(1 Day Training Course)
Summary:
Strategic Cost control
Introduction:
Discussing essential tools available for assessing resource project economics to determine viability, as well as fundamental aspects of the mining industry including the effect of commodity prices and markets, government legislation, mineral agencies and resource accounting practices, methods for assessing risk, valuing projects, developing strategic plans, financial models and estimating CAPEX and OPEX cost. Ideal for engineers, chemists, accountants and process personnel working in the industry.
Key Learning Outcomes:
There are many benefits of attending this course. Throughout the course, participants will improve their knowledge in the following areas:
- Appreciate the history of budgeting, OPEX & CAPEX
- Understand the fundamentals of project economics
- Appreciate financial models
- Recognise how economics impact projects
Course Programme:
(Subject to change & customisation for your requirements)
- Introduction
- Principles & concepts
- Role of minerals industry
- OPEX
- CAPEX
- Cost estimation
- Financial models
- Role of equity and debt
- Risk analysis
- Strategic management
- Economic gain scenarios
- Case studies
Who Should Attend?
This course is designed to provide an overview on the economics of mineral processing operations, what makes them profitable and what makes them lose money. The course covers capital costs, operational costs, risk analysis, financial models and case studies. Suitable for supervisors, managers, consultants, coordinators, financiers and brokers
Also suited to:
- Mining personnel
- Project managers
- Metallurgists
- Senior mine staff
- Plant operating staff
- Engineers
- Researchers
- Training providers
- Technologists
- Suppliers to the resource industry
- Accountants, brokers & investors
- Administration staff
For a brochure, further information on this course or to register please contact our training department on +61 8 9421 9000 or send an email to training@metsengineering.com
