December 17, 2017

Mineral Economics, Finance Evaluation and Risk Assessment

Overview

Mineral Economics, Finance Evaluation and Risk Assessment addresses in detail the financial analysis and risk assessment methods utilized in the natural resource industries to value mineral assets and establish transaction values. Participants receive a comprehensive understanding of the application issues, limitations and sometimes misuse of these techniques in mineral asset economic analysis. The focus is on the practical application of economic concepts and financial tools to investment decision making.

The global mining industry is extremely capital intensive but subject to large swings in profitability due to the high volatility of prices and political risk. Managing mineral enterprises in this environment requires a comprehensive understanding of the economic concepts and analytical tools appropriate to the extractive industries for establishing asset values and guiding investment decision making. Unfortunately formal education in this mineral economics sector is lacking on a global scale and professionals often learn many of the important aspects on the job or by trial and error.

Standard business analytical tools are often not understood and misapplied. The workshop is designed to address these issues by providing mining industry participants with a detailed overview of the practical application of mineral economics with particular focus on financial valuation of assets. This course provides an overview of the field of mineral economics and introduces key economic theories and methodologies as adapted to mineral commodity analysis. You will obtain an understanding of the analytical tools and techniques used in the market and economic assessment of mineral resource extraction projects and operations.

Course Highlights

  • Key mining and mineral finance terminology, processes and techniques
  • Financial and commercial drivers of the mining sector
  • Mining finance evaluation tools
  • How to evaluate mining projects
  • How to raise funds/finance mining projects
  • Recent development in advanced project evaluation methodologies
  • Construction of detailed cash flow models to value mineral assets
  • The concept of resource scarcity and current regulatory aspects of defining reserves
  • Price Forecasting methodologies for mineral prices and current industry practice
  • Practical issues and cautions with methods for determining project discount rates
  • Modern Risk Analysis Techniques employed by the mining industry – their benefits and limitations

Benefits of Attending

  • UNDERSTAND mining finance from a global perspective
  • LEARN how to assess the viability of mining projects
  • DISCOVER practical ways to finance mining projects from greenfields exploration through to full-scale mining operations
  • GAIN an appreciation of mining costs, and the decision-making process to increase mine profitability
  • IDENTIFY project and financial risk using sensitivity and scenario analyses and Monte Carlo simulation
  • BALANCE risk and returns in line with corporate risk profiles

Who Should Attend

  • CEO / CTO / COO
  • Mine Managers
  • Exploration & Production Geologists
  • Mining & Metallurgical Engineers
  • Resource Economists
  • Financial Analysts
  • Strategic Planning Specialists
  • Legal and Regulatory Staff
  • Accountants & Auditors
  • Investor Relations Personnel
  • Commercial & Technical Engineers
  • Business Development Managers
  • Commodity Marketers
  • Risk Managers
  • Mining Project Lending Institutions
  • Governmental Legislative Staff

Dates: 23 – 26 June 2014

Venue: Johannesburg, SA

Contact: Lisa Tan

Email:lisa.tan@infocusinternational.com

Website: www.infocusinternational.com/mineralfinance

Infocus International Group

Tel: +65 6325 0254+65 6325 0254

 

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