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52 - MISC - Miscellaneous Courses
MISC 225 - Mine Investment and Mining Projects Financial Valuation
Code | Start Date | Duration | Venue | |
---|---|---|---|---|
MISC 225 | 07 October 2024 | 5 Days | Istanbul | Registration Form Link |
MISC 225 | 11 November 2024 | 5 Days | Istanbul | Registration Form Link |
MISC 225 | 16 December 2024 | 5 Days | Istanbul | Registration Form Link |
Course Description
Mining requires extensive capital expenditures, both for exploration and the initial establishment of mining operations. However, once a mine is operational, its operating costs tend to be significantly lower and relatively stable. For this reason, the mining sector is popular among investors as it produces a steady stream of both previous and industrial-use metals and other raw materials. This course discusses the mining investments opportunities evaluation as well as how to evaluate a successful mining project.
Course Objectives
- Understand the basics of mining stocks
- Learn how to make correct investment decisions
- Understand the role of mine financial valuation
- Learn how to conduct cost estimation for mining projects
- Make equipment replacement decisions
Who Should Attend?
- Mining analysts
- Fund and asset managers
- Bankers
- Engineers responsible for development planning
Course Details/Schedule
Day 1
- Introduction to mining stocks
- Valuing Major and Junior Mining Stocks
- Choosing How to Invest
- Volatile valuations
- Cyclical capital expansion
- Investments important factors
- Quick Ratio
- Operating Profit Margin
- Return on Equity (ROE)
Day 2
- The role of mine financial valuation
- Application in mine planning and optimization
- Purpose of mine financial valuation
- Interpreting concept of 'value'
- Basic business premise
Day 3
- Technical inputs to evaluation
- The mineable reserves
- Production rates
- The production system
- Optimizing the balance sheet
- Project evaluation model
- Cash and accounting cash flow evaluation model
Day 4
- Cost estimation
- Types and behavior of costs
- Balancing flexibility in terms of costs
- Revenue Estimation
- Mineral price cycles and forecasting models
- Capital investment and ranking decisions
- Financing of mining projects
Day 5
- Mining taxation
- Depreciation amortization and impairment decisions
- Equipment replacement decisions
- Evaluating risk in valuation
- Analysis of financial statements
- Valuation methods and valuation codes