The course content addresses the following topics:
- Purpose of mine financial valuation
- Interpreting concept of 'value', basic business premise, project evaluation model
- Types and behaviour of costs, balancing flexibility in terms of costs, cut-off grades, and cost curves
- Inflation and the time value of money
- Mineral price cycles and forecasting models
- Capital investment and ranking decisions
- Financing of mining projects, debt, and equity
- Mining taxation
- Depreciation, amortisation, and impairment decisions
- Equipment replacement decisions
- Evaluating financial risk in valuation
- Analysis of financial statements
- Valuation methods and valuation codes