Based on recent (January, 2013) spot market prices for iron ore and calculating grade, tonnage, mine life, production costs and recovery rate, the iron ore contained in the known deposits has a present market value of USD$2,912,090,850.
What does PMV stand for?
PMV stands for Present Market Value
This definition appears somewhat frequently and is found in the following Acronym Finder categories:
- Business, finance, etc.
See other definitions of PMV
We have 83 other meanings of PMV in our Acronym Attic
- Picture Music Video
- Pierson's Milk Vetch (plant species)
- Plant Machinery and Vehicles (construction)
- Pony Music Video
- Porlamar, Venezuela - Gral Santiago Marino (Airport Code)
- Post Market Vigilance
- Pre Move Visit
- Precision Measurement Vehicle
- Predicted Mean Vote
- Predicted Motion Vector
Samples in periodicals archive:
The present market value of agricultural land in the same area is reported to be ` 12 to ` 14 lakh per acre, which means that this land if Vadra still owns it would be worth ` 80 crore and change.
9 million pounds) from one of its strategic partners in China at a premium to the present market value.
The difference between its present market value and all the public benefits which the private rail companies have received would be the amount they would be compensated today if the industry is brought back into public ownership.
Under the rules, Fujita needs to register the negative differences between the book value of fixed assets, such as real estate and land, and their present market value as losses.
A total of 47 flats out of an eventual 461 homes are being sold for 75 per cent of their present market value.
Re-denomination of long-term fixed-rate deposits or loans would take place on the basis of present market value and the setting of a new market interest rate for the residue of the fixed term.
In a bid to encourage the purchase of bad loans, the team is eyeing a revision to the law to allow the RCC to buy bad loans from banks at a maximum of 20% of their original book values, levels which would be the same as present market values.