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Edumine is the world's leading provider of training and education to the mining industry. We offer individuals, corporations and educators effective solutions.

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This course is for anyone who needs to interface with the mining industry: suppliers of equipment and services, government and regulators, administrative and support staff. In short, anyone who needs answers to questions like the following. Do you know who Robert Friedland is? Or Ivan Glasenberg? Do you know what Escondida is? Or where it is? Or Oyu Tolgoi? Or Grasberg? What is NI43-101? … The Equator Principles? … Copiapo? … Bre-X? … PDAC? What percentage of GDP in Australia is accounted for by mining and mineral processing? If you complete this course, you will. You won't learn everything about the technical aspects of mining, but you will learn what is current, topical and important in today's mining scene. In short, you will get a comprehensive overview of the mining industry. And you will get links to sources of information where you can find everything else. We hope that you will find the course so useful that it becomes your gateway for information on any mining topic. Course content has been updated to December 2017 mining industry news, events and, where available, information. Authors Julian Houlding (Co-Author) Simon W. Houlding MSc P.Eng (Co-Author)   Duration: 10 Hours Access: 90 Days Category: Mining Level: Introduce Version Date: December 15, 2017         Read More

Course Aim and Structure Market turbulence significantly affects the mining industry. While the intrinsic value of a mineral project is still a key consideration, understanding the interrelationship between technical and financial risk to truly understand the long term value of an asset, helps companies make better investment (or divestment) decisions. Companies that are able to secure debt finance for both development and acquisition of advanced projects have greater strategic flexibility. Understanding how debt impacts the valuation of projects allows for an objective approach to determining levels of gearing; this is relevant to both the investment banking and mining communities. The Valuation of Mineral Projects course is designed to address these issues. This course is for professionals with a basic to intermediate understanding of the principles of the accounting cash flow model that wish to gain expertise in quantitative finance in the context of mining. Actual operating mine valuations are a central focus of the course. To gain the most out of the course, attendees should have had some exposure to the technical aspects of minerals and mining. Attendees are expected to have their own laptop computers available for this course. Workshop sessions are an integral part of the course delivery. Use will be made of the IC-MinEval software, which automates the generation of Excel™-based spreadsheets to produce models for a wide range of mineral projects. These models can be used independently of the software once the course is completed. At the end of the course, attendees will: Know how to build a financial model using realistic assumptions and inputs such as a rate of production appropriate to the size of the resource, and associated capex and opex costs using CostMine data. Understand the circumstances in which it is appropriate to set up models based on a straight discount rate basis vs a model that includes debt (in the latter case the approach to determining the appropriate level of debt will be explained). Be able to analyse the financial performance indicators generated by the IC-MinEval software outputs and indicate the valuation that could be placed on the asset based on the output. Be able to undertake a sensitivity analysis on key technical and financial variables. Particular attention will be given in the course to why sensitivity on variables such as mining dilution should not be considered. Appreciate the role of financial models in identifying those technical variables that have the greatest impact on financial performance and then back-engineering that to the corresponding technical risk. Have worked through a variety of case studies that are based on real projects. This course is characterized by dynamic interaction between presenter and delegates that promotes inter-delegate professional dialogue. Previous courses presented in Vancouver, London, Johannesburg and Stockholm have received wide participation from major finance and mining companies, providing an opportunity to bring together professionals with common concerns in this area. In addition to the presentation slides, attendees will receive a copy of the book Metals and Energy Finance, authored by Prof. Buchanan.   Dates:          31 March -  3 April, 2020 Location:     Vancouver, Canada Price:           $2999 USD Duration:     4 - day in person See below for course policy   Presenters  Professor Dennis Buchanan Professor Buchanan works jointly between the Department of Earth Science and Engineering and the Business School at Imperial College London. His current research interest lies in addressing the underlying technical principles applying to mineral projects and demonstrating how these influence financial modelling. He has almost 40 years’ experience teaching mining geology, mineral exploration and mineral project appraisal and is responsible for the MSc in Metals and Energy Finance. This is a joint degree between the Department of Earth Science and Engineering and the Business School at Imperial College. Professor Buchanan has worked as a Mining Geologist in both gold and platinum mines in South Africa and had wide experience as a consultant to the industry, as an expert witness and in designing and delivering short courses for the industry.   Who Should Attend The course will be of particular interest to mining analysts, fund and asset managers, bankers, engineers responsible for development planning, exploration managers and other specialists in the valuation of mineral projects. It will also be of interest to government officials. The course will be relevant to entrepreneurs needing to understand the qualifying framework that private equity funds use to evaluate projects.   Pre-Course e-Learning Prior to the course, registered delegates have access to the online e-learning material consisting of an introductory course titled An Introduction to Modelling Metal Project Finance.   Continuing Professional Development (CPD) Registered participants who attend the entire short course and complete an evaluation at the end of the course will receive a Certificate of Attendance, confirming the Professional Development Hours (PDH)/Continuing Education Units (CEU) earned. Please confirm with your employer and/or professional association that this course qualifies for CPD.   Cancellations Notice of cancellation must be given in writing by letter, fax or email and action will be taken to recover, from the delegates or their employers, that portion of the fee owing at the time of cancellation. A 10% administration fee will be levied for cancellations made 4 or more weeks prior to the first day of the course. Thereafter, the following cancellation refund schedule will apply. Cancellation made more than 3 weeks prior to the first day of the short course: 70% of the registration fee is reimbursed. Cancellation made more than 2 weeks prior to the first day of the short course: 50% of the registration fee is reimbursed. Cancellation made less than 2 weeks prior to the first day of the short course: no reimbursement of registration fees. Edumine reserves the right to cancel an advertised course on short notice. It will endeavour to provide participants with as much notice as possible, but will not accept liability for costs incurred by participants or their organisations as a result of the course being cancelled or postponed. If a course is cancelled, fees will be refunded in full. Edumine also reserves the right to postpone or make such alterations to the content of a course as may be necessary. Read More

This course provides a non-technical introduction to the use and management of cyanide on a global basis. The course is designed to provide the global picture of cyanide use and how it compares with other chemicals used around the world. Cyanide is used in gold mining operations, however, there is much confusion regarding the real impact of cyanide use in mining. This course attempts to dispel the myths and mysteries surrounding cyanide and provide reliable facts and figures. The course begins with an examination of the production, use, treatment, and transportation of cyanide worldwide, followed by discussions of its technical properties, risks, and management. Subsequent courses in the Cyanide Management in Mining series detail specific technical aspects highlighted in this introductory course. Authors Dr. Terry Mudder   Duration: 4 Hours Access: 90 Days Category: Environment Level: Introduce Version Date: August   Read More

This is a concise course on rock engineering for non-engineers in mining. The course addresses rock engineering issues for personnel of mining companies who are not directly involved in mining: people like managers, metallurgists, field geologists... even accountants, secretaries and lawyers. This course has been given to mining companies and mining operations around the world, primarily so that non-engineering personnel can understand what operations personnel need at the mine site level. The goal is to give non-engineering personnel an appreciation of the volume of rock failures and their implications.   A Rock Engineering Primer for Non-Engineers in Mining consists of 7 viewing sessions of 30 - 60 minutes each with supporting figures, tables and examples, plus interactive course reviews. Course duration is equivalent to approximately 3 hours of viewing content. Authors Dr. Rimas Pakalnis   Duration: 3 Hours Access: 90 Days Category: Geotechnics Level: Introduce Version Date: August 3rd, 2004   Read More

This course, taking into account developments in the field of quality management in the mineral industry during the last 10 years, provides an in-depth assessment of the various factors affecting quality, and then outlines a rational path to implementing and sustaining improvement programs. The course is especially pertinent as it addresses the all-important sustainability issue in collaboration with the Continuous Learning Group (CLG), which has been a world leader since 1993 in behaviour-based strategy execution and performance improvement consulting. Part 4 of the course, which was contributed by CLG, elaborates on tried-and-true methodologies to encourage behaviour changes that will establish an enduring culture that supports continuous improvement (CI) initiatives. In addition, the course highlights other factors that are critical to the successful implementation of CI programs. The course is specifically tailored for the requirements of the mineral industry. Unlike other industries, mining companies do not compete on the basis of product quality. Because the prices for commodity-grade products are determined by the market, a company's control over its profitability stems largely from its ability to minimize production costs. The course emphasizes the strategic need for a company to remain viable by continuously driving costs down, and positioning itself in the lower quartile of the cost curve. The course focuses on the following aspects needed to successfully implement a CI program: Part 1: Establishing a culture that enables mining companies to continuously emphasize cost reductions by minimizing waste and eliminating non-value-added activities. Part 2: Transforming organizations by forming partnerships between customers and suppliers (both external and internal), and improving costs through cross-functional problem-solving teams. Part 3: Encouraging cooperative behaviours to facilitate teamwork, and providing training in various group decision-making techniques to motivate employees to participate in continuous cost reduction efforts. Part 4: Stressing the role of leadership to remove internal barriers that act as hindrances, and embed a CI culture to sustain the process by actively managing individual behaviour through monitoring of key performance indicators. The course is designed for engineering, operating and administrative personnel, as well as senior executives—in fact, for all stakeholders whose participation and commitment are essential to the success of any CI initiative. It draws on leadership and cultural issues that are critical to motivate individuals to buy into the program. Practical suggestions are provided on how to structure and sustain implementation efforts. The course goes beyond the traditional approach and addresses how individuals, far from being mere spectators, can be empowered to take the critical actions that drive continuous improvement. This is a premium course which has been peer-reviewed by a committee appointed by the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) and the Society for Mining, Metallurgy and Exploration (SME). Authors Bish Chanda P.Eng. CLG   Duration: 15 Hours Access: 90 Days Category: Leadership Level: Specialize Version Date: February 6, 2016 Read More

Acid Rock Drainage (ARD) Prediction provides an introductory course and application reference for students, technicians, and practicing geochemists, geoscientists and other professionals who desire a solid grounding on the subject. The course provides sufficient knowledge and background to allow useful application of the presented information toward site assessment with regard to the evaluation of acid generation potential. By design, Acid Rock Drainage Prediction emphasizes the practical application of the concepts presented and limits the presentation of theory to the level required for a basic understanding of the topic. The aim of this course is to provide an overview of the concepts underlying acid rock drainage prediction and to act as a resource for practitioners to become more familiar with or reaquaint themselves with the topic. For those who require a specialized theoretical background on the topic, ARD Prediction provides an exhaustive list of technical references. The companion textbook to this course which contains some of the course text and has additional references should be read in conjunction with this course: Acid Mine Drainage, Rock Drainage and Acid Sulfate Soils, causes, assessment, prediction, prevention and remediation, edited by James A Jacobs, Jay H. Lehr, Stephen M. Testa, John Wiley & Sons, 2014. Principal topics covered by the course include: Chemistry, Mechanisms and Sources Site Assessment and Sampling Mineralogical and Geochemical Interpretation Static Laboratory Tests and Interpretation Kinetic Laboratory Tests and Interpretation Waste Material Management Case Studies in ARD Prediction Authors Chris Mills MSc P.Eng (Author) Bruce Downing MSc P.Geo (Co-Author) Dr. Andy Robertson P.Eng (Co-Author)   Duration: 33 Hours Access: 90 Days Category: Environment Level: Specialize Version Date: December 15, 2014 Read More

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