Remote training, delivered by an industry expert, 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.
This course includes a number of Excel workshops, participants should have a good working knowledge of Excel prior to attending.
Course delivered from North America, times are Eastern Standard Time / Eastern Daylight Time (EST / EDT).
Remote via Webex
USD$1,600 ex taxes per person. Discounts available for multiple registrations.
What is equipment management, equipment management framework, sustainable return on investment, value proposition, and achieving corporate goals.
Introduction to Life Cycle Costing and practical applications of the method.
Equipment life maximised and cost minimised.
Predicting life of equipment in time and diminishing value.
Process development, identifying layers, aligning people / systems / resources, process health, and ongoing refinement.
Dynamic Life Cycle Costing, budgeting, reliability, economic life determination, knowledge database, master data, and maintenance maturity
November 13 @ 9:00 am - November 17 @ 12:00 pm
December 11 @ 9:00 am - December 15 @ 12:00 pm