The course content addresses the following topics:
- Purpose and intent of mineral resource management (MRM): compelling reasons to implement an MRM and mineral asset management approach
- Value chain and constraints: front-end loading and inputs to MRM, theory of constraints, and systems thinking
- Mine financial valuation: time value of money, capital investment decisions, and financing decisions
- Feasibility studies, life of mine planning, and optimisation
- Compliance and reporting of mineral resources and reserves
- Reporting codes, valuations, and compliant sampling
- Mine process optimisation, the modifying factors, importance of measurement and optimisation
- Risk in mining and business: insuring against risk
- Compliance as a means of dealing with operational and project risk
- Stochastic assessment of risk