Course Introduction

An Introduction to Mining Investment - Understanding the Risks

Version: 15 October 2009

Jack Caldwell P.E., MS.(Eng.), LLB

Start the Course with an Orientation Session	Start the Course at the First Working Session	Course Certification Entry or Registration
(first time viewers)	(serious viewers)	(certification)

Note: The title of this courses was changed on October 15 2009 from the original Mining Investment - A Risky Business.

Who Will Benefit from this Course?

This course is intended for those with little knowledge of mining, but a desire to learn enough to make wise and successful investment moves in public stock markets where mining shares are traded. This course is also intended for seasoned mining stock investors who wish to take a fresh look at the basics of investing in mining stocks with a view to polishing up on, and possibly revising, strategies and investment portfolios.

The Good News and the Bad News

The good news is that many people have made lots of money investing in mines. The bad news is that many have lost money, or had to wait many years for a fair return on invested capital. The basic reason is that mining is a risky business. There are multiple risks involved at all steps along the way through finding an ore body, confirming the extent of resources, permitting a new mining operation, constructing the support facilities, operating the mine, and finally closing it so that it is not a perpetual financial drain on the owning company. There are also related risks from mining scams and investment "bubbles".

What this Course Can Do for You

In this course, the author does three main things ...

• describe the various phases of mining so that you can understand and evaluate the risk of investing in a mine that is involved in one or more of the phases of mining;

• discuss technical, social, political, and financial factors that make one mining investment better or worse than another;

• present stories that highlight the risks and rewards of investing in mines.

The course is arranged so that you, as somebody probably relatively new to mining and investment in mining, can identify and evaluate the risks involved ... hence you can make informed decisions about how and when to invest in a mine or mining company.

Course Content

The presentation follows a light, easy-to-read format based on the author's considerable experience of the mining industry. The course comprises 43 sessions, each of less than 30 minutes learning content, plus interactive reviews that confirm your achievement of learning objectives. The total duration of the course is approximately 14 hours.

Learning Outcomes

Participants who successfully complete this course and the certification requirements will be able to perform the following.

• Identify and evaluate the risks involved in a mining venture.

• Make informed decisions about how and when to invest in a mine or mining company.

Course Certification

This course qualifies for EduMine Certification. A certificate will be issued to an EduMine enrollee who registers for certification and successfully completes the certification requirements. The total certification fee for this course is Can$194.

1.4 CEUs  (Continuing Education Units) will be awarded for successful completion of certification requirements for this course. EduMine meets the Criteria for Certification established by the Authorized Provider Commission of The International Association for Continuing Education and Training, 1620 Eye Street, N.W., Suite 615, Washington, DC 20006.

To register for certification for this course use the "Course Certification Entry or Registration" link above or below on the right.

Start the Course with an Orientation Session	Start the Course at the First Working Session	Course Certification Entry or Registration
(first time viewers)	(serious viewers)	(certification)