The Risk and Value Theme’s vision is of a dynamic, world-class research group supporting financially optimal decision-making within the exploration/mining sector. The Theme Leader for Progressive Risk and Value Analysis is Professor Allan Trench.
The mission of the research theme is to influence and to inform the strategic rationale through which senior decision-makers in the exploration sector make their investment choices. This will be achieved by uncovering value in the exploration/mining sector by marrying geological criteria with financial considerations including advanced financial modelling and risk analysis.
Our objective is to create a sustainable research group that supports financially optimal decision-making in the exploration/mining sector by focusing upon four sub-theme areas, namely:
Integration of Progressive Risk & Value Analyses into the broader disciplines of both exploration geoscience and mineral economics, including, for example, the semi-quantitative assessment and measurement of geological and technical risk; (Sub-theme leaders; Dr Allan Trench, Dr Jose Saavedra-Rosas, Dr Daniel Packey, GCSB)
Advancement of the Frontiers of Progressive Risk & Value Methodologies, including, for example, the development of methodologies for estimating the Real Options Value (ROV) associated with mineral investment opportunities, the assessment of risk tolerance and its relationship with investment behaviour - and the development of asset and corporate-level value & risk ‘dashboards’ to track value accretion and risk mitigation strategies in exploration activities; (Sub-theme leaders Drs Bryan Maybee & Pietro Guj),
Influential Contributions to Mineral Policy, including, for example, the quantitative assessment of the economic impacts of mineral taxation and royalty regimes upon industry and societal economic returns, the benchmarking of mineral policies between jurisdictions and proactive research aimed at assisting policy makers in formulating mineral policies (Sub-theme leaders Drs Bryan Maybee & Pietro Guj),
Knowledge Transfer and Data Sharing of Risk & Value Information and Insights, including, for example, the delivery of both domestic and international short courses, the development and maintenance of selected databases critical to the success of the exploration industry and the provision of key insights in value and risk to CET stakeholders in a timely manner.(Sub-theme leaders; Dr Allan Trench, Dr Jose Saavedra-Rosas, Dr Daniel Packey, GCSB)