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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 will enable you to develop an awareness of the relevant financial information you can discover about a mining corporation from its audited financial statements. You will also have an appreciation for how accountants and financial analysts are challenged with exercising professional judgment on qualitative and quantitative financial material and balanced with a need for numerical precision. You will recognize that professional judgments included in financial assessments are similar to those made in demonstrating probable and proven mineral reserves. "Analysis of Mining Financials" uses the business environment in the mining industry as a relevant context for understanding and analyzing the financial statements of mining corporations. It isolates select accounting and financial aspects as being fundamental to becoming an informed reader of audited financial statements, including balance sheets, income statements, cash flows statements, statements of shareholders' equity, and the audited notes. Financial statements examples from both large and small mining companies are used and analyzed to illustrate these fundamentals. The course draws on credible sources to highlight relevant characteristics of accounting and financial analysis for mining. The objective of this material is to identify some prominent aspects of financing the corporate mining strategy, delving into the distinct areas where there are issues in accounting for the mining industry, and summarizing the inherent risks in understanding the financial statements of those involved in mining. The course provides some of the tools to establish a profile of a company's overall financial status and identifies the attributes that contribute to financial health and flexibility. Dates:          16, 17, 19 October 2020 Duration:     3 sessions of 3 hours each Time:            10:00 am - 1:00 pm PDT. Check the exact time and date in your city here. Price:           $399 USD See below for course policy   Presenter Carlos da Costa Carlos da Costa is a lecturer at Simon Fraser University where he offers risk management and finance instruction within the Beedie School of Business. He is also an instructor at the University of British Columbia (UBC) where he provides mining finance and economics related instruction. In addition, Carlos recently completed his PhD at UBC, focusing on resource (mining and energy) finance and economics. He is also a seasoned financial professional with solid experience in financial derivatives, market and credit risk, and structured finance.   Who Should Attend This course is appropriate for anyone interested in gaining some fundamental understanding on how to extract financial intelligence from company financial reports. This is particularly essential to those in the mining management, financial, and investment sectors who do not necessarily possess a financial and/or accounting background. The course will be of particular interest to junior mining analysts with a limited financial background, various levels of management, fund and asset managers, bankers, lawyers, consultants, engineers responsible for development planning, exploration managers and other specialists in the valuation of mineral projects. It will also be of interest to industry-based geologists and engineers, as well as government officials.   Pre-Course e-Learning Prior to the course, registered delegates have access to the online e-learning material consisting of an introductory course titled Understanding Financial Statements of Mining Companies.   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. Read More

Do you have break downs in your mine that could have been avoided?  You know preventive maintenance & predictive maintenance are fundamental to improving reliability, but why is it so hard to get the correct PM’s documented, executed, and institutionalized in the organization? This course will give you the knowledge needed to start implementing an effective Preventive & Predictive maintenance program. The course will deliver an eight-step process for you to follow.  The process has been used by IDCON consultants implementing PM’s all over the world. This is a program that is easy to understand, will involve the right people, will use resources effectively, and ensures that your equipment is maintained to optimize production.   This course is delivered in partnership with HUMENG International, Inc.   Dates:          24 November 2020 Duration:     4 Hours: 2 sessions of 2 hours with 1-hour break in between Time:           10:00 am - 12: 00 & 1:00 pm - 3:00 pm EDT. Check the exact time and date in your city here. Price:           $249 USD See below for course policy Presenters  Owe Forsberg Owe Forsberg is Vice President and Senior Consultant with IDCON INC.  Owe brings thirty years of progressive experience in multiple phases of Manufacturing, Facilities Management, Business Operations, Maintenance Engineering, and Project Management. He has proven analytical and problem-solving skills.  He has comprehensive experience in analyzing and streamlining business operations while applying system and engineered technologies to increase productivity, quality, efficiency, and customer satisfaction. Mr. Forsberg is a Certified Reliability and Maintenance Professional (CMRP) and a Certified Asset Management Assessor (CAMA).   Torbjorn Idhammar Torbjorn Idhammar is President and CEO of IDCON INC, a reliability and maintenance management consulting and training firm.  Tor is CAMA certified and has worked with mines throughout the world. Who Should Attend Recommended attendees include maintenance and operations managers, reliability engineering, reliability and maintenance managers, and professionals interested in learning a easy to use process to improve preventive and predictive maintenance at their organization. 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. Read More

Maintenance planning is one of the most effective ways to improve safety, reduce downtime, and ensure that resources are used efficiently. Maintenance planning also improves work quality; however, it is common to see maintenance planners do everything but, maintenance planning.  Perhaps it is time to enable the planners to effectively do their job.  This course is a great start.  This course is delivered in partnership with HUMENG International, Inc.   Dates:          3 November 2020 Duration:     4 Hours: 2 sessions of 2 hours with 1-hour break in between Time:           10:00 am - 12: 00 & 1:00 pm - 3:00 pm EDT. Check the exact time and date in your city here. Price:           $249 USD See below for course policy Presenters  Owe Forsberg Owe Forsberg is Vice President and Senior Consultant with IDCON INC.  Owe brings thirty years of progressive experience in multiple phases of Manufacturing, Facilities Management, Business Operations, Maintenance Engineering, and Project Management. He has proven analytical and problem-solving skills.  He has comprehensive experience in analyzing and streamlining business operations while applying system and engineered technologies to increase productivity, quality, efficiency, and customer satisfaction. Mr. Forsberg is a Certified Reliability and Maintenance Professional (CMRP) and a Certified Asset Management Assessor (CAMA).   Michael Lippig Michael Lippig is a senior consultant responsible for the design, development and implementation of systems, procedures, training and project management for IDCON reliability projects. His experience includes over 50 projects in 12 different countries in oil and gas exploration and refining, pharmaceutical, primary metals, pulp and paper, food, manufacturing, power generation, lumber and wood products, sanitation, chemicals, injection molding and extrusion, metal recycling and others.   Michael is a Certified Asset Management Assessor (CAMA).  Who Should Attend This course is developed for individuals who are current planners, new planners, or others interested in learning the specific tasks of the maintenance planner. 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. Read More

Do you spend your day putting out equipment emergency fires? Is your team pulled in many directions with reactive work, stressed resources and unavailable critical parts?  Does it seem impossible to have work planned to 80% for next week by Thursday this week? If so, then this is the course for you.  This course is delivered in partnership with HUMENG International, Inc.   Dates:          10 November 2020 Duration:     4 Hours: 2 sessions of 2 hours with 1-hour break in between Time:           10:00 am - 12: 00 & 1:00 pm - 3:00 pm EDT. Check the exact time and date in your city here. Price:           $249 USD See below for course policy Presenters  Owe Forsberg Owe Forsberg is Vice President and Senior Consultant with IDCON INC.  Owe brings thirty years of progressive experience in multiple phases of Manufacturing, Facilities Management, Business Operations, Maintenance Engineering, and Project Management. He has proven analytical and problem-solving skills.  He has comprehensive experience in analyzing and streamlining business operations while applying system and engineered technologies to increase productivity, quality, efficiency, and customer satisfaction. Mr. Forsberg is a Certified Reliability and Maintenance Professional (CMRP) and a Certified Asset Management Assessor (CAMA).   Torbjorn Idhammar Torbjorn Idhammar is President and CEO of IDCON INC, a reliability and maintenance management consulting and training firm.  Tor is CAMA certified and has worked with mines throughout the world.  Michael Lippig Michael Lippig is a senior consultant responsible for the design, development and implementation of systems, procedures, training and project management for IDCON reliability projects. His experience includes over 50 projects in 12 different countries in oil and gas exploration and refining, pharmaceutical, primary metals, pulp and paper, food, manufacturing, power generation, lumber and wood products, sanitation, chemicals, injection molding and extrusion, metal recycling and others.   Michael is a Certified Asset Management Assessor (CAMA).  Who Should Attend Recommended attendees for this course include general managers, maintenance and operations managers, reliability managers, and professionals interested in an understanding what Work Management is and how it can improve overall reliability and lower costs. 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. Read More

Are you tired of poor reliability and high maintenance costs at your mine? The good news is with the right knowledge you can manage your team better and improve reliability.  This course is designed for professionals who manage maintenance teams or want to manage maintenance teams.  You’ll learn what many mines miss when managing maintenance.  Key drivers to improve reliability and maintenance management will be presented. The course will discuss  how to implement the changes needed to meet your mine’s long-term goals.   This course is delivered in partnership with HUMENG International, Inc.   Dates:          22 October 2020 Duration:     4 Hours: 2 sessions of 2 hours with 1-hour break in between Time:           10:00 am - 12: 00 & 1:00 pm - 3:00 pm EDT. Check the exact time and date in your city here. Price:           $249 USD See below for course policy Presenter  Torbjorn Idhammar​ Torbjorn Idhammar is President and CEO of IDCON INC, a reliability and maintenance management consulting and training firm.  Tor is CAMA certified and has worked with mines throughout the world. Who Should Attend This course is appropriate for anyone interested in gaining fundamental understanding of reliability and maintenance management concepts.  It is particularly recommended for Mine Managers, Maintenance Managers, Reliability Managers, Production managers, supervisors and future managers. 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. Read More

Are you and your team tired of working on the same problems over and over again? What started as a major problem to solve becomes a game of making best guesses. No matter how big your organization is, problem solving is hard. And when there’s no structure for how to do it well, it becomes a needless burden. Time is wasted. Resources are spent.  Then 6 months later the you find yourself trying to solve the same problem.  IDCON’s Root Cause Problem Elimination™ was developed to give you a structured approach to solving the root cause of any problem. You’ll become better at holding root cause investigation sessions and ultimately eliminating the root causes cost-effectively without expensive software and finger pointing.   This course is delivered in partnership with HUMENG International, Inc.   Dates:          26 October 2020 Duration:     4 Hours: 2 sessions of 2 hours with 1-hour break in between Time:           10:00 am - 12: 00 & 1:00 pm - 3:00 pm EDT. Check the exact time and date in your city here. Price:           $249 USD See below for course policy Presenters  Torbjorn Idhammar​ Torbjorn Idhammar is President and CEO of IDCON INC, a reliability and maintenance management consulting and training firm.  Tor is CAMA certified and has worked with mines throughout the world.  Owe Forsberg Owe Forsberg is Vice President and Senior Consultant with IDCON INC.  Owe brings thirty years of progressive experience in multiple phases of Manufacturing, Facilities Management, Business Operations, Maintenance Engineering, and Project Management. He has proven analytical and problem-solving skills.  He has comprehensive experience in analyzing and streamlining business operations while applying system and engineered technologies to increase productivity, quality, efficiency, and customer satisfaction. Mr. Forsberg is a Certified Reliability and Maintenance Professional (CMRP) and a Certified Asset Management Assessor (CAMA).  Who Should Attend Recommended attendees include managers of maintenance and operations, maintenance and operations supervisors, reliability engineers and other professionals interested in learning how to solve problems and implement cost-effective solutions. 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. Read More

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