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If you are an exploration geologist, a mining engineer, a metallurgist, a mine accountant, or a practitioner of any of a number of other mining-related specialties, at some time you will be asked to do a cost estimate. Mining is an economic endeavor, and, after safety, the cost of mining and its related processes is one of the most important considerations in that endeavor. This course introduces you to the methodologies of mining cost estimating, and prepares you to complete a credible estimate. The course focuses on itemized cost estimating methods in the context of a mine plan. It covers the costs of excavating, loading, hauling, drilling and auxiliary equipment as well as the costs of supply, personnel, stripping and other requirements. 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 Otto Schumacher   Duration: 15 Hours Access: 90 Days Category: Financial Level: Specialize Version Date: July 29, 2015 ​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 investment necessary to start a mine is of the order of 10's to 100's of millions of dollars. In order for the investment to be profitable, the potential product in the ground must be present in adequate quantities and quality to justify a decision to invest. Mining and processing systems used to extract the products must then operate so as to produce revenue to offset the planned investment and to provide an acceptable profit. Clearly, all technological and financial decisions regarding planned production are built on an understanding of the mineral assets available. Thus, the estimation of grade and location of material in the ground (in situ resources) must be known with an acceptable degree of confidence. This is especially true of certain large, low grade deposits for which grade is only slightly above minimum profitable levels, and for some precious metal deposits where only a small percentage of mineralized ground can be mined at a profit. Mining profits are strongly leveraged to product price and to realized grade of material mined. A small difference between planned (estimated) and realized production grade, or a small change in metal price, can have a large impact on mine profitability. The three undertakings, ore estimation, mine planning and grade control, are complementary in an efficient mining operation and are natural progressions one to another. The integration of these three endeavors is important because the grade control system must balance with the ore reserve as well as with the final products of the operating plant, and both estimation and grade control are influenced by planned operational procedures. If this balance is not achieved then the original investment may be in jeopardy. Reappraisals of mineral inventories can be necessary many times both prior to and during the life of a mine. Resource/reserve estimation procedures commonly are considered in two categories, empirical and geostatistical. This course is confined to the principal empirical methods of estimation. Authors Alastair J. Sinclair   Duration: 18 Hours Access: 90 Days Category: Exploration Level: Specialize Version Date: June 22, 2006 ​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

Health and Safety in Exploration 1 is one of a series of courses developed from e3 Plus: A Framework for Responsible Exploration, a guideline developed by the Prospectors and Developers Association of Canada (PDAC) to help exploration companies continuously improve their social, environmental and health and safety performance and to comprehensively integrate these three aspects into all of their exploration programs around the world. e3 Plus provides the means for members to reduce social and environmental risk to their projects, to benefit local communities and to enable companies to become world leaders in corporate social responsibility performance (CSR) The intended audience for e3 Plus includes: the exploration sector, local communities, government organizations, non-governmental organizations, civil society, academia or any interested party. The complete series of e3Plus courses includes the following titles: Principles and Guidance for Responsible Exploration Social Responsibility in Exploration Environmental Stewardship in Exploration 1 - 2 Health and Safety in Exploration 1 - 4 Students of these courses please note that the first course in the series, Principles and Guidance, must be studied before any of the other courses. Authors Prospectors and Developers Association of Canada Duration 12 Hours Access 90 Days Category Safety Level Cross Train Version Date April 3, 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

Health and Safety in Exploration 2 is one of a series of courses developed from e3 Plus: A Framework for Responsible Exploration, a guideline developed by the Prospectors and Developers Association of Canada (PDAC) to help exploration companies continuously improve their social, environmental and health and safety performance and to comprehensively integrate these three aspects into all of their exploration programs around the world. e3 Plus provides the means for members to reduce social and environmental risk to their projects, to benefit local communities and to enable companies to become world leaders in corporate social responsibility performance (CSR). The intended audience for e3 Plus includes: the exploration sector, local communities, government organizations, non-governmental organizations, civil society, academia or any interested party. The complete series of e3Plus courses includes the following titles: Principles and Guidance for Responsible Exploration Social Responsibility in Exploration Environmental Stewardship in Exploration 1 - 2 Health and Safety in Exploration 1 - 4 Students of these courses please note that the first course in the series, Principles and Guidance, must be studied before any of the other courses. Authors Prospectors and Developers Association of Canada Duration 18 Hours Access 90 Days Category Safety Level Cross Train Version Date May 30, 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

Health and Safety in Exploration 3 is one of a series of courses developed from e3 Plus: A Framework for Responsible Exploration, a guideline developed by the Prospectors and Developers Association of Canada (PDAC) to help exploration companies continuously improve their social, environmental and health and safety performance and to comprehensively integrate these three aspects into all of their exploration programs around the world. e3 Plus provides the means for members to reduce social and environmental risk to their projects, to benefit local communities and to enable companies to become world leaders in corporate social responsibility performance (CSR). The intended audience for e3 Plus includes: the exploration sector, local communities, government organizations, non-governmental organizations, civil society, academia or any interested party. The complete series of e3Plus courses includes the following titles: Principles and Guidance for Responsible Exploration Social Responsibility in Exploration Environmental Stewardship in Exploration 1 - 2 Health and Safety in Exploration 1 - 4 Students of these courses please note that the first course in the series, Principles and Guidance, must be studied before any of the other courses. Authors PDAC Duration 22 Hours Access 90 Days Category Safety Level Cross Train Version Date   November 5, 2012 Read more