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
Undergraduate Program(s)
| 2026/2027 - Winter - Mining - Year 5 |
| 2025/2026 - Winter - Mining - Year 5 |
| 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 - 2026/2027 - Winter - Bo Zhang |
| B1 - 2025/2026 - Winter - Bo Zhang |
| 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 |