Mineral Project Economics comprises a wide range of activities, interests and responsibilities relating to the minerals industry. As the focus in global economies turns to favour financially secure and strong projects and it becomes more difficult for new projects to get off the ground. Understanding the influences of project economics with respect to the mining and minerals industry becomes imperative for anyone undertaking the development of a new resource project or involved in the management of a brown fields operation at a senior management level.

This course informs personnel of the different tools available for assessing a resource projects economics to determine viability. Fundamental aspects of the mining industry including the effect of commodity prices and markets, government legislation and mineral agencies, sources of capital and resource accounting practices are highlighted as well as methods for assessing risk, valuing projects, developing strategic plans, financial models and estimating CAPEX and OPEX costs are provided.

Case studies are also examined to illustrate successful and sustainable domestic and international resource developments as well as identify potential problem areas, and learn from the trips and traps other less profitable projects across a range of different minerals have encountered.

Personnel attending this course will become familiar with the financial aspects of resource project development ensuring a better understanding and hence better financial outcomes and return to investors. Attendees will appreciate the importance of the business of mining and how this impacts ability to raise capital within mining organisations, determine and meet development targets and realise the full bankable potential of reserves in the ground.

Participants are provided with comprehensive course notes on CD covering the basic theoretical and practical aspects of financial models and sensitivity analysis. This will serve as a valuable resource for later reference. The course will treat the subjects in sufficient detail to provide a very good understanding of Mineral Project Economics.

• How to develop financial models
• Role of Feasibility Studies
• How to avoid pitfalls with financial analysis
• How to improve your financial modelling techniques
• Understand the sources of mineral finance

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