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

April   May    June
1-2 Apr
Toronto
  5-6 May
Brisbane
  9-10 Jun
Santiago
    13-14 May
Perth
  18-19 Jun
Calgary
    22-23 May
Belo Horizonte
   

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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