The cash flow model built by the Ferdi makes it possible to simulate the impact of taxation on the sharing of the mineral resource rent between State and investor. This cash flow model applies data from the legal and tax base to a mining project representative of African gold mines. The presentation of the model is downloadable.
Simulations allow to compare, all other things being equal, tax systems as a whole using synthetic indicators, such as the average effective tax rate (AETR) that corresponds to the share of the mineral resource rent captured by the State or the internal rate of return (IRR) that is the discount rate that makes the net present value (NPV) of the project equal to zero.
You can make your own simulations online. Choose a country below. Define the year of granting the mining right. The legislation in force during this year will apply throughout the duration of the project. Choose one of the three representative mines that stand out primarily for their ore grade. And choose the price of gold. The results will be displayed according to the selected parameters.
To go further, the Ferdi can carry out specific tax studies.
Last updated date : September 2020.