At popular request we are bringing this course to you as a live webcast!
This course deals with the fundamental aspects of the valuation of mining projects with particular emphasis on the models used for valuation, uncertainties in the input to these models, and the role of the models in decision-making. Several examples and exercises are used to illustrate the concepts. For details of topics covered see the course schedule.
Prior to the course, registered delegates have access to the online e-learning material consisting of an introductory course titled Mine Project Economics.
Certificate in Mining Studies
This course qualifies for one day of short course credit for the Certificate in Mining Studies (CMS), a continuing education program of accredited short courses, webcasts and online courses for lifelong learning in mining, supported by University of British Columbia and University of Arizona. more details »
Continuing Professional Development (CPD)
Registered participants who attend the entire webcast 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.
Who Should Attend?
The material in this course would be useful to anyone involved in carrying out mine valuations or who wishes to understand mine valuations done by others. Some familiarity with discounted cash flow methods is useful but not essential.
This webcast is scheduled for 3 consecutive Thursdays: June 2, 9, and 16. The webcast will run from 8:00am to 10:30am PDT/Vancouver, Canada time each day.
Check the exact time and date in your city.
This webcast is divided into three sessions with following topics:
- Discounted cash flow
- Discrete and continuous cash flow models
- Basic project cash flow model
- Examples of valuations
Mining Revenues and Costs
- Metal markets
- Calculation of mine revenue
- Cost types
- Cost models
- Capacity factoring
- Activity-based costing
- Strategic and tactical decision making using costs
- Systematic and unsystematic risks
- Risk mitigation
- The capital asset pricing model
Valuation of Project Financing
- Capital structure
- Equity and debt financing
- Weighted average cost of capital
- Flow to equity
- Adjusted present value
Valuation of Tax Shields
- Depreciation and interest tax shields
- Present value of tax shields
Uncertain Input Parameters
- Models of uncertainty
- Analytical and simulation techniques
- Effects of risk perception
- Types of real options
- Mine valuation by real options
- Real options as a design paradigm (real options in real mines)
Spreadsheet models showing the methodologies employed and examples will be provided.
How to Register
To register yourself, click the ‘Register Now’ button and complete the online registration form.
To register on behalf of someone else, or to register groups of 2 or more, please contact us; discounts may apply.
Questions? Please contact EduMine: +1 604 683 2037 or [email protected] and we will get back to you during regular business hours, Monday - Friday, 8:00am to 5:00pm Pacific Time.
Online registration ends 15 minutes prior to the webcast; however phone registration can be accepted up to the start of the webcast. Please call +1 604 683 2037 ext. 229 for last-minute reservations. Webcasts fill up quickly. Early booking is advised!
The full fee for the three sessions of this webcast, including access to electronic course notes, Pre-Course e-Learning and a certificate of attendance is CAD 510.00.
Early Bird: there is a 10% discount if you register at least 30 days prior to the course start date. A 10% discount is offered for groups of 3 or more OR if you provide your Annual EduMine subscription User ID at time of registration. The maximum discount that can be applied is 20%.
This webcast is designed for both individual and group participation and would make an excellent company-sponsored in-house training event. If you have a group of ten or more who would like to attend this course from one location, please contact us at +1 604 683 2037 for special pricing.
How Webcasts Work
It's easy and our webcast saves on fees, travel and time! You will be able to ask questions and have live discussions during the webcast just as if you were there in person. At the time of the webcast, you connect to the internet, call in to a toll/toll-free number to hear and talk through the telephone or simply listen and speak over your headset/PC speakers using Voice over IP (VoIP). You see the presentation as well as the instructor on your computer screen.
To attend this webcast, you will need a computer with a high-speed internet connection (DSL or cable). You will also need a phone line or integrated microphone in your PC or a headset. For your comfort, it is recommended that you use a speaker phone or headset to connect to the webcast. Our system will support both PC and Apple computers using Internet Explorer, Chrome, Firefox or Safari browsers.
Accessing the Webcast
One day prior to the webcast, you will be emailed a link for the webcast. About 15 minutes before the scheduled starting time, simply go to the website provided in the email. You should be able to simply click on the link in the email; however, some email programs may require that you copy the address and paste it into your browser's address bar. You will be asked to enter your name and email address, and you will need to enter the password that was sent to you in the email. Once you have logged in, a screen will pop up with the Voice over IP option or a toll/toll-free telephone number to call. Of course, our team is available to help if you have any questions about accessing the webcast: +1 604 683 2037 ext. 229.
Terms and Conditions
By submitting the webcast registration form, you agree to pay the associated fees in full before the course start date.
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.
If a delegate submits written notice of cancellation 10 or more business days prior to the first day of the webcast, EduMine will refund the cost of the webcast.
If a delegate submits written notice of cancellation prior to the webcast but within 9 business days of the first day of the webcast, EduMine will apply the delegate’s payment less a 10% administration fee towards an EduMine webcast or short course held within one year of the date of cancellation.
If a delegate submits written notice of cancellation after the webcast has started, or misses all or a portion of the webcast without notice, no refund or credit will be granted.
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. If a course is cancelled, fees will be refunded in full. EduMine also reserves the right to postpone or make such alterations to the content of a course as may be necessary.