Mining Economics – Brisbane

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 Dr Ian Runge’s Mining Economics & Strategy textbook.

Register

Please complete form below to register, seats are limited.

"*" indicates required fields

First Name*

Last Name*

Email Address*

Phone Number*

Company*

Title*

Registration Participant

I am registering on behalf of someone else

Billing Address*

Address Line 2

City*

State / Province*

ZIP / Postal Code*

Country*

Payment Method*

Comments

Number of participants*

Registrant #1 details

Participant 1: First Name*

Participant 1: Last Name*

Participant 1: Email Address*

Participant 1: Title*

Registrant #2 details

Participant 2: First Name*

Participant 2: Last Name*

Participant 2: Email Address*

Participant 2: Title*

Registrant #3 details

Participant 3: First Name*

Participant 3: Last Name*

Participant 3: Email Address*

Participant 3: Title*

Registrant #4 details

Participant 4: First Name*

Participant 4: Last Name*

Participant 4: Email Address*

Participant 4: Title*

Registrant #5 details

Participant 5: First Name*

Participant 5: Last Name*

Participant 5: Email Address*

Participant 5: Title*

Registrant #6 details

Participant 6: First Name*

Participant 6: Last Name*

Participant 6: Email Address*

Participant 6: Title*

Registrant #7 details

Participant 7: First Name*

Participant 7: Last Name*

Participant 7: Email Address*

Participant 7: Title*

Registrant #8 details

Participant 8: First Name*

Participant 8: Last Name*

Participant 8: Email Address*

Participant 8: Title*

Registrant #9 details

Participant 9: First Name*

Participant 9: Last Name*

Participant 9: Email Address*

Participant 9: Title*

Registrant #10 details

Participant 10: First Name*

Participant 10: Last Name*

Participant 10: Email Address*

Participant 10: Title*

Consent - Training T&C's*

I accept the Terms and Conditions *

Consent - Privacy Policy*

I have read and accept the RPMGlobal Privacy Policy *

All courses require a minimum number of participants to proceed.

Show me:

Integrating economics into mining

Overview of the Mine Planning process, and application of economic evaluation procedures

Time value of money

Value at a constant point in time, discounted cash flow analysis, discount factors (risk & uncertainty), and inflation.

Break-even analysis

Discounted cash flow ranking criteria, and discounted average cost

Capital & operating costs

Machine life & capital cost, operating costs, and first principal cost modelling.

Cost effective mining schemes

Systematic planning process, and economic data at each phase of the planning cycle

Costs from an economic perspective

Economic definition of cost, types of costs, and average verse marginal costing.

Development strategies for maximum value

Undeveloped deposits, initial assessments, and capital values & development strategies.

Investment decisions

Payback, sensitivity analysis, and other subjective measures.

Describe best practice systematic mine planning.
Explain the importance of engineering decisions based on costs.
Create cash flow models.
Perform break-even analysis.
Describe costs from an economic perspective.
Perform incremental & marginal cost analysis.
Apply economic criteria to real-life decision making

Mine Planning Engineers
Financial Accountants
Business Analysts
Mine Management / Superintendents
Management Consultants

Course Details Download PDF

Mining Economics – Brisbane

Register

RPMGlobal releases the latest version of its industry-leading ShiftManager Solution

RPMGlobal expands cloud offerings with Reserving as a Services

RPMGlobal reviews opportunities for Mining in the Net Zero Transition

RPMGlobal Releases Enterprise Optimiser (EO)

RPMGlobal Releases Major Upgrade to XPAC Scheduling Suite

RPMGlobal Acquires three Underground Mine Optimisation Software Products

RPMGlobal Acquires Copy of Environmental Data Management & Reporting Software

RPMGlobal Advances the Mining Industry with Hydrogen Vehicle Simulation

Maximising your Demand Chain: How to Overcome Common Value Chain Optimisation Challenges

RPMGlobal introduces environmental disturbance reporting capability across its scheduling suite of software

Connecting Systems and Technology: Dispelling Common Industry Integration Myths

RPMGlobal advances the mining industry towards a sustainable future

Course content