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51 - MISC - Miscellaneous Courses

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MISC 222 - Introduction to Mineral and Exploration Economics

Code	Start Date	Duration	Venue
MISC 222	08 May 2023	5 Days	Istanbul	Registration Form Link
MISC 222	03 July 2023	5 Days	Istanbul	Registration Form Link
MISC 222	28 August 2023	5 Days	Istanbul	Registration Form Link
MISC 222	23 October 2023	5 Days	Istanbul	Registration Form Link
MISC 222	18 December 2023	5 Days	Istanbul	Registration Form Link

 

Course Description

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.

Course Objectives

• Describe best practice systematic mine planning
• Explain the importance of engineering decisions based on costs
• Define the concept of scarcity and how it relates specifically to exhaustible resources
• Interpret the way in which the theory of mineral supply, the generation of mineral rents, the capture of rents and their distribution to a variety of stakeholders is undertaken
• Perform break-even analysis
• Describe costs from an economic perspective
• Apply economic criteria to real-life decision making

Who Should Attend?

• Mining geologists
• Mining engineers 
• Mineral process engineers
• Financial Accountants
• Business Analysts
• Mine Management / Superintendents
• Consultants and Advisors involved in the minerals industry