PRONÓSTICO DEL PRECIO DE LA PLATA

Mes Precio Ag Pronóstico

Jan-15 17.00 PRONÓSTICO PRECIO Ag (U
25.00
Feb-15 16.50
Mar-15 16.00 #N/A
20.00
Apr-15 16.20 #N/A
May-15 17.00 #N/A
15.00
Jun-15 15.90 #N/A
Jul-15 15.00 #N/A
10.00
Aug-15 14.50 #N/A
Sep-15 14.30 #N/A
5.00
Oct-15 15.80 #N/A
Nov-15 14.20 #N/A 0.00
Dec-15 14.00 #N/A Jan-15 May-15 Sep-15 Jan-16 May-16 Sep-16 Jan-17 May-17
Jan-16 14.10
Feb-16 15.10
Mar-16 15.70 #N/A Precio Ag Linear (Precio Ag)
Apr-16 16.40 #N/A
May-16 16.80 #N/A
Jun-16 17.00 #N/A
Jul-16 20.00 #N/A
Aug-16 19.80 #N/A
Sep-16 19.50 #N/A
Oct-16 17.80 #N/A
Nov-16 17.50 #N/A
Dec-16 16.30 #N/A
Jan-17 16.80
Feb-17 17.90
Mar-17 17.80 #N/A
Apr-17 18.00 #N/A
May-17 16.80 #N/A
Jun-17 17.00 #N/A
Jul-17 16.00 #N/A
Aug-17 17.00 #N/A
Sep-17 17.70 #N/A
Oct-17 17.00 #N/A
Nov-17 17.40 #N/A
Dec-17 16.00 #N/A
Jan-18 17.10
Feb-18 16.60
Mar-18 16.50 #N/A
Apr-18 16.80 #N/A
May-18 17.52
Jun-18 17.57
Jul-18 17.61
Aug-18 17.66
Sep-18 17.70
Oct-18 17.74
Nov-18 17.79
Dec-18 17.83
ÓSTICO PRECIO Ag (USD/oz)

an-16 May-16 Sep-16 Jan-17 May-17 Sep-17 Jan-18 May-18 Sep-18

Ag Linear (Precio Ag) Pronóstico

PRONÓSTICO DEL PRECIO DE LA PLATA_MEDIA MÓVIL
PERIODO 2015 2016 2017 Xi
1 Ene 17.00 14.10 16.80 15.97
2 Feb 16.50 15.10 17.90 16.50
3 Mar 16.00 15.70 17.80 16.50
4 Abr 16.20 16.40 18.00 16.87
5 May 17.00 16.80 16.80 16.87
6 Jun 15.90 17.00 17.00 16.63
7 Jul 15.00 20.00 16.00 17.00
8 Ago 14.50 19.80 17.00 17.10
9 Set 14.30 19.50 17.70 17.17
10 Oct 15.80 17.80 17.00 16.87
11 Nov 14.20 17.50 17.40 16.37
12 Dic 14.00 16.30 16.00 15.43
Xg 16.61

PRECIO
ti PERIODO PRECIO I DESESTACIONALIZADO Xi*ti
2015 1 Jan 17.00 0.96152559 17.680236604 17.6802366
2015 2 Feb 16.50 0.99364336 16.6055555556 33.2111111
2015 3 Mar 16.00 0.99364336 16.1023569024 48.3070707
2015 4 Apr 16.20 1.01572432 15.9492094862 63.7968379
2015 5 May 17.00 1.01572432 16.7368247694 83.6841238
2015 6 Jun 15.90 1.0016728 15.8734468938 95.2406814
2015 7 Jul 15.00 1.02375376 14.6519607843 102.563725
2015 8 Aug 14.50 1.02977584 14.080734243 112.645874
2015 9 Sep 14.30 1.03379057 13.8325889968 124.493301
2015 10 Oct 15.80 1.01572432 15.5554018445 155.554018
2015 11 Nov 14.20 0.98561392 14.4072640869 158.479905
2015 12 Dec 14.00 0.92940783 15.0633549316 180.760259
2016 13 Jan 14.10 0.96152559 14.6641962422 190.634551
2016 14 Feb 15.10 0.99364336 15.1965993266 212.752391
2016 15 Mar 15.70 0.99364336 15.8004377104 237.006566
2016 16 Apr 16.40 1.01572432 16.146113307 258.337813
2016 17 May 16.80 1.01572432 16.5399209486 281.178656
2016 18 Jun 17.00 1.0016728 16.9716098864 305.488978
2016 19 Jul 20.00 1.02375376 19.5359477124 371.183007
2016 20 Aug 19.80 1.02977584 19.2274853801 384.549708
2016 21 Sep 19.50 1.03379057 18.8626213592 396.115049
2016 22 Oct 17.80 1.01572432 17.5244400527 385.537681
2016 23 Nov 17.50 0.98561392 17.755431093 408.374915
2016 24 Dec 16.30 0.92940783 17.5380489561 420.913175
2017 25 Jan 16.80 0.96152559 17.4722338205 436.805846
2017 26 Feb 17.90 0.99364336 18.0145117845 468.377306
2017 27 Mar 17.80 0.99364336 17.9138720539 483.674545
2017 28 Apr 18.00 1.01572432 17.7213438735 496.197628
 2017 29 May 16.80 1.01572432 16.5399209486 479.657708
2017 30 Jun 17.00 1.0016728 16.9716098864 509.148297
2017 31 Jul 16.00 1.02375376 15.6287581699 484.491503
2017 32 Aug 17.00 1.02977584 16.5084470435 528.270305
2017 33 Sep 17.70 1.03379057 17.1214563107 565.008058
2017 34 Oct 17.00 1.01572432 16.7368247694 569.052042
2017 35 Nov 17.40 0.98561392 17.6539714868 617.889002
2017 36 Dec 16.00 0.92940783 17.215262779 619.74946
suma 666 597.8 11286.8113

b 0.05856148
a 15.5221683
 I 2018
PRECIO Ag
0.96152559 14.9812704
0.99364336 15.5398778 21.00

0.99364336 15.5980671 20.00

1.01572432 16.0041731 19.00

1.01572432 16.0636554 18.00
1.0016728 15.9000904 17.00
1.02375376 16.3105459 16.00
1.02977584 16.4667955 15.00
1.03379057 16.5915338 14.00
1.01572432 16.361067 13.00
0.98561392 15.9337741 12.00
Ene Feb Ma r Abr May Jun Jul Ago Set Oct Nov Di c
0.92940783 15.0795546
2015 2016 2017 2018

ti*ti
1
4
9
16
25
36
49
64
81
100
121
144
169
196
225
256
289
324
361
400
441
484
529
576
625
676
729
784
 841
900
961
1024
1089
1156
1225
1296
16206
 Oct Nov Di c
018
 Ventas en 2012
Mes Precio Zn ($/TM) Pronostico
Jan-15 2,150
Feb-15 2,000
Mar-15 1,900 #N/A
Apr-15 2,200 #N/A Precio Zn ($/
4,000
May-15 2,300 #N/A
Jun-15 1,800 #N/A 3,500
Jul-15 1,750 #N/A 3,000
Aug-15 1,720 #N/A 2,500
Sep-15 1,700 #N/A
2,000
Oct-15 1,710 #N/A
1,500
Nov-15 1500 #N/A
Dec-15 1400 #N/A 1,000
Jan-16 1,400 500
Feb-16 1,700 0
Mar-16 1,750 #N/A 5 5 5 5 6 6 6 6
n-1 r-1 l -1 c t-1 n-1 r-1 l -1 c t-1 n-
1
Apr-16 1,800 #N/A Ja Ap Ju O Ja Ap Ju O Ja
May-16 1,800 #N/A
Precio Zn ($/TM) Linear (Pre
Jun-16 2,000 #N/A
Jul-16 2,200 #N/A
Aug-16 2,300 #N/A
Sep-16 2,300 #N/A
Oct-16 2,300 #N/A
Nov-16 2500 #N/A
Dec-16 2700 #N/A
Jan-17 2,700
Feb-17 2,850
Mar-17 2,700 #N/A
Apr-17 2,600 #N/A
May-17 2,600 #N/A
Jun-17 2,600 #N/A
Jul-17 2,700 #N/A
Aug-17 3,000 #N/A
Sep-17 3,100 #N/A
Oct-17 3,250 #N/A
Nov-17 3200 #N/A
Dec-17 3200 #N/A
Jan-18 3,590
Feb-18 3,600
Mar-18 3,270 #N/A
Apr-18 3,100 #N/A
May-18 3,305
Jun-18 3,351
Jul-18 3,396
Aug-18 3,442
Sep-18 3,489
Oct-18 3,534
Nov-18 3,580
Dec-18 3,625
 Precio Zn ($/TM)

6 6 6 7 7 7 7 8 8 8 8
pr-1 l -1 c t-1 n-1 r-1 l -1 c t-1 n-1 r-1 l -1 c t-1
A Ju O Ja Ap Ju O Ja Ap Ju O

$/TM) Linear (Precio Zn ($/TM)) Pronostico

PRONÓSTICO DEL PRECIO DEL ZINC_MEDIA MÓVIL
PERIODO 2015 2016 2017 Xi
1 Ene 2,150 1,400 2,700 2,083.33
2 Feb 2,000 1,700 2,850 2,183.33
3 Mar 1,900 1,750 2,700 2,116.67
4 Abr 2,200 1,800 2,600 2,200.00
5 May 2,300 1,800 2,600 2,233.33
6 Jun 1,800 2,000 2,600 2,133.33
7 Jul 1,750 2,200 2,700 2,216.67
8 Ago 1,720 2,300 3,000 2,340.00
9 Set 1,700 2,300 3,100 2,366.67
10 Oct 1,710 2,300 3,250 2,420.00
11 Nov 1500 2500 3200 2,400.00
12 Dic 1400 2700 3200 2,433.33
Xg 2,260.56

PRECIO
ti PERIODO PRECIO I DESESTACIONALIZADO Xi*ti
2015 1 Jan 2,150 0.92160236 2332.8933333333 2332.89333
2015 2 Feb 2,000 0.96583927 2070.737913486 4141.47583
2015 3 Mar 1,900 0.936348 2029.1601049869 6087.48031
2015 4 Apr 2,200 0.97321209 2260.5555555556 9042.22222
2015 5 May 2,300 0.98795773 2328.0348258707 11640.1741
2015 6 Jun 1,800 0.94372082 1907.34375 11444.0625
2015 7 Jul 1,750 0.98058491 1784.649122807 12492.5439
2015 8 Aug 1,720 1.03514377 1661.6049382716 13292.8395
2015 9 Sep 1,700 1.04694028 1623.779342723 14614.0141
2015 10 Oct 1,710 1.0705333 1597.3347107438 15973.3471
2015 11 Nov 1500 1.06168592 1412.8472222222 15541.3194
2015 12 Dec 1400 1.07643156 1300.5936073059 15607.1233
2016 13 Jan 1,400 0.92160236 1519.0933333333 19748.2133
2016 14 Feb 1,700 0.96583927 1760.1272264631 24641.7812
2016 15 Mar 1,750 0.936348 1868.9632545932 28034.4488
2016 16 Apr 1,800 0.97321209 1849.5454545455 29592.7273
2016 17 May 1,800 0.98795773 1821.9402985075 30972.9851
2016 18 Jun 2,000 0.94372082 2119.2708333333 38146.875
2016 19 Jul 2,200 0.98058491 2243.5588972431 42627.619
2016 20 Aug 2,300 1.03514377 2221.9135802469 44438.2716
2016 21 Sep 2,300 1.04694028 2196.8779342723 46134.4366
2016 22 Oct 2,300 1.0705333 2148.4618916437 47266.1616
2016 23 Nov 2500 1.06168592 2354.7453703704 54159.1435
2016 24 Dec 2700 1.07643156 2508.2876712329 60198.9041
2017 25 Jan 2,700 0.92160236 2929.68 73242
2017 26 Feb 2,850 0.96583927 2950.8015267176 76720.8397
2017 27 Mar 2,700 0.936348 2883.5433070866 77855.6693
2017 28 Apr 2,600 0.97321209 2671.5656565657 74803.8384
 2017 29 May 2,600 0.98795773 2631.6915422886 76319.0547
2017 30 Jun 2,600 0.94372082 2755.0520833333 82651.5625
2017 31 Jul 2,700 0.98058491 2753.4586466166 85357.218
2017 32 Aug 3,000 1.03514377 2898.1481481482 92740.7407
2017 33 Sep 3,100 1.04694028 2961.0093896714 97713.3099
2017 34 Oct 3,250 1.0705333 3035.8700642792 103219.582
2017 35 Nov 3200 1.06168592 3014.0740740741 105492.593
2017 36 Dec 3200 1.07643156 2972.7853881279 107020.274
suma 666 81380 1651307.74

b 37.523229
a 1566.37582
 I 2018
PRECIO Zn
0.92160236 1478.15715
0.96583927 1585.3501 3,500

0.936348 1572.07726
3,000
0.97321209 1670.48813
0.98795773 1732.86992
2,500
0.94372082 1690.69018
0.98058491 1793.52748 2,000
1.03514377 1932.15966
1.04694028 1993.46316 1,500
1.0705333 2078.55614
1.06168592 2101.21587 1,000
Ene Feb Ma r Abr May Jun Jul Ago Set Oct Nov Di c
1.07643156 2170.79061
2015 2016 2017 2018

ti*ti
1
4
9
16
25
36
49
64
81
100
121
144
169
196
225
256
289
324
361
400
441
484
529
576
625
676
729
784
 841
900
961
1024
1089
1156
1225
1296
16206
 Oct Nov Di c
018
PRONÓSTICO DEL PRECIO DE LA PLATA
Mes Precio Ag Pronóstico
2001 119.00 PRONÓSTICO DE RECURSOS Y RESERVAS
600.00
2002 129.00
2003 128.00 #N/A 500.00
2004 143.00 #N/A f(x) = 18.2352941176x + 102.2352941176
R² = 0.8555454659
2005 152.00 #N/A 400.00
2006 203.00 #N/A
300.00
2007 256.00 #N/A
2008 259.00 #N/A 200.00
2009 310.00 #N/A
2010 310.00 #N/A 100.00
2011 360.00 #N/A 0.00
2012 377.00 #N/A
01 002 003 0 04 005 006 00 7 00 8 0 09 0 10 0 11 0 12 0 13 0 14 015 016 017
2013 379.00 20 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2 2
2014 356.00
2015 364.00 #N/A Precio Ag Linear (Precio Ag) Pro
2016 339.00 #N/A
2017 344.00 #N/A
2018 430.47
2019 448.71
2020 466.94
2021 485.18
2022 503.41
 Mes Precio Ag Pronóstico
ECURSOS Y RESERVAS (MT) 2001 119 36590.475
2002 129 36608.71
2003 128 36626.945
941176 2004 143 36645.18
2005 152 36663.415
2006 203 36681.65
2007 256 36699.885
2008 259 36718.12
2009 310 36736.355
2010 310 36754.59
2011 360 #N/A
2012 377 #N/A
9 10 0 11 0 12 0 13 0 14 015 016 017 018 019 02 0 02 1 0 22
20 2 2 2 2 2 2 2 2 2 2 2 2 2013 379
2014 356
Linear (Precio Ag) Pronóstico 2015 364 #N/A
2016 339 #N/A
2017 344 #N/A
2018 430.470588
2019 448.705882
2020 466.941176
2021 485.176471
2022 503.411765
PRONÓSTICO DE FINOS DE ZN
Mes Finos Zn Pronóstico Zn Finos Pb Pronóstico Pb Finos Ag Pronóstico Ag
2001 3,925.00 1,066.00 150.00
2002 3,603.00 978.00 165.00
2003 3,562.00 #N/A 1,032.00 191.00
2004 3,403.00 #N/A 939.00 205.00
2005 4,131.00 #N/A 1,227.00 232.00
2006 4,434.00 #N/A 1,300.00 275.00
2007 5,995.00 #N/A 1,655.00 364.00
2008 5,171.00 #N/A 1,601.00 382.00
2009 5,610.00 #N/A 1,823.00 407.00
2010 5,715.00 #N/A 1,707.00 453.00
2011 5,238.00 #N/A 1,520.00 438.00
2012 4,112.00 #N/A 1,147.00 355.00
2013 2,728.00 676.00 276.00
2014 2,865.00 693.00 242.00
2015 2,840.00 #N/A 701.00 267.00
2016 2,536.00 #N/A 614.00 215.00
2017 2,039.00 #N/A 465.00 179.00
2018 3,175.55 830.55 323.10
2019 3,084.55 797.71 327.66
2020 2,993.56 764.87 332.21
2021 2,902.56 732.03 336.76
2022 2,811.56 699.19 341.32
 PRONÓSTICO DE FINOS (MTM)
7,000.00

6,000.00

5,000.00

4,000.00

3,000.00

2,000.00

1,000.00

0.00
01 02 03 04 05 06 07 08 09 10 11 12 13 14 15 16 17 18 19 20 21
20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 20 2

Finos Zn Linear (Finos Zn) Pronóstico Zn

Finos Pb Linear (Finos Pb) Pronóstico Pb
Finos Ag Linear (Finos Ag) Pronóstico Ag
MTM)

16 17 18 19 20 21 22
20 20 20 20 20 20 20

Pronóstico Zn
Pronóstico Pb
Pronóstico Ag
PRONÓSTICO DE LA PRODUCCIÓN_MEDIA MÓVIL
PERIODO 2015 2016 2017 Xi
1 Ene 154,204 127,100 167,100.00 149,468.00
2 Feb 160,660 114,800 155,960.00 143,806.67
3 Mar 142,641 127,100 167,100.00 145,613.67
4 Abr 140,916 123,000 168,000.00 143,972.00
5 May 138,878 127,100 168,000.00 144,659.33
6 Jun 144,060 123,000 168,000.00 145,020.00
7 Jul 133,729 127,100 168,000.00 142,943.00
8 Ago 138,310 127,100 168,000.00 144,470.00
9 Set 152,160 123,000 168,000.00 147,720.00
10 Oct 161,206 127,100 168,000.00 152,102.00
11 Nov 154,079 123,000 168,000.00 148,359.67
12 Dic 157,982 127,100 168,000.00 151,027.33
Xg 146,596.81

PRECIO
ti PERIODO PRECIO I DESESTACIONALIZADO Xi*ti
2015 1 Jan 154,204 1.01958565 151241.829715316 151241.83
2015 2 Feb 160,660 0.98096726 163777.12748984 327554.255
2015 3 Mar 142,641 0.99329359 143604.068353817 430812.205
2015 4 Apr 140,916 0.98209507 143485.090515285 573940.362
2015 5 May 138,878 0.98678367 140738.040835787 703690.204
2015 6 Jun 144,060 0.98924393 145626.367455064 873758.205
2015 7 Jul 133,729 0.97507582 137147.283953316 960030.988
2015 8 Aug 138,310 0.98549214 140346.121522731 1122768.97
2015 9 Sep 152,160 1.00766179 151003.045852514 1359027.41
2015 10 Oct 161,206 1.0375533 155371.2945023 1553712.95
2015 11 Nov 154079 1.01202524 152248.179782877 1674729.98
2015 12 Dec 157982 1.03022254 153347.450584736 1840169.41
2016 13 Jan 127,100 1.01958565 124658.481990199 1620560.27
2016 14 Feb 114,800 0.98096726 117027.351150464 1638382.92
2016 15 Mar 127,100 0.99329359 127958.140280636 1919372.1
2016 16 Apr 123,000 0.98209507 125242.457445429 2003879.32
2016 17 May 127,100 0.98678367 128802.294029498 2189639
2016 18 Jun 123,000 0.98924393 124337.381625523 2238072.87
2016 19 Jul 127,100 0.97507582 130348.838250989 2476627.93
2016 20 Aug 127,100 0.98549214 128971.09424871 2579421.88
2016 21 Sep 123,000 1.00766179 122064.764983302 2563360.06
2016 22 Oct 127,100 1.0375533 122499.730352731 2694994.07
2016 23 Nov 123,000 1.01202524 121538.471260158 2795384.84
2016 24 Dec 127,100 1.03022254 123371.402877036 2960913.67
2017 25 Jan 167,100 1.01958565 163890.104961151 4097252.62
2017 26 Feb 155,960 0.98096726 158985.938026363 4133634.39
2017 27 Mar 167,100 0.99329359 168228.208032213 4542161.62
2017 28 Apr 168,000 0.98209507 171062.868705952 4789760.32
 2017 29 May 168,000 0.98678367 170250.081801382 4937252.37
2017 30 Jun 168,000 0.98924393 169826.66758608 5094800.03
2017 31 Jul 168,000 0.97507582 172294.294462361 5341123.13
2017 32 Aug 168,000 0.98549214 170473.200895226 5455142.43
2017 33 Sep 168,000 1.00766179 166722.605830851 5501845.99
2017 34 Oct 168,000 1.0375533 161919.391811635 5505259.32
2017 35 Nov 168,000 1.01202524 166003.765623631 5810131.8
2017 36 Dec 168,000 1.03022254 163071.563204894 5870576.28
suma 666 5277485 100330986

b 694.340665
a 133751.503
 I 2018 PRONÓSTICO PRODUCCIÓN
1.01958565 137079.054
180,000
0.98096726 132568.097
0.99329359 134923.563 170,000

0.98209507 134084.326 160,000

0.98678367 135409.619 150,000
0.98924393 136434.096 140,000
0.97507582 135157.1
130,000
0.98549214 137285.194
120,000
1.00766179 141073.225
110,000
1.0375533 145978.469
1.01202524 143089.49 100,000
Ene Feb Ma r Abr May Jun Jul Ago Set Oct Nov Dic
1.03022254 146377.718
2015 2016 2017 2018

ti*ti
1
4
9
16
25
36
49
64
81
100
121
144
169
196
225
256
289
324
361
400
441
484
529
576
625
676
729
784
 841
900
961
1024
1089
1156
1225
1296
16206
N

et Oct Nov Dic

2018