EJERCICIO N2

Reservas30,000,000Ley Cobre (%)1.80%VIDA DE LA MINA (Aos)Ratio de produccin5,555.5615Produccin anual2,000,000Recuperacin total84.07%Concentrado de cobre85.00%Fundicin cobre 99.10%Refinera cobre 99.80%Inversin total (US$)Inversin estimada total (mina y planta concentradora):$160,000,000Inversin equipos e infraestructura$75,000,000ingeniera$4,000,000Precio venta Cobre (US$/Lb)$3.10Costo Operativo Minado 4 US$/TM mineralConcentracin 6 US$/TM mineralCosto Fundicin y Refinacin (US$/Lb)$0.25

OPERACINERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!AOS20122013201420152016201720182019202020212022202320242025202620272028202901234567891011121314151617Produccion Anual (TM)2,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,0002,000,000Ley %1.85%1.85%1.85%1.85%1.85%1.80%1.80%1.80%1.80%1.80%1.75%1.75%1.75%1.75%1.75%Cu Fino (lb)68,573,23768,573,23768,573,23768,573,23768,573,23766,719,90666,719,90666,719,90666,719,90666,719,90664,866,57564,866,57564,866,57564,866,57564,866,575

INGENIERIACOSTRUCCIONERROR:#REF!OPERACINERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!ERROR:#REF!201220132014201520162017201820192020202120222023202420252026202720282029EVALUACION ECONOMICA FINANCIERA01234567891011121314151617Ingresos$212,577,034$212,577,034$212,577,034$212,577,034$212,577,034$206,831,708$206,831,708$206,831,708$206,831,708$206,831,708$201,086,383$201,086,383$201,086,383$201,086,383$201,086,383Costos Operativos/Costo Ventas (-)$37,143,309$37,143,309$37,143,309$37,143,309$37,143,309$36,679,976$36,679,976$36,679,976$36,679,976$36,679,976$36,216,644$36,216,644$36,216,644$36,216,644$36,216,644Costos Minado$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000$8,000,000Costo Concentracion$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000$12,000,000Costo Fund&Ref$17,143,309$17,143,309$17,143,309$17,143,309$17,143,309$16,679,976$16,679,976$16,679,976$16,679,976$16,679,976$16,216,644$16,216,644$16,216,644$16,216,644$16,216,644Ingreso Bruto$175,433,724$175,433,724$175,433,724$175,433,724$175,433,724$170,151,732$170,151,732$170,151,732$170,151,732$170,151,732$164,869,739$164,869,739$164,869,739$164,869,739$164,869,739Depreciacin (-)$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000Gastos Operativos (-)$3,750,000$3,750,000$3,750,000$3,750,000$3,750,000$3,750,000$3,750,000$3,750,000$3,750,000$3,750,000$3,750,000$3,750,000Gastos Financieros (-)Utilidad antes participacin trabajadores$167,933,724$167,933,724$167,933,724$164,183,724$164,183,724$158,901,732$158,901,732$158,901,732$158,901,732$158,901,732$153,619,739$153,619,739$153,619,739$153,619,739$153,619,739Participacin trabajadores (-)$13,434,698$13,434,698$13,434,698$13,134,698$13,134,698$12,712,139$12,712,139$12,712,139$12,712,139$12,712,139$12,289,579$12,289,579$12,289,579$12,289,579$12,289,579Utilidad antes impuesto a la renta$154,499,027$154,499,027$154,499,027$151,049,027$151,049,027$146,189,593$146,189,593$146,189,593$146,189,593$146,189,593$141,330,160$141,330,160$141,330,160$141,330,160$141,330,160Impuesto a la renta (-)$46,349,708$46,349,708$46,349,708$45,314,708$45,314,708$43,856,878$43,856,878$43,856,878$43,856,878$43,856,878$42,399,048$42,399,048$42,399,048$42,399,048$42,399,048Utilidad Neta$108,149,319$108,149,319$108,149,319$105,734,319$105,734,319$102,332,715$102,332,715$102,332,715$102,332,715$102,332,715$98,931,112$98,931,112$98,931,112$98,931,112$98,931,112Mas depreciacin (+)$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000$7,500,000CAPEX$-4,000,000 $-78,000,000 $-78,000,000 Flujo efectivo neto$-4,000,000 $-78,000,000 $-78,000,000 $115,649,319$115,649,319$115,649,319$113,234,319$113,234,319$109,832,715$109,832,715$109,832,715$109,832,715$109,832,715$106,431,112$106,431,112$106,431,112$106,431,112$106,431,112Flujo Acumulado$-4,000,000 $-82,000,000 $-160,000,000 $-44,350,681 $71,298,637$186,947,956$300,182,274$413,416,593$523,249,308$633,082,023$742,914,739$852,747,454$962,580,170$1,069,011,282$1,175,442,394$1,281,873,506$1,388,304,618$1,494,735,730

PART. TRABAJADORES8%TIR55%IMPUESTOS30%VPN 17%$309,729,961VPN 15%$365,474,973VPN 10%$562,549,901VPN 9%$615,529,068VPN 5%$896,125,744

&"-,Negrita Cursiva"&10INGENIERA DE MINAS&"-,Negrita Cursiva"&10UNIVERSIDAD NACIONAL DE MOQUEGUA

&"-,Negrita Cursiva"&10ECONOMA MINERA&"-,Negrita Cursiva"&10AGOSTO 2013

El resultado del TIR, es de un valor elevado, lo que indica que el proyecto es muy rentable. Para valores de interes, de 17% al 5% el van da resultados positivos.Gastos operativos, a partir del 4 ao de operaciones. 50% de la depreciacin.

La depreciacin es del 100% para 10 aos. Esto quiere decir que hay que renovar los equipos despus del dcimo ao.En los primeros aos se extrae el mineral con las leyes ms altas, para tener un rpido retorno de la inversin.

Las leyes son estimadas, pero la ley ponderada sigue siendo de 1.8%.