Financial Management Of A Mining Company Countermeasures

With the acceleration of global economy and the implementation of the global resource strategy in western countries, our state's mining industry faces vehement competition. This change needs the factors include resource, technology and finance management etc, which have great influence on the existence of mining enterprises, be optimized. Among them the quality of finance management has direct influence on the existence and development of a mining enterprise. So it is very important that the finance of a mining enterprise should get scientific and modern management. This paper studies about the financial countermeasures of some mining limited company, based on the analysis of the situation of mining enterprises in and outside our country.Firstly, the finance management conditions which mining enterprise facing at home and abroad nowadays is analyzed simply in this paper, such as the intruding of international mining enterprises, the establishment of modern enterprise mechanism, the change of policies of mining enterprises etc. And the influences of these factors on finance management are also analyzed.Secondly, it introduces the advanced ideas and methods of finance management both at home and abroad, such as the idea of capital and time value, the idea of venture value, the idea of opportunity cost, themethod of investment risk adjustment discount rate, the option idea etc.Thirdly, it analyzes and appraises the company's finance situation, that is, it evaluates the company's total condition, such as raising money, investment and distributing dividend and then by analyzing the balance sheets, income statements and cash flow table. It explains the company's solvency, profitability, activity, cash flow, gaining cash ability and income quality etc.Finally, some advices about how to adjust the company's policies about raising money, capital structure, investment and other aspects are put forward in this paper according to the company's special condition.