RISK MANAGEMENT AS INSTRUMENT FOR FINANCING PROJECTS IN MINING INDUSTRY

11th International Multidisciplinary Scientific GeoConference SGEM2011, www.sgem.org, SGEM2011 Conference Proceedings/ ISSN 1314-2704, June 20-25, 2011, Vol. 1, 913-920 pp

ABSTRACT

This paper gives some information about risk management and its significance for
financing project in mining industry. The projects in mining industry are very exacting
for financial sources. By the obtaining of financial sources must be accepted kinds of
financing. In the concrete mining company we were determining, which kind of
financing is possible to use to finance mining projects with acceptance of risk. With the
selection of the form of financing are connecting risks, that we are analyzing and we were projecting possible form of financing for mining projects. Suggested financial
sources we were appreciating in term of optimal capital structure in concrete mining
company.

Keywords: risk, risk management, costs, investment, project, capital.