311214 (v.1) WASM Project Evaluation 331

Area:	Western Australian School of Mines
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, 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:	030303 Mining Engineering
SOLT (Online) Definitions*:	Not Online *Extent to which this unit or thesis utilises online information
Result Type:	Grade/Mark

Availability

Year	Location	Period	Internal	Partially Online Internal	Area External	Central External	Fully Online
2008	Kalgoorlie Campus	Semester 1	Y

Area External refers to external course/units run by the School or Department or offered by research.

Central External refers to external and online course/units run through the Curtin Bentley-based Distance Education Area

Partially Online Internal refers to some (a portion of) learning provided by interacting with or downloading pre-packaged material from the Internet but with regular and ongoing participation with a face-to-face component retained. Excludes partially online internal course/units run through the Curtin Bentley-based Distance Education Area which remain Central External

Fully Online refers to the main (larger portion of) mode of learning provided via Internet interaction (including the downloading of pre-packaged material on the Internet). Excludes online course/units run through the Curtin Bentley-based Distance Education Area which remain Central External