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Mine Planning 1 - Strategy introduces you to key mine planning concepts. The mine planning process is complex and integrates several technical branches of the mining discipline including rock mechanics, rock breakage, ventilation and mine design. While mine planners should endeavour to design and implement plans that are safe, environmentally sustainable and socially acceptable, the overriding factor in the success of a mining operation and what ultimately determines whether it will proceed through feasibility studies and onto construction and development is the level of profitability. The drive to exploit a mineral resource such that it adds as much value as possible to the mining business requires a continual update of the mine plan and the rapid implementation of any value adding opportunities as they arise. It is assumed that course participants have a good understanding of mining terms and descriptions, have been exposed to surface and underground mining methods, are familiar with mining development, operations and production and are keen to learn how to plan a mine for the purpose of maximising value. Course participants are also expected to have a basic knowledge of rock mechanics, rock breakage, ventilation, typical mining equipment and other technical fundamentals which form the platform and constraints for generating mine plans. Scope This course focuses on the main concepts associated with investigating the financial impact of a number of key levers on the value of a mine plan. This course does not investigate core technical concepts required in mining. It is assumed that all technical parameters have been established and are feasible. The focus therefore turns to establishing financial optimality by planning and generating the best mine plan. This course also does not teach the use of mine planning and design software which in some cases may incorporate the concepts discussed within. Authors Micah Nehring Shahriar Shafiee   Duration: 14 Hours Access: 90 Days Category: Mining Level: Specialize Version Date: September 16, 2013 ​Need to train a team? Whether you're looking for a customized training program or developing a team, we have enterprise solutions to fit your needs. Learn More   Read More

This course is the second in a set of three courses on Mine Planning. Mine Planning 2 - Operations introduces you to the key mine planning concepts of sequence and scheduling as well as cut-off grade. The mine planning process is complex and integrates several technical branches of the mining discipline including rock mechanics, rock breakage, ventilation and mine design. While mine planners should endeavour to design and implement plans that are safe, environmentally sustainable and socially acceptable, the overriding factor in the success of a mining operation and what ultimately determines whether it will proceed through feasibility studies and onto construction and development is the level of profitability. The drive to exploit a mineral resource such that it adds as much value as possible to the mining business requires a continual update of the mine plan and the rapid implementation of any value adding opportunities as they arise. Scope This course focuses on the main concepts associated with investigating the financial impact of a number of key levers on the value of a mine plan. This course does not investigate core technical concepts required in mining. It is assumed that all technical parameters have been established and are feasible. The focus therefore turns to establishing financial optimality by planning and generating the best mine plan. This course also does not teach the use of mine planning and design software which in some cases may incorporate the concepts discussed within. Authors Dr. Micah Nehring Ph.D. Dr. Sean Shafiee Ph.D.   Duration: 17 Hours Access: 90 Days Category: Mining Level: Specialize Version Date: April 14, 2016   ​Need to train a team? Whether you're looking for a customized training program or developing a team, we have enterprise solutions to fit your needs. Learn More Read More

This course is the third in a set of three courses on Mine Planning and follows on from the previous two Mine Planning courses. Mine Planning 1 - Strategy focused on three of the five main levers for value creation as part of the strategic mine planning process (including mining method selection, process route selection and scale of operation). Mine Planning 2 - Operations then went on to illustrate the use of the final two levers including sequence and scheduling and cut-off grade policy. Mine Planning 3 - Optimization introduces you to mathematical optimization concepts which often form the basis for many of the computerized planning tools that are commercially available today. It is important to understand how these tools work and the fundamental algorithms behind them to aid the mine planning process. Scope This course focuses on the use of mathematical optimization techniques and processes. Upon completion of this course, participants will be able to develop basic mathematical programming models and be able to solve this in Excel for the purpose of allocating limited resources for maximum benefit (within the mining context). Coding and scripting are beyond the scope of this course. Authors Dr. Micah Nehring Ph.D. Dr. Sean Shafiee Ph.D.   Duration 20 hours Access 90 Days Category Mining Level Specialize Version Date September 21, 2017 ​Need to train a team? Whether you're looking for a customized training program or developing a team, we have enterprise solutions to fit your needs. Learn More Read More

A tenet of investment is that if the risks of an investment are high, then the investor should be compensated for assuming the risks by a high potential return from the investment. However, quite often the risks associated with an investment are not known or understood. The results vary but may include an investment evaluation that is not representative, a bad investment decision, and low returns or even losses. Inadequate technical or financial information is the main reason risks are not taken into account or are misunderstood. Unfortunately, lack of such information is a common situation in mining and other large industrial projects. No amount of investment evaluation or analysis can compensate for lack of information. If the risks are known and can be characterized in some way, methods of investment analysis can be used to provide a quantitative assessment of the risks. One goal of this course is to describe methods for risk quantification, their advantages and limitations, and to give realistic (if not real) examples of their application. Fortunately these methods are simple so that complete evaluation of an investment is (or at least should be) a simple process. Topics covered in this course include: Revenues, Costs and Cash Flows Discount Rates Project Financing Metal Prices and Markets Mining Costs Uncertainties Real Options Authors Dr. Scott Dunbar   Duration 18 hours Access 90 Days Category Financial Level Specialize Version Date May 23, 2012 ​Need to train a team? Whether you're looking for a customized training program or developing a team, we have enterprise solutions to fit your needs. Learn More Read More

This is a training course for all mine personnel involved in underground mining. Falls of roof have always been a hazard in underground mines. Many miners have lost their lives to roof falls, but these types of accidents are becoming less common as ground control practices have improved. A combination of research, stronger regulations, and best practices by companies have made it less likely that today's miners will be injured or killed by falling rock. Miners must recognize the hazards, however, as well as the need to install ground supports correctly, and protect themselves and their co-workers from ground fall accidents. While the mandates of the mining regulatory agencies are law in the US, they are also comprehensive enough to be considered best practice for mining in countries throughout the world. The author is a Certified Mine Safety Professional as well as an MSHA Certified Instructor for both surface and underground. This course material was developed originally for the US National Institute for Occupational Safety and Health (NIOSH) and is compliant with MSHA regulations. Authors Elaine T. Cullen, MBA, PhD, CMSP Trudy Gallinger MA.Ed, Curriculum Development   Duration 3 hours Access 90 Days Category Safety Level Specialize Version Date November 10, 2008 Need to train a team? Whether you're looking for a customized training program or developing a team, we have enterprise solutions to fit your needs. Learn More Read More

This is a training course for all mine personnel involved in the handling of explosives in underground mines. The course is designed to introduce you to the types of explosives used in the mining industry and the US regulations that control their use for underground mining. While the mandates of the mining regulatory agencies are law in the US, they are also comprehensive enough to be considered best practice for mining in countries throughout the world. The author is a Certified Mine Safety Professional as well as an MSHA Certified Instructor for both surface and underground. This course material was developed originally for the US National Institute for Occupational Safety and Health (NIOSH) and is compliant with MSHA regulations. Authors Elaine T. Cullen, MBA, PhD, CMSP Trudy Gallinger MA.Ed, Curriculum Development   Duration 3 hours Access 90 Days Category Safety Level Specialize Version Date June 30, 2008 Need to train a team? Whether you're looking for a customized training program or developing a team, we have enterprise solutions to fit your needs. Learn More Read More

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