Mine Economics and Finance | UBC MSI Short Courses 2008

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University of British Columbia

2008 Mining Studies Institute: Professional Development Course

	Date:May 29th - 30th, 2008 Mine Economics and Finance Course Presenters Schedule General Information MSI Courses 2008 Summary This course is an introduction to metals marketing, hedging and risk management. It looks at mine valuation using discounted cash flow analysis and option pricing methods. It will address sources of mine finance and requirements and sensitivity and risk assessment. Introduction Example cash flow Mine cash flow model Discount rates Systematic and unsystematic risks The capital asset pricing model Valuation methods Weighted average cost of capital Flow to equity Adjusted present value Metal prices and markets Metal markets and pricing mechanisms- Lifelong Learning - Metal price models and examples Smelter and refinery contracts Costing methods Capacity factoring Cost models Activity-based costing for decision making Uncertain input parameters Sensitivity analysis Monte Carlo methods to estimate P(NPV<0) Real options Types of real options Binomial lattice methods Mine valuation by real options – examples Real options as a design paradigm Who Should Attend? The course is directed towards mining engineers, other professionals involved in the mining industry (e.g., biologists, chemists, geologists), and other scientists and environmental professionals who are interested in the impacts of metals on aquatic ecosystems and human health. Current professionals and current students are welcome to enroll. Pre-Course e-Learning Prior to the course, registered delegates are provided with an internet url, user name and password. All participants are expected to be familiar with the EduMine online course titled An Introduction to Modelling Project Finance and Economic Evaluation and Optimization (a CIM Course) This course provides delegates with important background material which increases their understanding and appreciation of the classroom course. Review of this material prior to the course, including completion of the interactive reviews, enables delegates to derive maximum benefit from the live sessions.	Course Details Presenter: Dr. Scott Dunbar Date: May 29th – 30th, 2008 Duration: 2-day course Location: UBC Robson Square Campus (Downtown Vancouver, BC, Canada) Fees: CAD 1,000.00 How to Register » This course is part of a blended learning program, which integrates online learning with the dynamics of a classroom presentation by industryspecialists. To achieve maximum benefit you should complete the pre-course e-learning prior to attendance at the classroom component. The interactive online reviews can be used to advantage to confirm that you have achieved the e-learning objectives.
	www.mining.ubc.ca Norman B. Keevil Institute of Mining Engineering - 2008