• Dredge – A dredge is a piece of equipment that uses a water pump to suck up water and gravel and then inject the material into a sluice. • Dry washer – A dry washer is like a dredge, but it uses air, rather than water, to capture gold. This type of equipment is often used in desert areas where there is little water.
The main mining valuation methods in the industry include price to net asset value P/NAV, price to cash flow P/CF, total acquisition cost TAC EV/Resources. The best way to value a mining asset or company is to build a discounted cash flow (DCF) model that takes into account a .