MinE 408

Mining Enterprise Economics


Description

Fundamentals of economic evaluation. Cost estimation, commodity price modelling and revenue forecasts and taxation related to mine development. Economic evaluation of mining ventures, profitability, risks and uncertainty analyses. Commodity markets and mine management strategies. Weekly laboratory/tutorial sessions will address case studies and specific problems.
Prerequisites: ENG M 310 or 401, and STAT 235.

Learning Outcomes

Recognizes mining's impact on the world and Canadian economy and develops and follows a management process that minimizes project impact
Be able to evaluate and value a mining operation
Recognizes impact of economics on equipment selection and develops and follows a management process that optimizes selection

Lecture Seminar Lab Credits Total AU
2 0/1 2/1 3 37.8
M % NS % CS % ES % ED %
0 0 100 0 0

None defined

  • Economics and project management
  • Life-long learning

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Undergraduate Program(s)

2024/2025 - Winter - Mining - Year 5
2023/2024 - Winter - Mining - Year 5
2022/2023 - Winter - Mining - Year 5
2021/2022 - Winter - Mining - Year 5
2020/2021 - Winter - Mining - Year 5
2019/2020 - Winter - Mining - Year 5

Sections & Respective Instructors

B1 - 2024/2025 - Winter - Bo Zhang
B1 - 2023/2024 - Winter - Bo Zhang
B1 - 2022/2023 - Winter - Bo Zhang
B1 - 2021/2022 - Winter - Mohammadali Sepehri
B1 - 2020/2021 - Winter - Mohammadali Sepehri
B1 - 2019/2020 - Winter - Robert Hall