Gold Claim at Sturgeon Lake Harvard Case Solution & Analysis

A freelance geologist was asked for recommendations concerning 2 mining declares to building on Sturgeon Lake, near Thunder Bay, Ontario. Particularly, he was asked if there was sufficient gold on the home to pursue a financially practical mining chance.

When these phases were finished might real mining of the building start, there was significant unpredictability surrounding the expenses and real expediency of conclusion of these phases; yet just. If mining continued, it was presumed it would take 10 years to draw out all the gold from the website, and the overall quantity of gold in the mine would be drawn out at an even rate over the 10-year duration. Mining expenses were presumed to be $30 an ounce, and the geologist utilized a discount rate of 20 percent prior to taxes when examining jobs.

PUBLICATION DATE: November 24, 2009 PRODUCT #: 909E18-PDF-ENG

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