Mining Economics – Africa - Remote

RPMGlobal in association with School of Rock are delivering a remote Mining Economics course. This course provides participants with a solid foundation in the fundamental principles of mining economics. It focuses on cost efficiencies involved in every step of the mining process and provides an introduction to systematic planning and the importance of engineering decision-making based on costs. Each participant will receive a set of financial modelling templates and an ebook of Dr. Ian Runge’s Mining Economics & Strategy textbook.

Course contains approx. 5 x 3hr sessions (total 15hrs)
Workshops completed outside of session times
Session Times are 9am to 12pm SAST daily
Instructor-led training delivered via Webex
Digital Training Material Provided (including ebook on Adobe Digital Editions)

Course is beneficial Mining Engineers and Operations personnel wanting to increase their knowledge in mining economics. Participants should have a good working knowledge of Excel prior to joining.

Course delivered from Johannesburg, times are South African Standard Time (SAST).

Please note – this course offering is taking registrations of interest at this time. Dates will be confirmed when a minimum number of registrations have been received.

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Understanding life cycle costing

Introduction to Life Cycle Costing and practical applications of the method.

Economic life determination

Equipment life maximised and cost minimised.

Residual value in major components

Predicting life of equipment in time and diminishing value.

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Process development, identifying layers, aligning people / systems / resources, process health, and ongoing refinement.

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Dynamic Life Cycle Costing, budgeting, reliability, economic life determination, knowledge database, master data, and maintenance maturity

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improvement strategies.

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Mining Economics – Africa - Remote

Register

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RPMGlobal teams up with Scope Systems to deliver AI-based Inventory Optimisation across their ERP ecosystem

XECUTE – A groundbreaking mine planning solution

RPMGlobal releases next generation, mobile asset management solution

RPMGlobal Introduces Accredited Carbon Literacy Training Course for the Mining Industry

AMT – 20 years of growth and development

Up for the Challenge – Mining Consultants

RPMGlobal expands Perth base to accommodate increasing growth

Simplifying your Approach to Net Zero

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RPMGlobal Receives Industry Grant

Ngaire Tranter set to deliver mine closure insights at IMARC 2022

Course content

Equipment management fundamentals

Understanding life cycle costing

Economic life determination

Residual value in major components

Establishing a framework

Bringing it all together

Learning outcomes

Who is the course for?