Article
Article name The construction of mathematical models in assessing predictive values of gold mining companies in the Kyrgyz republic
Authors Zhaparov G.. ,
Artykbaev O.. ,
Bibliographic description Zhaparov G., Artykbaev О . The construction of mathematical models in assessing predictive values of gold mining companies in the Kyrgyz Republic // Transbaikal State University Journal, 2017, vol. 23, no. 12, pp. 112-120. DOI: 10.21209/2227-9245-2017-23-12-112-120.
Category Economics
DOI 330.322/43:622.013 (575.2)
DOI 10.21209/2227-9245-2017-23-12-112-120
Article type Original article
Annotation The issues related to the assessment of the investment opportunities of mining companies, based on the conceptual views of the classics of economic theory, which can at this stage give some impetus to the development of the mining industry. The main direchons of development of the mining industry are determined, in particular, the analysis of the activity of hie main mining companies in the gold mining industry is given. Based on the main criteria for assessing the development of gold mining companies, an excursion into the history of the largest Kumtor field is made, where at this stage the main resource - gold is extracted. The study showed that Kumtor Operating Company is not only the largest taxpayer and developer on the territory of Kyrgyzstan, but also an employer. The approximate profit is calculated, proceeding from hie trends in the world gold market taking into account the gold price up to 2020. One of the main enterprises on the Kyrgyz side for gold mining is S JSC Kyrgyz at tyn, which currently does not have good indicators. Despite this, recently the company is the holder of the “Centera Gold Inc. Company” shares from Kyrgyzstan, however, taking into account the dividend policy on the part of the state in relation to state-owned companies, no significant improvements have been revealed. The forecasting of direchons and trends of profits of these companies was carried out, which allows to assess the opportunities of these companies in the implementation of their investment policy
Key words investment, mining company, profit, trends, coefficients of determination, gold mining industry, econometric model, medium-term forecast, coefficients of pair correlation, multicollinearity
Article information
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