Summary

An introduction to mining finance

Schedule

This 1-day course will give you an understanding of how finance models represent mining operations. It covers the basic concepts of financial modelling; what to look for in a financial model; basic investment decisions based on a financial model; and some tricks of the trade.

AusIMM PD Hours

8

Course Content

Areas that this course covers include:

• Basic accounting concepts and principles
• Definitions of some financial accounting terms
• Explanation of the terms and concepts
• Financial accounting system
• Balance sheet, income statements and cash flow statements
• Time value of money
• Payback
• ROI
• NPV
• IRR
• Risk and return
• The mining context
• Project stages
• Project Valuations / Modelling
• Cash flow modelling of mining projects
• Opportunity costs
• Project sensitivities
• Monte Carlo
• Real options
• Project Funding
• Return on Investment
• Risks, Debt / Equity
• Hybrids
• Summary of funding principles

Who should attend?

Designed for those with non-financial backgrounds, who are involved in mining projects and would like to understand the principles of finance, and how it relates specifically to mining and exploration.

Course Length (Days)