Introduction

In this assessment, your goal is to implement a Python program to perform several math$-$

ematical operations to calculate the cost and revenue of a gold mining operation. Chapter $2$

$($Simple Python Data$)$ in the Runestone textbook will be helpful if you feel you are missing

something.

Problem

Assume you are an investment planner in a major mining firm and your mine exploration

team notifies you that they found gold in a potential mine. You know that mining is a long$-$

term investment that has a long payback period that can be up to $20$ years. Therefore,

you must carefully calculate the potential revenue and costs and report your findings to the

company executives for them to decide whether it is feasible to invest in this potential field.

Figure $1$: Open Pit Gold Mine. Figure source.

To create the comprehensive financial plan, you consider the lifecycle of a Gold Mine

which has four major stages:

$1.$ Gold Mine Exploration and Discovery:

Gold mine exploration consists of searching for gold ore in a location that requires

expertise in many disciplines $$ e$.$g$.,$ geography, geology, chemistry, and engineering. If

initial indicators are found, we want to explore the area to make sure we have a feasible

amount of valuable minerals to invest in there.

$1$