Mine Financial Valuation (MINN7092A)

This course provides a comprehensive understanding of the role of mine financial valuation and its application in mine planning and optimisation. In order to to remain relevant to new developments in the subject matter, content may include but will not be limited to: purpose of mine financial valuation; interpreting concept of 'value'; basic business premise; optimising the balance sheet; project evaluation model; cash and accounting cash flow evaluation model; types and behaviour of costs; balancing flexibility in terms of costs; mineral price cycles and forecasting models; capital investment and ranking decisions; financing of mining projects; mining taxation; depreciation amortisation and impairment decisions; equipment replacement decisions; evaluating risk in valuation; analysis of financial statements; valuation methods and valuation codes; course project assignment.