资源与产业 ›› 2011, Vol. 13 ›› Issue (3): 155-160.

• 资源经济 • 上一篇    下一篇

矿业私募股权基金的投资阶段策略研究

佘延双1, 沙景华2, 崔彬1   

  1. (1中国地质大学 地球科学与资源学院,北京 1000832中国地质大学 人文经管学院,北京 100083)
  • 收稿日期:2010-06-01 修回日期:2011-03-28 出版日期:2011-06-20 发布日期:2011-06-20
  • 作者简介:佘延双(1979— ),男,博士生,主要从事资源产业经济、循环经济和矿业投融资研究。E-mail: snowtus@gmail.com

INVESTMENT STRATEGY OF PRIVATE EQUITY FUND IN MINING SECTOR

 SHE  Yan-shuang1, SHA  Jing-hua2, CUI  Bin1   

  • Received:2010-06-01 Revised:2011-03-28 Online:2011-06-20 Published:2011-06-20

摘要:

矿业私募股权基金是专业投资于矿产资源勘探、开发和经营企业的股权投资机构。本文分析了矿业项目开发的周期和风险特点,归纳了勘探项目价值增值额的影响因素和发展过程。在此基础上,提出矿业私募股权基金需要了解不同阶段周期和风险特点,并根据自身的专业优势和资金性质制定相应的投资阶段策略,能够根据自身的风险偏好建立适当的投资组合,获得初级勘查公司和高级勘查公司特定阶段企业增值带来的收益。重点研究和分析了矿业私募股权的投资阶段策略。

关键词: font-family: 宋体, mso-bidi-font-family: 宋体, mso-ansi-language: EN-US, mso-fareast-language: ZH-CN, mso-bidi-language: AR-SA">私募股权;矿业私募股权基金;风险勘探;投资策略

Abstract:

Private equity fund specialized in mining sector is equity investment instituions which profession ally invest in mineral resources exploration, deveopment and operation enterprises. This paper analyzes the period and risks in mining projects, summarizes the factors and progress of exploration project values, and presents strategies of private equity fund in mining sector that PE must be based on minings stage period and risks and on its professional advantages and capital, establish a proper investment portfolio according to its own risk preference, then it can obtain benefits from junior or senior exploration companies at specific stages while values are rising. This paper also discusses the investment staged strategies of private equity fund in mining sector.

Key words: font-family: 宋体, mso-bidi-font-family: 宋体, mso-ansi-language: EN-US, mso-fareast-language: ZH-CN, mso-bidi-language: AR-SA">private equity, private equity fund in mining sector, risk exploration, investment portfolio

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