Mining Economics Print Print Print

This course provides a solid foundation in the fundamental principles of mining economics; focusing on cost efficiencies at each step in the process.

It also provides an introduction to systematic mine planning and reinforces the importance of engineering decision-making based on costs. At the completion of this course participants will take away a set of templates and solutions that can be utilised back in the workplace.

Who should attend?

This course is recommended for those who play a pivotal role in collecting, analysing and presenting information used to identify the economic implications of mine design, layout and operations. 

Participants typically include:

  • Operational and Planning Engineers
  • Business and Strategic Analysts
  • Financial and Management Accountants
  • Mine Managers
  • Superintendents
 

COURSE DATES

 August    September   October    November   December
5-6 Aug
Sydney
  17-18 Sept
Belo Horizonte
  8-9 Oct
Denver
  4-5 Nov
Perth
  9-10 Dec
Brisbane
20-21 Aug
Brisbane
  24-25 Sept
Santiago
  21-22 Oct
Brisbane
  19-20 Nov
Sydney
  10-11 Dec
Belo Horizonte

  24-25 Sept
Perth
      25-26 Nov
Jakarta
  17-18 Dec
Santiago

               

Course Information and Registration

Learning Outcomes

At the completion of this course participants will be able to:

  • Understand frequently used terminology
  • Describe the practices involved in systematic mine planning and explain the importance of engineering decision-making based on costs
  • Create cashflow models based on compounding and discounting formulae
  • Generate breakeven analyses using Discounted Average Cost
  • Describe costs from an economic perspective
  • Perform incremental and marginal cost analyses
  • Apply economic criteria to real-life decision-making
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