mineral industry.