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The predominant economic evaluation technique for a mineral project, from pre-feasibility study stage to operating mine, is the discounted cash flow (DCF) method. A DCF evaluation will include a detailed year-by-year cash flow projection spanning the life of the mineral reserves plus the DCF metrics of net present value (NPV) and internal rate of return (IRR). DCF methodology is accepted by industry, the financial community and regulatory bodies. This course examines the requirements, practice, and application of DCF methodology, as well as insights into the potential pitfalls to be found in such evaluations. Principal course topics include: Discounted Cash Flow Net Present Value (NPV) and Internal Rate of Return (IRR) Determination of Discount Rate Metal Price, Inflation, Debt and Taxes Targeting, Scoping and Ranking Optimizing Production Rate and Project Size Project Expansion Analysis Trade-Off Analysis Equivalent Annual Cost Analysis The course includes practical applications of DCF methodology, with examples, to project evaluation, mineral process selection, process optimization, project expansion, selection of equipment and comparison of alternatives. This course is designed for an audience of mining professionals and managers who require a practical understanding of economic evaluation and financial analysis methods and their application to mineral projects. Authors Lawrence Devon Smith   Duration: 8 Hours Access: 90 Days Category: Financial Level: Cross train Version Date: January 13, 2003 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

Economic Geology 101 is a course for beginners in exploration geology, people requiring a basic understanding of ore deposits, students, and anyone who is inquisitive about mineral deposits and how these form. The course provides an overview of the three major rock types (igneous, sedimentary, and metamorphic rocks), and introduces the geologic processes that form or influence ore deposits. In this course, you will learn about ore deposits that are typical for various metals, including abundant metals (iron, manganese, titanium) as well as scarce base (nickel, copper, lead, zinc) and precious (platinum group elements, gold and silver) metals. World-renowned deposits are described and illustrated with numerous figures and photographs. This course is based on the Geological Framework for the Business of Exploration and Mining, authored by David Groves, produced by Market Motion Media. Authors David Groves (Author)   Duration: 9 Hours Access: 90 Days Category: Exploration Level: Introduce Version Date: January 16, 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

The electric shovel is a key component of overall mine productivity. Running any brand of electric shovel safely and productively takes a skilled operator who understands the shovel and has had lots of coaching and hands-on training. Start your operators out right with a solid understanding of the components, design and capabilities of the equipment. Help them understand the limitations and challenges before they start operating in a simulator or a real shovel. Author Vista Training   Duration: 2 Hours Access: 90 Days Category: Operations Level: Specialize Version:  v1.0.0           Overall Course Specifications: Estimated length of training program: 1 hour + final test Number of test questions: 38 Printable Certificate of Completion: Yes Final Exam Feedback report: Yes 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

The Case for Proactive Risk/Crisis Evaluation During the last 20 years, experts monitored the crisis readiness of the Fortune 500 companies and classified them in two groups: proactive companies that evaluated and prepared for crises; reactive companies that dealt with crises as they occurred. The results of that long term monitoring effort were simple. The proactive companies: live longer face less crises do better in financial terms have a better corporate reputation Crisis prepared companies: suffer fewer crises recover faster are more profitable The frightening reality highlighted by this research was that less than 25 percent of the Fortune 500 companies were proactive! There are no immune industries... mining is as susceptible to risk and crises as any other industry. This course will show you how to be proactive, and give you the background and tools to evaluate risk and to plan and prepare for crises. In short, it will show you how to engineer for success in mining. Authors Franco Oboni Cesar Oboni   Duration: 10 Hours Access: 90 Days Category: Leadership Level: Specialize Version Date: December 9, 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 course introduces an approach to local economic and community development that focuses on the creation of a "parallel economy" in communities impacted by the extractive industry - an economy that may be inspired and sustained by the increased population and economic output of the mine but that is entrepreneurial in nature and focused on strengthening local capacity for wealth creation. Enterprise Facilitation® is a community development methodology whose aim is to assist local, self motivated entrepreneurs to transform their own ideas into viable enterprises. The approach, used in community development for the past 25 years, has come to the attention of mining companies for its ability to engender not only sustainable development in communities but also a local "can do" attitude that promotes community pride and long-lasting gratitude for the providers of the Enterprise Facilitation® service. Authors Ernesto Sirolli   Duration: 5 Hours Access: 90 Days Category: Environment Level: Specialize Version Date: June 8, 2011   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

Today, sustainability is the key to the future success of mining and we carefully consider the long-term impacts of operations on our local communities. Sustainability means we consider the economical, environmental, cultural, and social aspects in the development of our operations as we strive to benefit local communities in the way we benefit from operating as their neighbours. Sound environmental practices result in improved air, water, land, and heritage resources. Benefits accrue to the environment, our people, our families, the broader community, and future generations. They also result in credibility with local communities in being able to manage the local resource and access to further resources in the future. Your company should be committed to providing guidelines, management, personnel, and resources necessary to minimise potential adverse effects of its operations on the environment and human health. Authors Ralph Gunness   Duration: 5 Hours Access: 90 Days Category: Environment Level: Specialize Version Date: July 25, 2019 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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