12582 (v.2) WASM Mine Finance and Accounting 582

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Area:	WASM Mineral Economics Teaching Area
Contact Hours:	5.0
Credits:	25.0
Lecture:	1 x 4 Hours Weekly
Tutorial:	1 x 1 Hours Weekly
Financial statement analysis. Time value of money - net present value, cash flow, rate of return. Project evaluation techniques. The cost of capital. Investment finance. Risk and uncertainty in project evaluation. Mineral markets. Inventory management. Basic accounting concepts, budget and budgetary controls, financial decision making techniques forecasting, Government financial policies and taxation systems. Global finance systems. Debt-equity financing, financial options and real options, venture capital, fundamental versus technical stock market analysis.