Courses Handbook 2006 - [Archived]

309991 (v.1) WASM Project Evaluation 381


Area:

WASM Mineral Economics Teaching Area

Credits:

12.5

Contact Hours:

3.0
 
** The tuition pattern below provides details of the types of classes and their duration. This is to be used as a guide only. For more precise information please check your unit outline. **
 

Lecture:

1 x 2 Hours Weekly

Tutorial:

1 x 1 Hours Weekly
 

Syllabus:

The principles and application of financial / technical modelling to mining projects and financing are covered in this unit. Topics include - the time value of money in nominal and real dollar terms, depreciation, taxes, royalties and other inputs to discounted cash flow evaluations. The financial / technical modelling of mine operations. Introduction to economics, mineral economics and mineral supply processes. Commodity markets and marketing. Estimation of mine revenues for different types of mining operations. Project financing, role of debt and equity and joint ventures. The feasibility study process, reliability weaknesses, importance of reliable mining capital and operating costs. Project risks, resource and reserve risks, the JORC code, mining method risk, milling risks, failures of project integration. Identification and quantification of project risks, sensitivity analysis and simulation. Cut-off grades and project optimisation in the context of financial / technical modelling. Evaluation of operation alternatives.
 
** To ensure that the most up-to-date information about unit references, texts and outcomes appears, they will be provided in your unit outline prior to commencement. **
 

Field of Education:

081101 Banking and Finance

Funding Cluster:

02 - Accounting, Administration, Economics, Commerce

SOLT (Online) Definitions*:

Not Online
*Extent to which this unit or thesis utilises online information

Result Type:

Grade/Mark

Availability

Availability Information has not been provided by the respective School or Area. Prospective students should contact the School or Area listed above for further information.

 
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