Metal Accounting

Content
1 session

Rating

Course Length
40 hours

Instructor
Edumine Courses

Released
16 May 2024

Price
$1,989.00

Upcoming Sessions

Description

Course overview

Gain an appreciation of the diversity, techniques and methodologies to accurately, reliably and efficiently track metal production from mine custody transfer point of ore delivery into the process plant through to saleable product; including recognising and quantifying metal accounting uncertainties and biases.

You also get access to a three month All-Access Subscription to Edumine enabling you to learn from the 110+ on-demand courses offered on a variety of topics. 

This course introduces the principles of the AMIRA P754 Code of Practice for Metal Accounting as a means for enabling reliable metal accounting.

Gain the foundation and framework to deliver more accurate metal accounting reports and data outputs to support sound corporate governance, improved workflow across the business, enhanced financial forecasting and improved efficiency in gaining more value from mineral deposits.

Techniques and methodologies are reinforced with real world examples, subject matter expert input and practical exercises that the learner can apply in their workplaces.

Duration Delivery Start Date PD Hours Language
40 Hours / 8 weeks 100% online 16 September 2024 Up to 40 English

Gain skills to help you:

  • report results in a transparent and accurate manner
  • understand the impact of sound metal accounts on the broader business
    • positively impacting company reputation, corporate governance and market credibility
    • providing a reliable platform for improving operations and measuring the true impact of process changes and improved resource utilisation and sustainability.
  • understand plant design requirements for enabling operational capability to deliver best practice metal accounting performance
  • assist your business in understanding limitations, variability and risks in their metal accounting systems
  • approach metal accounting with a value focus.

Support improved new mineral processing plant design, mine production and resource and financial planning and forecasting with a solid understanding of metal accounting requirements and how these relate to the overall mine to product value chain.


Course structure

The eight-week course consists of six modules over six weeks, with a final two weeks to complete written assessments. Each module consists of:

  • Pre-recorded videos, featuring interviews with experienced industry experts
  • Interactive learning activities and discussion
  • ‘Take home’ analytical tools that can be used in the workplace
  • Multiple choice questions
  • Additional reading including case studies

The written assessment requires participants to complete short answer questions that address the content presented in each module.

Live sessions are recorded and available within 24 hours for participants who are unable to attend.

Note: This course will be delivered by AusIMM through a partnership with Edumine.


Course Sessions

24-Sep-24 6.00pm
08-Oct-24 6.00pm
15-Oct-24 6.00pm

Note: All times are in Pacific Time.


Who should attend?

Persons responsible for generating, utilising or supporting metal accounting reporting in the minerals industry including:
• Site Metallurgists
• Metallurgists accountable as the Competent Person
• Chemical or Process Engineers transitioning to Metallurgy roles
• Metallurgical Managers
• Plant Design Metallurgists/Process Engineers

Other persons who can benefit from attending this introductory course by broadening their understanding of how the metal accounting process should work in practice are:
• Production & Reserves Geologists
• Mine Planning Engineers
• Product marketing, finance, commercial and IT personnel


Course facilitators

 

 

   Karen McCaffery

   FAusIMM

   Principal, Tastufo Consulting (CPMet), MIEAust. CPEng, NER

 

   John Jessop

   Managing Director - Think Advisory Pty Ltd
   BSc (Geophysics)

 

 

   Gail Gnoinski

   MAusIMM

Objectives

Learning objectives

  • Explain the principles of the AMIRA P754 Code of Practice for Metal Accounting and use it to critically appraise my site’s metal accounting practices
  • Apply practical statistical methods to analyse, quantify and monitor accuracy (bias) and precision of primary metal accounting input measurements and related risk
  • Identify current practices in metal accounting activities, and ways to improve practices in sampling, sample representativity, sample preparation, laboratory analysis, mass measurement, bias and error management, data management, reconciliation and reporting for metal accounting 
  • Recognise the potential risks of poor metal accounting practices and possible mitigation procedures
  • Identify requirements for sound data storage and management
  • Relate integrity of reported metal accounts with financial reporting and associated corporate governance principles
  • Explain how different disciplines interact across the minerals industry to facilitate accurate and transparent metal accounting reporting 
  • Plan improvements to metal accounting practices that will ensure standardised, best practice metal accounting practices at my process plant/laboratory

Recommended text

The recommended text for this course is An Introduction to Metal Balancing and Reconciliation, available for purchase from the University of Queensland. Participants are able to secure a 10% discount on the purchase of this publication (available in hard copy only), and an order form will be supplied with your enrolment confirmation. Participants are urged to order in plenty of time to allow for order processing and shipping.

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Metal Accounting

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