Skip to Main Content
HBS Home
  • About
  • Academic Programs
  • Alumni
  • Faculty & Research
  • Baker Library
  • Giving
  • Harvard Business Review
  • Initiatives
  • News
  • Recruit
  • Map / Directions
Faculty & Research
  • Faculty
  • Research
  • Featured Topics
  • Academic Units
  • …→
  • Harvard Business School→
  • Faculty & Research→
Publications
Publications
  • February 2003 (Revised October 2004)
  • Background Note
  • HBS Case Collection

Antamini Simulation Model

By: Peter Tufano
  • Format:Print
  • | Pages:5
ShareBar

Abstract

Antamini is a simulation of the value of an investment project whose outcome is uncertain. This case describes the situation facing a natural resource firm as it contemplates bidding on a copper mine in Peru. The bidder faces uncertainties about the ore deposit size and copper prices as well as a peculiar set of bidding rules set up by the Peruvian government. The model is a simplified and stylized representation of the actual problem facing the bidder. Uses Crystal Ball (CB), an Excel Add-In, to simulate the uncertainty facing the bidder, using Monte Carlo analysis. The instructions for downloading, installing, and running the model are included.

Keywords

Valuation; Auctions; Investment; Mining; Mining Industry; Peru

Citation

Tufano, Peter. "Antamini Simulation Model." Harvard Business School Background Note 203-083, February 2003. (Revised October 2004.)
  • Find it at Harvard

About The Author

Peter Tufano

General Management
→More Publications

More from the Author

    • November 2023
    • Faculty Research

    Aviva plc: Examining Net Zero

    By: Peter Tufano, Brian Trelstad and Matteo Gasparini
    • September 2023
    • Faculty Research

    Forecasting Climate Risks: Aviva’s Climate Calculus

    By: Mark Egan and Peter Tufano
    • 2023
    • Faculty Research

    The Evolving Academic Field of Climate Finance

    By: Matteo Gasparini and Peter Tufano
More from the Author
  • Aviva plc: Examining Net Zero By: Peter Tufano, Brian Trelstad and Matteo Gasparini
  • Forecasting Climate Risks: Aviva’s Climate Calculus By: Mark Egan and Peter Tufano
  • The Evolving Academic Field of Climate Finance By: Matteo Gasparini and Peter Tufano
ǁ
Campus Map
Harvard Business School
Soldiers Field
Boston, MA 02163
→Map & Directions
→More Contact Information
  • Make a Gift
  • Site Map
  • Jobs
  • Harvard University
  • Trademarks
  • Policies
  • Accessibility
  • Digital Accessibility
Copyright © President & Fellows of Harvard College